Common use of SERVICER’S COVENANTS; DISTRIBUTIONS; RESERVE ACCOUNT Clause in Contracts

SERVICER’S COVENANTS; DISTRIBUTIONS; RESERVE ACCOUNT. STATEMENTS TO NOTEHOLDERS AND CERTIFICATEHOLDERS 9 SECTION 4.01 Annual Statement as to Compliance; Notice of Servicer Default 9 SECTION 4.02 Annual Report of Assessment of Compliance with Servicing Criteria 10 SECTION 4.03 Access to Certain Documentation and Information Regarding the Receivables 10 SECTION 4.04 Amendments to Schedule of Receivables 10 SECTION 4.05 Assignment of Administrative Receivables and Warranty Receivables 11 SECTION 4.06 Distributions 11 SECTION 4.07 Reserve Account 14 SECTION 4.08 Net Deposits 15 SECTION 4.09 Statements to Securityholders 15 SECTION 4.10 Compliance with the FDIC Rule 17 SECTION 5.01 Establishment of Accounts 17 SECTION 5.02 Collections 21 SECTION 5.03 Investment Earnings and Supplemental Servicing Fees 21 SECTION 5.04 Additional Deposits 21

SERVICER’S COVENANTS; DISTRIBUTIONS; RESERVE ACCOUNT. STATEMENTS TO NOTEHOLDERS AND CERTIFICATEHOLDERS 9 SECTION 4.01 Annual Statement as to Compliance; Notice of Servicer Default 9 9 SECTION 4.02 Annual Report of Assessment of Compliance with Servicing Criteria 10 SECTION 4.03 Access to Certain Documentation and Information Regarding the Receivables 10 SECTION 4.04 Amendments to Schedule of Receivables 10 SECTION 4.05 Assignment of Administrative Receivables and Warranty Receivables 11 SECTION 4.06 Distributions 11 SECTION 4.07 Reserve Account 14 13 SECTION 4.08 Net Deposits 15 14 SECTION 4.09 Statements to Securityholders 15 SECTION 4.10 Compliance with the FDIC Rule 17 16 SECTION 5.01 Establishment of Accounts 17 SECTION 5.02 Collections 21 20 SECTION 5.03 Investment Earnings and Supplemental Servicing Fees 21 20 SECTION 5.04 Additional Deposits 21