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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 7 contracts

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

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Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 7 contracts

Samples: Servicing Agreement (LXS 2006-7), Servicing Agreement (Lehman XS Trust, Series 2006-8), Servicing Agreement (Lehman XS Trust 2006-3)

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any (x) Subservicer or (y) Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect and for which the Servicer does not elect to any threshold limitations take responsibility for assessing compliance with the servicing criteria in Instruction 2. to Item 1122 of accordance with Regulation AB, a “Participating Entity”)AB Telephone Interpretation 17.06.

Appears in 6 contracts

Samples: Servicing Agreement (Lehman XS Trust 2007-9), Servicing Agreement (Lehman XS Trust 2007-14h), Servicing Agreement (Lehman XS Trust 2007-6)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 5 contracts

Samples: Securitization Servicing Agreement (Sail 2006-3), Securitization Servicing Agreement (Sasco 2006-Am1), Securitization Servicing Agreement (Sail 2006-Bnc2)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st 15th of each calendar year, beginning with March 115, 20072008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st 15th of each calendar year, beginning with March 115, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 4 contracts

Samples: Securitization Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar2), Securitization Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar1), Securitization Servicing Agreement (Lehman XS 2007-4n)

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall cause, using its reasonable best efforts, on or before March 1st (but in no event later than March 15th) of each calendar year, beginning with March 1, in 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st (but in no event later than March 15th) of each calendar year, beginning with March 1, in 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is "participating in the servicing function" within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a "Participating Entity").

Appears in 3 contracts

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-2), Servicing Agreement (Sasco 2006-3h), Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-1)

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is "participating in the servicing function" within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 3 contracts

Samples: Servicing Agreement (Lehman XS Trust 2007-1), Servicing Agreement (Lehman XS Trust 2007-5h), Servicing Agreement (LXS 2007-3)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before Using reasonable best efforts by March 1st 1st, but in no event later than March 15th of each calendar year, beginning with March 115, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before using reasonable best efforts by March 1st 1st, but in no event later than March 15th of each calendar year, beginning with March 115, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

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 Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 3 contracts

Samples: Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2006-1), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2006-Bnc1), Securitization Servicing Agreement (Sail 2006-2)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expenseexpense or at the expense of the related Subservicer or Subcontractor, furnish (or cause to be furnished) to the SellerSeller , the NIMS Insurer, the Trustee, the Depositor and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and for which the Servicer does not elect to take responsibility for assessing compliance with the applicable servicing criteria in accordance with Regulation AB Telephone Interpretation 17.06 (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 2 contracts

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 15th of each calendar year, beginning with March 1commencing in 2007 (or, 2007if not a Business Day, on the Servicer shallimmediately preceding Business Day), at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the TrusteeSecurities Administrator, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the TrusteeSecurities Administrator, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is "participating in the servicing function" within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 2 contracts

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is "participating in the servicing function" within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 2 contracts

Samples: Servicing Agreement (Lehman XS Trust 2006-17), Servicing Agreement (Lehman XS 2006-13)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Securities Administrator, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Securities Administrator and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

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 Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that of such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with commencing in March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before No later than March 1st 15th of each calendar year, beginning with March 1, commencing in 2007, the Servicer shallServicer, at its own expense, shall cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before no later than March 1st 15th of each calendar year, beginning with March 1, commencing in 2007, the Servicer shallServicer, at its own expense, shall furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st 15th of each calendar year, beginning with March 115, 2007, the Servicer Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Servicer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st 15th of each calendar year, beginning with March 115, 2007, the Servicer Subservicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Servicer and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Third Party Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

Samples: Securitization Subservicing Agreement (Lehman XS Trust Series 2006-Gp2)

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, on or before March 1st 15th of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, on or before March 1st 15th of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any (x) Subservicer or (y) Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect and for which the Servicer does not elect to any threshold limitations take responsibility for assessing compliance with the servicing criteria in Instruction 2. to Item 1122 of accordance with Regulation AB, a “Participating Entity”)AB Telephone Interpretation 17.06.

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 15th of each calendar year, beginning with March 1commencing in 2008 (or, 2007if not a Business Day, on the Servicer shallimmediately preceding Business Day), at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the TrusteeSecurities Administrator, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2008, at its own expense, furnish to the Seller, the NIMS Insurer, the TrusteeSecurities Administrator, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any (x) Subservicer or (y) Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect and for which the Servicer does not elect to any threshold limitations take responsibility for assessing compliance with the servicing criteria in Instruction 2. to Item 1122 of accordance with Regulation AB, a “Participating Entity”)AB Telephone Interpretation 17.06.

Appears in 1 contract

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

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Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and for which the Servicer does not elect to take responsibility for assessing compliance with the applicable servicing criteria in accordance with Regulation AB Telephone Interpretation 17.06 (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP 2007-Bc1)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall cause, using its reasonable best efforts, on or before March 1st (but in no event later than March 15th) of each calendar year, beginning with March 1, in 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, using its best reasonable efforts, on or before March 1st (but in no event later than March 15th) of each calendar year, beginning with March 1, in 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, using its best reasonable efforts, on or before March 1st 1st, but in no event later than March 15th, of each calendar year, beginning with March 1, commencing in 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that of such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-1)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st 15th of each calendar year, beginning with March 115, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st 15th of each calendar year, beginning with March 115, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer shall, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Investment Loan Trust 2006-1)

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072009, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 20072009, the Servicer shall, at its own expenseexpense or at the expense of the related Subservicer or Subcontractor, furnish (or cause to be furnished) to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any (x) Subservicer or (y) Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and for which the Servicer does not elect to take responsibility for assessing compliance with the servicing criteria in accordance with Regulation AB Telephone Interpretation 17.06 (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On The Servicer shall, on or before March 1st 15th of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2009, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor, the NIMS Insurer Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall, on or before March 1st 15th of each calendar year, beginning with March 1, 2007, the Servicer shallcommencing in 2009, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (eachParticipating Entity; provided, without that with respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, Subcontractor that is a Participating Entity”), such report shall only address such Subcontractor if the Servicer does not elect to take responsibility for assessing compliance by such Subcontractor with the servicing criteria in accordance with Regulation AB Telephone Interpretation 17.06.

Appears in 1 contract

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

Report on Attestation of Compliance with Applicable Servicing Criteria. On or before March 1st of each calendar year, beginning with March 1, 20072009, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, on or before March 1st of each calendar year, beginning with March 1, 20072009, the Servicer shall, at its own expenseexpense or at the expense of the related Subservicer or Subcontractor, furnish (or cause to be furnished) to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is determined by the Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and for which the Servicer does not elect to take responsibility for assessing compliance with the applicable servicing criteria in accordance with Regulation AB Telephone Interpretation 17.06 (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

Samples: Securitization Servicing Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

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