**Exhibit 33.2**

 

 

ASSERTION OF COMPLIANCE WITH

APPLICABLE SERVICING CRITERIA

 

The Bank of New York Mellon (formerly The Bank of New York), BNY Mellon Trust of Delaware (formerly BNYM (Delaware)) and The Bank of New York Mellon Trust Company, N.A. (formerly The Bank of New York Trust Company, N.A.), (collectively, the “Company”) provide this platform-level assessment of compliance with the servicing criteria specified in Item 1122(d) of Regulation AB promulgated by the Securities and Exchange Commission.  Management has determined that the servicing criteria are applicable in regard to the servicing platform as of and for the period as follows:

 

Platform: Publicly-issued (i.e., transaction-level reporting initially required under the Securities Exchange Act of 1934, as amended) asset-backed securities issued on or after January 1, 2006 and like-kind transactions issued prior to January 1, 2006 that are subject to Regulation AB for which the Company provides trustee, securities administration, paying agent or custodial services, as defined and to the extent applicable in the transaction agreements, other than residential mortgage-backed securities and other mortgage-related asset-backed securities (the “Platform”).

 

Period:  Twelve months ended December 31, 2014 (the “Period”).

 

Applicable Servicing Criteria: All servicing criteria set forth in Item 1122(d), to the extent required by the related transaction agreements as to any transaction, except as set forth in the column titled “Not Applicable To Platform” in Appendix 1 attached hereto.

 

With respect to servicing criterion 1122(d)(2)(vi) management has engaged a vendor to perform the activities required by the servicing criterion.  Management has determined that this vendor is not considered a “servicer” as defined in Item 1101(j) of Regulation AB, and management has elected to take responsibility for assessing compliance with the servicing criterion applicable to this vendor as permitted by the SEC’s *Compliance and Disclosure Interpretation (“CD&I”) 200.06, Vendor’s Engaged by Servicers* (CD&I 200.06) (formerly SEC Manual Telephone Interpretation 17.06). Management has policies and procedures in place designed to provide reasonable assurance that the vendor’s activities comply in all material respects with the servicing criterion applicable to the vendor.  Management is solely responsible for determining that it meets the SEC requirements to apply CD&I 200.06 for the vendor and related criterion.

 

With respect to the Platform as of and for the Period, the Company provides the following assessment of compliance in respect of the Applicable Servicing Criteria:

 

1.  The Company is responsible for assessing its compliance with the Applicable Servicing Criteria.

 

2.  The Company has assessed compliance with the Applicable Servicing Criteria including the servicing criterion for which compliance is determined based on CD&I 200.06 as described above.  In performing this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB.

 

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3. With respect to Applicable Servicing Criteria 1122(d)(2)(iii) and 1122(d)(4)(vii), there were no activities performed during the Period with respect to the Platform, because there were no occurrences of events that would require the Company to perform such activities.

 

4.  Based on such assessment, as of and for the Period, the Company has complied, in all material respects, with the Applicable Servicing Criteria.

 

KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to Management’s Assertion of Compliance with the Applicable Servicing Criteria as of and for the Period.

 

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| The   Bank of New York Mellon                     |   | BNY   Mellon Trust of Delaware |
|---------------------------------------------------|--------|--------------------------------|
|                                              |   |                           |
|                                              |   |                           |
| /s/   Richard P. Stanley                          |   | /s/   Robert L. Griffin        |
| Richard   P. Stanley                              |   | Robert   L. Griffin            |
| Authorized   Signatory                            |   | Authorized   Signatory         |
|                                              |   |                           |
|                                              |   |                           |
| The   Bank of New York Mellon Trust Company, N.A. |   |                           |
|                                              |   |                           |
|                                              |   |                           |
| /s/   Antonio I. Portuondo                        |   |                           |
| Antonio   I. Portuondo                            |   |                           |
| Authorized   Signatory                            |   |                           |
|                                              |   |                           |
|                                              |   |                           |
| Dated:  February 27, 2015               |   |                           |

 

