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

Furnishing of Information and Inspection of Records. Each of the SPV and the Servicer shall furnish to the Agent from time to time such information with respect to the Affected Assets as the Agent may reasonably request, including listings identifying the Obligor and the Unpaid Balance for each Receivable available to the Servicer in accordance with its then current accounts receivable system without the Servicer manually preparing such reports. Each of the SPV and the Servicer shall, at any time and from time to time during regular business hours, as reasonably requested with reasonable prior notice by the Agent or any Class Agent, permit the Agent, or its agents or representatives, (i) to examine and make copies of and take abstracts from all books, records and documents (including applicable computer systems following a Potential Termination Event or Termination Event) relating to the Receivables or other Affected Assets, including the related Contracts and (ii) to visit the offices and properties of the SPV, the Originator or the Servicer, as applicable, for the purpose of examining such materials described in clause (i), and to discuss matters relating to the Affected Assets or the SPV’s, the Originator’s or the Servicer’s performance hereunder, under the Contracts and under the other Transaction Documents to which such Person is a party with any of the officers, directors, managers, employees or independent public accountants of the SPV, the Originator or the Servicer, as applicable, having knowledge of such matters; provided, however that the Seller and Servicer shall only be responsible for the costs and expenses associated with one such review per year unless a Termination Event or Potential Termination Event has occurred.

Appears in 5 contracts

Samples: Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc)

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Furnishing of Information and Inspection of Records. Each of the SPV and the Servicer The Purchaser shall furnish to the Agent from time to time such information with respect to the Receivables and related other Affected Assets as the Agent (at the request of any Facility Lender) may reasonably request, including listings identifying the Obligor and the Unpaid Balance for (and Currency) of each Receivable available and including information and documentation relating to the Servicer in accordance with its then current accounts receivable system without the Servicer manually preparing such reports. Each of the SPV Blocked Accounts and the Servicer Blocked Account Agreements. Upon reasonable advance notice by the Agent, the Purchaser shall, at any time and from time to time during regular business hours, as reasonably requested with reasonable prior notice by the Agent or any Class Agent, permit the Agent, or its agents or representatives, at the expense of the Purchaser (i) to examine and make copies of and take abstracts from all books, records and documents (including applicable computer systems following a Potential Termination Event or Termination Eventtapes and disks) relating to the Receivables or related other Affected Assets, including the any related Contracts Contract, and (ii) to visit the offices and properties of the SPV, the Originator or the Servicer, as applicablePurchaser, for the purpose of examining such materials described in clause (i), and to discuss matters relating to the Receivables and related other Affected Assets or the SPV’s, the Originator’s or the ServicerPurchaser’s performance hereunder, under the Contracts Contracts, if any, under the Blocked Accounts and the Blocked Account Agreements and under the other Transaction Documents to which such Person is a party with any of the officers, directors, managers, relevant employees or independent public accountants of the SPV, the Originator or the Servicer, as applicable, Purchaser having knowledge of such matters; providedmatters provided that, however that the Seller unless an Event of Default or a Potential Event of Default shall have occurred and Servicer shall be continuing or following an audit report indicating an audit deficiency, only be responsible for the costs and expenses associated with one such review per examination and visit in any calendar year unless a Termination Event or Potential Termination Event has occurredshall be at the expense of Purchaser. Subject to Section 9.9, such agents and representatives shall be bound to treat any information received pursuant to this clause (d) as confidential.

Appears in 1 contract

Samples: Receivables Funding Agreement (Adama Agricultural Solutions Ltd.)

Furnishing of Information and Inspection of Records. Each of the SPV The Parent shall, and the Servicer shall cause each Supported Party to, furnish or cause to be furnished to the Agent from time to time such information with respect to the Receivables and related other Affected Assets as the Agent may reasonably request, including listings identifying the Obligor and the Unpaid Balance for (and Currency) of each Receivable available Receivable. Upon reasonable advance notice by the Agent to the Servicer in accordance with its then current accounts receivable system without Parent, the Servicer manually preparing such reports. Each of the SPV Parent shall, and the Servicer shallshall cause each Supported Party to, at any time and from time to time during regular business hours, as reasonably requested with reasonable prior notice by the Agent or any Class Agent, permit the AgentAgent and the Facility Lenders, or its and their agents or and representatives, at the expense of the Parent or such Supported Party (i) to examine and make copies of and take abstracts from all books, records and documents (including applicable computer systems following a Potential Termination Event or Termination Eventtapes and disks) relating reasonably related to the Receivables or related other Affected Assets, including the any related Contracts Contract, and (ii) to visit the offices and properties of the SPV, the Originator Parent or the Servicersuch Supported Party, as applicablethe case may be, for the purpose of examining such materials described in clause (i)) above, and to discuss matters relating reasonably related to the Receivables and related other Affected Assets or the SPV’s, the OriginatorParent’s or the Servicersuch Supported Party’s performance hereunder, under the Contracts and under the other Transaction Supported Documents to which such Person it is a party party, or under the Contracts, if any, with any of the officers, directors, managers, relevant employees or independent public accountants of the SPV, the Originator or the Servicer, as applicable, such Person having knowledge of such matters; providedprovided that, however that the Seller unless an Event of Default shall have occurred and Servicer shall be continuing or following an audit report indicating an audit deficiency, only be responsible for the costs and expenses associated with one such review per examination and visit in any calendar year unless a Termination Event or Potential Termination Event has occurredshall be at the expense of the Parent. Subject to Section 6.9, such agents and representatives shall be bound to treat any information received pursuant to this clause (d) as confidential.

Appears in 1 contract

Samples: Parent Undertaking Agreement (Adama Agricultural Solutions Ltd.)

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Furnishing of Information and Inspection of Records. Each of the SPV Originator and the Servicer shall furnish to the Agent from time to time such information with respect to the Affected Assets as the Agent may reasonably request, including listings identifying the Obligor and the Unpaid Balance for each Receivable available to the Servicer in accordance with its then current accounts receivable system without the Servicer manually preparing such reportsReceivable. Each of the SPV Originator and the Servicer shall, at any time and from time to time during regular business hours, as reasonably requested at reasonable times and with reasonable prior notice and as often as reasonably requested by the Agent or any Class Agentthe Administrator, permit the Agent, or its agents or representatives, (i) to examine and make copies of and take abstracts from all books, records and documents (including applicable computer systems following a Potential Termination Event or Termination Eventtapes and disks) relating to the Receivables or other Affected Assets, including the related Contracts Contracts, and (ii) to visit the offices and properties of the SPV, the Originator or the Servicer, as applicable, for the purpose of examining such materials described in clause (i), and to discuss matters relating to the Affected Assets or the SPV’s, the Originator’s or the Servicer’s performance hereunder, under the Contracts and under the other Transaction Documents to which such Person is a party with any of the officers, directors, managers, employees or independent public accountants of the SPV, the Originator or the Servicer, as applicable, having knowledge of such matters; provided, however however, that the Seller and Servicer shall only be responsible for the costs and expenses associated with one such review per year unless a Termination Event or Potential Termination Event has occurredshall have occurred and be continuing, the Originator shall not be required to reimburse the expenses of more than two such visits per calendar year.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Overnite Corp)

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