Annual Servicing Report of Independent Public Accountants. On or before the 90th day following the end of each fiscal year, beginning with the fiscal year ending December 31, 2006, the Servicer shall cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer, the Seller or their respective Affiliates) to furnish to the Indenture Trustee, the Servicer, the Seller, the Swap Counterparty, the Note Insurer and each Rating Agency each attestation report on assessments of compliance with the Servicing Criteria with respect to the Servicer or any affiliate thereof during the related fiscal year delivered by such accountants pursuant to paragraph (c) of Rule 13a-18 or Rule 15d-18 of the Exchange Act and Item 1122 of Regulation AB. The certification required by this paragraph may be replaced by any similar certification using other procedures or attestation standards which are now or in the future in use by servicers of comparable motor vehicle receivables.
Annual Servicing Report of Independent Public Accountants. On or before the 90th day following the end of each fiscal year, beginning with the fiscal year ending December 31, 2007, the Servicer shall cause a firm of nationally recognized independent public accountants (who may also render other services to the Servicer, the Seller or their respective Affiliates) acceptable to the Insurer to furnish to the Indenture Trustee, the Servicer, the Seller, the Insurer, the Swap Counterparty and each Rating Agency each attestation report on assessments of compliance with the Servicing Criteria with respect to the Servicer or any affiliate thereof during the related fiscal year delivered by such accountants pursuant to paragraph (c) of Rule 13a-18 or Rule 15d-18 of the Exchange Act and Item 1122 of Regulation AB.
Annual Servicing Report of Independent Public Accountants. On or before the 90th day following the end of each fiscal year, beginning with the fiscal year ending [__________], the Servicer shall cause a firm of independent public accountants (who may also render other services to the Servicer, the Seller or their respective Affiliates) to furnish to the Indenture Trustee, the Servicer, the Seller and each Rating Agency each attestation report on assessments of compliance with the Servicing Criteria with respect to the Servicer or any affiliate thereof during the related fiscal year delivered by such accountants pursuant to paragraph (c) of Rule 13a-18 or Rule 15d-18 of the Exchange Act and Item 1122 of Regulation AB. The certification required by this paragraph may be replaced by any similar certification using other procedures or attestation standards which are now or in the future in use by servicers of comparable motor vehicle receivables, or which comply with any rule, regulation, "no action" letter or similar guidance promulgated by the Commission.
Annual Servicing Report of Independent Public Accountants. In addition to and without limiting any reports required to be provided by it in Exhibit IV hereto, the Servicer shall (or shall cause) the following reports to be provided:
(a) On or before March 31 of each calendar year, commencing October 31, 2010, the Servicer shall cause a firm approved by the Administrator (who may also render other services to the Servicer or the Seller) to furnish a report (addressed to the Administrator) to the Servicer, the Administrator and each Purchaser Agent, to the effect that they have examined certain documents and records relating to the servicing of Receivables under the Agreement, compared the information contained in the Servicer Reports (delivered pursuant to Section 2(a)(iv) of Exhibit IV to the Agreement), during the period covered by such report with such documents and records and that, on the basis of such examination, such firm is of the opinion that the servicing has been conducted in compliance with the terms and conditions as set forth in this Article IV, except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statement.
(b) On or before March 31 of each calendar year, commencing October 31, 2010, the Servicer shall cause a firm approved by the Administrator (who may also render other services to the Servicer or the Seller) to furnish a report (addressed to the Administrator) to the Servicer, the Administrator and each Purchaser Agent to the effect that they have compared the mathematical calculations of each amount set forth in the Servicer Reports (delivered pursuant to Section 2(a)(iv) of Exhibit IV to the Agreement), during the period covered by such report with the Servicer’s computer reports which were the source of such amounts and that on the basis of such comparison, such firm is of the opinion that such amounts are in agreement, except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statement.
Annual Servicing Report of Independent Public Accountants. On an annual basis on or before December 31 of each calendar year, beginning with December 31, 1998, the Collection Agent shall cause nationally recognized independent public accountants acceptable to the Buyer (the Buyer acknowledges that in each case any of the "Big 5" accounting firms will be acceptable to the Buyer,) to furnish a report to each of the Collection Agent and the Buyer substantially to the effect that (i) such accountants have examined certain documents and records relating to the servicing of Receivables under this Agreement, compared the information contained in the Daily Settlement Reports and Asset Reports delivered by or on behalf of the Originator under this Agreement during the annual period covered by such report (or such shorter initial period, as the case may be) with such documents and records and that, on the basis of such examination, and subject to such reasonable limitations and qualifications as may be set forth in such report, such accountants are of the opinion that the servicing has been conducted substantially in compliance with the terms and conditions as set forth in Article VI of this Agreement, except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statement and (ii) such accountants have compared the mathematical calculations of each amount set forth in the Daily Settlement Reports and Asset Reports delivered pursuant to this Agreement during the period covered by such report with the Collection Agent's computer reports which were the source of such amounts and that on the basis of such comparison, such accountants are of the opinion that such amounts are in agreement, except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statement.
