Common use of REPORTS TO THE TRUSTEE; PRINCIPAL AND INTEREST ACCOUNT STATEMENTS Clause in Contracts

REPORTS TO THE TRUSTEE; PRINCIPAL AND INTEREST ACCOUNT STATEMENTS. Solely with respect to a Principal and Interest Account maintained pursuant to SECTION 5.03(A)(X), if the Principal and Interest Account is not maintained with the Trustee, then not later than 25 days after each Distribution Date, the Servicer shall forward to the Certificate Insurer and the Trustee a statement, certified by a Servicing Officer, setting forth the status of the Principal and Interest Account as of the end of the preceding Due Period and showing, for the period covered by such statement, the aggregate of deposits into the Principal and Interest Account for each category of deposit specified in SECTION 5.03, the aggregate of withdrawals from the Principal and Interest Account for each category of withdrawal specified in SECTION 5.04, the aggregate amount of permitted withdrawals not made in the related period, and the amount of Advances, if any, for the related period.