We undertake no responsibility to update this report for events and circumstances occurring after the date hereof. Accordingly, we make no representation and express no opinion or conclusion as to (a) the existence of the Receivables, (b) questions of legal or tax interpretation and (c) the accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by CardWorks, on behalf of the Issuer, that are described in this report. We have not verified, and we make no representation as to, the accuracy, completeness or reasonableness of the Source Documents or any other information provided to us by CardWorks, on behalf of the Issuer, upon which we relied in forming our findings. We were not requested to perform and we have not performed any procedures other than those listed in Attachment A. The Issuer is responsible for the Data File, Source Documents, Sample Characteristics and the determination of the instructions, assumptions and methodologies that are described herein. The procedures included in Attachment A were limited to comparing or recalculating certain information that is further described in Attachment A. Instructions, assumptions and methodologies, which are described in Attachment A. The list of relevant characteristics (the Sample Characteristics) on the Data File, which is shown on Exhibit 1 to Attachment A, andĭ. Imaged copies of certain printed screen shots from CardWorks servicing system (the Servicing System Screen Shots or the Source Documents) that CardWorks, on behalf of the Issuer, indicated relate to each Sample Receivable (as defined in Attachment A),Ĭ. An electronic data file labeled Nexus_SEC_20201006.csv and the corresponding record layout and decode information, as applicable (the ∽ata File), that CardWorks, on behalf of the Issuer, indicated contains information relating to the Receivables as of 6 October 2020 (the ∼ut-off Date),ī. The procedures performed and our associated findings are included in Attachment A.įor the purpose of the procedures described in this report, CardWorks, on behalf of the Issuer, provided us with:Ī. ![]() Consequently, we make no representation regarding the sufficiency of the procedures described in Attachment A, either for the purpose for which this report has been requested or for any other purpose. The sufficiency of the procedures is solely the responsibility of the Specified Parties. This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. (∼ardWorks), the Issuer and Guggenheim Securities, LLC (Guggenheim, together with CardWorks and the Issuer, the Specified Parties), solely to assist the Specified Parties in evaluating certain information relating to a pool of receivables arising in credit card accounts (the Receivables) relating to the Issuers securitization transaction. ![]() We have performed the procedures enumerated in Attachment A, which were agreed to by CardWorks, Inc. Re: CW Nexus Credit Card SPV Holdings, LLC (the Issuer) Report of Independent Accountants on Applying Agreed-Upon Procedures
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |