Common use of Servicer’s Accounting Clause in Contracts

Servicer’s Accounting. On each Determination Date under a Further Transfer and Servicing Agreement, the Servicer shall deliver to each of the trustees and other applicable parties under the Further Transfer and Servicing Agreements and to Ally Auto and the Rating Agencies a Servicer’s Accounting with respect to the immediately preceding Monthly Period executed by any Authorized Officer of the Servicer containing all information necessary to each such party for making any distributions required by the Further Transfer and Servicing Agreements, and all information necessary to each such party for sending any statements required under the Further Transfer and Servicing Agreements. Receivables to be purchased by the Servicer under Section 3.08 or 5.04 or to be repurchased by Ally Auto, the Seller or the Servicer under the Further Transfer and Servicing Agreements as of the last day of any Monthly Period shall be identified by Receivable number (as set forth in the Schedule of Receivables). With respect to any Receivables for which Ally Auto is the Owner, the Servicer shall deliver to Ally Auto such accountings relating to such Receivables and the actions of the Servicer with respect thereto as Ally Auto may reasonably request.

Servicer’s Accounting. On each Determination Date under a Further Transfer and Servicing Agreement, the Servicer shall deliver to each of the trustees and other applicable parties under the Further Transfer and Servicing Agreements and to Ally Auto CXXX and the Rating Agencies a Servicer’s Accounting with respect to the immediately preceding Monthly Period executed by the President or any Authorized Officer Vice President of the Servicer containing all information necessary to each such party for making any distributions required by the Further Transfer and Servicing Agreements, and all information necessary to each such party for sending any statements required under the Further Transfer and Servicing Agreements. Receivables to be purchased by the Servicer under Section Sections 3.08 or 5.04 or to be repurchased by Ally AutoCXXX, the Seller or the Servicer under the Further Transfer and Servicing Agreements as of the last day of any Monthly Period shall be identified by Receivable number (as set forth in the Schedule of Receivables). With respect to any Receivables for which Ally Auto CXXX is the Owner, the Servicer shall deliver to Ally Auto CXXX such accountings relating to such Receivables and the actions of the Servicer with respect thereto as Ally Auto CXXX may reasonably request.