Common use of Annual Audit Report Clause in Contracts

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, 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 Seller, the Trustee, the Depositor, the NIMS Insurer, if required, and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the Servicer The Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish furnish, as soon as practicable in each year beginning with 2006, but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such ServicerSubservicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the ServicerSubservicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th 15 of each calendar year, the Servicer Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such ServicerSubservicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the ServicerSubservicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 20052004, but in no event later than March 15th of each year, 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 Seller, the Trustee, the Depositor, the NIMS Insurer, if required, and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the Servicer The Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish furnish, as soon as practicable in each year beginning with 2005, but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such ServicerSubservicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the ServicerSubservicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the 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 furnish, as soon as practicable in each year beginning with 2005, but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each Not more than ninety days after the end of the Servicer’s fiscal year beginning commencing with 2005the fiscal year ending April 30, but in no event later than March 15th of each year2003, 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 Seller, the Trustee, the Depositoreach Seller (with respect to its related Mortgage Loans), the NIMS Insurer, if required, Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the 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 furnish, as soon as practicable in each year beginning with 2006, but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each Not more than ninety days after the end of the Servicer's fiscal year beginning commencing with 2005the fiscal year ending April 30, but in no event later than March 15th of each year2002, 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 Seller, the Trustee, the Depositoreach Seller (with respect to its related Mortgage Loans), the NIMS Insurer, if required, Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s 's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s 's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the Servicer The Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish furnish, as soon as practicable in each year beginning with 2006, but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s Subservicer's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s Subservicer's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th On or before February 28th of each year, beginning with February 28, 2004, 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 each Seller (with respect to its related Mortgage Loans), the SellerNIMS Insurer, the Trustee, the Depositor, the NIMS Insurer, if required, Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in Not later than the last day of February of each year beginning commencing with 2005, but in no event later than March 15th of each yearthe year 2004, 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 each Seller (with respect to its related Mortgage Loans), the SellerNIMS Insurer, the Trustee, the Depositor, the NIMS Insurer, if required, Depositor and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the 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 furnish, as soon as practicable in each year beginning with 200[ ], but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 20052006, but in no event later than March 15th 15 of each calendar year, the Servicer Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer, if required, and the Master Servicer and the Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such ServicerSubservicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the ServicerSubservicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 2005, but in no event later than March 15th of each year, the 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 furnish, as soon as practicable in each year beginning with 2006, but in no event later than March 15 of each calendar year, to the Seller, the TrusteeMaster Servicer, the Depositor, the NIMS Insurer, if required, Indenture Trustee and the Master Servicer Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s 's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s 's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each Not more than ninety days after the end of the Servicer's fiscal year beginning commencing with 2005the fiscal year ending April 30, but in no event later than March 15th of each year2003, 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 Seller, the Trustee, the Depositoreach Seller (with respect to its related Mortgage Loans), the NIMS Insurer, if required, Insurer and the Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer’s 's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the Servicer’s 's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.

Annual Audit Report. As soon as practicable in each year beginning with 20052004, but in no event later than March 15th 15 of each calendar year, the Servicer Subservicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to the ServicerSubservicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller, the Trustee, the Depositor, the NIMS Insurer, if required, and the Master Servicer and the Sarbanes Certifying Party (i) year-end audited (if available) financial statements of the Servicer Subservicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such ServicerSubservicer’s duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that the ServicerSubservicer’s overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement.