Common use of Reports and Statements to Series Clause in Contracts

Reports and Statements to Series. [•] Noteholders. (a) On each Payment Date, the Paying Agent, on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder a statement substantially in the form of Exhibit B-1 (or otherwise containing substantially comparable information) prepared by the Servicer and delivered to the Paying Agent. (b) On or prior to the second Business Day preceding each Payment Date, the Servicer shall deliver to the Indenture Trustee, the Paying Agent, the Transferor, each Note Rating Agency and the Owner Trustee (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) prepared by the Servicer and (ii) a certificate of a Servicing Officer substantially in the form of Exhibit C (or otherwise containing substantially comparable information). (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•] quarter of 20[·], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder: (i) information with respect to the credit performance of the Series [•] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•] Notes in relation to the Series [•] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), (b) or (c) above may be obtained by any Series [•] Noteholder or any Note Owner thereof by a request in writing to the Servicer. (f) On or before January 31 of each calendar year, beginning with calendar year 20[·], the Paying Agent, on behalf of the Indenture Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series [•] Noteholder, a statement substantially in the form of Exhibit B-2 to this Indenture Supplement prepared by the Servicer for such calendar year or the applicable portion thereof during which such Person was a Series [•] Noteholder, together with other information as is required to be provided by an issuer of indebtedness under the Code. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Series. [•] Noteholders. (a) On each Payment Date, the Paying Agent, on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder a statement substantially in the form of Exhibit B-1 (or otherwise containing substantially comparable information) prepared by the Servicer and delivered to the Paying Agent. (b) On or prior to the second Business Day preceding each Payment Date, the Servicer shall deliver to the Indenture Trustee, the Paying Agent, the Transferor, each Note Rating Agency and the Owner Trustee (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) prepared by the Servicer and (ii) a certificate of a Servicing Officer substantially in the form of Exhibit C (or otherwise containing substantially comparable information). (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•] quarter of 20[·2012], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder: (i) information with respect to the credit performance of the Series [•] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•] Notes in relation to the Series [•] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, advisor and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, Servicer and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), (b) or (c) above may be obtained by any Series [•] Noteholder or any Note Owner thereof by a request in writing to the Servicer. (f) On or before [January 31 31] of each calendar year, beginning with calendar year 20[·2013], the Paying Agent, on behalf of the Indenture Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series [•] Noteholder, a statement substantially in the form of Exhibit B-2 to this Indenture Supplement prepared by the Servicer for such calendar year or the applicable portion thereof during which such Person was a Series [•] Noteholder, together with other information as is required to be provided by an issuer of indebtedness under the Code. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Series. 20[__]-[•_] NoteholdersCertificateholders. (a) On each Payment Distribution Date, the Paying Agent, on behalf of the Indenture Trustee, shall make available, and shall forward to each Series 20[__]-[•_] Noteholder Certificateholder upon request, a statement substantially in the form of Exhibit B-1 (or otherwise containing substantially comparable information) C-1 to this Supplement prepared by the Servicer and delivered to the Paying Agent. (b) On or prior to the second Business Day preceding Not later than each Payment Determination Date, the Servicer shall deliver to the Indenture Trustee, the Paying Agent, the Transferor, each Note Rating Agency and the Owner Trustee Collateral Interest Holder (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) C-1 to this Supplement prepared by the Servicer and (ii) a certificate of a Servicing Officer substantially in the form of Exhibit C (or otherwise containing substantially comparable information).D. (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•] quarter of 20[·], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder: (i) information with respect to the credit performance of the Series [•] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•] Notes in relation to the Series [•] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), paragraph (a) or (b) or (c) above may be obtained by any Series 20[__]-[•_] Noteholder Certificateholder or any Note Certificate Owner thereof by a request in writing to the Servicer. (fd) On or before January 31 of each calendar year, beginning with calendar year 20[·__], the Paying Agent, on behalf of the Indenture Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series 20[__]-[•_] NoteholderCertificateholder, a statement substantially in the form of Exhibit B-2 C-2 to this Indenture Supplement to the extent prepared by the Servicer and delivered to the Paying Agent for such calendar year or the applicable portion thereof during which such Person was a Series 20[__]-[•_] NoteholderCertificateholder, together with such information as is required to be provided by a paying agent under the Code (including Forms 1099 and other customary tax reporting information) and, to the extent prepared by the Servicer and delivered to the Paying Agent, such other information as is required to be provided by an issuer of indebtedness under the Code. Such obligation The obligations of the Servicer and Paying Agent to prepare and deliver the statement substantially in the form of Exhibit C-2 to this Supplement shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Series. [•] Noteholders. (a) On each Payment Date, the Paying Agent, on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder a statement substantially in the form of Exhibit B-1 (or otherwise containing