Administration and Servicing of Loans and Contracts. 43 Section 4.01. Appointment; Duties of Servicer................................................. 43 Section 4.02. Collection and Application of Payments on the Loans and Contracts; Extensions and Amendments..................................... 45 Section 4.03. Realization Upon Contracts......................................................... 46 Section 4.04. [Reserved].................................................................................... 46 Section 4.05. Maintenance of Security Interests in Financed Vehicles............. 46 Section 4.06. Covenants of Servicer.................................................................. 47 Section 4.07. Payments of Security Interests in Financed Vehicles.................. 51 Section 4.08. Servicer Fee................................................................................. 52 Section 4.09. Servicer’s Certificate................................................................... 52 Section 4.10. Annual Statement as to Compliance; Notice of Default.............. 54 Section 4.11. Annual Independent Certified Public Accountants’ Report........ 55 Section 4.12. Access to Certain Documentation and Information Regarding Loans and Contracts.................................................................... 56 Section 4.13. Servicer Expenses........................................................................ 57 Section 4.14. Servicer Note to Resign as Servicer............................................ 57 Section 4.15. The Backup Servicer.................................................................... 57 Section 4.16. [Reserved].................................................................................... 58 Section 4.17. Obligations in Respect of the Servicer........................................ 58 Section 4.18. Dealer Collections Purchase........................................................ 58 TABLE OF CONTENTS (continued) Page ARTICLE V. TRUST ACCOUNTS; DISTRIBUTIONS; STATEMENTS TO CERTIFICATEHOLDERS AND NOTEHOLDERS........................... 59 Section 5.01. Establishment of Accounts of the Trust....................................... 59 Section 5.02. Collections; Allocation................................................................ 62 Section 5.03. Certain Reimbursements to the Servicer..................................... 63 Section 5.04. Additional Deposits..................................................................... 63 Section 5.05. Reserve Account.................
Administration and Servicing of Loans and Contracts
