Exhibit 35.1
ALLY FINANCIAL INC.
200 Renaissance Center
Detroit, Michigan 48265
As of December 31, 2014
| Citibank, N.A. | Deutsche Bank Trust Company Delaware |
| As ACOLT Indenture Trustee | As ACOLT Owner Trustee |
| Attn: Kristen Driscoll | Attn: Mark DiGiacomo |
388 Greenwich Street, 14th Floor | 1011 Centre Road, Suite 200 |
| New York, NY 10013 | Wilmington, DE 19805-1266 |
Copy To:
| Deutsche Bank Trust Company Americas | |
| Attn: Corporate Trust & Agency Group - | |
| Structured Finance Services | |
60 Wall Street, 26th floor | |
| Mail Stop: NYC60-2606 | |
| New York, NY 10005 | |
| Re: | ACOLT 2014-SN1 - Servicing Agreement |
| Annual Statement as to Compliance | |
Ladies and Gentlemen:
Reference is made to Section 2.16 of the ACOLT 2014-SN1 Servicing Agreement dated as of March 5, 2014 between Ally Central Originating Lease Trust, and Ally Financial Inc., as Servicer and Custodian (the “Servicer”).
The undersigned does hereby certify that:
| a. | A review of the activities of the Servicer during the period of March 5, 2014 through December 31, 2014, and of its performance under the ACOLT 2014-SN1 Servicing Agreement has been under his supervision, and |
| b. | To the best of his knowledge, based on such review, the Servicer has fulfilled all of its obligations under the ACOLT 2014-SN1 Servicing Agreement throughout such period. |
| Very truly yours, | ||
| /s/ David J. DeBrunner | ||
| David J. DeBrunner | ||
| Vice President, Controller and Chief Accounting Officer | ||
| Ally Financial Inc. | ||