Common use of Report on Assessment of Compliance with Applicable Servicing Criteria Clause in Contracts

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 2008, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer, the NIMS Insurer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 18 contracts

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-11), Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-9), Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar1)

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Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer, the NIMS Insurer Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 8 contracts

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-8), Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-6), Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-9)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.07.

Appears in 6 contracts

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-FFB), Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff14)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 2008, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the period ending the end of the fiscal year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-asset- backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 3 contracts

Samples: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2), Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Osi), Servicing Agreement (Structured Asset Securities CORP 2007-Bc1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before Using reasonable best efforts by March 1st, but in no event later than March 15th of each calendar year, beginning with March 15, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by in which the same asset type backing such asset-backed securities. Servicer is performing any of the servicing criteria specified in Exhibit I. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.07.

Appears in 3 contracts

Samples: Securitization Servicing Agreement (Lehman XS Trust Series 2006-Gp2), Securitization Servicing Agreement (Lehman XS Trust Series 2006-4n), Securitization Servicing Agreement (Lehman XS Trust Series 2006-Gp1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer, the NIMS Insurer Securities Administrator and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar yearCalendar Year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 3 contracts

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc6), Securitization Servicing Agreement (Sasco 2006-Am1), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2006-4)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 2008, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-3), Securitization Servicing Agreement (Sasco 2007-Bnc1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082009, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc4), Securitization Servicing Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 2008prior to the Closing Date, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerServicer and the Depositor a certification in the form of Exhibit H attached hereto regarding the items it will address in its assessment of compliance with the servicing criteria under this Section 5.04. On or before March 1 of each calendar year, beginning with March 1, 2007, the NIMS Insurer Servicer shall deliver to the Seller, the Trustee, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Servicer is performing any of the servicing criteria specified in Exhibit H and that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 2 contracts

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-3), Servicing Agreement (Lehman Mortgage Trust 2006-1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 15th 1st, but in no event later than March 15th, of each calendar year, beginning with March 15, 2008commencing in 2007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal calendar year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar calendat year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole and that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 2 contracts

Samples: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc6), Servicing Agreement (Sasco 2006-Opt1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 15th 1st, but in no event later than March 15th, of each calendar year, beginning with March 15, 2008commencing in 2007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal calendar year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole and that are backed by the same type of asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.. ARTICLE VI. REPRESENTATIONS, WARRANTIES AND AGREEMENTS

Appears in 2 contracts

Samples: Subservicing Agreement (Sail 2006-Bnc3), Subservicing Agreement (BNC Mortgage Loan Trust 2006-1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the period ending the end of the fiscal year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-asset- backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 2 contracts

Samples: Servicing Agreement (BNC Mortgage Loan Trust 2006-1), Servicing Agreement (Structured Asset Investment Loan Trust 2006-4)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 2008, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar yearCalendar Year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP 2007-Bc1), Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Osi)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 2008, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer, the NIMS Insurer Securities Administrator and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-1), Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-2)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 20082009, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the period ending the end of the fiscal year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-asset- backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc4)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer, the NIMS Insurer Securities Administrator and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Servicer is performing all of the servicing criteria specified in Exhibit I and that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Sail 2006-2)

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Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the fiscal year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.04.

Appears in 1 contract

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff17)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 20082009, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer, the NIMS Insurer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.. -35

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer, the NIMS Insurer Securities Administrator and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Servicer is performing all of the servicing criteria specified in Exhibit I and that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Sail 2006-2)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer, the NIMS Insurer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-12)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before Using reasonable best efforts by March 1st, but in no event later than March 15th of each calendar year, beginning with March 15, 20082007, the Servicer Subservicer shall deliver to the Seller, the Trustee, the Master NIMS Insurer, the Servicer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by in which the same asset type backing such asset-backed securities. Subservicer is performing any of the servicing criteria specified in Exhibit H. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer Subservicer as provided in Section 5.025.07.

Appears in 1 contract

Samples: Securitization Subservicing Agreement (Lehman XS Trust Series 2006-4n)

Report on Assessment of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 15th 1st, but in no event later than March 15th, of each calendar year, beginning with March 15, 2008commencing in 2007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal calendar year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole and that are backed by the same type of asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 1 contract

Samples: Subservicing Agreement (Structured Asset Investment Loan Trust 2006-4)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 2008, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer, the NIMS Insurer Securities Administrator and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the period ending the end of the fiscal year of the Trust trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-asset- backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc3)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer, the NIMS Insurer Securities Administrator and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by in which the same asset type backing such asset-backed securities. Servicer is performing all of the servicing criteria specified in Exhibit I. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.07.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2006-Bnc1)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th 1st of each calendar year, beginning with March 151, 20082007, the Servicer shall deliver to the Seller, the Trustee, the Master ServicerNIMS Insurer, the NIMS Insurer Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H I attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. securities taken as a whole in which the Servicer is performing all of the servicing criteria specified in Exhibit I. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.025.07.

Appears in 1 contract

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff2)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 15th of each calendar year, beginning with March 15, 20082009, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer, the NIMS Insurer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H attached hereto, as of and for the fiscal year of the Trust (which, unless otherwise identified to the Servicer in writing, shall be the calendar year) for the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole that are backed by the same asset type backing such asset-backed securities. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-2)

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