Common use of Monthly Information Clause in Contracts

Monthly Information. During the period between the date of the Original Asset Purchase Agreement and the Second Closing Date, within ten (10) Business Days after the end of each calendar month, the Sellers shall provide Purchaser with (i) an updated servicing data file as of the prior month-end regarding the Serviced Mortgage Loans containing, with respect to each Serviced Mortgage Loan, the information of the same categories and in the same format as in the Serviced Mortgage Loan Data Tape (the “Monthly Serviced Mortgage Loan Data Tape”), and (ii) an updated master servicing data file as of the prior month-end regarding the Master Serviced Mortgage Loans containing, with respect to each Master Serviced Mortgage Loan, the information of the same categories and in the same format as in the Master Servicing Data Tape (the “Monthly Master Servicing Data Tape”).

Appears in 2 contracts

Sources: Asset Purchase Agreement, Residential Servicing Asset Purchase Agreement (Nationstar Mortgage Holdings Inc.)

Monthly Information. During the period between the date of the Original Asset Purchase Agreement hereof and the Second Closing Date, within ten (10) Business Days after the end of each calendar month, the Sellers shall provide Purchaser with (i) an updated servicing data file as of the prior month-end regarding the Serviced Mortgage Loans containing, with respect to each Serviced Mortgage Loan, the information of the same categories and in the same format as in the Serviced Mortgage Loan Data Tape (the “Monthly Serviced Mortgage Loan Data Tape”), and (ii) an updated master servicing data file as of the prior month-end regarding the Master Serviced Mortgage Loans containing, with respect to each Master Serviced Mortgage Loan, the information of the same categories and in the same format as in the Master Servicing Data Tape (the “Monthly Master Servicing Data Tape”).

Appears in 1 contract

Sources: Residential Servicing Asset Purchase Agreement (Nationstar Mortgage LLC)