Common use of Access to Certain Information; Delivery of Certain Information Clause in Contracts

Access to Certain Information; Delivery of Certain Information. (a) Each of the Property Manager and the Special Servicer shall afford to the other, to the Issuers, the Indenture Trustee, the Back-Up Manager and the Rating Agencies and to the OTS, the FDIC and any other banking or insurance regulatory authority that may exercise authority over any holder of Notes or LLC Interests, reasonable access to any documentation regarding the Leases, Mortgage Loans and Mortgaged Properties and its servicing thereof within its control, except to the extent it is prohibited from doing so by applicable law, rule or regulation or contract or to the extent such information is subject to a privilege under applicable law. Such access shall be afforded without charge but only upon reasonable prior written request and during normal business hours at the offices of the Property Manager or the Special Servicer, as the case may be, designated by it.

Appears in 5 contracts

Samples: Management and Servicing Agreement, Management and Servicing Agreement (Spirit MTA REIT), Limited Liability Company Agreement (Spirit MTA REIT)

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Access to Certain Information; Delivery of Certain Information. (a) Each of the Property Manager and the Special Servicer shall afford to the other, to the IssuersIssuer, the Insurers, the Indenture Trustee, the Back-Up Manager Trustee and the Rating Agencies and to the OTS, the FDIC and any other banking or insurance regulatory authority that may exercise authority over any holder of Notes or LLC Interests, reasonable access to any documentation regarding the Leases, Mortgage Loans and Mortgaged Properties and its servicing thereof within its control, except to the extent it is prohibited from doing so by applicable law, rule or regulation law or contract or to the extent such information is subject to a privilege under applicable lawlaw to be asserted on behalf of the Issuer or the holders of the Notes or the LLC Interests. Such access shall be afforded without charge but only upon reasonable prior written request and during normal business hours at the offices of the Property Manager or the Special Servicer, as the case may be, designated by it.

Appears in 1 contract

Samples: Property Management Agreement (Spirit Finance Corp)

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