INDEPENDENT AUDITORS' ANNUAL SERVICER COMPLIANCE CERTIFICATE. For so long as the Mortgages Trustee, Funding 1 or any Issuer is subject to the reporting obligations of Section 13 or 15(d) of the Exchange Act, Funding 1 shall cause an independent accountant to furnish to Funding 1 not later than 30th June in each year commencing in 2005 a report with respect to each such Issuer addressed to the Board of Directors of Funding 1 to the effect that (a) such firm has examined Funding 1's assertion described in CLAUSE 5.6(B), (b) such examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and provides a reasonable basis for such firm's opinion and (c) in the opinion of such firm, such assertion of Funding 1 is fairly stated in all material respects (or, if such assertion is not fairly stated, stating why such assertion is not fairly stated).
Appears in 5 contracts
Samples: Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Financing (No. 8) PLC)
