Common use of Servicer Compliance Statement Clause in Contracts

Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate in the form of Exhibit K hereto, stating, as to each signer thereof, that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 7 contracts

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff14), Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ffa), Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff15)

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Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate substantially in the form of Exhibit K hereto, stating, as to each signer thereof, that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 4 contracts

Samples: Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-3), Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Osi), Securitization Servicing Agreement (Structured Asset Securities CORP 2007-Bc1)

Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Securities Administrator and the Master Servicer with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate substantially in the form of Exhibit K hereto, stating, as to each signer thereof, that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 4 contracts

Samples: Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2006-4), Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc6), Securitization Servicing Agreement (Sasco 2006-Am1)

Servicer Compliance Statement. (a) On The Seller shall use its reasonable best efforts to deliver to the Purchase, any Master Servicer and any Depositor, on or before March 1st 1st, but in no even later than March 15th of each calendar year, beginning with March 1, year commencing in 2007, a statement of compliance addressed to the ServicerPurchaser, at its own expense, will deliver to such Master Servicer and such Depositor and signed by an authorized officer of the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate in the form of Exhibit K hereto, stating, as to each signer thereof, effect that (1i) a review of the Seller’s activities of during the Servicer during such immediately preceding calendar year (or applicable portion thereof thereof) and of its performance under this Agreement for and any applicable Reconstitution Agreement during such period has been made under such Servicing Officerofficer’s supervision supervision, and (2ii) to the best of such officers’ knowledge, based on such review, the Servicer Seller has fulfilled all of its obligations under this Agreement and any applicable Reconstitution Agreement in all material respects throughout such calendar year (or applicable portion thereof), ) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer officer and the nature and the status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 3 contracts

Samples: Master Loan Purchase and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa2), Master Loan Purchase and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-1), Master Loan Purchase and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-3)

Servicer Compliance Statement. (a) On or before March 1st 10th of each calendar yearyear (with a five (5) day grace period and no later than March 15th), beginning with March 1, commencing in 2007, the Servicer, at its own expense, will Servicer shall deliver to the SellerPurchaser, any Master Servicer and any Depositor a statement of compliance addressed to the NIMS Insurer, the Trustee, the Purchaser and such Depositor and signed by an authorized officer of the Master Servicer with respect Servicer, to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate in the form of Exhibit K hereto, stating, as to each signer thereof, effect that (1i) a review of the Servicer’s activities of during the Servicer during such immediately preceding calendar year (or applicable portion thereof thereof) and of its performance under this Agreement for and any applicable Reconstitution Agreement during such period has been made under such Servicing Officerofficer’s supervision supervision, and (2ii) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement and any applicable Reconstitution Agreement in all material respects throughout such calendar year (or applicable portion thereof), ) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer officer and the nature and the status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 3 contracts

Samples: Reconstituted Servicing Agreement (HarborView 2007-2), Reconstituted Servicing Agreement (Harborview 2006-7), Reconstituted Servicing Agreement (HarborView 2007-5)

Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Securities Administrator and the Master Servicer with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate substantially in the form of Exhibit K hereto, stating, as to each signer thereof, that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-1), Securitization Servicing Agreement (BNC Mortgage Loan Trust 2007-2)

Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 20072009, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate substantially in the form of Exhibit K hereto, stating, as to each signer thereof, that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 2 contracts

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc4), Securitization Servicing Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

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Servicer Compliance Statement. (a) On or before March 1st 15th of each calendar year, beginning with March 1, commencing in 2007, the Servicer, at its own expense, will Servicer and the Subservicer shall deliver to any Master Servicer and the Seller, the NIMS Insurer, the Trustee, Depositor a statement of compliance addressed to such Master Servicer and the Depositor and signed by an authorized officer of the Master Servicer with respect and the Subservicer, to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate in the form of Exhibit K hereto, stating, as to each signer thereof, effect that (1a) a review of the Servicer’s or Subservicer’s activities of during the Servicer during such immediately preceding calendar year (or applicable portion thereof thereof) and of its performance under this Agreement for and any applicable Reconstitution Agreement during such period has been made under such Servicing Officerofficer’s supervision supervision, and (2b) to the best of such officers’ knowledge, based on such review, the Servicer or the Subservicer, as applicable, has fulfilled all of its obligations under this Agreement and any applicable Reconstitution Agreement in all material respects throughout such calendar year (or applicable portion thereof), ) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer officer and the nature and the status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 1 contract

Samples: Servicing Agreement (People's Financial Realty Mortgage Securities 2006-1)

Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 20072008, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor and the Master Servicer and the Securities Administrator with respect to the period ending on the immediately preceding December 31, a Servicing Officer’s certificate substantially in the form of Exhibit K hereto, stating, as to each signer thereof, that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 1 contract

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

Servicer Compliance Statement. (a) On or before March 1st of each calendar year, beginning with March 1, 2007, the Servicer, at its own expense, will deliver to the Seller, the NIMS Insurer, the Trustee, the Depositor Depositor, the Securities Administrator and the Master Servicer with respect to the period year ending on the immediately preceding December 31, a Servicing Officer’s certificate statement of compliance addressed to the Master Servicer substantially in the form of Exhibit K hereto, stating, as signed by an authorized officer of the Servicer to each signer thereof, the effect that (1) a review of the activities of the Servicer during such preceding calendar year or portion thereof and of its performance under this Agreement for such period has been made under such Servicing Officer’s supervision and (2) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement in all material respects throughout such year (or applicable portion thereof), or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such Servicing Officer and the nature and status thereof, including the steps being taken by the Servicer to remedy such default.

Appears in 1 contract

Samples: Securitization Servicing Agreement (Sail 2006-3)

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