Common use of Annual Statement as to Compliance, Notice of Servicer Termination Event Clause in Contracts

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 1999, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19991998, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992001, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19992000, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992003, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992003, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each the Rating AgencyAgencies, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992004, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992005, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, Master Servicer and the Security Insurer and each Rating AgencyMajority Noteholder, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992003, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall will deliver to the Owner Indenture Trustee, the Indenture Owner Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 19992004, an officerOfficer's certificate signed by any Responsible Officer of the ServicerCertificate, dated as of December 31 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have has elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall will deliver to the Owner Indenture Trustee, the Indenture Owner Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 19992006, an officerOfficer's certificate signed by any Responsible Officer of the ServicerCertificate, dated as of December 31 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have has elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992006, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Owner Trustee, [the Backup Servicer, ,] and the Security Insurer and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 1999, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of the preceding December 31 (or other applicable date) of the immediately preceding year), stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall will deliver to the Owner Indenture Trustee, the Indenture Owner Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 19992003, an officerOfficer's certificate signed by any Responsible Officer of the ServicerCertificate, dated as of December 31 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have has elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer Servicer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992003, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment fulfilment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-12- month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Agents, the Administrative Agent and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992009, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer Insurer, the Borrower, and each Rating Agencythe Agent, on or before March December 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 1999the first December 31 (or other applicable date) next following the date that is six months after the Closing Date, an officerOfficer's certificate signed by any Responsible Officer of the ServicerCertificate, dated as of December 31 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer JPMD and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeTrust, the Indenture Trustee, the Backup Servicer, the Security Insurer and each Rating Agencyof Standard & Poor's and Fitch, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19992000, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and Designated Backup Subservicer, the Insurer, the Initial Purchaser, each Rating AgencyAgency and any Note Owner upon written request of such Note Owner to the Trust Collateral Agent, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) April 30 of each year, beginning on March 31April 30, 19992002, an officerOfficer's certificate signed by any Responsible Officer of the ServicerCertificate, to be dated as of December 31 (or other applicable date) of the immediately preceding yearDecember 31, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its material obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer Xxxxxx and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Initial Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 1999, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or - 42 - such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992004, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall Back to Contents have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeIssuer, the Indenture Placement Agent, the Trustee, the Backup Servicer, the Security Insurer Insurer, the Noteholders and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 19991998, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of the immediately preceding December 31 (or other applicable date) of the immediately preceding year), stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date (or the date a successor Servicer began to act as Servicer hereunder) to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Agents, the Administrative Agent and each the Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992010, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six (6) months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeIssuer, the Indenture Trustee, the Backup Servicer, the Security Insurer Trustee and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19992001, an officer's a certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeIssuer, each Agent, the Indenture Trustee, the Backup Servicer, the Security Insurer Insurer, the Collateral Agent and each Rating Agency, on or before March 31 31, (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 31, (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19991998, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver or cause to be delivered to the Trustee, the Noteholders, the Owner Trustee, the Indenture Trustee, the Backup Successor Servicer, the Security Trust Collateral Agent, the Rating Agency and the Insurer and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the 36 Sale and Servicing Agreement Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 19992003, an officerOfficer's certificate Certificate signed by any Responsible Officer responsible officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer Servicer, has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture TrusteeCustodian, the Backup Servicer, the Security Insurer Servicer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992003, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officerResponsible Officer's supervision, and (ii) to such officerResponsible Officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment fulfilment of any such obligation, specifying each such default known to such officer Responsible Officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeTrust, the Indenture Trustee, the Backup Servicer, the Security Note Insurer and each the Rating AgencyAgencies, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19992000, an officer's certificate signed by any Responsible Officer an authorized officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Agents, the Administrative Agent and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992002, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March 31 (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 (or other applicable date) of the immediately preceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Indenture Trustee, the Owner Trustee, the Indenture TrusteeNote Insurer, the Backup Servicer, and the Security Insurer and each Rating Agency, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31April 30, 19992000, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of the preceding December 31 (or other applicable date) of the immediately preceding year), stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeIssuer, the Agent, the Indenture Trustee, the Backup Servicer, the Security Insurer Insurer, the Collateral Agent and each Rating Agency, on or before March 31 31, (or 90 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 19991997, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 31, (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 1999, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer Insurer, the Certificateholders and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19991996, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeIssuer, the Indenture Trustee, the Backup Servicer, the Security Insurer Insurer, the Noteholders and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19991996, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Agents and each Rating Agencythe Administrative Agent, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992008, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Agents, the Administrative Agent and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992002, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992006, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.. Back to Contents

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the Backup Servicer, the Security Insurer Borrower and each Rating Agencythe Agent, on or before March 31 April 30 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31) of each year, beginning on March 31, 1999the first April 30 (or other applicable date) next following the date that is six months after the Closing Date, an officerOfficer's certificate signed by any Responsible Officer of the ServicerCertificate, dated as of December 31 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Servicer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992001, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeNote Insurer, the Indenture TrusteeTrust, and the Backup Servicer, the Security Insurer and each Rating AgencyCollateral Agent, on or before March 31 September 30 (or 90 days after the end of the Servicer's fiscal year, if other than December 31June 30) of each year, beginning on March 31September 30, 19992001, an officer's certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificate) and of its performance under this Agreement has been made under such officer's supervision, and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Trustee, the Owner Trustee, the Indenture TrusteeTrust Collateral Agent, the Backup Servicer, the Security Insurer Servicer and each Rating Agency, on or before March October 31 (or 90 120 days after the end of the Servicer's ’s fiscal year, if other than December 31June 30) of each year, beginning on March October 31, 19992005, an officer's ’s certificate signed by any Responsible Officer of the Servicer, dated as of December 31 June 30 (or other applicable date) of the immediately preceding such year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such other period as shall have elapsed from the Closing Date to the date of the first such certificatecertificate (which period shall not be less than six months)) and of its performance under this Agreement has been made under such officer's ’s supervision, and (ii) to such officer's ’s knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such period, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof.