Common use of Assessment of Compliance with Servicing Criteria Clause in Contracts

Assessment of Compliance with Servicing Criteria. On and after January 1, 2006, the Company shall service and administer, and shall cause each subservicer to servicer or administer, the Mortgage Loans in accordance with all applicable requirements of the Servicing Criteria. With respect to any Mortgage Loans that are the subject of a Pass-Through Transfer, the Company shall deliver to the Purchaser or its designee on or before February 28 of each calendar year beginning in 2007, a report (an “Assessment of Compliance”) reasonably satisfactory to the Purchaser regarding the Company’s assessment of compliance with the Servicing Criteria during the preceding calendar year as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, which as of the date hereof, require a report by an authorized officer of the Company that contains the following:

Appears in 2 contracts

Samples: Purchase, Warranties and Servicing Agreement (SACO I Trust 2006-2), Pooling and Servicing Agreement (SACO I Trust 2006-9)

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Assessment of Compliance with Servicing Criteria. On and after January 1, 2006, the Company shall service and administer, and shall cause each subservicer to servicer or administer, the Mortgage Loans in accordance with all applicable requirements of the Servicing Criteria. With respect to any Mortgage Loans that are the subject of a Pass-Through Transfer, the Company shall deliver to the Purchaser or its designee on or before February 28 of each calendar year beginning in 2007, a report (an "Assessment of Compliance") reasonably satisfactory to the Purchaser regarding the Company’s 's assessment of compliance with the Servicing Criteria during the preceding calendar year as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, which as of the date hereof, require a report by an authorized officer of the Company that contains the following:

Appears in 1 contract

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

Assessment of Compliance with Servicing Criteria. On and after January 1, 2006, the Company shall service and administer, and shall cause each subservicer to servicer or administer, the Mortgage Loans in accordance with all applicable requirements of the Servicing Criteria. With respect to any Mortgage Loans that are the subject of a Pass-Through Transfer, the Company shall deliver to the Purchaser or its designee on or before February 28 March 1 of each calendar year beginning in 2007, but in no event later than March 15, a report (an “Assessment of Compliance”) reasonably satisfactory to the Purchaser regarding the Company’s assessment of compliance with the Servicing Criteria during the preceding calendar year as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, which as of the date hereof, require a report by an authorized officer of the Company that contains the following:

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (SACO I Trust 2006-2)

Assessment of Compliance with Servicing Criteria. On and after January 1, 20062007, the Company Servicer shall service and administer, and shall cause each subservicer to servicer service or administer, the Mortgage Loans in accordance with all applicable requirements of the Servicing Criteria. With respect to any the Mortgage Loans that are the subject of a Pass-Through TransferLoans, the Company Servicer shall deliver to the Purchaser Owner or its designee designee, the Master Servicer, the Securities Administrator, and any Depositor on or before February 28 March 15th of each calendar year beginning in 2007commencing with 2007 and continuing each year thereafter, a report (an "Assessment of Compliance") reasonably satisfactory to the Purchaser regarding the Company’s Servicer's assessment of compliance with the Servicing Criteria during the preceding calendar year as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, or as otherwise required by the Master Servicer, which as of the date hereof, require a report by an authorized officer of the Company Servicer that contains the following:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2007-3)

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Assessment of Compliance with Servicing Criteria. On and after January 1, 2006, the Company shall service and administer, and shall cause each subservicer to servicer service or administer, the Mortgage Loans in accordance with all applicable requirements of the Servicing Criteria. With respect to any Mortgage Loans that are the subject of a Pass-Through Transfer, the Company shall deliver to the Purchaser or its designee on or before February 28 March 1 of each calendar year beginning in 2007, a report (an "Assessment of Compliance") reasonably satisfactory to the Purchaser regarding the Company’s 's assessment of compliance with the Servicing Criteria during the preceding calendar year as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, or as otherwise required by the Master Servicer, which as of the date hereof, require a report by an authorized officer of the Company that contains the following:

Appears in 1 contract

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

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