Common use of Remittance Reports Clause in Contracts

Remittance Reports. Not later than the fifteenth (15th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the RMBS Servicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the RMBS Servicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the Servicer RMBS Subservicer shall furnish to the RMBS Servicer and the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the ServicerRMBS Subservicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the ServicerRMBS Subservicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer RMBS Subservicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer RMBS Subservicer shall submit to the RMBS Servicer and the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer RMBS Subservicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the RMBS Master Servicer. The RMBS Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer RMBS Subservicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Date, the RMBS Servicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the RMBS Servicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the RMBS Master Servicer. The RMBS Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth (15th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth [tenth (15th) 10th)] calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth [tenth] calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the RMBS Servicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the RMBS Servicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master RMBS Servicer. The RMBS Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth twelfth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master ServicerServicer and the Certificate Insurer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the RMBS Servicer or RMBS Subservicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer, the RMBS Servicer and the ServicerRMBS Subservicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer, the RMBS Servicer and the ServicerRMBS Subservicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer or RMBS Subservicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer or RMBS Subservicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer RMBS Servicer, RMBS Subservicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer or RMBS Subservicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.