Common use of Asset Representations Review Clause in Contracts

Asset Representations Review. FSB shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 2.17(a) of the Transfer Agreement. Following the completion of an Asset Representations Review and receipt by TRS of the related report by the Asset Representations Reviewer, TRS will provide a copy of such report to FSB. TRS, with the cooperation of FSB, shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to FSB, RFC VIII, the Servicer and the Indenture Trustee.

Asset Representations Review. FSB shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 2.17(a4.08(a) of the Transfer Pooling and Servicing Agreement. Following the completion of an Asset Representations Review and receipt by TRS the delivery of the related report by the Asset Representations Reviewer, TRS RFC IV will provide a copy of such report to FSB. TRS, with the cooperation of FSB, FSB shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to FSB, RFC VIIIIV, the Servicer and the Indenture Trustee.

Asset Representations Review. FSB shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 2.17(a) of the Transfer Agreement. Following the completion of an Asset Representations Review and TRS’s receipt by TRS of the related report by the Asset Representations Reviewer, TRS will provide a copy of such report to FSB. TRS, with the cooperation of FSB, and FSB shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to FSB, RFC VIII, the Servicer and the Indenture TrusteeRepresentations.

Asset Representations Review. FSB shall (i) cooperate with the Asset Representations Reviewer in creating and, from time to time, reviewing procedures for an Asset Representations Review, and (ii) cooperate with the Servicer to provide the Asset Representations Reviewer with reasonable access to information upon the initiation of an Asset Representations Review pursuant to Section 2.17(a4.08(a) of the Transfer Pooling and Servicing Agreement. Following the completion of an Asset Representations Review and receipt by TRS the delivery of the related report by the Asset Representations Reviewer, TRS RFC IV will provide a copy of such report to FSB. TRS, with the cooperation of FSB, and FSB shall determine whether any noncompliance with the Covered Representations constitutes a breach of any of such Covered Representations and shall provide notice of such determination to FSB, RFC VIII, the Servicer and the Indenture TrusteeRepresentations.