Common use of Audits of the Indenture Administrator Clause in Contracts

Audits of the Indenture Administrator. The Indenture Administrator will, on reasonable prior notice, permit any authorized representative of the Issuer, the Depositor, the Owner Trustee or the Indenture Trustee, during the Indenture Administrator’s normal business hours, to examine and audit the books of account, records, reports and other documents and materials of the Indenture Administrator relating to the performance of the Indenture Administrator’s obligations under this Agreement. In addition, the Indenture Administrator will permit those representatives to discuss the same with the Indenture 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 that 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 7 contracts

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

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Audits of the Indenture Administrator. The Indenture Administrator will, on upon reasonable prior notice, permit any authorized representative of the Issuer, the Depositor, the Owner Trustee or the Indenture Trustee, during the Indenture Administrator’s normal business hours, to examine and audit the books of account, records, reports and other documents and materials of the Indenture Administrator relating to the performance of the Indenture Administrator’s obligations under this Agreement. In addition, the Indenture Administrator will permit those such representatives to discuss the same with the Indenture Administrator’s officers and Independent certified public accountants, all at such 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 that such 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 such party, may reasonably determine that the such disclosure is consistent with its obligations under this Agreement.

Appears in 2 contracts

Samples: Administration Agreement (Ford Credit Auto Lease Trust 2014-A), Administration Agreement (Ford Credit Auto Lease Trust 2014-A)

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