Common use of Inspection and Audit Rights Clause in Contracts

Inspection and Audit Rights. The Servicer agrees that it will permit any representative of the Purchaser, at any time during the Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser and to discuss its affairs, finances and accounts relating to such Mortgage Loans with the officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts). Any reasonable out-of-pocket expense of a Servicer incident to the exercise by the Purchaser of any right under this Section 12.05 shall be borne by the Servicer. Nothing in this Section 12.05 shall limit the obligation of the Servicer to observe any Applicable Law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time or the Trustee during the Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the applicable Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor or the Trustee and to discuss its affairs, finances and accounts relating to such Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor, or the Trustee of any right under this Section 12.05 10.09 shall be borne by the Servicer. The Servicer may impose commercially reasonable restrictions on dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 10.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section 10.09 as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 10.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time the Master Servicer or the Trustee during the Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the applicable Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor, the Master Servicer or the Trustee and to discuss its affairs, finances and accounts relating to such Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor, the Master Servicer or the Trustee of any right under this Section 12.05 12.09 shall be borne by the party making the request (except in the case of requests made by the Trustee, such expenses shall be borne by the Servicer). The Servicer may impose commercially reasonable restrictions on dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 12.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section 12.09 as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 12.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that that, on reasonable prior notice, it will permit any representative of the Purchaser, at any time Depositor or the Trustee during the Servicersuch Person's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer such Person relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor or the Trustee and to discuss its affairs, finances and accounts relating to such the Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor or the Trustee of any right under this Section 12.05 10.09 shall be borne by the Servicer. The Servicer may impose commercially reasonable restrictions on the dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 10.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 10.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that that, on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time the Certificate Insurer or the Trustee, during the Servicer's ’s normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the related Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor or the Trustee and to discuss its affairs, finances and accounts relating to such the related Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor, the Certificate Insurer or the Trustee of any right under this Section 12.05 10.09 shall be borne by the Servicerparty making the request. The Servicer may impose commercially reasonable restrictions on dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 10.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 10.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that on 15 days' prior notice or, if an Event of Default has occurred and is continuing, 3 Business Days', it will permit any representative of the Purchaser, at any time Depositor or the Trustee during the Servicersuch Person's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer such Person relating to the applicable Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor or the Trustee and to discuss its affairs, finances and accounts relating to such Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor or the Trustee of any right under this Section 12.05 10.09 shall be borne by the Servicer. Nothing in this Section 12.05 10.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 10.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time the Master Servicer or the Trustee during the Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor, the Master Servicer or the Trustee and to discuss its affairs, finances and accounts relating to such the Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor, the Master Servicer or the Trustee of any right under this Section 12.05 12.09 shall be borne by the Servicer. The Servicer may impose commercially reasonable restrictions on dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 12.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section 12.09 as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 12.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that it will permit any representative of the Purchaser, at any time during the Servicer's ’s normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser and to discuss its affairs, finances and accounts relating to such Mortgage Loans with the officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts). Any reasonable out-of-pocket expense of a Servicer incident to the exercise by the Purchaser of any right under this Section 12.05 shall be borne by the Servicer. Nothing in this Section 12.05 shall limit the obligation of the Servicer to observe any Applicable Law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Each Servicer agrees that that, on reasonable prior notice, it will permit any representative of the Purchaser, at any time Depositor or the Trustee during the Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the such Servicer relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor or the Trustee and to discuss its affairs, finances and accounts relating to such the Mortgage Loans with the its officers, employees employees, agents, counsel and independent public accountants of the Servicer (and by this provision provision, the Servicer hereby authorizes said such accountants to discuss with such representative such affairs, finances and accounts). Any , all at such reasonable out-of-pocket expense of a Servicer incident to the exercise by the Purchaser of any right under this Section 12.05 shall times and as often as may be borne by the Servicerreasonably requested. Nothing in this Section 12.05 10.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section 10.09 as a result of such obligation shall not constitute a breach of this SectionSection 10.09. Nothing in this Section 12.05 10.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer Any out-of-pocket expense incident to the exercise by the Depositor or the Trustee of any right under this Section 10.09 shall not be required to make copies of or to ship documents to any Person who is not a borne by the party to this Agreement, and then only if provisions have been made for requesting such inspection (except in the reimbursement case of the costs thereofTrustee in which case such expenses shall be borne by the requesting Certificateholder(s)).

Inspection and Audit Rights. The Servicer agrees that on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time the Master Servicer or the Trustee during the Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor, the Master Servicer or the Trustee and to discuss its affairs, finances and accounts relating to such the Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor, the Master Servicer or the Trustee of any right under this Section 12.05 12.09 shall be borne by the party making the request (except in the case of requests made by the Trustee, such expenses shall be borne by the Servicer). The Servicer may impose commercially reasonable restrictions on dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 12.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section 12.09 as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 12.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Servicer agrees that that, on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time the Class A-1 Certificate Insurer or the Trustee during the Servicersuch Person's normal business hours, to examine all the books of account, records, reports and other papers of the Servicer such Person relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor or the Trustee and to discuss its affairs, finances and accounts relating to such the Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the Servicer incident to the exercise by the Purchaser Depositor, the Class A-1 Certificate Insurer or the Trustee of any right under this Section 12.05 10.09 shall be borne by the Servicer. The Servicer may impose commercially reasonable restrictions on the dissemination of information the Servicer defines as confidential. Nothing in this Section 12.05 10.09 shall limit the obligation of the Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 10.09 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.

Inspection and Audit Rights. The Each Servicer agrees that that, on reasonable prior notice, it will permit any representative of the PurchaserDepositor, at any time the Trustee or, with respect to the Group I Mortgage Loans, the Group I Master Servicer, during the related Servicer's ’s normal business hours, to examine all the books of account, records, reports and other papers of the such Servicer relating to the related Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Purchaser Depositor, the Trustee or the Group I Master Servicer and to discuss its affairs, finances and accounts relating to such the related Mortgage Loans with the its officers, employees and independent public accountants of the Servicer (and by this provision the related Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any reasonable out-of-pocket expense of a the related Servicer incident to the exercise by the Purchaser Depositor, the Trustee or the Group I Master Servicer of any right under this Section 12.05 10.09 shall be borne by the Servicerparty making the request. The related Servicer may impose commercially reasonable restrictions on dissemination of information such Servicer defines as confidential. Nothing in this Section 12.05 10.09 shall limit the obligation of the related Servicer to observe any Applicable Law applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of the related Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. Nothing in this Section 12.05 10.09 shall require the related Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The related Servicer shall not be required to make copies of or to ship documents to any Person who is not a party to this Agreement, and then only if provisions have been made for the reimbursement of the costs thereof.