Missing or Incomplete Review Materials. The Asset Representations Reviewer will complete the Tests for each Eligible Representation only using documentation that is made available. Upon receipt of the Review Materials, The Asset Representations Reviewer will complete an initial document inventory to verify there are no systemic documentation errors, including but not limited to consistently missing or incomplete information in each ARR Receivable file, and missing or incomplete Review Policies. The purpose of this review is to determine if there are systemic issues with documentation, and there may still be instances where certain pieces of information for an individual ARR Receivable are missing or incomplete. Once it has confirmed the majority of the Review Materials are available, the Asset Representations Reviewer will commence the Review. In instances where Review Material is not accessible, clearly unidentifiable, and/or illegible, the Asset Representations Reviewer will request that the Servicer provide an updated copy of such Review Material. The Servicer must provide, or cause to be provided, missing Review Material to the Asset Representations Reviewer within [ ] days of notification by the Asset Representations Reviewer. In the event missing Review Material is not provided within this timeframe, the Asset Representations Reviewer will complete the associated Tests in consideration that such Review Material is missing.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (John Deere Receivables, Inc.), Asset Representations Review Agreement (John Deere Receivables, Inc.)
Missing or Incomplete Review Materials. The Asset Representations Reviewer will complete the Tests for each Eligible Representation only using documentation that is made available. Upon receipt of the Review Materials, The Asset Representations Reviewer will complete an initial document inventory to verify there are no systemic documentation errors, including but not limited to consistently missing or incomplete information in each ARR Receivable Review Asset file, and missing or incomplete Review Policies. The purpose of this review is to determine if there are systemic issues with documentation, and there may still be instances where certain pieces of information for an individual ARR Receivable Review Asset are missing or incomplete. Once it has confirmed the majority of the Review Materials are available, the Asset Representations Reviewer will commence the Review. In instances where Review Material is not accessible, clearly unidentifiable, and/or illegible, the Asset Representations Reviewer will request that the Servicer provide an updated copy of such Review Material. The Servicer must provide, or cause to be provided, missing Review Material to the Asset Representations Reviewer within [ [__] days of notification by the Asset Representations Reviewer. In the event missing Review Material is not provided within this timeframe, the Asset Representations Reviewer will complete the associated Tests in consideration that such Review Material is missing.
Appears in 1 contract
Samples: Asset Representations Review Agreement (Financial Services Vehicle Trust)