Common use of Lot Checks Clause in Contracts

Lot Checks. The Seller shall, or shall cause the Servicer to, conduct Lot Checks of the Obligors according to the Originator’s customary practices or such more frequent intervals as may reasonably be requested by the Agent.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.)

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Lot Checks. The Seller shall, or shall cause the Servicer Originator to, conduct Lot Checks of the Obligors according to the Originator’s customary practices or such more frequent intervals as may reasonably be requested by the Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.)

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