Common use of Annual Statement as to Compliance; Annual Certification Clause in Contracts

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 2008, an Officer's Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's supervision and (ii) to the best of such officer's knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as and when required with respect to the Servicer.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments II Trust 2007-Ar4), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar2), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4)

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Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 20082007, an Officer's Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's supervision and (ii) to the best of such officer's knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as and when required with respect to the Servicer.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar1), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar3), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar4)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall will deliver to the DepositorOwner and the Master Servicer, not later than March 15 15th of each calendar year beginning in 2008, an Officer's ’s Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Servicer during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's ’s knowledge, based on such review, each such party the Servicer has fulfilled all of its obligations under this Agreement or other applicable servicing agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. Copies of such statement shall be provided by the Servicer to the Owner upon request and by the Owner to any Person identified as a prospective purchaser of the Mortgage Loans. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar an Annual Statement of Compliance by that of the Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the Servicer.

Appears in 5 contracts

Samples: Custodial Agreement (Bear Stearns ARM Trust 2007-4), Custodial Agreement (Bear Stearns ARM Trust 2007-5), Pooling and Servicing Agreement (Prime Mortgage Trust 2007-2)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall Company will deliver to the DepositorPurchaser and any Master Servicer, not later than March 15 1 of each calendar year beginning in 20082007, an Officer's ’s Certificate reasonably acceptable to the Purchaser (an "Annual Statement of Compliance") stating, as to each the signatory thereof, that (i) a review of the servicing activities of each such party the Company during the preceding calendar year and of its servicing performance under this Agreement or other applicable servicing agreement has been made under such officer's officers’ supervision and (ii) to the best of such officer's officers’ knowledge, based on such review, each such party the Company has fulfilled all of its servicing-related obligations under this Agreement or other applicable servicing agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. Copies of such statement shall be provided by the Company to the Purchaser upon request and by the Purchaser to any Person identified as a prospective purchaser of the Mortgage Loans. In the event that the Servicer Company has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer Company shall cause such deliver an officer’s certificate (an “Annual Certification”) of the Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the ServicerCompany.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2), Pooling and Servicing Agreement (Prime Mortgage Trust 2006-1), Purchase, Warranties and Servicing Agreement (Prime Mortgage Trust 2007-1)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall will deliver to the DepositorOwner and the Master Servicer, not later than March 15 15th of each calendar year beginning in 20082007, an Officer's Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Servicer during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's supervision and (ii) to the best of such officer's knowledge, based on such review, each such party the Servicer has fulfilled all of its obligations under this Agreement or other applicable servicing agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. Copies of such statement shall be provided by the Servicer to the Owner upon request and by the Owner to any Person identified as a prospective purchaser of the Mortgage Loans. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar an Annual Statement of Compliance by that of the Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the Servicer.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-2, Mortgage Pass-Through Certificates, Series 2006-2), Servicing Agreement (Bear Stearns ALT-A Trust 2007-2), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-5)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall will deliver to the DepositorOwner and the Master Servicer, not later than March 15 15th of each calendar year beginning in 20082007, an Officer's ’s Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Servicer during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's ’s knowledge, based on such review, each such party the Servicer has fulfilled all of its obligations under this Agreement or other applicable servicing agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. Copies of such statement shall be provided by the Servicer to the Owner upon request and by the Owner to any Person identified as a prospective purchaser of the Mortgage Loans. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar an Annual Statement of Compliance by that of the Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the Servicer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2), Pooling and Servicing Agreement (Prime Mortgage Trust 2006-1)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall Company will deliver to the DepositorPurchaser and any Master Servicer, not later than March 15 1 of each calendar year beginning in 20082007, an Officer's Officers' Certificate acceptable to the Purchaser (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Company during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's officers' supervision and (ii) to the best of such officer's officers' knowledge, based on such review, each such party the Company has fulfilled all of its obligations under this Agreement or other applicable servicing agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. Copies of such statement shall be provided by the Company to the Purchaser upon request and by the Purchaser to any Person identified as a prospective purchaser of the Mortgage Loans. In the event that the Servicer Company has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer Company shall cause such deliver an officer's certificate (an "Annual Certification") of the Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the ServicerCompany.

