Common use of Missing or Insufficient Review Materials Clause in Contracts

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar days before completing the Asset Representations Review. The Servicer will have 15 calendar days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiency. If the missing Review Materials or other documents have not been provided by the Servicer within 15 calendar days, the related Review Report will report a Test Fail for each Test that requires use of the missing or insufficient Review Materials.

Appears in 72 contracts

Samples: Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-4), Asset Representations Review Agreement (Carmax Auto Funding LLC), Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-3)

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Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any that there are missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer and the Administrator promptly, and in any event no less than 20 calendar days twenty (20) Business Days before completing the Asset Representations Review. The Servicer will have 15 calendar days fifteen (15) Business Days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the any such insufficiency. If the missing or insufficient Review Materials or other documents or information have not been provided by the Servicer within 15 calendar dayssuch fifteen (15) Business Day period, the related Review Report will report a Test Fail for each Test that requires use in respect of the which such missing or insufficient Review MaterialsMaterials is necessary to determine whether a Test Pass result is appropriate.

Appears in 65 contracts

Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-D Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-D Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2023-C Owner Trust)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar twenty (20) days before completing the Asset Representations Review. The Servicer will have 15 calendar fifteen (15) days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiency. If the missing Review Materials or other documents have not been provided by the Servicer within 15 calendar fifteen (15) days, the related Review Report will report a Test Fail for each Test that requires use of the missing or insufficient Review Materials.

Appears in 28 contracts

Samples: Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2024-A)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer reasonably determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 twenty (20) calendar days before completing the Asset Representations Review. The Servicer will have 15 calendar days use reasonable efforts to give provide the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiencyinsufficiency within fifteen (15) calendar days. If the missing Review Materials or other documents have not been provided by the Servicer within 15 sixty (60) calendar days, the related Review Report will report a Test Fail Incomplete for each Test that requires use of the missing or insufficient Review Materials.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer reasonably determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar days before completing the Asset Representations Review. The Servicer will have 15 calendar days use reasonable efforts to give provide the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiencyinsufficiency within 15 calendar days. If the missing Review Materials or other documents have not been provided by the Servicer within 15 60 calendar days, the related Review Report will report a Test Fail Incomplete for each Test that requires use of the missing or insufficient Review Materials.

Appears in 7 contracts

Samples: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar days before completing the Asset Representations Review. The Servicer will have 15 calendar days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiency. If the missing Review Materials or other documents have not been provided by the Servicer within 15 calendar days, the related Review Receivable will have a Test Fail for the Test or Tests that require use of the missing or insufficient Review Materials, the Test or Tests will be considered completed and the Review Report will report a Test Fail for each the Test that requires use of or Tests and the missing or insufficient Review Materialsreason for the Test Fail.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Ford Credit Floorplan LLC), Asset Representations Review Agreement (Ford Credit Floorplan LLC), Asset Representations Review Agreement (Ford Credit Floorplan Corp)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer reasonably determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 [20] calendar days before completing the Asset Representations Review. The Servicer will have 15 calendar days use reasonable efforts to give provide the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiencyinsufficiency within [15] calendar days. If the missing Review Materials or other documents have not been provided by the Servicer within 15 [60] calendar days, the related Review Report will report a Test Fail Incomplete for each Test that requires use of the missing or insufficient Review Materials.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Vw Credit Leasing LTD), Asset Representations Review Agreement (Vw Credit Leasing LTD), Asset Representations Review Agreement (Vw Credit Leasing LTD)

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Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar days before completing the Asset Representations Review. The Servicer will have 15 calendar days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiency. If the missing Review Materials or other documents have not been provided by the Servicer within 15 calendar days, the related Review Report will report a Test Fail for each Test that requires use of the missing or insufficient Review Materials.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (World Omni Select Auto Trust 2021-A), Asset Representations Review Agreement (World Omni Select Auto Trust 2021-A)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar days before completing within ten (10) Business Days after receipt of access to the Asset Representations ReviewReview Materials. The Servicer will have 15 calendar days fifteen (15) Business Days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the any such insufficiency. If the missing or insufficient Review Materials or other documents or information have not been provided by the Servicer within 15 calendar daysfifteen (15) Business Days, the related Review Report Receivable will report have a Test Fail Incomplete for each the Test or Tests that requires require use of the missing or insufficient Review MaterialsMaterials and the Review Report will report will include the reason for the Test Incomplete.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Verizon Owner Trust 2020-B)

Missing or Insufficient Review Materials. Upon receipt of the Review Materials, the The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to perform any Test. If the Asset Representations Reviewer determines any that there are missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 20 calendar [20] days before completing the Asset Representations Review. The Servicer will have 15 calendar [15] days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the any such insufficiency. If the missing or insufficient Review Materials or other documents or information have not been provided by the Servicer within 15 calendar [15] days, the related Review Report will report a Test Fail for each Test that requires use in respect of the which such missing or insufficient Review MaterialsMaterials is necessary to determine whether a Test Pass result is appropriate.

Appears in 1 contract

Samples: Asset Representations Review Agreement (BMW Fs Securities LLC)

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