Common use of Annual Independent Public Accountant’s Servicing Reports Clause in Contracts

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, the Collateral Custodian and the Backup Servicer, within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Agent) to certain documents and records relating to the Collateral under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 8 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, the Collateral Custodian and the Backup Servicer, within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072008: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Agent) to certain documents and records relating to the Collateral under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, each Purchaser Agent, the Collateral Custodian and the Backup Servicer, within 90 ninety (90) days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072006: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Agent and each Purchaser Agent) to certain documents and records relating to the Collateral under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent and each Liquidity Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072003: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent and each Liquidity Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with which such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 4 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, each Purchaser Agent, the Collateral Custodian and the Backup Servicer, within 90 ninety (90) days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072004: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Agent and each Purchaser Agent) to certain documents and records relating to the Collateral under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, the Collateral Custodian Deal Agent and the Backup ServicerLenders, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072019: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative AgentDeal Agent and the Lenders) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative AgentBorrower, the Collateral Custodian Deal Agent and each Lender Agent (with a copy to the Backup Servicer), within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: 2005, (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the CollateralTransferred Loans, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by not be amended from those procedures in effect as of the Administrative Closing Date without the prior approval of the Borrower and the Deal Agent) to certain documents and records relating to the Collateral servicing of Transferred Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 3 contracts

Samples: Loan Funding and Servicing Agreement (American Capital, LTD), Loan Funding and Servicing Agreement (American Capital Strategies LTD), Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, each Purchaser Agent, the Collateral Custodian and the Backup Servicer, within 90 ninety (90) days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Agent and each Purchaser Agent) to certain documents and records relating to the Collateral under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072016: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The At its own expense, the Servicer will cause a firm of nationally recognized independent Independent public accountants acceptable to the Agent in its reasonable discretion (who may also render other services to the Servicer) to furnish to the Administrative AgentBorrower, the Collateral Custodian Agent and each Lender (with a copy to the Backup Servicer and the Backup ServicerTrustee), within 90 120 days following the end December 31 of each fiscal year of the Serviceryear, commencing with the fiscal year ending on December 31, 2007: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the CollateralLoans, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by not be amended from those procedures in effect as of the Administrative Closing Date without the prior approval of the Borrower and Agent) to certain documents and records relating to the Collateral servicing of Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVII of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 2 contracts

Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP), Loan Funding and Servicing Agreement (Kohlberg Capital CORP)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, the Collateral Custodian Deal Agent and the Backup ServicerLenders, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072017: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative AgentDeal Agent and the Lenders) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, each Purchaser Agent, the Collateral Custodian and the Backup Servicer, within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072006: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Agent and each Purchaser Agent) to certain documents and records relating to the Collateral under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent and each Liquidity Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072003: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s 's report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with which such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corporation)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072011: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with which such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072002: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s 's report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with which such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corporation)

Annual Independent Public Accountant’s Servicing Reports. The Servicer Credit Acceptance will cause a firm of nationally recognized independent public accountants (who may also render other services to the ServicerCredit Acceptance) to furnish to the Administrative Deal Agent, the Collateral Custodian each Liquidity Agent and the Backup ServicerRFC, within 90 120 days following the end of each fiscal year of the ServicerCredit Acceptance, commencing with the fiscal year ending on December 31, 20072008: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent and each Liquidity Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with which such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statementimmaterial.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corporation)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, the Collateral Custodian Deal Agent and the Backup ServicerLenders, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072017: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures agreed‑upon procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative AgentDeal Agent and the Lenders) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The At its own expense, the Servicer will cause a firm of nationally recognized independent public accountants acceptable to the Agent in its reasonable discretion (who may also render other services to the Servicer) to furnish to the Administrative Borrower and the Agent, no later than the Collateral Custodian and the Backup Servicer, within 90 days following the end of each fiscal year of the ServicerAnnual Reporting Date, commencing with the fiscal year ending on December 31Annual Reporting Date occurring in 2006, 2007: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the CollateralLoans, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by not be amended from those procedures in effect as of the Administrative Closing Date without the prior approval of the Borrower and Agent) to certain documents and records relating to the Collateral servicing of Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.)

