Common use of Financial Statements; Servicing Facility Clause in Contracts

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective purchaser the audited financial statements of the Company, which shall include information relating to the Company, for the most recently completed two fiscal years for which such a financial statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Company also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Company (and are available upon request to members or stockholders of the Company or to the public at large). The Company also shall make reasonably available to the Purchaser or prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Company or the financial statements of the Company, and to permit any prospective purchaser reasonable access to inspect the Company's servicing facilities for the purpose of satisfying such prospective purchaser that the Company has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (ABFC 2006-Opt3 Trust)

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Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective purchaser the audited financial statements of the Company, which shall include information relating to the Company, for the most recently completed two fiscal years for which such a financial statement is statements are available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Company also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Company (and are available upon request to members or stockholders of the Company or to the public at large). The Company also shall make reasonably available to the Purchaser or prospective purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Company or the financial statements of the Company, and to permit any prospective purchaser reasonable access to inspect the Company's ’s servicing facilities for the purpose of satisfying such prospective purchaser that the Company has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 1 contract

Samples: Flow Sale and Servicing Agreement (GSR Mortgage Loan Trust 2007-4f)

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective purchaser the audited financial statements Purchaser a Consolidated Statement of Operations of the Company, which shall include information relating to the Company, Company for the most recently completed two (2) fiscal years for which such a financial statement is available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by such Consolidated Statement of Operations. The Company Company, upon request, also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Company (and are available upon request to members or stockholders of the Company or to the public at large). The Company also shall make reasonably available to the Purchaser or prospective purchaser Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Company or the financial statements of the Company, and to permit any prospective purchaser reasonable access to inspect the Company's servicing facilities for the purpose of satisfying such prospective purchaser that the Company has the ability to service the Mortgage Loans as provided in this Agreement.. Article XVI. ARTICLE VIII

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Sail 2006-2)

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Purchaser Owner may make available to a prospective purchaser the audited financial statements Owner a Consolidated Statement of Operations of the Company, which shall include information relating to the Company, Servicer for the most recently completed two fiscal years for which such a financial statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Company Servicer, upon request, also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Company Servicer (and are available upon request to members or stockholders of the Company Servicer or to the public at large). The Company Servicer also shall make reasonably available to the Purchaser Owner or prospective purchaser purchasers a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Company Servicer or the financial statements of the CompanyServicer, and to permit any prospective purchaser reasonable access to inspect the CompanyServicer's servicing facilities for the purpose of satisfying such prospective purchaser that the Company Servicer has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Luminent Mortgage Trust 2007-2)

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Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective purchaser the audited financial statements Purchaser a Consolidated Statement of Operations of the Company, which shall include information relating to the Company, Company for the most recently completed two (2) fiscal years for which such a financial statement is available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by such Consolidated Statement of Operations. The Company Company, upon request, also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Company (and are available upon request to members or stockholders of the Company or to the public at large). The Company also shall make reasonably available to the Purchaser or prospective purchaser Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Company or the financial statements of the Company, and to permit any prospective purchaser reasonable access to inspect the Company's ’s servicing facilities for the purpose of satisfying such prospective purchaser that the Company has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust 2005-Wf3)

Financial Statements; Servicing Facility. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective purchaser the audited financial statements Purchaser a Consolidated Statement of Operations of the Company, which shall include information relating to the Company, Company for the most recently completed two (2) fiscal years for which such a financial statement is available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by such Consolidated Statement of Operations. The Company also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Company (and are available upon request to members or stockholders of the Company or to the public at large). The Company also shall make reasonably available to the Purchaser or prospective purchaser purchasers a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Company or the financial statements of the Company, and to permit the Purchaser or any prospective purchaser reasonable access to inspect the Company's ’s servicing facilities for the purpose of satisfying such the Purchaser or any prospective purchaser that the Company has the ability to service the Mortgage Loans as provided in this Agreement.. Article VIII

Appears in 1 contract

Samples: And Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2)

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