Management Assertion definition

Management Assertion. As defined in Section 4.5.
Sample 1Sample 2Sample 3

Examples of Management Assertion in a sentence

  • Management Assertion March 3, 2005 As of and for the year ended December 31, 2005, Countrywide Financial Corporation and subsidiaries, including its wholly-owned subsidiary, Countrywide Home Loans, Inc.

  • Except as noted on the Management Assertion on Compliance with USAP, to the best of the undersigned Officer's knowledge, based on such review, the Servicer has fulfilled all of its obligations as set forth in the Servicing Agreement.

  • CohnReznick LLP reissuance attestation report - Report of Independent Registered Public Accounting firm is dual dated February 25, 2020, except for Management Assertion 3 which is dated March 23, 2020.CWCapital Asset Management LLCBy: /s/ James P.

  • CohnReznick LLP reissuance attestation report - Report of Independent Registered Public Accounting firm is dual dated February 25, 2020, except for Management Assertion 3 which is dated March 23, 2020.CWCapital Asset Management LLCBy:/s/ James P.

  • Such noncompliance is described in the accompanying Management Assertion on Compliance with USAP.

  • In our opinion, management's assertion that OLS complied with the aforementioned minimum servicing standards, except for noncompliance as described in the accompanying Management Assertion on Compliance with USAP, as of and for the year ended December 31, 2005 is fairly stated, in all material respects.

  • Our examination disclosed noncompliance with minimum servicing standards related to custodial account reconciliations and adjustments on adjustable rate mortgages applicable to OLS during the year ended December 31, 2005 which is described in the accompanying Management Assertion on Compliance with USAP.

  • Option One Mortgage logo] [H&R Block logo] Management Assertion As of and for the year ended December 31, 2005, Option One Mortgage Corporation Complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers.

  • The Board of Directors Norwest Mortgage, Inc.: We have examined management's assertion about Norwest Mortgage Banking's compliance with the minimum servicing standards set forth in the Mortgage Bankers Association of America's UNIFORM SINGLE ATTESTATION PROGRAM FOR MORTGAGE BANKERS (USAP) as of and for the year ended December 31, 1997, included in the accompanying Management Assertion.

  • Attached to this Management Assertion are the independent auditors' reports on the subservcing organizations' compliance with the minimum servicing standards related to the servicing obligations performed.

Related to Management Assertion

  • Independent Assets or Operations means, with respect to any such parent company, that such parent company’s total assets, revenues, income from continuing operations before income taxes and cash flows from operating activities (excluding in each case amounts related to its investment in the Issuer and the Restricted Subsidiaries), determined in accordance with GAAP and as shown on the most recent balance sheet of such parent company, is more than 3.0% of such parent company’s corresponding consolidated amount.

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Management Accounts Date means 30 September 2010;

  • Management means an activity inclusive of control and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person may be designated, and whether or not that person is a director.

  • Construction management at-risk means a project delivery method in which the District awards separate contracts, one for architectural and engineering services to design an infrastructure facility and the second to a construction manager at-risk for both construction of the infrastructure facility according to the design and construction management services.

  • Management Services Agreement has the meaning set forth in Section 2.1(d).

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);

  • Approved Operating Expenses operating expenses incurred by Borrower which (i) are included in the Approved Operating Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Property or (iii) have been approved by Lender, such approval not to be unreasonably withheld, conditioned or delayed.

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Independent System Operator means a person that may receive or has received, by transfer pursuant

  • Independent living means a planned program of services designed to assist a child age 16 and over

  • management body means a management body as defined in Article 4(1)(36) of Directive 2014/65/EU;