Annual Statement of Compliance definition

Annual Statement of Compliance. As defined in Section 3.13.
Annual Statement of Compliance. The Officer’s Certificate required to be delivered by the Issuing Entity, pursuant to Section 3.9 of the AART Indenture or the officer’s certificate required to be delivered by the Administrator pursuant to Section 4.01 of the Administration Agreement, as applicable.
Annual Statement of Compliance. The annual statement to be prepared and delivered by the Servicer in accordance with Section 3.

Examples of Annual Statement of Compliance in a sentence

  • Such Annual Statement of Compliance shall contain no restrictions or limitations on its use.

  • If the Master Servicer cannot deliver the related Annual Statement of Compliance by February 28th of such year, the Trustee, at its sole option, may permit a cure period for the Master Servicer to deliver such Annual Statement of Compliance, but in no event later than March 10th of such year.

  • In the event that the Master Servicer or the Trustee has delegated any servicing responsibilities with respect to the Mortgage Loans to a subservicer or subcontractor, such servicer or subcontractor shall be directed by such delegating party to deliver a similar Annual Statement of Compliance by such subservicer or subcontractor to the Master Servicer, the Depositor and the Trustee as described above as and when required with respect to the Master Servicer and the Trustee.

  • The Master Servicer shall enforce the obligations of each Servicer, to the extent set forth in the related Servicing Agreement, to deliver a similar Annual Statement of Compliance by that Servicer to the Depositor and the Securities Administrator as described above as and when required with respect to the Master Servicer.

  • The Servicer shall be responsible for obtaining from each Subservicer and delivering to the Depositor any Annual Statement of Compliance required to be delivered by such Subservicer under Section 3.16(a), any Assessment of Compliance and Attestation Report required to be delivered by such Subservicer under Section 3.17 and any Annual Certification required under Section 3.16(b) as and when required to be delivered.


More Definitions of Annual Statement of Compliance

Annual Statement of Compliance. Shall have the meaning set forth in Section 6.06.
Annual Statement of Compliance. The statement of compliance as required by Section 11.04 of Exhibit D hereto.
Annual Statement of Compliance. A report prepared by a responsible officer of the Servicer detailing any exceptions to the Servicer's fulfillment of its obligations under this Agreement."
Annual Statement of Compliance shall have the meaning assigned thereto in Section 4.04 of this Agreement. Depositor: [DEPOSITOR].
Annual Statement of Compliance. The Officer’s Certificate issued by the Servicer pursuant to Section 7.04(a) of this Agreement.
Annual Statement of Compliance. An officer’s certificate stating that (i) the Servicer has complied in all material respects with the provisions of Section 11 of the Servicing Agreement, as amended hereby, (ii) a review of the activities of the Servicer during the preceding calendar year and of performance of the Servicing Agreement, as amended hereby, has been made under such supervision of the officers signing such officer’s certificate, and (iii) to the best of such officer’s knowledge based on such review, the Servicer has fulfilled all its obligations under the Servicing Agreement, as amended hereby, throughout such calendar year, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof and the action being taken by the Servicer to cure such default.
Annual Statement of Compliance. The statement of compliance as required by Section 11.04 of Exhibit D hereto. Replacing the definition of Assessment of Compliance in its entirety with the following: