Common use of Remittance Reports; Advances Clause in Contracts

Remittance Reports; Advances. (a) No later than the 10th calendar day of each month, the Master Servicer shall deliver to the Securities Administrator by telecopy or electronic mail (or by such other means as the Master Servicer and the Securities Administrator may agree from time to time) the Remittance Report with respect to the related Distribution Date. No later than the Close of Business New York time on the fifth Business Day prior to the related Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Securities Administrator in addition to the information provided on the Remittance Report, such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Securities Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01. The Securities Administrator shall have no duty or obligation to calculate, recompute or verify any information in any Remittance Report or other loan level information that it receives from a Servicer.

Remittance Reports; Advances. (a) No later than the 10th calendar day of each month, the Master Servicer shall deliver to the Securities Administrator Trustee and the Certificate Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Securities Administrator Trustee may agree from time to time) the Remittance Report with respect to the related Distribution Date. No later than the Close of Business New York time on the fifth Business Day prior to the related Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Securities Administrator Trustee in addition to the information provided on the Remittance Report, such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Securities Administrator Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01. The Securities Administrator Trustee shall have no duty or obligation to calculate, recompute or verify any information in any the Remittance Report or other loan level information that it receives from a the Servicer.

Remittance Reports; Advances. (a) No later than the 10th calendar day of each month, the Master Servicer shall deliver to the Securities Administrator by telecopy or electronic mail (or by such other means as the Master Servicer and the Securities Administrator may agree from time to time) the Remittance Report with respect to the related Distribution Date. No later than the Close of Business New York time on the fifth Business Day prior to the related Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Securities Administrator in addition to the information provided on the Remittance Report, such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Securities Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01. The Securities Administrator shall have no duty or obligation to calculate, recompute or verify any information in any Remittance Report or other loan level information that it receives from a the Servicer.

Remittance Reports; Advances. (a) No later than the 10th calendar day of each month, the Master Servicer shall deliver to the Securities Administrator Trustee and the Certificate Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Securities Administrator Trustee may agree from time to time) the Remittance Report with respect to the related Distribution Date. No later than the Close of Business New York time on the fifth Business Day prior to the related such Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Securities Administrator Trustee in addition to the information provided on the Remittance Report, such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Securities Administrator Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01. The Securities Administrator Trustee shall have no duty or obligation to calculate, recompute or verify any information in any the Remittance Report or other loan level information that it receives from a the Servicer.

Remittance Reports; Advances. (a) No later than the 10th calendar day of each month, the Master Servicer shall deliver to the Securities Administrator by telecopy or electronic mail (or by such other means as the Master Servicer and the Securities Administrator may agree from time to time) the Remittance Report with respect to the related Distribution Date. No later than the Close of Business New York time on the fifth Business Day prior to the related Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Securities Administrator in addition to the information provided on the Remittance Report, such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Securities Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01. The Securities Administrator shall have no duty or obligation to calculate, recompute or verify any information in any Remittance Report or other loan level information that it receives from a Servicer.. 117