Common use of Covenant of the Seller, the Servicer and the Originator Clause in Contracts

Covenant of the Seller, the Servicer and the Originator. Until the Collection Date, each of the Seller, the Servicer and the Originator will, at their respective expense, during regular business hours upon reasonable prior notice as requested by the Administrative Agent, permit the Administrative Agent or its agents or representatives (such as independent audit and consulting firms specializing in securitization transactions) two times per year (provided that if a Termination Event shall have occurred there shall be no such limitation), (i) to conduct periodic audits of the Assets and the related books and records and collections systems of the Seller, the Servicer or the Originator, as the case may be, (ii) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in the possession or under the control of the Seller, the Servicer or the Originator, as the case may be, relating to Assets, and (iii) to visit the offices and properties of the Seller, the Servicer or the Originator, as the case may be, for the purpose of examining such materials described in clause (ii) above, and to discuss matters relating to Assets or the Seller’s, the Servicer’s or the Originator’s performance under the Transaction Documents with any of the officers or employees of the Seller, the Servicer or the Originator, as the case may be, having knowledge of such matters.

Covenant of the Seller, the Servicer and the Originator. Until the Collection Date, each of the Seller, the Servicer and the Originator will, at their respective expense, during regular business hours upon reasonable prior notice as requested by the Administrative AgentAgent (provided that such requests will be limited to two times per year absent an Event of Default), permit the Administrative Agent or its agents or representatives (such as independent audit and consulting firms specializing in securitization transactions) two times per year (provided that if a Termination Event shall have occurred there shall be no such limitation), (i) to conduct periodic audits of the Assets and the related books and records and collections systems of the Seller, the Servicer or the Originator, as the case may be, (ii) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in the possession or under the control of the Seller, the Servicer or the Originator, as the case may be, relating to Assets, and (iii) to visit the offices and properties of the Seller, the Servicer or the Originator, as the case may be, for the purpose of examining such materials described in clause (ii) above, and to discuss matters relating to Assets or the Seller’s, the Servicer’s or the Originator’s performance under the Transaction Documents with any of the officers or employees of the Seller, the Servicer or the Originator, as the case may be, having knowledge of such matters.