Annual Servicing Report of Independent Public Accountants. In addition to and without limiting any reports required to be provided by it in Exhibit IV hereto, at the request of the Administrative Agent (made no more than once in each calendar year), the Servicer shall cause a firm approved by the Administrative Agent (who may also render other services to the Servicer or the Seller) to furnish a report (addressed to the Administrative Agent) to the Administrative Agent and each Purchaser, to the effect that:
(i) they have examined certain documents and records relating to the servicing of Receivables under the Agreement, and compared the information contained in the Servicer Reports (delivered pursuant to Section 2(a)(iii) of Exhibit IV to the Agreement) during the period covered by such report with such documents and records, and that, on the basis of such examination, such firm is of the opinion that the servicing has been conducted in compliance with the terms and conditions as set forth in this Article IV, and
(ii) that they have compared the mathematical calculations of each amount set forth in the Servicer Reports (delivered pursuant to Section 2(a)(iii) of Exhibit IV to the Agreement) during the period covered by such report with the Servicer’s computer records that were the source of such amounts, and that, on the basis of such comparison, such firm is of the opinion that such amounts are in agreement, in each case except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statements.
Annual Servicing Report of Independent Public Accountants. Within 90 days after the Transfer Date and on an annual basis on or before March 31 of each calendar year, beginning with March 31, 1998, the Servicer shall at the Transferor's expense cause the Independent Public Accountants to furnish a report (addressed to the Trustee) to the Trustee, the Servicer, each Rating Agency and each Enhancement Provider substantially to the effect set forth in Exhibit I; provided, however, that all such Persons and a Majority in Interest may approve an alternative arrangement.
Annual Servicing Report of Independent Public Accountants. On or before the Required Delivery Date for each year, beginning on the Required Delivery Date for 20[ ], the Servicer shall cause an independent registered public accounting firm (who may also render other services to the Servicer, the Depositor or their respective Affiliates) to furnish to the Indenture Trustee, the Servicer, the Depositor and each Rating Agency [and the Swap Counterparty] each attestation report on assessments of compliance with the Servicing Criteria with respect to the Servicer or any affiliate thereof during the related fiscal year delivered by such accounting firm pursuant to paragraph (c) of Rule 13a-18 or Rule 15d-18 of the Exchange Act and Item 1122 of Regulation AB.
Annual Servicing Report of Independent Public Accountants. With respect to the annual report, the Backup Servicer shall be responsible only for an examination in accordance with the standards of SAS70. The Backup Servicer shall be obligated to deliver the annual report on or before March 31st, dated as of the preceding December 31 beginning in 2008.
(e) Section 7.1.
Annual Servicing Report of Independent Public Accountants. On an annual basis on or before March 31 of each calendar year, beginning with March 31, 1999, the Servicer shall cause nationally recognized independent public accountants acceptable to the Buyer to furnish a report to each of the Servicer and the Buyer substantially to the effect that (i) such accountants have examined certain documents and records relating to the servicing of Receivables under this Agreement, compared the information contained in the Weekly Settlement Reports and Asset Reports delivered by or on behalf of the Originators under this Agreement during the annual period covered by such report (or such shorter initial period, as the case may be) with such documents and records and that, on the basis of such examination, and subject to such reasonable limitations and qualifications as may be set forth in such report, such accountants are of the opinion that the servicing has been conducted substantially in compliance with the terms and conditions as set forth in Article VI of this Agreement, except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statement and (ii) such accountants have compared the mathematical calculations of each amount set forth in the Weekly Settlement Reports and Asset Reports delivered pursuant to this Agreement during the period covered by such report with the Servicer=s computer reports which were the source of such amounts and that on the basis of such comparison, such accountants are of the opinion that such amounts are in agreement, except for such exceptions as they believe to be immaterial and such other exceptions as shall be set forth in such statement.
