Common use of Remittance Reports; Advances Clause in Contracts

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the Servicer shall deliver to the Trustee by telecopy (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less later than four Business Days prior the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related Distribution Dateto the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Servicer shall deliver to the Trustee by telecopy or electronic mail (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to in the related Distribution Date. On the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape form of Exhibit O hereto (or diskette or in such other medium as may be form mutually agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report upon) with respect to the related Distribution Date. Not later than the close 20th day of business New York time on each month (or if such 20th day is not a Business Day, the Servicer Remittance Datepreceding Business Day), the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Within one Business Day following after each Determination Date Date, but in no event less later than four Business Days prior such date which would allow the Trustee to submit a claim to the related Distribution DateNIMS Insurer under the Indenture, the Master Servicer shall deliver to the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Servicer Master Servicer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. On Not later than each Master Servicer Remittance Date (or, in the same datecase of certain information, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer Trustee and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not Master Servicer, not later than four Business Days after the close end of business New York time on the Servicer Remittance Dateeach Due Period), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second third Business Day following each Determination Date but in no event less later than four the 20th day of each month (or if such 20th day is not a Business Days prior to Day, the related Distribution Datepreceding Business Day), the Servicer shall deliver to the Trustee by telecopy or electronic mail (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall electronically transmit to the Trustee (in a format acceptable to the Trustee), a data file containing the information set forth in such Remittance Report (including but not limited to the date elements specified in Schedule 4 hereto or in such form mutually agreed upon by the Servicer and the Trustee) with respect to the related Distribution Date or if electronic transmission is not available, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may tape. Such Remittance Report will include (i) the amount of Advances to be agreed between made by the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to of the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause aggregate amount of Advances outstanding after giving effect to be delivered to such Advances, and the Trustee aggregate amount of Nonrecoverable Advances in addition to the information provided on the Remittance Report, respect of such Distribution Date and (ii) such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.02. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the Servicer shall deliver to the Trustee by telecopy (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee and the Depositor by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less later than four the 20th day of the each month (or if such 20th day is not a Business Days prior to Day, the related Distribution Datepreceding Business Day), the Servicer shall deliver to the Trustee by telecopy or electronic mail (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the The Servicer shall forward on such date furnish a copy of such Remittance Report to the Trustee Certificate Insurer by overnight mail a computer readable magnetic tape or diskette or in such other medium means as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect Certificate Insurer shall agree from time to the related Distribution Datetime). Not later than the close 20th day of business New York time on each month (or if such 20th day is not a Business Day, the Servicer Remittance Datepreceding Business Day), the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer. In addition, the Servicer will provide to the Depositor, on a monthly basis, information regarding the Mortgage Loans reasonably requested by the Depositor.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the 91 Servicer shall deliver to the Trustee by telecopy (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four five Business Days prior to the related Distribution Date, the Master Servicer shall deliver to the Trustee by telecopy (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report Report, and other data mutually agreed upon, with respect to the related Distribution Date. On the same date, the Master Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Master Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Master Servicer Remittance Date, the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.064.05. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the Servicer shall deliver to the Trustee by telecopy (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee to perform the calculations necessary to make the distributions 103 contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Within one Business Day following after each Determination Date Date, but in no event less later than four Business Days prior such date which would allow the Trustee to submit a claim to the related Distribution DateNIMS Insurer under the Indenture, the Master Servicer shall deliver to the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Servicer Master Servicer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. On Not later than each Master Servicer Remittance Date (or, in the same datecase of certain information, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer Trustee and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not Master Servicer, not later than four Business Days after the close end of business New York time on the Servicer Remittance Dateeach Due Period), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to 134 Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On or before the second fifth Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the Servicer shall deliver or cause to be delivered to the Trustee by telecopy or electronic mail (or by such other means as the Servicer and the Trustee may agree from time to time) a up to two Remittance Report Reports with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. On or before the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect fifth Business Day prior to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On or before the second 18th day of each calendar month commencing in October 2006, or if such 18th day is not a Business Day, the Business Day immediately following each Determination Date such 18th day, but in no event less later than four Business Days prior such date which would allow the Trustee to submit a claim to the related Distribution DateNIMS Insurer under the Indenture, the Servicer shall deliver to the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Servicer Servicer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. On Not later than each Servicer Remittance Date (or, in the same datecase of certain information, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer Trustee and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not Servicer, not later than four Business Days after the close end of business New York time on the Servicer Remittance Dateeach Due Period), the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On or before the second 18th day of each calendar month commencing in January 2007, or if such 18th day is not a Business Day, the Business Day immediately following each Determination Date such 18th day, but in no event less later than four Business Days prior such date which would allow the Trustee to submit a claim to the related Distribution DateNIMS Insurer under the Indenture, the Servicer shall deliver to the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Servicer Servicer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. On Not later than each Servicer Remittance Date (or, in the same datecase of certain information, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer Trustee and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not Servicer, not later than four Business Days after the close end of business New York time on the Servicer Remittance Dateeach Due Period), the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee require to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.064.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the Servicer shall deliver to the Trustee Certificate Administrator by telecopy (or by such other means as the Servicer and the Trustee Certificate Administrator may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee Certificate Administrator by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee Certificate Administrator containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee Certificate Administrator in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee Certificate Administrator may reasonably request or order in order for the Trustee Certificate Administrator to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee Certificate Administrator shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less than four Business Days prior to the related Distribution Date, the Servicer shall deliver to the Trustee by telecopy (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.. 100

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event less later than four Business Days prior to following such Determination Date (the related Distribution “Loan Data Remittance Date”), the Servicer shall deliver to the Trustee and the Guarantor by telecopy (or by such other means as the Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape or diskette or in such other medium as may be agreed between the Servicer and the Trustee containing the information set forth in such Remittance Report with respect to the related Distribution Date. Not later than the close of business New York time on the Servicer fourth Business Day following the related Loan Data Remittance Date, the Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably request or order in order for the Trustee to perform the calculations necessary to make the distributions contemplated by Section 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.06. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.