Statements to the Purchaser definition

Statements to the Purchaser. Not later than the 10th calendar day of each month (or, if such 10th day is not a Business Day, the following Business Day), the Servicer shall forward to the Master Servicer in hard copy and electronic format a statement, certified by a Servicing Officer, setting forth (a) the amount of the distribution to be made on the Remittance Date in the current calendar month which is allocable to principal and allocable to interest; (b) the amount of servicing compensation received by the Servicer during the prior calendar month; (c) the aggregate Stated Principal Balance and the aggregate unpaid principal balance of the Mortgage Loans as of the last day of the preceding month; and (d) the paid through date for each Mortgage Loan. Such statement shall also include information regarding delinquencies on Mortgage Loans, indicating the number and aggregate principal amount of Mortgage' Loans which are either one (1), two (2) or three (3) or more months delinquent and the book value of any REO Property, or such other mortgage loan level data as agreed upon by the Servicer and the Master Servicer, and the monthly reports substantially in the form of Exhibit 8 attached hereto."

Examples of Statements to the Purchaser in a sentence

  • The Sellers shall deliver the Financial Statements to the Purchaser on or prior to the Closing Date.

  • Subsection 11.15 Statements to the Purchaser...................................

  • The Company shall deliver the 2021 Financial Statements and the 2022 Financial Statements to the Purchaser no later than September 30, 2023.

  • To the extent not previously delivered, the Vendors shall cause the Corporation as soon as practical, to deliver the Corporation's Financial Statements to the Purchaser.

  • Upon delivery of the Audited Financial Statements and the Interim Financial Statements to the Purchaser, the Purchaser will have ten business days in which to review and evaluate the Audited Financial Statements and the Interim Financial Statements.

  • The Seller has provided or made available true and complete copies of the Financial Statements to the Purchaser.

  • The Company shall use reasonable best efforts to deliver the Audited Financial Statements to the Purchaser prior to July 31, 2011, and in any event shall cause the Audited Financial Statements to be delivered to the Purchaser prior to August 31, 2011.

  • The Target has, or will prior to the Closing Date have, delivered the Target Financial Statements to the Purchaser.

  • As soon as possible after the date hereof, the Silanis Companies will deliver the SIL Interim Financial Statements to the Purchaser.

  • Further, the Porters shall deliver Unaudited Financial Statements to the Purchaser on a monthly basis from and after the date hereof as soon as such Unaudited Financial Statements shall have been prepared and as provided in Section 4.9 hereof.