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APPENDIX 1

 
| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                               | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
|                        |       | **General servicing considerations**                                                                                                                                                                                                                                      |       |                                                |       |                                                                                                      |   |   |
| 1122(d)(1)(i)               |       | Policies   and procedures are instituted to monitor any performance or other triggers   and events of default in accordance with the transaction agreements.                                                                                                              |       | X                                                   |       |                                                                                                      |   |   |
| 1122(d)(1)(ii)              |       | If   any material servicing activities are outsourced to third parties, policies   and procedures are instituted to monitor the third party’s performance and   compliance with such servicing activities.                                                           |       | X                                                   |       |                                                                                                      |   |   |
| 1122(d)(1)(iii)             |       | Any   requirements in the transaction agreements to maintain a back-up servicer for   the pool assets are maintained.                                                                                                                                                     |       |                                                |       |                                                                                                      |   | X |
| 1122(d)(1)(iv)              |       | A   fidelity bond and errors and omissions policy is in effect on the party   participating in the servicing function throughout the reporting period in   the amount of coverage required by and otherwise in accordance with the terms   of the transaction agreements. |       |                                                |       |                                                                                                      |   | X |
|                        |       | **Cash collection and administration**                                                                                                                                                                                                                                    |       |                                                |       |                                                                                                      |   |   |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                       | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                      | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(2)(i)               |       | Payments   on pool assets are deposited into the appropriate custodial bank accounts and   related bank clearing accounts no more than two business days of receipt, or   such other number of days specified in the transaction agreements.                     |       | X                                                   |       |                                                                                                      |   |   |
| 1122(d)(2)(ii)              |       | Disbursements   made via wire transfer on behalf of an obligor or to an investor are made   only by authorized personnel.                                                                                                                                        |       | X                                                   |       |                                                                                                      |   |   |
| 1122(d)(2)(iii)             |       | Advances   of funds or guarantees regarding collections, cash flows or distributions,   and any interest or other fees charged for such advances, are made, reviewed   and approved as specified in the transaction agreements.                                  |       | X                                                   |       |                                                                                                      |   |   |
| 1122(d)(2)(iv)              |       | The   related accounts for the transaction, such as cash reserve accounts or   accounts established as a form of over collateralization, are separately   maintained (*e.g*., with respect to   commingling of cash) as set forth in the transaction agreements. |       | X                                                   |       |                                                                                                      |   |   |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                                                                                                         | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                        | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(2)(v)               |       | Each   custodial account is maintained at a federally insured depository institution   as set forth in the transaction agreements. For purposes of this criterion,   “federally insured depository institution” with respect to a foreign   financial institution means a foreign financial institution that meets the   requirements of Rule 240.13k-1(b)(1) of this chapter. |       | X                                                   |       |                                                                                                      |   |   |
| 1122(d)(2)(vi)              |       | Unissued   checks are safeguarded so as to prevent unauthorized access.                                                                                                                                                                                                                                                                                                                            |       |                                                |       | X                                                                                                         |   |   |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(2)(vii)             |       | Reconciliations   are prepared on a monthly basis for all asset-backed securities related bank   accounts, including custodial accounts and related bank clearing accounts.   These reconciliations (A)  Are mathematically accurate; (B) Are   prepared within 30 calendar days after the bank statement cutoff date, or such   other number of days specified in the transaction agreements; (C) Are   reviewed and approved by someone other than the person who prepared the   reconciliation; and (D) Contain explanations for reconciling items.   These reconciling items are resolved within 90 calendar days of their   original identification, or such other number of days specified in the   transaction agreements. |       | X                                                   |       |                                                                                                      |   |   |
|                        |       | **Investor remittances and reporting**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ** ** | ** **                                          | ** ** |                                                                                                      |   |   |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(3)(i)               |       | Reports to investors, including those to be filed   with the Commission, are maintained in accordance with the transaction   agreements and applicable Commission requirements. Specifically, such reports   (A) Are prepared in accordance with timeframes and other terms set forth in   the transaction agreements; (B) Provide information calculated in accordance   with the terms specified in the transaction agreements; (C) Are filed with   the Commission as required by its rules and regulations; and (D) Agree with   investors’ or the trustee’s records as to the total unpaid principal balance   and number of pool assets serviced by the servicer. |       | X                                                   |       | ** **                                                                                                | ** ** | ** ** |
| 1122(d)(3)(ii)              |       | Amounts due to investors are allocated and remitted   in accordance with timeframes, distribution priority and other terms set   forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |       | X                                                   |       |                                                                                                      | ** ** | ** ** |
| 1122(d)(3)(iii)             |       | Disbursements made to an investor are posted within   two business days to the servicer’s investor records, or such other number of   days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |       | X                                                   |       |                                                                                                      | ** ** | ** ** |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                                                                                                                                               | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                              | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(3)(iv)              |       | Amounts remitted to investors per the investor   reports agree with cancelled checks, or other form of payment, or custodial   bank statements.                                                                                                                                                                                                                                                                                          |       | X                                                   |       |                                                                                                      | ** ** | ** ** |
|                        | ** ** | **Pool asset administration**                                                                                                                                                                                                                                                                                                                                                                                                            |       |                                                |       |                                                                                                      | ** ** | ** ** |
| 1122(d)(4)(i)               |       | Collateral or security on pool assets is maintained   as required by the transaction agreements or related pool asset documents.                                                                                                                                                                                                                                                                                                         |       | X                                                   |       |                                                                                                      | ** ** | ** ** |
| 1122(d)(4)(ii)              |       | Pool asset and related documents are safeguarded as   required by the transaction agreements                                                                                                                                                                                                                                                                                                                                             |       | X                                                   |       |                                                                                                      | ** ** | ** ** |
| 1122(d)(4)(iii)             |       | Any additions, removals or substitutions to the   asset pool are made, reviewed and approved in accordance with any conditions   or requirements in the transaction agreements.                                                                                                                                                                                                                                                          |       | X                                                   |       |                                                                                                      | ** ** | ** ** |
| 1122(d)(4)(iv)              |       | Payments on pool assets, including any payoffs, made   in accordance with the related pool asset documents are posted to the applicable   servicer’s obligor records maintained no more than two business days after   receipt, or such other number of days specified in the transaction   agreements, and allocated to principal, interest or other items (*e.g.,* escrow) in accordance with the related pool asset   documents. |       | X                                                   |       |                                                                                                      | ** ** | ** ** |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                     | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                    | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(4)(v)               |       | The servicer’s records regarding the pool assets   agree with the servicer’s records with respect to an obligor’s unpaid   principal balance.                                                                                                                                                   |       | X                                                   |       |                                                                                                      | ** ** | ** ** |
| 1122(d)(4)(vi)              |       | Changes with respect to the terms or status of an   obligor's pool assets (*e.g.,* loan   modifications or re-agings) are made, reviewed and approved by authorized   personnel in accordance with the transaction agreements and related pool   asset documents.                                              |       |                                                |       |                                                                                                      | ** ** | X |
| 1122(d)(4)(vii)             |       | Loss mitigation or recovery actions (e.g.,   forbearance plans, modifications and deeds in lieu of foreclosure,   foreclosures and repossessions, as applicable) are initiated, conducted and   concluded in accordance with the timeframes or other requirements established   by the transaction agreements. |       | X                                                   |       |                                                                                                      | ** ** | ** ** |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(4)(viii)            |       | Records documenting collection efforts are   maintained during the period a pool asset is delinquent in accordance with   the transaction agreements. Such records are maintained on at least a monthly   basis, or such other period specified in the transaction agreements, and   describe the entity’s activities in monitoring delinquent pool assets   including, for example, phone calls, letters and payment rescheduling plans   in cases where delinquency is deemed temporary (e.g., illness or   unemployment). |       |                                                |       |                                                                                                      |   | X |
| 1122(d)(4)(ix)              |       | Adjustments to interest rates or rates of return for   pool assets with variable rates are computed based on the related pool asset   documents.                                                                                                                                                                                                                                                                                                                                                                                  |       | X                                                   |       |                                                                                                      |   |   |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(4)(x)               |       | Regarding any funds held in trust for an obligor   (such as escrow accounts): (A) Such funds are analyzed, in accordance with   the obligor’s pool asset documents, on at least an annual basis, or such   other period specified in the transaction agreements; (B) Interest on such   funds is paid, or credited, to obligors in accordance with applicable pool   asset documents and state laws; and (C) Such funds are returned to the   obligor within 30 calendar days of full repayment of the related pool asset,   or such other number of days specified in the transaction agreements. |       |                                                |       |                                                                                                      |   | X |
| 1122(d)(4)(xi)              |       | Payments made on behalf of an obligor (such as tax   or insurance payments) are made on or before the related penalty or   expiration dates, as indicated on the appropriate bills or notices for such   payments, provided that such support has been received by the servicer at   least 30 calendar days prior to these dates, or such other number of days   specified in the transaction agreements.                                                                                                                                                                                               |       |                                                |       |                                                                                                      |   | X |

