Common use of Annual Reporting; Evidence as to Compliance Clause in Contracts

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 2001, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Cit Equipment Collateral 2000-2), Pooling and Servicing Agreement (Cit Equipment Collateral 2000-1)

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Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees Trustees, the Depositor and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012007, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's ’s Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-wholly owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's ’s assertion that the Servicer maintained effective control over the servicing of such assets, its assets based on the servicing activities that the Servicer performs in accordance with established or stated criteriathis Agreement, and providing a an attestation report thereonon assessments of compliance with the servicing criteria with respect to the Servicer during the related fiscal year in compliance with United States of America securities laws, including Rule 13(a)-18 or Rule 15(d)-18 of the Exchange Act and Item 1122 of Regulation AB, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's ’s Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, by a request in writing to the Owner Trustee addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Cit Funding Co, LLC), Pooling and Servicing Agreement (CIT Equipment Collateral 2006-Vt1)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012005, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing provided a report thereon, as well as confirming confirmed that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (NCT Funding Co LLC), Pooling and Servicing Agreement (Cit Equipment Collateral 2004-Vt1)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012006, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing provided a report thereon, as well as confirming confirmed that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Cit Funding Co, LLC), Pooling and Servicing Agreement (CIT Equipment Collateral 2005-Vt1)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012004, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder and the Class A-3 Swap Counterparty by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Cit Equipment Collateral 2003-Ef1), Pooling and Servicing Agreement (NCT Funding Co LLC)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012006, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-wholly owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such its assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, by a request in writing to the Owner Trustee addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CIT Equipment Collateral 2005-Ef1), Pooling and Servicing Agreement (Cit Funding Co, LLC)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 2001[ ], with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) with respect to the immediately prior year's public securitization transactions involving similar contracts and assets, examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity a Certificateholder, addressed to its respective Corporate Trust Office.

Appears in 2 contracts

Samples: Transfer Agreement (Asset Backed Securities Corp), Transfer Agreement (Ace Securities Corp)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012000, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) with respect to the immediately prior year's public securitization transactions involving similar contracts and assets, examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity a Certificateholder, addressed to its respective Corporate Trust Office.

Appears in 2 contracts

Samples: Transfer Agreement (NCT Funding Co LLC), Transfer Agreement (NCT Funding Co LLC)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 2001[ ], with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, : (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) with respect to the immediately prior year's public securitization transactions involving similar contracts and assets, examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity a Certificateholder, addressed to its respective Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Gs Mortgage Securities Corp), Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012005, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (NCT Funding Co LLC), Pooling and Servicing Agreement (CIT Equipment Collateral 2004-Ef1)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees Trustees, the Depositor and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012009, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's ’s Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-wholly owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's ’s assertion that the Servicer maintained effective control over the servicing of such assets, its assets based on the servicing activities that the Servicer performs in accordance with established or stated criteriathis Agreement, and providing a an attestation report thereonon assessments of compliance with the servicing criteria with respect to the Servicer during the related fiscal year in compliance with United States of America securities laws, including Rule 13(a)-18 or Rule 15(d)-18 of the Exchange Act and Item 1122 of Regulation AB, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's ’s Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, by a request in writing to the Owner Trustee addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CIT Equipment Collateral 2008-Vt1)

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Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 2001[__________], with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's ’s Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's ’s assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's ’s Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Funding Co, LLC)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agency, on or before March 31 December 29 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31September 30) of each year, beginning on March 31September 30, 20012002, with respect to the twelve months ended the immediately preceding December 31 September 30 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Ec Ef 2001-A)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees Trustees, the Depositor and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012007, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's ’s Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-wholly owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's ’s assertion that the Servicer maintained effective control over the servicing of such assets, its assets based on the servicing activities that the Servicer performs in accordance with established or stated criteriathis Agreement, and providing a an attestation report thereonon assessments of compliance with the servicing criteria with respect to the Servicer during the related fiscal year in compliance with United States of America securities laws, including Rule 13(a)-18 or Rule 15(d)-18 of the Exchange Act and Item 1122 of Regulation AB, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's ’s Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, by a request in writing to the Owner Trustee addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Equipment Collateral 2006-Vt2)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 20012002, with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's Report") to the effect that such Independent Accountants have, at the request of the Servicers, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's assertion that the Servicer maintained effective control over the servicing of such assets, in accordance with established or stated criteria, and providing a report thereon, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Equipment Collateral 2001-1)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees Trustees, the Depositor and each Rating agencyAgency, on or before March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 200120[ ], with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's ’s Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-wholly owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's ’s assertion that the Servicer maintained effective control over the servicing of such assets, its assets based on the servicing activities that the Servicer performs in accordance with established or stated criteriathis Agreement, and providing a an attestation report thereonon assessments of compliance with the servicing criteria with respect to the Servicer during the related fiscal year in compliance with United States of America securities laws, including Rule 13(a)-18 or Rule 15(d)-18 of the Exchange Act and Item 1122 of Regulation AB, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's ’s Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, by a request in writing to the Owner Trustee addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ace Securities Corp)

Annual Reporting; Evidence as to Compliance. The Servicer shall cause a firm of nationally recognized independent accountants (the "Independent Accountants"), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustees and each Rating agencyAgency, on or before [March 31 (or ninety (90) days after the end of the Servicer's fiscal year, if other than December 31) ] of each year, beginning on March 31, 2001[ ], with respect to the twelve months ended the immediately preceding December 31 or other applicable date), a report addressed to the Board of Directors of the Servicer and to the Trustees (the "Accountant's ’s Report") to the effect that such Independent Accountants have, at the request of the ServicersServicer, (i) audited the financial statements of the Servicer (or, if the Servicer is a wholly-wholly owned subsidiary of another entity, the financial statements of such parent entity) and issued an opinion thereon and that such audit was made in accordance with generally accepted auditing standards as in effect in the jurisdiction of the entity being audited, which require that such Independent Accountants plan and perform the audit to obtain reasonable assurance as to whether the financial statements of the Servicer (or its parent, as applicable) are free of material misstatement, and (ii) examined management's ’s assertion that the Servicer maintained effective control over the servicing of such its assets, in accordance with established or stated criteria, and providing a an attestation report thereonon assessments of compliance with the servicing criteria with respect to the Servicer during the related fiscal year in compliance with United States securities laws, including Rule 13(a)-18 or Rule 15(d)-18 of the Exchange Act and Item 1122 of Regulation AB, as well as confirming that such examination was performed in accordance with standards established by the American Institute of Certified Public Accountants. A copy of the Accountant's ’s Report may be obtained by any Securityholder by a request in writing to the Indenture Trustee, in the case of a Noteholder, or in the case of the Equity Certificateholder, by a request in writing to the Owner Trustee addressed to its Corporate Trust Office.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Funding Co, LLC)

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