Common use of Assessment of Servicing Compliance Clause in Contracts

Assessment of Servicing Compliance. The Company shall deliver to the Purchaser or its designee on or before March 1st of each year, beginning March 1, 2007, a report reasonably satisfactory to the Purchaser regarding its assessment of compliance with Servicing Criteria as required by Rules 13a-18 and 15d-18 of the Securities Exchange Act and Item 1122 of Regulation AB, which as of the date hereof require a report by an authorized officer of the Company that contains the following: (a) A statement by such officer of its responsibility of assessing the Servicing Criteria applicable to the Company; (b) A statement by such officer that it used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the Company; (c) A statement by such officer of the Company’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31 and for the period covered by the preceding calendar year and disclosure of any material instance of noncompliance with respect thereto; (d) A statement that a registered public accounting firm has issued an attestation report on the Company’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31, and for the period covered by the preceding calendar year; and (e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Company (which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Company that are backed by the same asset type as the Mortgage Loans).

Assessment of Servicing Compliance. The Company Servicer shall deliver to the Purchaser Owner or its designee on or before March 1st 15th of each year, year beginning March 115, 2007, 2007 a report reasonably satisfactory to the Purchaser Owner regarding its assessment of compliance with Servicing Criteria as required by Rules 13a-18 and 15d-18 of the Securities Exchange Act and Item 1122 of Regulation AB, which as of the date hereof require a report by an authorized officer of the Company Servicer that contains the following: (a) A statement by such officer of its responsibility of assessing the Servicing Criteria applicable to the CompanyServicer; (b) A statement by such officer that it used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the CompanyServicer; (c) A statement by such officer of the CompanyServicer’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31 and for the period covered by the preceding calendar year and disclosure of any material instance of noncompliance with respect thereto; (d) A statement that a registered public accounting firm has issued an attestation report on the CompanyServicer’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31, and for the period covered by the preceding calendar year; and (e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Company Servicer (which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Company Servicer that are backed by the same asset type as the Mortgage Loans).

Assessment of Servicing Compliance. The Company shall deliver to the Purchaser or its designee on or before March 1st of each year, beginning March 1, 2007, a report reasonably satisfactory to the Purchaser regarding its assessment of compliance with Servicing Criteria as required by Rules 13a-18 and 15d-18 of the Securities Exchange Act and Item 1122 of Regulation AB, which as of the date hereof require a report by an authorized officer of the Company that contains the following: (a) A statement by such officer of its responsibility of assessing the Servicing Criteria applicable to the Company; (b) A statement by such officer that it used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the Company; (c) A statement by such officer of the Company’s 's compliance with the applicable Servicing Criteria as of the immediately preceding December 31 and for the period covered by the preceding calendar year and disclosure of any material instance of noncompliance with respect thereto; (d) A statement that a registered public accounting firm has issued an attestation report on the Company’s 's compliance with the applicable Servicing Criteria as of the immediately preceding December 31, and for the period covered by the preceding calendar year; and (e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Company (which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Company that are backed by the same asset type as the Mortgage Loans).

Assessment of Servicing Compliance. The Company Servicer shall deliver to the Purchaser Owner or its designee on or before March 1st 15th of each year, year beginning March 115, 2007, 2007 a report reasonably satisfactory to the Purchaser Owner regarding its assessment of compliance with Servicing Criteria as required by Rules 13a-18 and 15d-18 of the Securities Exchange Act and Item 1122 of Regulation AB, which as of the date hereof require a report by an authorized officer of the Company Servicer that contains the following: (a) A statement by such officer of its responsibility of assessing the Servicing Criteria applicable to the CompanyServicer; (b) A statement by such officer that it used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the CompanyServicer; (c) A statement by such officer of the Company’s Servicer's compliance with the applicable Servicing Criteria as of the immediately preceding December 31 and for the period covered by the preceding calendar year and disclosure of any material instance of noncompliance with respect thereto; (d) A statement that a registered public accounting firm has issued an attestation report on the Company’s Servicer's compliance with the applicable Servicing Criteria as of the immediately preceding December 31, and for the period covered by the preceding calendar year; and (e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Company Servicer (which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Company Servicer that are backed by the same asset type as the Mortgage Loans).

Assessment of Servicing Compliance. The Company Servicer shall deliver to the Purchaser or its designee on or before March 1st 15th of each year, beginning March 115, 2007, a report reasonably satisfactory to the Purchaser regarding its assessment of compliance with Servicing Criteria as required by Rules 13a-18 and 15d-18 of the Securities Exchange Act and Item 1122 of Regulation AB, which as of the date hereof require a report by an authorized officer of the Company Servicer that contains the following: (a) A statement by such officer of its responsibility of assessing the Servicing Criteria applicable to the CompanyServicer; (b) A statement by such officer that it used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the CompanyServicer; (c) A statement by such officer of the CompanyServicer’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31 and for the period covered by the preceding calendar year and disclosure of any material instance of noncompliance with respect thereto; (d) A statement that a registered public accounting firm has issued an attestation report on the CompanyServicer’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31, and for the period covered by the preceding calendar year; and (e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Company Servicer (which statement shall be based on the activities it performs with respect to asset-asset backed securities transactions taken as a whole involving the Company Servicer that are backed by the same asset type as the Mortgage Loans).

Assessment of Servicing Compliance. The Company Servicer shall deliver to the Purchaser or its designee on or before March 1st 15th of each year, year beginning March 115th, 2007, 2007 a report reasonably satisfactory to the Purchaser regarding its assessment of compliance with Servicing Criteria as required by Rules 13a-18 and 15d-18 of the Securities Exchange Act and Item 1122 of Regulation AB, which as of the date hereof require a report by an authorized officer of the Company Servicer that contains the following: (ai) A statement by such officer of its responsibility of assessing the Servicing Criteria applicable to the CompanyServicer; (bii) A statement by such officer that it used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the CompanyServicer; (ciii) A statement by such officer of the CompanyServicer’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31 and for the period covered by the preceding calendar year and disclosure of any material instance of noncompliance with respect thereto; (div) A statement that a registered public accounting firm has issued an attestation report on the CompanyServicer’s compliance with the applicable Servicing Criteria as of the immediately preceding December 31, and for the period covered by the preceding calendar year; and (ev) A statement as to which of the Servicing Criteria, if any, are not applicable to the Company Servicer (which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Company Servicer that are backed by the same asset type as the Mortgage Loans).