Common use of Maintenance of Files Clause in Contracts

Maintenance of Files. The Servicer shall, for not less than three (3) years or for such longer period as may be required by law, from the date on which any Loan is paid in full, maintain the Records with respect to each Loan, including records of all payments received, credits granted and property returned. The Servicer will permit representatives of the Issuer or its designee at any reasonable time during normal business hours, and at such times outside of normal business hours as the Issuer shall reasonably request, (i) to inspect and make copies of and abstracts from such Records, (ii) to visit the properties of the Servicer utilized in connection with the collection, processing or servicing of the Loans for the purpose of examining such Records, and (iii) to discuss matters relating to the Loans or the Servicer’s performance under this Agreement with any officer, employee or accountants of the Servicer having knowledge of such matters. In connection therewith, the Issuer shall institute procedures to permit it to confirm the Loan Value in respect of any Loan; provided that no one other than the Servicer or any Sub-Servicer or Person to whom the Servicer has delegated duties in accordance with the terms of this Agreement, subject to any other arrangements made by the Issuer or its designee, will contact an Obligor unless a Servicer Default has occurred. The Servicer agrees to render to the Issuer such clerical and other assistance as may be reasonably requested with regard to the foregoing.

Appears in 6 contracts

Samples: Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2011-1)

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Maintenance of Files. The Servicer shall, for not less than three (3) years or for such longer period as may be required by law, from the date on which any Loan is paid in full, maintain the Records with respect to each Loan, including records of all payments received, credits granted and property returned. The Servicer will permit representatives of the Issuer or its designee at any reasonable time during normal business hours, and at such times outside of normal business hours as the Issuer shall reasonably request, (i) to inspect and make copies of and abstracts from such Records, (ii) to visit the properties of the Servicer utilized in connection with the collection, processing or servicing of the Loans for the purpose of examining such Records, and (iii) to discuss matters relating to the Loans or the Servicer’s 's performance under this Agreement with any officer, employee or accountants of the Servicer having knowledge of such matters. In connection therewith, the Issuer shall institute procedures to permit it to confirm the Loan Value in respect of any Loan; provided that no one other than the Servicer or any Sub-Servicer or Person to whom the Servicer has delegated duties in accordance with the terms of this AgreementServicer, subject to any other arrangements made by the Issuer or its designeeIssuer, will contact an Obligor unless a Servicer Default has occurred. The Servicer agrees to render to the Issuer such clerical and other assistance as may be reasonably requested with regard to the foregoing.

Appears in 3 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (GE Equipment Midticket LLC, Series 2006-1), Servicing Agreement (Cef Equipment Holding Ge Commerical Equip Fin Series 2004-1)

Maintenance of Files. The Servicer shall, for not less than three (3) years or for such longer period as may be required by law, from the date on which any Loan is paid in full, maintain the Records with respect to each Loan, including records of all payments received, credits granted and property returned. The Servicer will permit representatives of the Issuer or its designee at any reasonable time during normal business hours, and at such times outside of normal business hours as the Issuer shall reasonably request, (i) to inspect and make copies of and abstracts from such Records, (ii) to visit the properties of the Servicer utilized in connection with the collection, processing or servicing of the Loans for the purpose of examining such Records, and (iii) to discuss matters relating to the Loans or the Servicer’s performance under this Agreement with any officer, employee or accountants of the Servicer having knowledge of such matters. In connection therewith, the Issuer shall institute procedures to permit it to confirm the Loan Value in respect of any Loan; provided that no one other than the Servicer or any Sub-Servicer or Person to whom the Servicer has delegated duties in accordance with the terms of this AgreementServicer, subject to any other arrangements made by the Issuer or its designeeIssuer, will contact an Obligor unless a Servicer Default has occurred. The Servicer agrees to render to the Issuer such clerical and other assistance as may be reasonably requested with regard to the foregoing.

