Common use of Annual Servicing Review Clause in Contracts

Annual Servicing Review. Not later than the last Business Day of the fifth month following the end of the Servicer's fiscal year (December 31), beginning in 1999, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Trustee and each Rating Agency to the effect that such firm has, with respect to the Servicer's overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Delta Funding Corp /De/), Custodial Agreement (Delta Funding Corp /De/), Custodial Agreement (Delta Funding Corp /De/)

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Annual Servicing Review. Not later than the last Business Day of the fifth month following the end of the Servicer's fiscal year (December 31), beginning with the fiscal year ending in 19992000, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Trustee Trustee, the Certificate Insurer and each Rating Agency to the effect that such firm has, with respect to the Servicer's overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 1 contract

Samples: Custodial Agreement (Delta Funding Corp /De/)

Annual Servicing Review. Not later than the last Business Day of the fifth month following the end of the Servicer's fiscal year (December 31), beginning in 19992000, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Trustee Trustee, the Securities Administrator and each Rating Agency to the effect that such firm has, with respect to the Servicer's overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 1 contract

Samples: Custodial Agreement (Delta Funding Home Equity Loan Tr 1999-2 Home Equ Loan Ass B)

Annual Servicing Review. Not later than the last Business Day of the fifth month following the end of the Servicer's fiscal year (December 31), beginning in 19992000, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Trustee Trustee, the Securities Administrator, the Certificate Insurer and each Rating Agency to the effect that such firm has, with respect to the Servicer's overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 1 contract

Samples: Custodial Agreement (Delta Funding Home Equity Loan Tr 99-3 Home Eq as Bk Se 99-3)

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Annual Servicing Review. Not later than the last Business Day of the fifth month following the end of the Servicer's fiscal year (December 31), beginning in 19991998, the Servicer, at its expense, shall cause a firm of independent public accountants which is a member of the American Institute of Certified Public Accountants to furnish a letter or letters to the Trustee and each Rating Agency to the effect that such firm has, with respect to the Servicer's overall servicing operations, examined such operations in accordance with the requirements of the Uniform Single Attestation Program for Mortgage Bankers, and stating such firm's conclusions relating thereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Delta Funding Corp /De/)

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