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 and each Rating Agency, within 120 days after the end of the Servicer's fiscal year, an Officer's Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations 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.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2001-A), Sale and Servicing Agreement (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A), Sale and Servicing Agreement (National City Auto Receivables Trust 2002-A)

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Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 ninety (90) days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2022), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations under this Agreement has been made under such officer's ’s supervision and (ii) to the best of 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2022-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2022-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 ninety (90) days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2019), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations under this Agreement has been made under such officer's ’s supervision and (ii) to the best of 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2019-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2019-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 ninety (90) days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2020), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations under this Agreement has been made under such officer's ’s supervision and (ii) to the best of 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2020-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2020-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 ninety (90) days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2023), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations under this Agreement has been made under such officer's ’s supervision and (ii) to the best of 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2023-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2023-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2011), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2011-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2011-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2013), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Fs Securities LLC), Sale and Servicing Agreement (BMW Fs Securities LLC)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year 2016), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2016-A), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2016-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's fiscal yearyear (commencing with the fiscal year [____]), an Officer's Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations 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.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (BMW Fs Securities LLC), Sale and Servicing Agreement (BMW Fs Securities LLC)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's ’s fiscal yearyear (commencing with the fiscal year [_____]), an Officer's ’s Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's ’s Certificate) and of the performance of its obligations 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (BMW Fs Securities LLC)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's fiscal yearyear (commencing with the fiscal year 2010), an Officer's Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2010-A)

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Annual Statement as to Compliance, Notice of Servicer Termination Event. (a1) The Servicer shall deliver to the Owner TrusteeAdministrative Agent, the Indenture Trustee Backup Servicer and each Rating Agency, within 120 days after the end on or before April 30 of the Servicer's fiscal each year, beginning on April 30, 2000, an Officer's Certificate signed by a Responsible Officer Certificate, dated as of December 31 of the Servicerpreceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter other period in as shall have elapsed from the case Effective Date to the date of the first such Officer's Certificatecertificate) and of the its performance of its obligations under this Agreement has been made under such officer's supervision 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 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Americredit Corp)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's fiscal yearyear (commencing with the fiscal year 2006), an Officer's Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2006-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeBackup Servicer, the Indenture Trustee and Collateral Agent, each Rating Agency, within 120 days after the end Borrower and the Agent, on or before March 31 of the Servicer's fiscal each year, beginning on March 31, 2002, an Officer's Certificate signed by a Responsible Officer Certificate, dated as of the Servicerimmediately preceding December 31, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter other period in as shall have elapsed from the case Closing Date to the date of the first such Officer's Certificatecertificate) and of the its performance of its obligations under this Agreement has been made under such officer's supervision 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 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.

Appears in 1 contract

Samples: Receivables Financing Agreement (MFN Financial Corp)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's fiscal year, an Officer's Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2004-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and each Rating Agency, within 120 90 days after the end of the Servicer's fiscal yearyear (commencing with the fiscal year 2005), an Officer's Certificate signed by a Responsible Officer of the Servicer, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (BMW Vehicle Owner Trust 2005-A)

Annual Statement as to Compliance, Notice of Servicer Termination Event. (a) The Servicer shall deliver to the Owner TrusteeAdministrative Agent, the Indenture Trustee Backup Servicer and each Rating Agency, within 120 days after the end on or before April 30 of the Servicer's fiscal each year, beginning on April 30, 2001, an Officer's Certificate signed by a Responsible Officer Certificate, dated as of December 31 of the Servicerpreceding year, stating that (i) a review of the activities of the Servicer during the preceding 12-month period (or such shorter other period in as shall have elapsed from the case Effective Date to the date of the first such Officer's Certificatecertificate) and of the its performance of its obligations under this Agreement has been made under such officer's supervision 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 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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Americredit Corp)

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