Common use of Back-up Xxxxxxxx-Xxxxx Certification Clause in Contracts

Back-up Xxxxxxxx-Xxxxx Certification. (a) No later than [March 15th] of each year, beginning in 20[__], the Servicer shall provide the Performance Certification to the Certifying Person, substantially in the form of Exhibit D to the 20[__]-[_] Servicing Supplement (in the case of the Servicer), in each case on which the Certification Parties can reasonably rely; provided, that so long as the Servicer is an Affiliate of the Transferor, the Servicer may, but is not required to deliver the Performance Certificate. (b) The Transferor will not request delivery of a certification under this clause unless the Transferor is required under the Exchange Act to file an annual report on Form 10-K with respect to the Issuer. In the event that prior to the filing date of the Form 10-K in March of each year, the Servicer has actual knowledge of information material to the Xxxxxxxx-Xxxxx Certification, the Servicer shall promptly notify the Transferor.

Appears in 3 contracts

Samples: Exchange Note Supplement (Mercedes-Benz Vehicle Trust), Exchange Note Supplement (Daimler Trust), Exchange Note Supplement (Daimler Trust)

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Back-up Xxxxxxxx-Xxxxx Certification. (a) No later than [March 15th] 15th of each year, beginning in 20201[__], the Servicer shall provide the Performance Certification to the Certifying Person, substantially in the form of Exhibit D to the 20[__]-201[__]-[__] Servicing Supplement (in the case of the Servicer), in each case on which the Certification Parties can reasonably rely; provided, provided that so long as the Servicer is an Affiliate of the Transferor, the Servicer may, but is not required to deliver the Performance Certificate. (b) The Transferor will not request delivery of a certification under this clause unless the Transferor is required under the Exchange Act to file an annual report on Form 10-K with respect to the Issuer. In the event that prior to the filing date of the Form 10-K in March of each year, the Servicer has actual knowledge of information material to the Xxxxxxxx-Xxxxx Certification, the Servicer shall promptly notify the Transferor.

Appears in 2 contracts

Samples: Exchange Note Supplement (Daimler Trust), Exchange Note Supplement (Daimler Trust)

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Back-up Xxxxxxxx-Xxxxx Certification. (a) No later than [March 15th] 15 of each year, beginning in 20201[__], the Servicer shall provide the Performance Certification to the Certifying Person, substantially in the form of Exhibit D to the 20[__]-201[__]-[__] Servicing Supplement (in the case of the Servicer), in each case on which the Certification Parties can reasonably rely; provided, provided that so long as the Servicer is an Affiliate of the Transferor, the Servicer may, but is not required to deliver the Performance Certificate. (b) The Transferor will not request delivery of a certification under this clause unless the Transferor is required under the Exchange Act to file an annual report on Form 10-K with respect to the Issuer. In the event that prior to the filing date of the Form 10-K in March of each year, the Servicer has actual knowledge of information material to the Xxxxxxxx-Xxxxx Certification, the Servicer shall promptly notify the Transferor.

Appears in 1 contract

Samples: Exchange Note Supplement (Daimler Trust)

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