substantially comparable information) prepared by the Servicer and delivered to the Paying Agent, which shall (amongst other things) set forth the Transferor Percentage as of the Transferor Amount Measurement Date. (b) On or prior to the second Business Day preceding each Payment Date, the Servicer shall deliver to the Indenture Trustee, the Paying Agent, the Transferor, each Note Rating Agency and the Owner Trustee (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) prepared by the Servicer and (ii) a certificate of a Servicing Officer substantially in the form of Exhibit C (or otherwise containing substantially comparable information). (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•] quarter of 20[·], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder: (i) information with respect to the credit performance of the Series [•] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•] Notes in relation to the Series [•] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), (b) or (c) above may be obtained by any Series [•] Noteholder or any Note Owner thereof by a request in writing to the Servicer. (f) On or before January 31 of each calendar year, beginning with calendar year 20[·], the Paying Agent, on behalf of the Indenture Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series [•] Noteholder, a statement substantially in the form of Exhibit B-2 to this Indenture Supplement prepared by the Servicer for such calendar year or the applicable portion thereof during which such Person was a Series [•] Noteholder, together with other information as is required to be provided by an issuer of indebtedness under the Code. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Series. [•__]-[__] Noteholders. (a) On each Payment Date, the Paying Agent, on behalf of the Indenture Trustee, shall forward to each Series [•__]-[__] Noteholder a statement substantially in the form of Exhibit B-1 (or otherwise containing substantially comparable information) prepared by the Servicer and delivered to the Paying Agent, which shall (amongst other things) set forth the Transferor Percentage as of the Transferor Amount Measurement Date and the amount of seller’s interest maintained by the Transferor as of the Transferor Amount Measurement Date calculated in accordance with Regulation RR. (b) On or prior to the second Business Day preceding each Payment Date, the Servicer shall deliver to the Indenture Trustee, the Paying Agent, the Transferor, each Note Rating Agency and the Owner Trustee (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) prepared by the Servicer and (ii) a certificate of a Servicing Officer substantially in the form of Exhibit C (or otherwise containing substantially comparable information). (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•___] quarter of 20[·__], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•__]-[__] Noteholder: (i) information with respect to the credit performance of the Series [•__]-[__] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•__]-[__] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•__]-[__] Notes in relation to the Series [•__]-[__] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•__]-[__] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•__]-[__] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•__]-[__] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), (b) or (c) above may be obtained by any Series [•__]-[__] Noteholder or any Note Owner thereof by a request in writing to the Servicer. (f) On or before January 31 of each calendar year, beginning with calendar year 20[·__], the Paying Agent, on behalf of the Indenture Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series [•__]-[__] Noteholder, a statement substantially in the form of Exhibit B-2 to this Indenture Supplement prepared by the Servicer for such calendar year or the applicable portion thereof during which such Person was a Series [•__]-[__] Noteholder, together with other information as is required to be provided by an issuer of indebtedness under the Code. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Series. [•] 2000-1 Noteholders. (a) On or prior to each Payment Date (including each date that corresponds to the Expected Principal Payment Date or Special Payment Date), commencing with the initial Payment Date, the Servicer will provide to the Indenture Trustee, and on each Payment Date, the Paying Agent, on behalf of the Indenture Trustee, Trustee shall forward to each Series [•] 2000-1 Noteholder (provided the Indenture Trustee has received such report from the Servicer), a statement prepared by the Servicer, substantially in the form of attached as Exhibit B-1 (or otherwise containing substantially comparable information) prepared by C hereto, setting forth the Servicer and delivered following information relating to the Paying AgentTrust and the Series 2000-1 Notes: (i) the aggregate amount of Collections, the aggregate amount of Non-Principal Collections and the aggregate amount of Principal Collections processed during the immediately preceding Collection Period and the Pool Balance, the Required Pool Balance and the Excess Funding Account Balance as of the close of business on the last day of the preceding Collection Period; (ii) the Series Allocation Percentage, the Floating Allocation Percentage and the Principal Allocation Percentage for the preceding Collection Period; (iii) the total amount, if any, distributed on the Class A Notes and the Class B Notes; (iv) the amount of such distribution allocable to principal on each class of Series 2000-1 Notes; (v) the amount of such distribution allocable to interest on each class of Series 2000-1 Notes; (vi) the Noteholder Defaulted Amount for such Payment Date; (vii) the Required Draw Amount, if any, for such Collection Period; (viii) the amount of Noteholder Charge-Offs and the amounts of the reversals thereof for such Collection Period; (ix) the amount of the Monthly Servicing Fee and the Noteholder Monthly Servicing Fee for such Collection Period; (x) the Class A Controlled Deposit Amount and Class B Controlled Deposit Amount, if any, as of the first day of the Collection Period related to such Payment Date; (xi) the Invested Amount as of the last day of such Collection Period and the outstanding principal balance of each Class of Series 2000-1 Notes for such Payment Date (after giving effect to all distributions which will occur on such Payment Date); (xii) the Available Subordinated Amount as of the last day of the Collection Period; (xiii) the Reserve Fund balance for such date; and (xiv) the balance