Common use of Owner's Right to Examine Company Records Clause in Contracts

Owner's Right to Examine Company Records. (a) The Company shall cooperate with the Owner, its counsel, accountants, supervisory agents, examiners and other representatives in providing reasonable access during normal business hours to examine and audit any and all of the books, records, documentation or other information of the Company related to the Mortgage Loans, which may be relevant to the performance or observance by the Company of the terms, covenants or conditions of this Agreement. (b) The examination and audit rights and other rights to access described in clause (a) above shall be afforded by the Company at its offices without charge, upon reasonable request, and during normal business hours or at such other times as may be reasonable under applicable circumstances. The Company, at its expense, shall make available all customary, reasonable office space, facilities, and equipment for the visiting party and shall provide the visiting party with access to reasonable cooperation with its officers and employees. The salaries, travel, subsistence and other related expenses for Owner's representatives shall be borne by the Owner.

Appears in 4 contracts

Samples: Portfolio Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Portfolio Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Portfolio Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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Owner's Right to Examine Company Records. (a) The Company Company’ shall cooperate with the Owner, its counsel, accountants, . supervisory agents, examiners and other representatives in providing reasonable access during normal business hours to examine and audit any and all of the books, records, documentation or other information of the Company related to the Mortgage Loans, which may be relevant to the performance or observance by for the Company of the terms, covenants or conditions of this Agreement. (b) The examination and audit rights and other rights to access described in clause (a) above shall be afforded by the Company at its offices without charge, upon reasonable request, and during normal business hours or at such other times as may be reasonable under applicable circumstances. The Company, at its expense, shall make available all customary, reasonable office space, facilities, and equipment for the visiting party and shall provide the visiting party with access to reasonable cooperation with its officers and employees. The salaries, travel, subsistence and other related expenses for Owner's ’s representatives shall be borne by the Owner.

Appears in 1 contract

Samples: Portfolio Servicing Agreement (PHH Corp)

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