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

Annual Independent Certified Public Accountants' Reports. On or before July 31 of each year, commencing in 2000, the Servicer, at its own expense (or if the Trustee is then acting as Servicer, at the expense of the Seller, which in no event shall exceed $1,000 per annum), shall cause to be delivered to the Trustee, the Certificate Insurer, the Depositor, and the Rating Agencies a letter or letters of a firm of independent, nationally recognized certified public accountants reasonably acceptable to the Certificate Insurer stating that such firm has examined the Servicer's overall servicing operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Chec Asset Receivables Corp), Pooling and Servicing Agreement (Centex Home Equity Ln Asset Bk Cert Ser 1999-3), Pooling and Servicing Agreement (Centex Home Equity Loan Trust 1999-2)

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Annual Independent Certified Public Accountants' Reports. On or before July 31 of each year, commencing in 20001999, the Servicer, at its own expense (or if the Trustee is then acting as Servicer, at the expense of the Seller, which in no event shall exceed $1,000 per annum), shall cause to be delivered to the Trustee, the Certificate Insurer, the Depositor, and the Rating Agencies a letter or letters of a firm of independent, nationally recognized certified public accountants reasonably acceptable to the Certificate Insurer stating that such firm has examined the Servicer's overall servicing operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Chec Asset Receivables Corp), Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp), Pooling and Servicing Agreement (DLJ Commercial Mort Corp Comm Mort Pass THR Cer Ser 1998-Cg1)

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Annual Independent Certified Public Accountants' Reports. On or before July 31 of each year, commencing in 20001999, the Servicer, at its own expense (or if the Trustee is then acting as Servicer, at the expense of the Seller, which in no event shall exceed $1,000 ______ per annum), shall cause to be delivered to the Trustee, the Certificate Insurer, the Depositor, and the Rating Agencies a letter or letters of a firm of independent, nationally recognized certified public accountants reasonably acceptable to the Certificate Insurer stating 109 that such firm has examined the Servicer's overall servicing operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Chec Asset Receivables Corp), Pooling and Servicing Agreement (Chec Asset Receivables Corp)

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