Common use of Annual Statement of Compliance Clause in Contracts

Annual Statement of Compliance. The Servicer shall deliver, and the Servicer shall cause each Subservicer engaged by it to deliver, to the Depositor, the Trustee and each Rating Agency on or before March 1 of each year or if such day is not a Business Day, the next Business Day, commencing in March 2007, a certificate in the form required by Item 1123 of Regulation AB, to the effect that (i) an authorized officer of the Servicer or the Additional Servicer, as the case may be, has reviewed (or a review has been made under his or her supervision of) such party's activities under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, during the prior calendar year or portion thereof and (ii) to the best of such officer's knowledge, based on such review, such party has fulfilled all of its obligations under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in all material respects throughout the prior calendar year or portion thereof 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 thereof. Promptly after receipt of each such certificate, the Depositor shall review such certificate and, if applicable, consult with the Servicer as to the nature of any failure to fulfill any obligation under the Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in any material respect.

Annual Statement of Compliance. The Servicer Subservicer shall deliver, and the Servicer shall cause each Subservicer engaged by it to deliver, deliver to the Depositor, the Trustee Master Servicer and each Rating Agency the Trust Administrator on or before March 1 of each year or if such day is not a Business Day, (subject to the next Business Daynotice and cure provisions of Section 4.07(11)), commencing in March 2007, a certificate in the form required by Item 1123 of Regulation ABan Officer’s Certificate stating, as to the effect signer thereof, that (iA) an authorized officer a review of the Servicer or the Additional Servicer, as the case may be, has reviewed (or a review has been made under his or her supervision of) such party's Subservicer’s activities under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, during the prior preceding calendar year or portion thereof and of the Subservicer’s performance under this Agreement has been made under such officer’s supervision and (iiB) to the best of such officer's ’s knowledge, based on such review, such party the Subservicer has fulfilled all of its obligations under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in all material respects throughout the prior calendar such year or portion thereof thereof, 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 thereof. Promptly after receipt In the event the Subservicer is terminated or resigns pursuant to the terms of each this Agreement the Subservicer shall provide an Officer’s Certificate pursuant to this Section 4.04 with respect to the period of time it was subject to this Agreement, notwithstanding such certificate, the Depositor shall review such certificate andtermination or resignation. In addition, if applicableat any time FSC, consult with or any successor thereto, is directly servicing any of the Servicer as to the nature of any failure to fulfill any obligation under the AgreementMortgage Loans, then FSC, or such other applicable Subservicing Agreement in successor, also shall be obligated to comply with the case provisions of an Additional Servicer, in any material respectthis subsection (d).

Annual Statement of Compliance. The Servicer shall deliver, and the Servicer shall cause each Subservicer engaged by it to deliver, to the Depositor, the Trustee and each Rating Agency on or before March 1 of each year or if such day is not a Business Day, the next Business Day, commencing in March 20072008, a certificate in the form required by Item 1123 of Regulation AB, to the effect that (i) an authorized officer of the Servicer or the Additional Servicer, as the case may be, has reviewed (or a review has been made under his or her supervision of) such party's activities under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, during the prior calendar year or portion thereof and (ii) to the best of such officer's knowledge, based on such review, such party has fulfilled all of its obligations under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in all material respects throughout the prior calendar year or portion thereof 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 thereof. Promptly after receipt of each such certificate, the Depositor shall review such certificate and, if applicable, consult with the Servicer as to the nature of any failure to fulfill any obligation under the Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in any material respect.

Annual Statement of Compliance. The Trustee and the Servicer shall deliver, and the Servicer shall cause each Subservicer engaged by it to deliver, to the Depositor, the Trustee and each Rating Agency on or before March 1 of each year or if such day is not a Business Day, the next Business Day, commencing in March 200720[**], a certificate in the form required by Item 1123 of Regulation AB, to the effect that (i) an authorized officer of the Trustee, the Servicer or the Additional Servicer, as the case may be, has reviewed (or a review has been made under his or her supervision of) such party's ’s activities under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, during the prior calendar year or portion thereof and (ii) to the best of such officer's ’s knowledge, based on such review, such party has fulfilled all of its obligations under this Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in all material respects throughout the prior calendar year or portion thereof 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 thereof. Promptly after receipt of each such certificate, the Depositor shall review such certificate and, if applicable, consult with the Servicer and the Trustee as to the nature of any failure to fulfill any obligation under the Agreement, or such other applicable Subservicing Agreement in the case of an Additional Servicer, in any material respect.