Common use of Annual Report of Assessment of Compliance with Servicing Criteria Clause in Contracts

Annual Report of Assessment of Compliance with Servicing Criteria. (a) The Servicer shall cause a firm of independent certified public accountants, who may also render other services to the Servicer or its Affiliates, to deliver to COLT, the Trust, the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year, beginning March 15, 20 , a report (the “Report of Assessment of Compliance with Servicing Criteria”) delivered to the Board of Directors of the Servicer and to the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee that satisfies the requirements of Rule 13a-18 or Rule 15d-18 under the Exchange Act and Item 1122 of Regulation AB, as applicable, on the assessment of compliance with Servicing Criteria with respect to the prior calendar year. (b) A copy of the Report of Assessment of Compliance with Servicing Criteria received pursuant to Section 2.17(a) shall be delivered by the Servicer to the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year beginning March 15, 20 . (c) A copy the Report of Assessment of Compliance with Servicing Criteria may be obtained by any CARAT 20 -SN Noteholder or CARAT 20 -SN Certificateholder by a request in writing to COLT or the Trust addressed to the Corporate Trust Office of the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee or the CARAT Owner Trustee.

Appears in 2 contracts

Samples: Servicing Agreement (Central Originating Lease Trust), Servicing Agreement (Central Originating Lease Trust)

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Annual Report of Assessment of Compliance with Servicing Criteria. (a) The Servicer shall cause a firm of independent certified public accountants, who may also render other services to the Servicer Trust Administrator or its Affiliates, to deliver to COLT, the TrustIssuing Entity, the CARAT Indenture Trustee, the CARAT Owner Trustee, the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT COLT Owner Trustee on or before March 15 of each year, beginning March 15, 20 , a report (the “Report of Assessment of Compliance with Servicing Criteria”) delivered to the Board of Directors of the Servicer and to the COLT CARAT Indenture Trustee, the COLT CARAT Owner Trustee, the CARAT COLT Indenture Trustee and the CARAT COLT Owner Trustee that satisfies the requirements of Rule 13a-18 13A-18 or Rule 15d-18 under the Exchange Act and Item 1122 of Regulation AB, as applicable, on the assessment of compliance with Servicing Criteria with respect to the prior calendar year. (b) A copy of the Report of Assessment of Compliance with Servicing Criteria received pursuant to Section 2.17(a4.02(a) shall be delivered by the Servicer Trust Administrator to the COLT Indenture Trustee, the COLT Owner TrusteeRating Agencies (if any Rated Notes are outstanding), the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year year, beginning March 15, 20 . (c) A copy of the Report of Assessment of Compliance with Servicing Criteria may be obtained by any CARAT 20 -SN Noteholder or CARAT 20 -SN Certificateholder by a request in writing to COLT or the Trust addressed Criteria, to the Corporate Trust Office of the COLT Indenture Trustee, the COLT Owner Trustee, extent delivered to the CARAT Indenture Trustee or the CARAT Owner Trustee, may be obtained by any CARAT 20__-SN_ Noteholder or CARAT 20__-SN_ Certificateholder by a request in writing to the CARAT Indenture Trustee or the CARAT Owner Trustee, respectively, addressed to the applicable Corporate Trust Office.

Appears in 2 contracts

Samples: Trust Sale and Administration Agreement (Central Originating Lease Trust), Trust Sale and Administration Agreement (Central Originating Lease Trust)

Annual Report of Assessment of Compliance with Servicing Criteria. (a) The Servicer shall cause a firm of independent certified public accountants, who may also render other services to the Servicer or its Affiliates, to deliver to COLT, the Trust, the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year, beginning March 15, 20 2008, a report (the "Report of Assessment of Compliance with Servicing Criteria") delivered to the Board of Directors of the Servicer and to the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee that satisfies the requirements of Rule 13a-18 or Rule 15d-18 under the Exchange Act and Item 1122 of Regulation AB, as applicable, on the related assessment of compliance with Servicing Criteria with delivered pursuant to Section 2.16(b) above. With respect to the prior calendar year, the certificates and reports referred to in Section 2.16(a), Section 2.16(b) and this Section 2.17(a) shall be delivered within 120 days after the end of each calendar year if COLT is not required to file periodic reports under the Exchange Act or any other law, beginning April 30, 2009. (b) A copy of the Report of Assessment of Compliance with Servicing Criteria received pursuant to Section 2.17(a) shall be delivered by the Servicer to the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year year, beginning March 15, 20 2008. (c) A copy of the Report of Assessment of Compliance with Servicing Criteria may be obtained by any CARAT 20 -SN 2007-SN1 Noteholder or CARAT 20 -SN 2007-SN1 Certificateholder by a request in writing to COLT or addressed to the Corporate Trust Office of the COLT Owner Trustee with a copy addressed to the Corporate Trust Office of the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee or the CARAT Owner Trustee.

Appears in 1 contract

Samples: Servicing Agreement (Capital Auto Receivables Asset Trust 2007-Sn1)

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Annual Report of Assessment of Compliance with Servicing Criteria. (a) The Servicer shall cause a firm of independent certified public accountants, who may also render other services to the Servicer or its Affiliates, to deliver to COLT, the Trust, the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year, beginning March 15, 20 200_, a report (the "Report of Assessment of Compliance with Servicing Criteria") delivered to the Board of Directors of the Servicer and to the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee that satisfies the requirements of Rule 13a-18 or Rule 15d-18 under the Exchange Act and Item 1122 of Regulation AB, as applicable, on the assessment of compliance with Servicing Criteria with respect to the prior calendar year. (b) A copy of the Report of Assessment of Compliance with Servicing Criteria received pursuant to Section 2.17(a) shall be delivered by the Servicer to the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee and the CARAT Owner Trustee on or before March 15 of each year beginning March 15, 20 200_. (c) A copy the Report of Assessment of Compliance with Servicing Criteria may be obtained by any CARAT 20 -SN 200_-_ Noteholder or CARAT 20 -SN 200_-_ Certificateholder by a request in writing to COLT or the Trust addressed to the Corporate Trust Office of the COLT Indenture Trustee, the COLT Owner Trustee, the CARAT Indenture Trustee or the CARAT Owner Trustee.

Appears in 1 contract

Samples: Servicing Agreement (Central Originating Lease Trust)

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