Common use of Report on Assessment of Compliance with Applicable Servicing Criteria Clause in Contracts

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 of each calendar year, beginning with March 1, 2007, the Special Servicer shall deliver to the Seller, the Trustee, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer is performing all of the servicing criteria specified in Exhibit J. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer as provided in Section 5.04.

Appears in 4 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-6), Servicing Agreement (Lehman Mortgage Trust 2006-8), Servicing Agreement (Lehman Mortgage Trust 2006-2)

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Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 15th of each calendar year, beginning with March 115, 20072008, the Special Servicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J H attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer is performing all any of the servicing criteria specified in Exhibit J. H. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer as provided in Section 5.045.07.

Appears in 4 contracts

Samples: Securitization Servicing Agreement (Lehman XS Trust Series 2007-15n), Securitization Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar2), Securitization Servicing Agreement (Lehman XS 2007-4n)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 of each calendar year, beginning with March 1, 20072009, the Special Servicer shall deliver to the Seller, the Trustee, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer is performing all of the servicing criteria specified in Exhibit J. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer as provided in Section 5.04.

Appears in 2 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2008-6), Special Servicing Agreement (Lehman Mortgage Trust 2008-2)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 of each calendar year, beginning with March 1, 20072008, the Special Servicer shall deliver to the Seller, the Trustee, the Securities Administrator, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer is performing all of the servicing criteria specified in Exhibit J. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer as provided in Section 5.04.

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-10)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 of each calendar year, beginning with March 1, 2007, the Special Servicer shall deliver to the Seller, the Trustee, the Securities Administrator, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer is performing all of the servicing criteria specified in Exhibit J. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer as provided in Section 5.04.

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-7)

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Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 15th of each calendar year, beginning with March 115, 2007, the Special Servicer Subservicer shall deliver to the Seller, the Trustee, the NIMS Insurer, the Servicer, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J H attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer Subservicer is performing all any of the servicing criteria specified in Exhibit J. H. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer Subservicer as provided in Section 5.045.07.

Appears in 1 contract

Samples: Securitization Subservicing Agreement (Lehman XS Trust Series 2006-Gp2)

Report on Assessment of Compliance with Applicable Servicing Criteria. On or before March 1 of each calendar year, beginning with March 1, 2007, the Special Servicer shall deliver to the Seller, the Trustee, the Trustee, the Master Servicer and the Depositor a report regarding its assessment of compliance with the servicing criteria identified in Exhibit J attached hereto, as of and for the period ending the end of the fiscal year ending no later than December 31 of the year prior to the year of delivery of the report, with respect to asset-backed security transactions taken as a whole in which the Special Servicer is performing all of the servicing criteria specified in Exhibit J. Each such report shall include (a) a statement of the party’s responsibility for assessing compliance with the servicing criteria applicable to such party, (b) a statement that such party used the criteria identified in Item 1122(d) of Regulation AB (§ 229.1122(d)) to assess compliance with the applicable servicing criteria, (c) disclosure of any material instance of noncompliance identified by such party, and (d) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the applicable servicing criteria, which report shall be delivered by the Special Servicer as provided in Section 5.04.

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-9)

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