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

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on or before March 15th of each calendar year, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day), 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 9 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-2), Servicing Agreement (Lehman Mortgage Trust 2007-9), Servicing Agreement (Lehman Mortgage Trust 2007-6)

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Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on On or before March 15th 1 of each calendar year, commencing in 2008 (orbeginning with March 1, if not a Business Day2008, on the immediately preceding Business Day), Special Servicer shall deliver to the Seller, the Trustee, the Trustee, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H J attached hereto, as of and for the immediately preceding calendar year. Such report shall address period ending the end of the fiscal year ending no later than December 31 of 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 Special Servicer is performing all of the servicing criteria specified in Exhibit H. J. 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 Special Servicer as provided in Section 5.025.04.

Appears in 9 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-5), Servicing Agreement (Lehman Mortgage Trust 2007-4), Servicing Agreement (Lehman Mortgage Trust 2007-8)

Report on Assessment of Compliance with Applicable Servicing Criteria. 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, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day)2008, deliver to the Seller, the Trustee, the NIMS Insurer, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 9 contracts

Samples: Servicing Agreement (Lehman XS Trust 2007-11), Servicing Agreement (Lehman XS Trust 2007-1), Servicing Agreement (Lehman XS Trust 2007-9)

Report on Assessment of Compliance with Applicable Servicing Criteria. 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, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day)2007, deliver to the Seller, the Trustee, the NIMS Insurer, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 8 contracts

Samples: Servicing Agreement (Lehman XS Trust 2006-5), Servicing Agreement (Lehman XS 2006-13), Servicing Agreement (LXS 2006-7)

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on On or before March 15th of each calendar year, commencing in 2008 (orbeginning with March 15, if not a Business Day2007, on the immediately preceding Business Day), Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, 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 immediately preceding calendar year. Such report shall address all period ending the end of the fiscal year ending no later than December 31 of 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. 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 7 contracts

Samples: Securitization Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar6), Securitization Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar8), Securitization Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar4)

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on or before March 15th of each calendar year, commencing in 2008 2007 (or, if not a Business Day, on the immediately preceding Business Day), 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 5 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-9), Servicing Agreement (Lehman Mortgage Trust 2006-5), Servicing Agreement (Lehman Mortgage Trust 2006-8)

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on or before March 15th of each calendar year, commencing in 2008 2009 (or, if not a Business Day, on the immediately preceding Business Day), 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 2 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2008-2), Servicing Agreement (Lehman Mortgage Trust 2008-6)

Report on Assessment of Compliance with Applicable Servicing Criteria. 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, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day)2007, deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit H J attached hereto, as of and for the immediately preceding calendar year. Such report shall address all of the servicing criteria specified in Exhibit H. J. 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 (Sasco 2006-S3), Servicing Agreement (Sasco 2006-S2)

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on or before March 15th of each calendar year, commencing in 2008 2007 (or, if not a Business Day, on the immediately preceding Business Day), deliver to the Seller, the TrusteeSecurities Administrator, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 2 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-7), Servicing Agreement (Lehman Mortgage Trust 2006-6)

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Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on or before No later than March 15th of each calendar year, commencing in 2008 (or2007, if not a Business Day, on the immediately preceding Business Day), Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust Series 2006-12n)

Report on Assessment of Compliance with Applicable Servicing Criteria. 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, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day)2007, 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 J attached hereto, as of and for the immediately preceding calendar year. Such report shall address all of the servicing criteria specified in Exhibit H. J. 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 (Sasco 2006-S4)

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on On or before March 15th of each calendar year, commencing in 2008 (or2008, if not a Business Day, on the immediately preceding Business Day), Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust 2007-17h)

Report on Assessment of Compliance with Applicable Servicing Criteria. 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, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day)March 2007, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities Corp 2006-S1)

Report on Assessment of Compliance with Applicable Servicing Criteria. The Servicer shall, using its best reasonable efforts, on or before March 15th of each calendar year, commencing in 2008 (or, if not a Business Day, on the immediately preceding Business Day), deliver to the Seller, the TrusteeSecurities Administrator, 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 immediately preceding calendar year. Such report shall address all 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 as provided in Section 5.02.

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-10)

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