Common use of Collection Account Statements Clause in Contracts

Collection Account Statements. Upon request, not later than fifteen (15) days after each Distribution Date, the Servicer shall forward to the Master Servicer and, upon request, to the Securities Administrator, the Trustee and the Depositor, the most current available bank statement prepared by the institution at which the Collection Account is maintained. Copies of such statement and any similar statements provided by the Servicer shall be provided by the Securities Administrator to any Certificateholder and to any Person identified to the Securities Administrator as a prospective transferee of a Certificate, upon request at the expense of the requesting party, provided such statement is delivered by the Servicer to the Securities Administrator.