Common use of Annual Independent Accountants’ Report Clause in Contracts

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating Agencies, on or before February 1 of each year, beginning February 1, 1995 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trustee, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating Agencies, on or before February 1 of each year, beginning February 1, 1995 2002 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trustee, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating Agencies, on or before February 1 of each year, beginning February 1, 1995 2003 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trustee, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating Agencies, on or before February 1 of each year, beginning February 1, 1995 1996 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trustee, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the SellerTransferor, to deliver to each Trustee and the Rating AgenciesFunding Agent, on or before February 1 of each year, beginning February 1, 1995 2000 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trusteethe Funding Agent, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes retail notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes retail notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating Agencies, on or before February 1 of each year, beginning February 1, 1995 1998 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trustee, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating Agencies, on or before February 1 of each year, beginning February 1, 1995 1997 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trustee, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program"), to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. ARTICLE 1.2 (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating AgenciesAgent, on or before February 1 of each year, beginning February 1, 1995 2001 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date date of this Agreement to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trusteethe Agent, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes retail notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program,"), ) to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes retail notes serviced for others that, in the firm's firm*s opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating AgenciesAgent, on or before February 1 of each year, beginning February 1, 1995 2002 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date date of this Agreement to the date of such certificate), a report (the "Accountants' Report") addressed to the board of ------------------- directors of the Servicer and to each Trusteethe Agent, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes retail notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program,"), ) to the extent the procedures in the Program ------- are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes retail notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating AgenciesAgent, on or before February 1 of each year, beginning February 1, 1995 2005 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date date of this Agreement to the date of such certificate), a report (the "Accountants' Report") addressed to the board of directors of the Servicer and to each Trusteethe Agent, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes retail notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "Program,"), ) to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes retail notes serviced for others that, in the firm's opinion, paragraph four of the Program requires such firm to report.

Annual Independent Accountants’ Report. (a) The Servicer shall cause a firm of independent accountants, who may also render other services to the Servicer or the Seller, to deliver to each Trustee and the Rating AgenciesAgent, on or before February 1 of each year, beginning February 1, 1995 2006 with respect to the twelve months ended on the immediately preceding October 31 (or, with respect to the first such report, such period as shall have elapsed from the Closing Date date of this Agreement to the date of such certificate), a report (the "“Accountants' ’ Report"”) addressed to the board of directors of the Servicer and to each Trusteethe Agent, to the effect that such firm has audited the financial statements of the Servicer and issued its report thereon and that such audit (i) was made in accordance with generally accepted auditing standards, (ii) included tests relating to Retail Notes retail notes serviced for others in accordance with the requirements of the Uniform Single Audit Program for Mortgage Bankers (the "“Program"), ,”) to the extent the procedures in the Program are applicable to the servicing obligations set forth in this Agreement and (iii) except as described in the report, disclosed no exceptions or errors in the records relating to Retail Notes retail notes serviced for others that, in the firm's ’s opinion, paragraph four of the Program requires such firm to report.