Common use of Access to Certain Documentation and Information Regarding the Home Equity Loans Clause in Contracts

Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Servicers shall provide to the Indenture Trustee, the Owner Trustee, the Insurer, the Transferor in respect of the Ownership Interest, the Noteholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Servicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. (b) No later than the Determination Date preceding the related Payment Date, the Master Servicer shall supply information in such form as the Indenture Trustee shall reasonably request to the Indenture Trustee and the Paying Agent as is required in the Indenture Trustee's reasonable judgment to enable the Paying Agent or the Indenture Trustee, as the case may be, to make the required payments and to furnish the required reports to Noteholders and the Insurer on such Payment Date.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002-3), Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002-2), Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002 4)

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Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Servicers shall provide to the Indenture Trustee, the Owner Trustee, the Insurer, the Transferor in respect of the Ownership Interest, the Class A and Class M Noteholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Servicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. (b) No later than the Determination Date preceding the related Payment Date, the Master Servicer shall supply information in such form as the Indenture Trustee shall reasonably request to the Indenture Trustee and the Paying Agent as is required in the Indenture Trustee's reasonable judgment to enable the Paying Agent or the Indenture Trustee, as the case may be, to make the required payments and to furnish the required reports to Noteholders and the Insurer on such Payment Date.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Ln Tr 2003 1), Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2003 2)

Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Servicers shall provide to the Indenture Trustee, the Owner Trustee, [the Insurer, ,] Class A Noteholders or the Transferor in respect of the Ownership Interest, the Noteholders Interest that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Servicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. (b) No later than the Determination Date preceding the related Payment Date, the Master Servicer shall supply information in such form as the Indenture Trustee shall reasonably request to the Indenture Trustee and the Paying Agent as is required in the Indenture Trustee's reasonable judgment to enable the Paying Agent or the Indenture Trustee, as the case may be, to make the required payments distributions and to furnish the required reports to Class A Noteholders and the Insurer on such Payment Date.

Appears in 1 contract

Samples: Sale and Servicing Agreement (HFC Revolving Corp)

Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Servicers shall provide to the Indenture Trustee, the Owner Trustee, the Insurer, the Transferor in respect of the Ownership Interest, the Class A and Class M Noteholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Servicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. (b) No later than the Determination Date preceding the related Payment Date, the Master Servicer shall supply information in such form as the Indenture Trustee Administrator shall reasonably request to the Indenture Trustee Administrator and the Paying Agent as is required in the Indenture Trustee's reasonable judgment to enable the Paying Agent or the Indenture TrusteeAdministrator, as the case may be, to make the required payments and to furnish the required reports to Noteholders and the Insurer on such Payment Date.

Appears in 1 contract

Samples: Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2004-1)

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Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Servicers shall provide to the Indenture Trustee, [the Owner Trustee, the Certificate Insurer, the Transferor in respect of the Ownership Interest, the Noteholders ,] Class A or Class M Certificateholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Servicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. (b) No later than the Determination Date preceding the related Payment Distribution Date, the Master Servicer shall supply information in such form as the Indenture Trustee shall reasonably request to the Indenture Trustee and the Paying Agent as is required in the Indenture Trustee's reasonable judgment to enable the Paying Agent or the Indenture Trustee, as the case may be, to make the required payments distributions and to furnish the required reports to Noteholders and the Insurer Certificateholders on such Payment Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HFC Revolving Corp)

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