Common use of Report on Attestation of Compliance with Applicable Servicing Criteria Clause in Contracts

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall on or before March 15th of each calendar year, commencing in 2007, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall on or before March 15th of each calendar year, commencing in 2007, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB.

Appears in 5 contracts

Sources: Subservicing Agreement (Sasco 2006-Bc3), Subservicing Agreement (Sasco 2006-Bc2), Subservicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall cause, on or before March 15th of each calendar year, commencing beginning in 20072008, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing beginning in 20072008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB.

Appears in 5 contracts

Sources: Servicing Agreement (Lehman XS Trust Series 2007-20n), Servicing Agreement (Lehman XS Trust Series 2007-7n), Servicing Agreement (Lehman XS Trust Series 2007-15n)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 20072008, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing in 20072008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation ABParticipating Entity.

Appears in 2 contracts

Sources: Servicing Agreement (Structured Asset Securities CORP 2007-Bc1), Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 20072008, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Securities Administrator and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing in 20072008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Securities Administrator and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation ABParticipating Entity.

Appears in 1 contract

Sources: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc3)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer or consolidated financial statements of its parent and (ii) a report to the effect that such firm attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB.

Appears in 1 contract

Sources: Trust Agreement (Sasco 2006-S2)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall on or before By March 15th of each calendar year, commencing beginning in 2007March 2008, the Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the SellerMaster Servicer, the Depositor and, at its request, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer Insurer (i) year-end audited (if available) consolidated financial statements of the Servicer and (ii) a report to the effect that of such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 5.07 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, by March 15, 2008, the Servicer shall on or before March 15th of each calendar year, commencing in 2007shall, at its own expense, furnish to the SellerDepositor, the Master Servicer and, at its request, the NIMS Insurer, the Trustee, the Depositor and Master Servicer Insurer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB (each, without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB, a “Participating Entity”).

Appears in 1 contract

Sources: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the NIMS Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that of such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, using its best reasonable efforts, on or before March 15th of each calendar year, commencing in 2007, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB.

Appears in 1 contract

Sources: Servicing Agreement (Sasco 2006-Bc2)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm that attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation ABParticipating Entity.

Appears in 1 contract

Sources: Servicing Agreement (BNC Mortgage Loan Trust 2006-1)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a report to the effect that such firm attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing in 2007, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation ABParticipating Entity.

Appears in 1 contract

Sources: Servicing Agreement (Sasco 2006-S3)

Report on Attestation of Compliance with Applicable Servicing Criteria. The Servicer shall shall, on or before March 15th of each calendar year, commencing in 20072008, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer or consolidated financial statements of its parent and (ii) a report to the effect that such firm attests to, and reports on, the assessment made by such asserting party pursuant to Section 5.04 below, which report shall be made in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board. In addition, the Servicer shall shall, on or before March 15th of each calendar year, commencing in 20072008, at its own expense, furnish to the Seller, the NIMS Insurer, the Trustee, the Depositor and Master Servicer a report meeting the requirements of clause (ii) above regarding the attestation of any Subservicer or Subcontractor which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB.

Appears in 1 contract

Sources: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Osi)