Common use of Independent Public Accountants' Administration Report Clause in Contracts

Independent Public Accountants' Administration Report. Unless otherwise specified in the Series Supplement, within four months after the end of each 12-month period beginning with the period specified in the Series Supplement for a given Series of Certificates, either the Administrator, if any, specified in the Series Supplement, or otherwise the Trustee shall cause a firm of nationally recognized independent public accountants (who may also render other services to the Administrator, if any, the Trustee or the Depositor) to furnish a report addressed to the Trustee, the Depositor, and the Rating Agency for such Series, if any, to the effect that such firm has examined certain documents and records relating to the administration of the Deposited Assets deposited in or held by the applicable Trust during the preceding 12-month period (or, in the case of the first such report, during the period from the Closing Date to the date specified in the applicable Series Supplement) and that, on the basis of certain agreed-upon procedures considered appropriate under the circumstances, such firm is of the opinion that such administration was conducted in accordance with the terms of this Agreement and the related Series Supplement except for (i) such exceptions as such firm shall believe to be immaterial and (ii) such other exceptions and qualifications as shall be set forth in such report. Such report will also indicate that such firm is independent of the Administrator, if any, and the Trustee within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants. Copies of such report received by the Trustee shall be provided by the Trustee to any Certificateholder of such Series upon written request without charge to the requesting Certificateholder. The firm of independent public accountants shall be entitled to compensation in consideration for its duties hereunder in the manner specified in the applicable Series Supplement.

Independent Public Accountants' Administration Report. Unless otherwise specified in the Series Supplement, within four months after 90 days from the end of each 12-12- month period beginning with the period specified in the Series Supplement for a given Series of Certificates, either the AdministratorAdministrative Agent, if any, specified in the Series Supplement, or otherwise the Trustee shall cause a firm of nationally recognized independent public accountants (who may also render other services to the AdministratorAdministrative Agent, if any, the Trustee or the Depositor) to furnish a report addressed to the Trustee, the Depositor, and the Rating Agency and each Credit Support Provider for such Series, if any, to the effect that such firm has examined certain documents and records relating to the administration of the Deposited Assets and related Credit Support deposited in or held by the applicable Trust during the preceding 12-month period (or, in the case of the first such report, during the period from the Closing Date to the date specified in the applicable Series Supplement) and that, on the basis of certain agreed-agreed upon procedures considered appropriate under the circumstances, such firm is of the opinion that such administration was conducted in accordance with the terms of this Agreement and the related Series Supplement except for (i) such exceptions as such firm shall believe to be immaterial and (ii) such other exceptions and qualifications as shall be set forth in such report. Such report will also indicate that such the firm is independent of the AdministratorAdministrative Agent, if any, and the Trustee within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants. Copies of such report statement received by the Trustee shall be provided by the Trustee to any Certificateholder of such Series upon written request without charge to the requesting Certificateholder. The firm of independent public accountants shall be entitled to compensation in consideration for its duties hereunder in the manner specified in the applicable Series Supplement.

Independent Public Accountants' Administration Report. Unless otherwise specified in the Series Supplement, within four months after from the end of each 12-month period beginning with the period specified in the Series Supplement for a given Series of Certificates, either the AdministratorAdministrative Agent, if any, specified in the Series Supplement, or otherwise the Trustee shall cause a firm of nationally recognized independent public accountants (who may also render other services to the AdministratorAdministrative Agent, if any, the Trustee or the Depositor) to furnish a report addressed to the Trustee, the Depositor, and the Rating Agency and each Credit Support Provider for such Series, if any, to the effect that such firm has examined certain documents and records relating to the administration of the Deposited Assets and related Credit Support deposited in or held by the applicable Trust during the preceding 12-month period (or, in the case of the first such report, during the period from the Closing Date to the date specified in the applicable Series Supplement) and that, on the basis of certain agreed-agreed upon procedures considered appropriate under the circumstances, such firm is of the opinion that such administration was conducted in accordance with the terms of this Agreement and the related Series Supplement except for (i) such exceptions as such firm shall believe to be immaterial and (ii) such other exceptions and qualifications as shall be set forth in such report. Such report will also indicate that such the firm is independent of the AdministratorAdministrative Agent, if any, and the Trustee within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants. Copies of such report statement received by the Trustee shall be provided by the Trustee to any Certificateholder of such Series upon written request without charge to the requesting Certificateholder. The firm of independent public accountants shall be entitled to compensation in consideration for its duties hereunder in the manner specified in the applicable Series Supplement.