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 prior to the Closing Date, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer 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 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 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.

Report on Assessment of Compliance with Applicable Servicing Criteria. On or prior to the Closing Date, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer 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 The Servicer shall, using its best reasonable efforts, on or before March 1 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the 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 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 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.

Report on Assessment of Compliance with Applicable Servicing Criteria. On or prior to the Closing Date, the Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer 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 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 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 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.

Report on Assessment of Compliance with Applicable Servicing Criteria. On or prior to the Closing Date, the Special Servicer shall deliver to the Seller, the Trustee, the Master Servicer and the Depositor a certification in the form of Exhibit H J attached hereto regarding the items it will address in its assessment of compliance with the servicing criteria under this Section 5.045.06. On or before March 1 of each calendar year, beginning with March 1, 2007, the Special 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 J attached hereto, as of and for the 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 any of the servicing criteria specified in Exhibit H J 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 Special Servicer as provided in Section 5.025.04.

Report on Assessment of Compliance with Applicable Servicing Criteria. On or prior to the Closing Date, the Servicer shall deliver to the Seller, the Trustee, the Master Servicer 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 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 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 '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 (§ ss. 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 's assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Servicer as provided in Section 5.02.