Common use of Quarterly Statement as to Compliance Clause in Contracts

Quarterly Statement as to Compliance. The initial Servicer shall deliver to the Administrative Agent, (a) within 45 days after the end of the calendar quarter ending on September 30, 2020 and (b) within 30 days after the end of each calendar quarter thereafter, an Officer's Certificate, stating that (i) a review of the activities of the Servicer during the preceding quarterly period (or since the Closing Date in the case of the first such Officer's Certificate) and of its performance under this Agreement has been made under such officer's supervision and (ii) to the best of such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter (or such shorter period in the case of the first such Officer's Certificate), or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Quarterly Statement as to Compliance. The initial Servicer shall deliver to the Administrative Agent, (a) within 45 days after the end of the calendar quarter ending on September 30, 2020 and (b) within 30 days after the end of each calendar quarter thereafter(beginning with the calendar quarter ending on December 31, 2022), an Officer's Certificate, stating that (ia) a review of the activities of the Servicer during the preceding quarterly period (or since the Closing Date in the case of the first such Officer's Certificate) and of its performance under this Agreement has been made under such officer's supervision and (iib) to the best of such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter (or such shorter period in the case of the first such Officer's Certificate), or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.