Common use of Annual Independent Certified Public Accountants' Reports Clause in Contracts

Annual Independent Certified Public Accountants' Reports. For each year in which the Trust is subject to the reporting obligations of the Securities Exchange Act of 1934, the Master Servicer shall provide, and shall cause all Subservicers to provide, on or before March 30 of each year, a report and attestation in compliance with Item 1122(b) of Regulation AB, addressed to the Trust, relating to the servicing of the Education Loans during the preceding calendar year (or, in the case of the first such report, during the period from the date of Issuance to December 31, 2008). Each such report will also indicate that the firm is independent of the Master Servicer or Subservicer within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants.

Annual Independent Certified Public Accountants' Reports. For each year in which the Trust is subject to the reporting obligations of the Securities Exchange Act of 1934, the Master Servicer shall provide, and shall cause all Subservicers to provide, on or before March 30 of each year, a report and attestation in compliance with Item 1122(b) of Regulation AB, addressed to the Trust, relating to the servicing of the Education Loans during the preceding calendar year (or, in the case of the first such report, during the period from the date of Issuance to December 31, 20082007). Each such report will also indicate that the firm is independent of the Master Servicer or Subservicer within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants.