Common use of Other Necessary Data Clause in Contracts

Other Necessary Data. The Servicer shall, on request of the Back-up Servicer, the Trustee or MBIA, (i) on reasonable notice, furnish the Trustee, the Back-up Servicer or MBIA such data necessary for the administration of the Trust Estate as can be reasonably generated by the Servicer's existing data processing systems, and (ii) on and after a Servicer Event of Default, within 5 Business Days, provide the Trustee and the Back-up Servicer with access to the Servicer's existing data processing systems and any files or records with respect to the Lease Assets that it may have.

Appears in 3 contracts

Samples: Servicing Agreement (Granite Financial Inc), Servicing Agreement (Granite Financial Inc), Servicing Agreement (Granite Financial Inc)

AutoNDA by SimpleDocs

Other Necessary Data. The Servicer shall, on request of the Back-up Servicer, the Indenture Trustee or MBIAthe Majority Noteholders, (i) on reasonable notice, furnish the Trustee, Indenture Trustee or the Back-up Servicer or MBIA Noteholders such data necessary for the administration of the Trust Estate as can be reasonably generated by the Servicer's existing data processing systems, and (ii) on and after a Servicer Event of DefaultServicing Termination Event, within 5 three Business Days, provide the Indenture Trustee and the Back-up Servicer with access to the Servicer's existing data processing systems and any files or records with respect to the Lease Assets that it may have.

Appears in 1 contract

Samples: Servicing Agreement (Nova Corp \Ga\)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!