Common use of Furnishing Information and Inspection of Records Clause in Contracts

Furnishing Information and Inspection of Records. The Seller will furnish to the Agent, the Purchaser Agents and the Purchasers such information concerning the Receivables and the Related Security as the Agent, a Purchaser Agent or a Purchaser may request. The Seller will, and will cause each Originator to, permit, at any time during regular business hours upon reasonable notice to the Seller, the Agent, any Purchaser (or any representatives thereof) (i) to examine and make copies of all Records, (ii) to visit the offices and properties of the Seller and each Originator for the purpose of examining the Records and (iii) to discuss matters relating hereto with any of the Seller's or such Originator's officers, directors, employees or independent public accountants having knowledge of such matters. No more than once a calendar year or any time after the occurrence of a Termination Event, the Agent may (at the expense of the Seller) or at any time (at the expense of the Purchasers) have an independent public accounting firm conduct an audit of the Records or make test verifications of the Receivables and Collections.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Arvinmeritor Inc), Receivables Sale Agreement (Arvinmeritor Inc)

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Furnishing Information and Inspection of Records. The Seller will furnish to the Agent, the Purchaser Agents Agent and the Purchasers such information concerning the Receivables and the Related Security as the Agent, a Purchaser Agent or a Purchaser may request. The Seller will, and will cause each Originator to, permit, at any time during regular business hours upon reasonable notice to the Seller, the Agent, Agent or any Purchaser (or any representatives thereof) (i) to examine and make copies of all Records, (ii) to visit the offices and properties of the Seller and each Originator for the purpose of examining the Records and (iii) to discuss matters relating hereto with any of the Seller's or such Originator's officers, directors, employees or independent public accountants having knowledge of such matters. No more than once a during any three calendar year years or any time after the occurrence of a Termination Event, the Agent may (at the expense of the Seller) or at any time (at the expense of the Purchasers) have an independent public accounting firm conduct an audit of the Records or make test verifications of the Receivables and Collections.

Appears in 1 contract

Samples: Receivables Sale Agreement (Arvinmeritor Inc)

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Furnishing Information and Inspection of Records. The Seller Initial Collection Agent will furnish to the Agent, the Purchaser Agents Agent and the Purchasers such information concerning the Receivables and the Related Security as the Agent, a Purchaser Agent or a Purchaser may request. The Seller Initial Collection Agent will, and will cause each Originator to, permit, at any time during regular business hours upon reasonable notice to the SellerInitial Collection Agent, the Agent, Agent or any Purchaser (or any representatives thereof) (i) to examine and make copies of all Records, (ii) to visit the offices and properties of the Seller Initial Collection Agent and each Originator for the purpose of examining the Records and (iii) to discuss matters relating hereto with any of the SellerInitial Collection Agent's or such Originator's officers, directors, employees or independent public accountants having knowledge of such matters. No more than once a during any three calendar year years or any time after the occurrence of a Termination Event, the Agent may (at the expense of the SellerInitial Collection Agent) or at any time (at the expense of the Purchasers) have an independent public accounting firm conduct an audit of the Records or make test verifications of the Receivables and Collections.

Appears in 1 contract

Samples: Receivables Sale Agreement (Arvinmeritor Inc)

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