Annual Servicer definition

Annual Servicer s Certificate 25 Section 3.06 Annual Independent Public Accountants' Servicing Report 25 Section 3.07 Tax Treatment 26 Section 3.08 Notices to Transferor 27 Section 3.09 Dilution Factors 27 Section 3.10 Covenant to Maintain Privileges 27 ARTICLE IV RIGHTS OF CERTIFICATEHOLDERS AND ALLOCATION AND APPLICATION OF COLLECTIONS 27 Section 4.01 Rights of Certificateholders 27 Section 4.02 Establishment of Collection Account 28 Section 4.03 Collections and Allocations 29 Section 4.04 Daily Allocations of Collections Allocated to a Series 31 Section 4.05 Determination of Interest Distributable on Investor Certificate 31 Section 4.06 Determination of Principal Distributable on Investor Certificates 31 Section 4.07 Distributions from Series Collection Sub-subaccounts 31 Section 4.08 Funds Unrelated to Receivables 31 ARTICLE V DISTRIBUTIONS AND REPORTS TO CERTIFICATEHOLDERS 32 Section 5.01 Distributions 32 Section 5.02 Monthly Investor Certificateholders' Statement; Annual Tax Statement 32 ARTICLE VI THE CERTIFICATES 33 Section 6.01 The Certificates 33 Section 6.02 Authentication of Certificates 33 Section 6.03 Registration of Transfer and Exchange of Certificates 34 Section 6.04 Mutilated, Destroyed, Lost or Stolen Certificates 36 Section 6.05 Persons Deemed Owners 36 Section 6.06 Appointment of Paying Agent 37 Section 6.07 Access to List of Certificateholders' Names and Addresses 37 Section 6.08 Authenticating Agent 38 Section 6.09 New Issuances 39 Section 6.10 Book-Entry Certificates 40 Section 6.11 Notices to Clearing Agency 41 Section 6.12 Definitive Certificates 41 Section 6.13 Letter of Representations 42 ARTICLE VII OTHER MATTERS RELATING TO THE TRANSFEROR 42 Section 7.01 Liability of the Transferor 42 Section 7.02 Merger or Consolidation of, or Assumption of the Obligations of, the Transferor 42 Section 7.03 Limitation on Liability of the Transferor 43

Annual Servicer s Certificate 39 Section 3.06. Independent Public Accountants' Servicing Report 39 Section 3.07. Tax Treatment 41 Section 3.08. Notices to the Seller 41 Section 3.09. Adjustments 41 Section 3.10. Fidelity Bond and Errors and Omissions Insurance 42

Annual Servicer s certificate, the monthly payment instructions and notification to Trustee, the monthly Holder's statement, any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other paper or document, unless requested in writing so to do by Holders of Investor Certificates evidencing Undivided Interests aggregating more than 50% of the Investor Interest of any Series which could be adversely affected if Trustee does not perform such acts;

Examples of Annual Servicer in a sentence

• MINIMUM SERVICING STANDARDS The following list sets forth (i) certain of the Services provided for in the body of the Administration Agreement and (ii) certain of the functions required of the Cash Manager under the terms of the Cash Management Agreement, which together are known as the "minimum servicing standards" for purposes of Clause 5.7(b) (Independent Auditors' Annual Servicer Compliance Certificate) of the Administration Agreement.

• SCHEDULE 5 MINIMUM SERVICING STANDARDS The following list sets forth (i) certain of the Services provided for in the body of the Administration Agreement and (ii) certain of the functions required of the Cash Manager under the terms of the Cash Management Agreement, which together are known as the "minimum servicing standards" for purposes of Clause 5.7 (Independent Auditors' Annual Servicer Compliance Certificate) of the Administration Agreement.

• The Servicer shall assist WEST in the course of preparation of the Annual Servicer Audit.