Appears in 2 contracts

Samples: Recognition Agreement (Bear Stearns ALT-A Trust 2006-1), Distribution Instructions (Bear Stearns Asset Backed Securities I Trust 2006-Ac2)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 20082007, an Officer's Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer subservicer or Subcontractor subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer subservicer or Subcontractor subcontractor to the Depositor and the Trustee as described above as and when required with respect to the ServicerTrustee.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (GreenPoint Mortgage Funding Trust 2005-Ar1), Pooling and Servicing Agreement (GreenPoint Mortgage Funding Trust 2005-Ar1)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 20082007, an Officer's ’s Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's ’s knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as and when required with respect to the Servicer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortage Funding Trust 2006-Ar2), Grantor Trust Agreement (Bear Stearns Mortage Funding Trust 2006-Ar2)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall will deliver to the DepositorPurchaser, not later than March 15 1 of each calendar year fiscal year, beginning in 20082007, an Officer's Officers' Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Servicer during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's supervision and (ii) to the best of such officer's knowledge, based on such review, each such party the Servicer has fulfilled all of its obligations under this Agreement in all material respects or other applicable servicing agreement throughout such year, or, if there has been a failure to fulfill any such obligation in any material respectobligation, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement Copies of Compliance such statement shall contain no restrictions or limitations on its usebe provided by the Purchaser to any Person identified as a prospective purchaser of the Mortgage Loans. The Purchaser shall notify the Servicer prior to providing any such copies. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer shall cause such deliver an officer's certificate of the Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the Servicer.

Appears in 1 contract

Samples: Master Mortgage Loan Purchase and Servicing Agreement (Luminent Mortgage Trust 2006-7)

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Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall Company will deliver to the DepositorPurchaser, not later than March 15 1 of each calendar year beginning in 20082007, an Officer's Officers' Certificate acceptable to the Purchaser (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Company during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's officers' supervision and (ii) to the best of such officer's officers' knowledge, based on such review, each such party the Company has fulfilled all of its obligations under this Agreement or other applicable servicing agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. Copies of such statement shall be provided by the Company to the Purchaser upon request and by the Purchaser to any Person identified as a prospective purchaser of the Mortgage Loans. In the event that the Servicer Company has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer Company shall cause such deliver an officer's certificate (an "Annual Certification") of the Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the ServicerCompany.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-7)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 2008, an Officer's ’s Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's ’s knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as and when required with respect to the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 20082007, an Officer's Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as and when required with respect to the Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar5)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall deliver to the Depositor, not later than March 15 of each calendar year beginning in 20082007, an Officer's Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party during the preceding calendar year and of its performance under this Agreement has been made under such officer's supervision and (ii) to the best of such officer's knowledge, based on such review, each such party has fulfilled all of its obligations under this Agreement in all material respects throughout such year, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or Subcontractor, the Servicer shall cause such Subservicer subservicer or Subcontractor subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer subservicer or Subcontractor subcontractor to the Depositor and the Trustee as described above as and when required with respect to the ServicerTrustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GreenPoint MFT 2006-Ar2)

Annual Statement as to Compliance; Annual Certification. (a) The Servicer and the Trustee shall will deliver to the DepositorPurchaser, not later than March 15 1 of each calendar year fiscal year, beginning in 2008, an Officer's Officers’ Certificate (an "Annual Statement of Compliance") stating, as to each signatory thereof, that (i) a review of the activities of each such party the Servicer during the preceding calendar year and of its performance under this Agreement or other applicable servicing agreement has been made under such officer's ’s supervision and (ii) to the best of such officer's ’s knowledge, based on such review, each such party the Servicer has fulfilled all of its obligations under this Agreement in all material respects or other applicable servicing agreement throughout such year, or, if there has been a failure to fulfill any such obligation in any material respectobligation, specifying each such failure known to such officer and the nature and status of cure provisions thereof. Such Annual Statement Copies of Compliance such statement shall contain no restrictions or limitations on its usebe provided by the Purchaser to any Person identified as a prospective purchaser of the Mortgage Loans. The Purchaser shall notify the Servicer prior to providing any such copies. In the event that the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Subservicer or SubcontractorSubservicer, the Servicer shall cause such deliver an officer’s certificate of the Subservicer or Subcontractor to deliver a similar Annual Statement of Compliance by that Subservicer or Subcontractor to the Depositor and the Trustee as described above as to each Subservicer as and when required with respect to the Servicer.

Appears in 1 contract

Samples: Assumption and Recognition Agreement (Hsi Asset Securitization Corp)

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