Common use of Annual Audit Report Clause in Contracts

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999, to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999, 2004 to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999200_, to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999, 2006 to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's ’s internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "“Assertion"”) and that, on the basis of such examination, such firm is of the opinion that the Servicer's ’s Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's ’s report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 19992002, to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999, 2005 to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999, 2003 to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(aSECTION 4.9(A) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999, 2003 to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either EITHER (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 19992002, to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 19991998, to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, Date in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures:

Annual Audit Report. The Servicer shall cause a firm of independent public accountants (which may provide other services to the Servicer or the Seller) to prepare a report (with a copy of the certificate described in Section 4.9(a) attached) addressed to the Board of Directors of the Servicer, for the information and use of the Indenture Trustee, the Owner Trustee and the Rating Agencies on or before March of each year, beginning March 31, 1999____, to the effect that, with respect to the twelve months ended the preceding December 31 (or the period since the Cutoff Date, in the case of the first such certificate), such firm has either (A) examined a written assertion by the Servicer about the effectiveness of the Servicer's internal control structure over the processing and reporting of transactions relating to securitized automobile loans with respect to the criteria set forth by the Servicer (the "Assertion") and that, on the basis of such examination, such firm is of the opinion that the Servicer's Assertion is fairly stated in all material respects except for (i) such exceptions as such firm believes to be immaterial and (ii) such other exceptions as shall be set forth in such firm's report, or (B) such firm has performed the following procedures: