Common use of Access to Certain Documentation and Information Regarding Contracts Clause in Contracts

Access to Certain Documentation and Information Regarding Contracts. (a) Each of the Borrower, the Sellers and the Servicer shall permit representatives of the Administrative/Collateral Agent, each Agent, the Backup Servicer and the Custodian at any time and from time to time during normal business hours as the Administrative/Collateral Agent, such Agent, the Backup Servicer and the Custodian shall reasonably request, (a) to inspect and make copies of and abstracts from its records relating to the Transferred Contracts, and (b) to visit its properties in connection with the collection, processing, custody or servicing of the Transferred Contracts for the purpose of examining such records, and to discuss matters relating to the Transferred Contracts or such Person’s performance under this Agreement and the other Transaction Documents with any officer or employee of such Person having knowledge of such matters. In each case, such access shall be afforded without charge; provided, however, if the Servicer is not UACC, access on any more than two occasions in any calendar year will bear a charge of $5,000 per occasion. In connection with any inspection, the Administrative/Collateral Agent, any Agent and the Custodian may institute procedures to permit it to confirm the Obligor balances in respect of any Transferred Contracts. Each of the Borrower, the Sellers and the Servicer agrees to render to the Administrative/Collateral Agent, each Agent and the Custodian such clerical and other assistance as may be reasonably requested with regard to the foregoing. Nothing in this Section 8.8 shall derogate from the obligation of the Borrower, each Seller and the Servicer to observe any applicable law prohibiting disclosure of information regarding the Obligors, and the failure of the Servicer to provide access as a result of such obligation shall not constitute a breach of this Section 8.8. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]

Appears in 1 contract

Samples: Receivables Financing Agreement (United Pan Am Financial Corp)

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Access to Certain Documentation and Information Regarding Contracts. (a) Each of the Borrower, the Sellers and the Servicer The Borrower shall permit representatives of the Administrative/Collateral Administrative Agent, each Agent, the Backup Servicer Servicer, the Collateral Agent and the Custodian at any time and from time to time time, but, so long as no Event of Default has occurred and is continuing, no more than two times per year, during normal business hours as the Administrative/Collateral Administrative Agent, such Agent, the Backup Servicer Servicer, the Collateral Agent and the Custodian shall reasonably request, (a) to inspect and make copies of and abstracts from its records relating to the Transferred ContractsReceivables and Transferred Dealer Transaction Rights, and (b) to visit its properties in connection with the collection, processing, custody processing or servicing of the Transferred Contracts Receivables and Transferred Dealer Transaction Rights for the purpose of examining such records, and to discuss matters relating to the Transferred Contracts Receivables and Transferred Dealer Transaction Rights or such Person’s performance under this Agreement and the other Transaction Documents with any officer or employee of such Person having knowledge of such matters. In each case, such access shall be afforded without charge; provided, however, if the Servicer is not UACC, access on any more than two occasions in any calendar year will bear a charge of $5,000 per occasion. In connection with any inspection, the Administrative/Collateral Administrative Agent, any Agent, the Backup Servicer, the Collateral Agent and the Custodian may institute procedures to permit it to confirm the Obligor balances in respect of any Transferred ContractsReceivables or Transferred Dealer Transaction Rights. Each of the Borrower, the Sellers and the Servicer The Borrower agrees to render to the Administrative/Collateral Administrative Agent, each Agent, the Backup Servicer, the Collateral Agent and the Custodian such clerical and other assistance as may be reasonably requested with regard to the foregoing. Nothing in this Section 8.8 11.19 shall derogate from the obligation of the Borrower, each Seller and the Servicer Borrower to observe any applicable law prohibiting disclosure of information regarding the Obligors, and the failure of the Servicer any of them to provide access as a result of such obligation shall not constitute a breach of this Section 8.8. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]11.19.

