Common use of Information and Reporting Clause in Contracts

Information and Reporting. Upon the Purchaser's request, Seller shall furnish to the Purchaser: (a) Seller's most recent audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller, as well as Seller's most recent unaudited financial statement and balance sheet; (b) an updated audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller; and (c) such other financial information as the Purchaser may reasonably request from time to time. Seller shall verify and reconcile Eligible Loan disbursements and cancellations of Eligible Loans sold hereunder, in such manner as the Purchaser may reasonably request from time to time. Seller shall furnish to the Purchaser a certificate of good standing.

Appears in 14 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2006-2), Loan Purchase Agreement (Nelnet Student Loan Trust 2006-1), Loan Purchase Agreement (Nelnet Student Loan Funding LLC)

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Information and Reporting. Upon the Purchaser's request, Seller shall furnish to the Purchaser: (a) Seller's most recent audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller, as well as Seller's most recent unaudited financial statement and balance sheet; (b) an updated audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller; and (c) such other financial information as the Purchaser may reasonably request from time to time. Seller shall verify and reconcile Eligible FFELP Loan disbursements and cancellations of Eligible FFELP Loans sold hereunder, in such manner as the Purchaser may reasonably request from time to time. Seller shall furnish to the Purchaser a certificate of good standing.

Appears in 6 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2007-1), Loan Purchase Agreement (Nelnet Student Loan Trust 2008-4), Loan Purchase Agreement (Nelnet Student Loan Trust 2008-3)

Information and Reporting. Upon the Purchaser's ’s request, Seller shall furnish to the Purchaser: (a) Seller's ’s most recent audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller, as well as Seller's ’s most recent unaudited financial statement and balance sheet; (b) an updated audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller; and (c) such other financial information as the Purchaser may reasonably request from time to time. Seller shall verify and reconcile Eligible Loan disbursements and cancellations of Eligible Loans sold hereunder, in such manner as the Purchaser may reasonably request from time to time. Seller shall furnish to the Purchaser a certificate of good standing.

Appears in 1 contract

Samples: Loan Purchase Agreement (Goal Capital Funding, LLC)

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Information and Reporting. Upon the Purchaser's ’s request, Seller shall furnish to the Purchaser: (a) Seller's ’s most recent audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller, as well as Seller's ’s most recent unaudited financial statement and balance sheet; (b) an updated audited financial statement prepared in accordance with generally accepted accounting principles and duly certified by nationally recognized independent certified public accountants selected by Seller; and (c) such other financial information as the Purchaser may reasonably request from time to time. Seller shall verify and reconcile Eligible FFELP Loan disbursements and cancellations of Eligible FFELP Loans sold hereunder, in such manner as the Purchaser may reasonably request from time to time. Seller shall furnish to the Purchaser a certificate of good standing.

Appears in 1 contract

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2009-2)

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