Common use of Reports to the Issuer and Trustee Clause in Contracts

Reports to the Issuer and Trustee. Not later than the day of each calendar month specified in Subsections (a) or (b) below (or the previous Business Day if such specified day is not a Business Day), the Master Servicer shall forward to the Issuer and the Trustee the following statements and reports, each certified as true and correct by a Servicing Officer: (a) On or by the 16th day of each month, the Master Servicer shall notify the Trustee of the amount of funds to be remitted by the Master Servicer to the Trustee on the Master Servicer Remittance Date. (b) On or by the 20th day of each month, the reports described in paragraphs A, B, C, D and E on Exhibit B, together with an Officer's Certificate --------- certifying that all such information is correct, and that the Master Servicer has complied with all aspects of the Master Servicing Agreement. The reports constituting the Monthly Remittance Report shall be current as of the first day of such month. The Master Servicer shall use its best efforts promptly to provide such reports to the Rating Agencies rating the Securities.

Reports to the Issuer and Trustee. Not later than the day of each calendar month specified in Subsections (a) or (b) below (or the previous Business Day if such specified day is not a Business Day), the Master Servicer shall forward to the Issuer and the Trustee the following statements and reports, each certified as true and correct by a Servicing Officer: (a) On or by the 16th [16]th day of each month, the Master Servicer shall notify the Trustee of the amount of funds to be remitted by the Master Servicer to the Trustee on the Master Servicer Remittance Date. (b) On or by the 20th [20]th day of each month, the reports described in paragraphs A, B, C, D and E on Exhibit B, together with an Officer's Certificate --------- certifying that all such information is correct, and that the Master Servicer has complied with all aspects of the Master Servicing Agreement. The reports constituting the Monthly Remittance Report shall be current as of the first day of such month. The Master Servicer shall use its best efforts promptly to provide such reports to the Rating Agencies rating the Securities.