Appears in 1 contract

Samples: Receivables Financing Agreement (Compucredit Corp)

Access to Certain Documentation and Information Regarding Contracts. (a) Each of the Borrower, the Sellers Seller and the Servicer shall permit representatives of the Administrative/Collateral Agent, each Agent, the Backup Servicer and the Custodian at any time and from time to time during normal business hours as the Administrative/Collateral Agent, such Agent, the Backup Servicer and the Custodian shall reasonably request, (a) to inspect and make copies of and abstracts from its records relating to the Transferred Contracts, and (b) to visit its properties in connection with the collection, processing, custody processing or servicing of the Transferred Contracts for the purpose of examining such records, and to discuss matters relating to the Transferred Contracts or such Person’s performance under this Agreement and the other Transaction Documents with any officer or employee of such Person having knowledge of such matters. In each case, such access shall be afforded without charge; provided, however, if the Servicer is not UACC, access on any more than two occasions in any calendar year will bear a charge of $5,000 per occasion. In connection with any inspection, the Administrative/Collateral Agent, any Agent and the Custodian may institute procedures to permit it to confirm the Obligor balances in respect of any Transferred Contracts. Each of the Borrower, the Sellers Seller and the Servicer agrees to render to the Administrative/Collateral Agent, each Agent and the Custodian such clerical and other assistance as may be reasonably requested with regard to the foregoing. Nothing in this Section 8.8 shall derogate from the obligation of the Borrower, each the Seller and the Servicer to observe any applicable law prohibiting disclosure of information regarding the Obligors, and the failure of the Servicer to provide access as a result of such obligation shall not constitute a breach of this Section 8.8. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT].

Appears in 1 contract

Samples: Receivables Financing Agreement (United Pan Am Financial Corp)

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Access to Certain Documentation and Information Regarding Contracts. (a) Each of the Borrower, the Sellers and the Servicer The Borrower shall permit representatives of the Administrative/Collateral Agent, each Agent, the Backup Servicer and the Custodian Administrative Agent at any time and from time to time as the Administrative Agent shall reasonably request but only (i) upon two Business Days’ prior written notice (so long as no Unmatured Facility Termination Event, Facility Termination Event has occurred and is continuing) and (ii) during normal business hours as the Administrative/Collateral Agent, such Agent, the Backup Servicer and the Custodian shall reasonably request, hours: (a) to inspect and make copies of and abstracts from its records relating to the Transferred Contracts, and (b) to visit its properties in connection with the collection, processing, custody processing or servicing of the Transferred Contracts for the purpose of examining such records, and to discuss matters relating to the Transferred Contracts or such Person’s performance under this Agreement and the other Transaction Documents with any officer or employee or auditor (if any) of such Person having knowledge of such matters. In each case, such access shall be afforded without charge; provided, however, if the Servicer is not UACC, access on any more than two occasions in any calendar year will bear a charge of $5,000 per occasion. In connection with any inspection, the Administrative/Collateral Agent, any Agent may, with the Borrower’s consent (so long as no Unmatured Facility Termination Event, Facility Termination Event has occurred and the Custodian may is continuing), institute procedures to permit it to confirm the Obligor balances in respect of any Transferred Contracts. Each of the Borrower, the Sellers and the Servicer The Borrower agrees to render to the Administrative/Collateral Agent, each Administrative Agent and the Custodian such clerical and other assistance as may be reasonably requested with regard to the foregoing, provided such assistance shall not interfere in any material respect with the Borrower’s business and operations. During the existence of an Unmatured Facility Termination Event or a Facility Termination Event, the Borrower shall be required to bear the expense of all such inspections. Nothing in this Section 8.8 7.3 shall derogate from the obligation of the Borrower, each Seller and the Servicer Borrower to observe any applicable law Applicable Law prohibiting disclosure of information regarding the Obligors, and the failure of the Servicer Borrower to provide access as a result of such obligation shall not constitute a breach of this Section 8.8. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]7.3.

Appears in 1 contract

Samples: Bridge Loan Agreement (TriplePoint Venture Growth BDC Corp.)

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