Common use of Maintenance of Records and Books of Account Clause in Contracts

Maintenance of Records and Books of Account. Master Servicer shall maintain and implement administrative and operating procedures (including the ability to recreate records evidencing the Transferred Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, computer records and other information, reasonably necessary or advisable for the collection of all the Transferred Receivables. Such documents, books and computer records shall reflect all facts giving rise to the Transferred Receivables, all payments and credits with respect thereto, and such documents, books and computer records shall indicate the interests of Owner in the Transferred Receivables.

Appears in 5 contracts

Samples: Second Amended and Restated Servicing Agreement (CDF Funding, Inc.), Servicing Agreement (GE Dealer Floorplan Master Note Trust), Servicing Agreement (CDF Funding, Inc.)

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Maintenance of Records and Books of Account. Master Servicer shall maintain and implement administrative and operating procedures (including the ability to recreate records evidencing the Transferred Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, computer records and other information, reasonably necessary or advisable for the collection of all the Transferred Receivables. Such documents, books and computer records shall reflect all facts giving rise to the Transferred Receivables, all payments and credits with respect thereto, and such documents, books and computer records shall indicate the interests of Owner in the Transferred Receivables.

Appears in 3 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement (GE Capital Credit Card Master Note Trust)

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