Appears in 3 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

Maintenance of Files. The Servicer shall, for not less than three (3) years or for such longer period as may be required by law, from the date on which any Loan is paid in full, maintain the Records with respect to each Loan, including records of all payments received, credits granted and property returned. The Servicer will permit representatives of the Issuer or its designee at any reasonable time during normal business hours, and at such times outside of normal business hours as the Issuer shall reasonably request, (i) to inspect and make copies of and abstracts from such Records, (ii) to visit the properties of the Servicer utilized in connection with the collection, processing or servicing of the Loans for the purpose of examining such Records, and (iii) to discuss matters relating to the Loans or the Servicer’s performance under this Agreement with any officer, employee or accountants of the Servicer having knowledge of such matters. In connection therewith, the Issuer shall institute procedures to permit it to confirm the Loan Value in respect of any Loan; provided that no one other than the Servicer or any Sub-Servicer or Person to whom the Servicer has delegated duties in accordance with the terms of this AgreementServicer, subject to any other arrangements made by the Issuer or its designeeIssuer, will contact an Obligor unless a Servicer Default has occurred. The Servicer agrees to render to the Issuer such clerical and other assistance as may be reasonably requested with regard to the foregoing.

Appears in 2 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

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Maintenance of Files. The Servicer shall, for not less than three (3) years or for such longer period as may be required by law, from the date on which any Loan Receivable is paid in full, maintain the Records with respect to each LoanReceivable, including records of all payments received, credits granted and property returned. The Servicer will permit representatives of the Issuer or its designee at any reasonable time during normal business hours, and at such times outside of normal business hours as the Issuer shall reasonably request, (i) to inspect and make copies of and abstracts from such Recordsrecords, and (ii) to visit the properties of the Servicer utilized in connection with the collection, processing or servicing of the Loans Receivables for the purpose of examining such Records, and (iii) to discuss matters relating to the Loans Receivables or the Servicer’s 's performance under this Agreement with any officer, employee or accountants of the Servicer having knowledge of such matters. In connection therewith, the Issuer shall institute procedures to permit it to confirm the Loan Value Receivable Balance in respect of any LoanReceivables; provided that no one other than the Servicer or any Sub-Servicer or Person to whom the Servicer has delegated duties in accordance with the terms of this AgreementServicer, subject to any other arrangements made by the Issuer or its designeeIssuer, will contact an Obligor unless a Servicer Default has occurred. The Servicer agrees to render to the Issuer such clerical and other assistance as may be reasonably requested with regard to the foregoing.

Appears in 1 contract

Samples: Servicing Agreement (Cef Equipment Holding LLC)

Maintenance of Files. The Servicer shall, for not less than three (3) years or for such longer period as may be required by law, from the date on which any Loan is paid in full, maintain the Records with respect to each Loan, including records of all payments received, credits granted and property returned. The Servicer will permit representatives of the Issuer or its designee at any reasonable time during normal business hours, and at such times outside of normal business hours as the Issuer shall reasonably request, (i) to inspect and make copies of and abstracts from such Recordsrecords, and (ii) to visit the properties of the Servicer utilized in connection with the collection, processing or servicing of the Loans for the purpose of examining such Records, and (iii) to discuss matters relating to the Loans or the Servicer’s 's performance under this Agreement with any officer, employee or accountants of the Servicer having knowledge of such matters. In connection therewith, the Issuer shall institute procedures to permit it to confirm the Loan Value Balance in respect of any LoanLoans; provided that no one other than the Servicer or any Sub-Servicer or Person to whom the Servicer has delegated duties in accordance with the terms of this AgreementServicer, subject to any other arrangements made by the Issuer or its designeeIssuer, will contact an Obligor unless a Servicer Default has occurred. The Servicer agrees to render to the Issuer such clerical and other assistance as may be reasonably requested with regard to the foregoing.

Appears in 1 contract

Samples: Servicing Agreement (Cef Equipment Holding LLC)

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