Attached files
EXHIBIT
33.1
REPORT
ON ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA
FOR
ASSET-BACKED SECURITIES
Entergy
Texas, Inc. (the “Servicer”), as a party participating in the servicing function
under Item 1122 of Regulation AB, hereby reports on its assessment of compliance
with the servicing criteria specified in paragraph (d) of Item 1122 of
Regulation AB, as follows:
(1) The
Servicer is responsible for assessing compliance with the servicing criteria
applicable to it. The servicing criteria specified in the following paragraphs
of paragraph (d) of Item 1122 of Regulation AB are not applicable to the
Servicer based on the activities it performs with respect to asset-backed
securities transactions taken as a whole involving the Servicer and that are
backed by the same asset type backing the Senior Secured Transition Bonds:
(1)(ii) (outsourcing), (1)(iii) (back-up servicing), (1)(iv) (fidelity bond),
2(iii) (advances or guarantees), (2)(vi) (unissued checks), (4)(iii)
(additions, removals or substitutions), 4(v) (records regarding pool assets),
(4)(ix) (adjustments to interest rates), (4)(x) (funds held in trust for an
obligor), (4)(xi) (payments on behalf of obligors), (4)(xii) (late payment
penalties), (4)(xiii) (obligor disbursements), (4)(xv) (external credit
enhancement);
(2) The
Servicer used the criteria in paragraph (d) of Item 1122 of Regulation AB to
assess compliance with the applicable servicing criteria;
(3) The
Servicer has determined that it is in compliance with the applicable servicing
criteria as of and for the year ending December 31, 2009 and for the period
November 6, 2009 through December 31, 2009, which is the period covered by this
report on Form 10-K; and
(4)
Deloitte & Touche LLP, a registered public accounting firm, has issued an
attestation report on the Servicer's assessment of compliance with the
applicable servicing criteria as of December 31, 2009 and for the period
November 6, 2009 through December 31, 2009, which is the period covered by this
report on Form 10-K.
Date: March
29, 2010
Entergy
Texas, Inc., as servicer
By: /s/ Theodore H. Bunting,
Jr.
Name: Theodore
H. Bunting, Jr.
Title: Senior
Vice President and Chief Accounting Officer