of the Principal Funding Account with respect to such date. (b) On or prior A copy of each statement provided pursuant to paragraph (a) will be made available for inspection at the second Business Day preceding each Payment Date, the Servicer shall deliver to Corporate Trust Office of the Indenture Trustee, the Paying Agent, the Transferor, each Note Rating Agency and the Owner Trustee (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) prepared by the Servicer and (ii) a certificate of a Servicing Officer substantially in the form of Exhibit C (or otherwise containing substantially comparable information)Trustees. (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•] quarter of 20[·], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder: (i) information with respect to the credit performance of the Series [•] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•] Notes in relation to the Series [•] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), (b) or (c) above may be obtained by any Series [•] Noteholder or any Note Owner thereof by a request in writing to the Servicer. (f) On or before January 31 April 30 of each calendar year, beginning with calendar year 20[·]2001, the Paying Agent, on behalf of the Indenture Trustee, Trustee shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series [•] Noteholder2000-1 Noteholder (or Note Owner), a statement substantially in the form of Exhibit B-2 to this Indenture Supplement report prepared by the Servicer containing the information which is required to be contained in the statement to Series 2000-1 Noteholders as set forth in paragraph (a) above, aggregated for such calendar year or the applicable portion thereof during which such Person (or any related Note Owner) was a Series [•] Noteholder, together with other 2000-1 Noteholder (or Note Owner). The Servicer shall prepare and the Indenture Trustee shall furnish to each person who was a Series 2000-1 Noteholder (or Note Owner) during the preceding calendar year in the time and manner required by the Code such information as is required to be provided by an issuer of indebtedness under the Code, including Forms 1099 and such other customary information as is necessary to enable the Series 2000-1 Noteholders (or Note Owners) to prepare their tax returns. Such obligation of the Servicer Indenture Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent Indenture Trustee pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Series. [•] Noteholders.2000-1 Noteholders . --------------------------------------------------- (a) On each Payment Distribution Date, the Paying Agent, on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder shall, provided the Servicer has delivered a statement substantially in the form of Exhibit B-1 (or otherwise containing C, forward to each Series 2000-1 Noteholder --------- such statement substantially comparable information) in the form of Exhibit C prepared by the Servicer and delivered to the Paying Agent.Servicer. --------- (b) On or prior to Not later than the second Business Day preceding each Payment Distribution Date, the Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Paying Agent, the Transferor, Agent and each Note Rating Agency and the Owner Trustee (i) a statement substantially in the form of Exhibit B-3 (or otherwise containing substantially comparable information) C prepared by the Servicer and (ii) a --------- certificate of a Servicing an Authorized Officer substantially in the form of Exhibit D; --------- provided that the Servicer may amend the form of Exhibit C (or otherwise containing substantially comparable information)and Exhibit D, from --------- --------- time to time. (c) On or before the date that is forty-five (45) days after each calendar quarter, beginning with the [•] quarter of 20[·], the Servicer shall provide to the Paying Agent, and the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder: (i) information with respect to the credit performance of the Series [•] Notes and the Receivables, including periodic and cumulative Receivables performance data, delinquency and modification data for the Receivables, substitutions and removals of the Receivables, servicer advances, if applicable, as well as losses that were allocated to the Series [•] Notes, if applicable, the remaining balance of the Receivables, and the percentage of each Class of Series [•] Notes in relation to the Series [•] Notes as a whole; and (ii) a statement regarding any changes to the information that was disclosed in connection with the issuance of the Series [•] Notes regarding the nature and amount of compensation paid to BBD, each Note Rating Agency (if applicable), any third-party advisor, any mortgage or other broker, and the Servicer, the extent to which any risk of loss on the Receivables is retained by any of them, and the amount and nature of any deferred compensation or similar arrangements. (d) At the time of delivery of any periodic distribution report and in any event at least once per calendar quarter, while the Series [•] Notes are outstanding, the Paying Agent on behalf of the Indenture Trustee, shall forward to each Series [•] Noteholder copies of the Credit Risk and Performance Disclosure. (e) A copy of each statement or certificate provided pursuant to Section 7.04(a), paragraph (a) or (b) or (c) above may be obtained by any Series [•] 2000-1 Noteholder or any Note Owner thereof by a request in writing to the Servicer. (fd) On or before January 31 of each calendar year, beginning with calendar year 20[·]2001, the Paying Agent, on behalf of the Indenture Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series [•] 2000-1 Noteholder, a statement substantially in the form of Exhibit B-2 to this Indenture Supplement prepared by the Servicer containing the information which is required to be contained in the statement to Series 2000-1 Noteholders, as set forth in paragraph (a) above, aggregated for such calendar year or the applicable portion thereof during which such Person was a Series [•] Noteholder, together with other information as is required to be provided by an issuer of indebtedness under the Code. Such obligation of the Servicer Paying Agent shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect. (e) On or before March 31 of each calendar year, beginning with March 31, 2001, the Paying Agent, on behalf of the Indenture Trustee, shall forward to each Series 2000-1 Noteholder copies of each certificate and report furnished to the Indenture Trustee pursuant to Section 3.05 or 3.06 of the Transfer and Servicing Agreement. [END OF ARTICLE V]