Common use of Audits of the Administrator Clause in Contracts

Audits of the Administrator. The Administrator will, upon reasonable prior notice, permit any authorized representative of the Issuer, the Depositor, the Owner Trustee or the Indenture Trustee, during the Administrator’s normal business hours, to examine and audit the books of account, records, reports and other documents and materials of the Administrator relating to the performance of the Administrator’s obligations under this Agreement. In addition, the Administrator will permit the representatives to discuss the same with the Administrator’s officers and Independent certified public accountants, all at reasonable times and as often as may reasonably be requested. Each of the Issuer, the Depositor, the Owner Trustee or the Indenture Trustee will, and will cause its authorized representatives to, hold in confidence all information except to the extent disclosure may be required by law (and all reasonable applications for confidential treatment are unavailing) and except to the extent that the party, may reasonably determine that the disclosure is consistent with its obligations under this Agreement.

Appears in 8 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2015-B), Administration Agreement (Ford Credit Auto Owner Trust 2015-B), Administration Agreement (Ford Credit Auto Owner Trust 2015-A)

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