Common use of Quarterly Statements as to Compliance Clause in Contracts

Quarterly Statements as to Compliance. Not later than the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in February, 1997, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Insurer and to each Securityholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than ------------------------------------- the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in February, 19971998, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Insurer Issuer and to each Securityholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in FebruaryMay, 1997, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Insurer and to each Securityholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in February, 1997November 1998, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Insurer Issuer and to each Securityholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in February____________, 1997, 19__ the Servicer will deliver to the Indenture Trustee, the IssuerCertificate Insurer, the Securities Insurer Standby Servicer and to each SecurityholderCertificateholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than the ------------------------------------- last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in FebruaryNovember, 19971998, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Insurer Issuer and to each Securityholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in February, August 1997, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Note Insurer and to each SecurityholderNoteholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken by the Servicer to cure such default.

Quarterly Statements as to Compliance. Not later than ------------------------------------- the last day of the second month following the end of each quarter of the Servicer's Fiscal Year, beginning in FebruaryNovember, 1997, the Servicer will deliver to the Indenture Trustee, the Issuer, the Securities Insurer Issuer and to each Securityholder, an Officer's Certificate stating that (i) the Servicer has fully complied with the provisions of Articles V and VII, (ii) a review of the activities of the Servicer during the preceding quarter and of performance under this Agreement has been made under such officer's supervision, and (iii) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such quarter, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken by the Servicer to cure such default.