Statement to Certificateholders Clause Samples
Statement to Certificateholders. To the extent the Certificate Paying Agent has assumed the role of Relevant Trustee pursuant to the terms of Section 3.10;
(a) The Certificate Paying Agent may make all reports or notices required to be provided by the Relevant Trustee under Section 4.6 of the Sale and Servicing Agreement available via its internet website; provided, however, that the Certificate Paying Agent shall, if requested by the Administrator, deliver any such reports or notices in writing or via email to the Administrator. Any information that is disseminated in accordance with the provisions of this Section 3.11 shall not be required to be disseminated in any other form or manner. The Certificate Paying Agent will make no representations or warranties as to the accuracy or completeness of such documents and will assume no responsibility therefor.
(b) The Certificate Paying Agent’s internet website shall be initially located at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇ or at such other address as shall be specified by the Certificate Paying Agent from time to time in writing to the Certificateholders, the Servicer, the Issuer or any Paying Agent. In connection with providing access to the Certificate Paying Agent’s internet website, the Certificate Paying Agent may require registration and the acceptance of a disclaimer. The Certificate Paying Agent shall not be liable for the dissemination of information in accordance with this Agreement. The Certificate Paying Agent shall notify Certificateholders in writing of any changes in the address or means of access to the eRoom where the reports are accessible.
(c) Upon receipt by the Certificate Paying Agent from the Seller of any reports or general loan data, the Certificate Paying Agent will make such reports or data available to the Certificateholders via its internet website as specified pursuant to clause (b) above; provided, that the Certificate Paying Agent shall not be required to forward any such reports to any Certificateholder who is the Seller or an Affiliate of the Seller. The Certificate Paying Agent shall have no duty or obligations to review, verify or confirm the reports or any information contained therein, and shall have no liability in connection therewith.
Statement to Certificateholders. (a) Concurrently with each distribution to Certificateholders pursuant to Section 4.2, the Trustee shall forward by overnight mail or other method agreed to between the Trustee and such Cer tificateholder, to each Certificateholder, Certificate Insurer, S&P and ▇▇▇▇▇'▇ a statement (each, a "Distribution Date Statement") comprised of information provided by the Administrator pursuant to the Loan Summary and Remittance Report and related Officer's Certificate delivered pursuant to Section 6.2(a) hereof (except with respect to item (v), which shall be supplied by the Trustee) setting forth:
(i) The amount of the distribution to the Certificateholders of each Class on such Distribution Date allocable to principal;
(ii) The amount of the distribution to the Certificateholders of each Class on such Distribution Date allocable to interest;
(iii) The amount of any Insured Payment Amounts made by the Certificate Insurer on such Distribution Date and the amount of Cumulative Certificate Insurance Payments;
(iv) The Asset Principal Balance of the Asset Certificates and the aggregate number of the Certificated Mortgage Loans as of the Cut-Off Date and as of the related Remittance Date;
(v) The aggregate outstanding principal balance of the PWRES Mortgage Loans and the aggregate number of the PWRES Mortgage Loans as of the Cut-Off Date and as of the related Remittance Date;
(vi) The amount, if any, by which the aggregate amount remitted from the Certificate Account on such Distribution Date exceeds the aggregate distributions referred to in clauses (i) and (ii) above;
(vii) The Class Certificate Principal Balance of each Class of Certificates and the Certificate Principal Balance of a Single Certificate after giving effect to all distributions allocable to principal and the allocation of any Loan Losses for such Distribution Date;
(viii) The Certificate Interest Rates for the related Interest Accrual Period applicable to each Class of Certificates on such Distribution Date;
(ix) The aggregate principal balances and number of PWRES Mortgage Loans and the aggregate principal balances and number of Certificated Mortgage Loans which, as of the related Remittance Date, (a) were delinquent as to a total of (x) 30-59 days, (y) 60-89 days and (z) 90 days or more, (b) were in foreclosure and (c) constituted real estate owned;
(x) The amount of coverage under the GEMICO Policy and the 1992GA Special Hazard Policy maintained under the 1992GA Asset Issuance Agreements as of the Cu...