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Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, Borrower and the Collateral Custodian and Deal Agent (with a copy to the Backup Servicer), within 90 ninety (90) days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: 2003, (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the CollateralLoans, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Borrower and Deal Agent) to certain documents and records relating to the Collateral servicing of Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent, the Collateral Custodian and the Backup Servicer, within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: 1999, (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s 's report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral servicing of Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s 's Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Healthcare Financial Partners Inc)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: 2016: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer Borrower will cause a firm of nationally recognized independent public accountants (who may also render other services to the ServicerBorrower) to furnish to the Administrative Agent, the Collateral Custodian and the Backup Servicer, within 90 days following the end Agent on or before October 31st of each fiscal year of the Serviceryear, commencing with the fiscal year ending on December October 31, 2007: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral2017, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (a copy of which procedures shall have been approved by are attached hereto as Schedule III, it being understood that the Borrower and the Administrative AgentAgent will provide an updated Schedule III reflecting any further amendments to such Schedule III prior to the issuance of the first such agreed-upon procedures report, a copy of which shall replace the then existing Schedule III) to certain documents and records relating to the Collateral Portfolio under any Transaction Document, compared the information contained in the Monthly Servicing Reports and the ServicerBorrower’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (FS Investment CORP)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, each Lender Agent and the Collateral Custodian and the Backup Servicer, Agent within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: (i) a report relating to such fiscal year to the effect that (a) such firm has reviewed certain documents and records relating to the servicing of the Collateral, and (b) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) Servicer a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (a copy of which procedures shall have been approved by are attached hereto as Schedule IV, it being understood that the Servicer and the Administrative AgentAgent will provide an updated Schedule IV reflecting any further amendments to such Schedule IV prior to the issuance of the first such agreed-upon procedures report, a copy of which shall replace the then existing Schedule IV) to certain documents and records relating to the Collateral Portfolio under any Transaction Document, compared the information contained in the Monthly Servicing Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Golub Capital BDC, Inc.)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent and each Liquidity Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072003: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s 's report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent and each Liquidity Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with which such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corporation)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, the Collateral Custodian Deal Agent and the Backup ServicerLenders, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072019: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures agreed‑upon procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative AgentDeal Agent and the Lenders) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Agent, Borrower and the Collateral Custodian and Deal Agent (with a copy to the Backup Servicer), within 90 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: 1999, (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the CollateralLoans, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s 's report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Borrower and Deal Agent) to certain documents and records relating to the Collateral servicing of Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s 's Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent and each Managing Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072017: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VI, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The Servicer will cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer) to furnish to the Administrative Deal Agent, the Collateral Custodian and the Backup Servicer, within 90 120 days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 20072016: (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the Loans and Contracts included in the Collateral, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures agreed‑upon procedures, as set forth in Section 6.1(c) (which procedures shall have been approved by the Administrative Deal Agent) to certain documents and records relating to the Collateral Loans under any Transaction Document, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with Article VI of this Article VIAgreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Annual Independent Public Accountant’s Servicing Reports. The At its own expense, the Servicer will cause a firm of nationally recognized independent public accountants acceptable to the Agent in its reasonable discretion (who may also render other services to the Servicer) to furnish to the Administrative Borrower and the Agent, the Collateral Custodian and the Backup Servicer, within 90 ninety (90) days following the end of each fiscal year of the Servicer, commencing with the fiscal year ending on December 31, 2007: 2004, (i) a report relating to such fiscal year to the effect that (aA) such firm has reviewed certain documents and records relating to the servicing of the CollateralLoans, and (bB) based on such examination, such firm is of the opinion that the Monthly Reports for such year were prepared in compliance with this Agreement, except for such exceptions as it believes to be immaterial and such other exceptions as will be set forth in such firm’s report and (ii) a report covering such fiscal year to the effect that such accountants have applied certain agreed-upon procedures (which procedures shall have been approved by the Administrative Borrower and Agent) to certain documents and records relating to the Collateral servicing of Loans under any Transaction Documentthis Agreement, compared the information contained in the Monthly Reports and the Servicer’s Certificates delivered during the period covered by such report with such documents and records and that no matters came to the attention of such accountants that caused them to believe that such servicing was not conducted in compliance with this Article VIVI of this Agreement, except for such exceptions as such accountants shall believe to be immaterial and such other exception exceptions as shall be set forth in such statement.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

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