Regulation AB Information Sample Clauses
Regulation AB Information. (a) If, at the time one or more Disclosure Documents are being prepared for a securitization, Lender expects that Borrower alone or Borrower and one or more affiliates of Borrower collectively, or the Property alone or the Property and any other parcel(s) of real property, together with improvements thereon and personal property related thereto, that is “related”, within the meaning of the definition of Significant Obligor, to the Property (a “Related Property”) collectively, will be a Significant Obligor, Borrower shall furnish to Lender upon request (i) the selected financial data or, if applicable, net operating income, required under Item 1112(b)(1) of Regulation AB and meeting the requirements thereof, if Lender expects that the principal amount of the Loan, together with any loans made to an affiliate of Borrower or secured by a Related Property that is included in a securitization with the Loan (a “Related Loan”), as of the cut-off date for such securitization may, or if the principal amount of the Loan together with any Related Loans as of the cut-off date for such securitization and at any time during which the Loan and any Related Loans are included in a securitization does, equal or exceed ten percent (10%) (but less than twenty percent (20%)) of the aggregate principal amount of all mortgage loans included or expected to be included, as applicable, in the securitization or (ii) the financial statements required under Item 1112(b)(2) of Regulation AB and meeting the requirements thereof, if Lender expects that the principal amount of the Loan together with any Related Loans as of the cut-off date for such securitization may, or if the principal amount of the Loan together with any Related Loans as of the cut-off date for such securitization and at any time during which the Loan and any Related Loans are included in a securitization does, equal or exceed twenty percent (20%) of the aggregate principal amount of all mortgage loans included or expected to be included, as applicable, in the securitization. Such financial data or financial statements shall be furnished to Lender (A) within ten (10) Business Days after notice from Lender in connection with the preparation of Disclosure Documents for the securitization, (B) not later than thirty (30) days after the end of each fiscal quarter of Borrower and (C) not later than seventy-five (75) days after the end of each fiscal year of Borrower; provided, however, that Borrower shall not be obligated to...
Regulation AB Information. (a) The Asset Representations Reviewer shall (x) within 30 calendar days after prior written request from the Transferor, provide to the Transferor such information regarding the Asset Representations Reviewer as is required for purposes of compliance with Items 1109(b), 1117 and 1119 of Regulation AB in connection with the Trust’s Annual Report on Form 10-K, and (y) within five (5) Business Days after prior written request from the Transferor, enter into an Indemnification Agreement in substantially the form of Exhibit B hereto in connection with a Series of Offered Notes (as such term is defined in the Indemnification Agreement referenced herein).
(b) As promptly as practicable following notice to or discovery by the Asset Representations Reviewer of any material changes to the most recently provided information for purposes of compliance with Items 1109(b), 1117 or 1119 of Regulation AB, provide to the Transferor, in writing, notice of such material changes.
(c) Information regarding the Asset Representations Reviewer for purposes of compliance with Items 1109(b), 1117 and 1119 of Regulation AB (“Regulation AB Information”) shall include:
(i) the Asset Representations Reviewer’s name and form of organization;
(ii) a description of the extent to which the Asset Representations Reviewer has had prior experience serving as an asset representations reviewer for asset-backed securities involving credit card receivables;
(iii) a description of any affiliation between the Asset Representations Reviewer and any of the following parties to a securitization transaction to which this Agreement relates, as such parties are identified by name to the Asset Representations Reviewer by the Transferor in the written requests made to the Asset Representations Reviewer pursuant to clause (a) of this Section 3.13;
(A) the sponsor;
(B) any depositor;
(C) the issuing entity;
(D) any servicer;
(E) any trustee;
(F) any originator;
(G) any significant obligor;
(H) any enhancement or support provider;
(I) any underwriter;
(J) any person hired by the sponsor or an underwriter to perform due diligence on the Receivables; and
(K) any other material transaction party; and
(iv) a description of any material pending legal or other proceedings involving the Asset Representations Reviewer or of which any property of the Asset Representations Reviewer is subject that, individually or in the aggregate as to the Asset Representations Reviewer, would have a material adverse impact on invest...
Regulation AB Information. Borrower shall furnish to Lender upon request the financial statements required under Item 1112(b)(2) of or otherwise by Regulation AB and meeting the requirements thereof. Such financial data or financial statements shall be furnished to Lender (a) within ten (10) Business Days after notice from Lender in connection with the preparation of disclosure documents for the securitization, (b) not later than forty-five (45) days after the end of each fiscal quarter of Borrower and (c) not later than one hundred twenty (120) days after the end of each fiscal year of Borrower; provided, however, that Borrower shall not be obligated to furnish financial data or financial statements pursuant to clauses (b) or (c) of this sentence with respect to any period for which a filing pursuant to the Exchange Act in connection with or relating to the securitization is not required. If requested by Lender, Borrower shall furnish, or shall cause Master Lessee and/or Master Lease Guarantor to furnish, to Lender financial data and/or financial statements in accordance with Regulation AB for Master Lessee and/or Master Lease Guarantor.
Regulation AB Information. (a) Borrower and Maryland Owner covenant and agree that, upon Lender’s written request therefor in connection with a Securitization, Borrower and Maryland Owner shall, at Borrower’s and Maryland Owner’s sole cost and expense, promptly deliver (x) audited financial statements and related documentation prepared by an Independent certified public accountant that satisfy securities laws and requirements for use in a public registration statement (which may include up to three (3) years of historical audited financial statements, provided, however that, audited financial statements for each individual Borrower and Maryland Owner shall not be required) and (y) if, at the time one or more Disclosure Documents are being prepared for a securitization, Lender expects that Borrower or Maryland Owner alone or Borrower, Maryland Owner and one or more affiliates of Borrower or Maryland Owner collectively, or the Property alone or the Property and any other parcel(s) of real property,