 

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| ** **                  | ** ** | ** **                                                                                                                                                                                                                                          | ** ** | **APPLICABLE TO PLATFORM**                | ** ** | ** **                                                                                                |
|-----------------------------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------|------------|-----------------------------------------------------------------------------------------------------------|
| **REG AB   REFERENCE** | ** ** | **SERVICING CRITERIA**                                                                                                                                                                                                                         | ** ** | **Performed   Directly by the   Company** | ** ** | **Performed by   Vendor(s) for   which the   Company is   the   Responsible   Party** | ** ** | **NOT   APPLICABLE   TO   PLATFORM** |
| 1122(d)(4)(xii)             |       | Any late payment penalties in connection with any   payment to be made on behalf of an obligor are paid from the servicer’s funds   and not charged to the obligor, unless the late payment was due to the   obligor’s error or omission. |       |                                                |       |                                                                                                      |   | X |
| 1122(d)(4)(xiii)            |       | Disbursements made on behalf of an obligor are   posted within two business days to the obligor’s records maintained by the   servicer, or such other number of days specified in the transaction   agreements.                                |       |                                                |       |                                                                                                      |   | X |
| 1122(d)(4)(xiv)             |       | Delinquencies, charge-offs and uncollectible   accounts are recognized and recorded in accordance with the transaction   agreements.                                                                                                                |       |                                                |       |                                                                                                      |   | X |
| 1122(d)(4)(xv)              |       | Any external enhancement or other support,   identified in Item 1114(a)(1) through (3) or Item 1115 of this Regulation AB,   is maintained as set forth in the transaction agreements.                                                              |       | X                                                   |       |                                                                                                      |   |   |

 

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