Common use of Reports; Other Information Clause in Contracts

Reports; Other Information. Each of AFS SenSub and the Company shall keep or cause to be kept in reasonable detail books and records of account of their respective assets and business. Each of AFS SenSub and the Company shall furnish or caused to be furnished to Financial Security: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security may reasonably request; provided, however, that neither the Company nor AFS SenSub shall be required to deliver any such items if provision by some other party to Financial Security is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company and AFS SenSub shall, upon the request of Financial Security, permit Financial Security or its authorized agents (A) to inspect its books and records as they may relate to the Securities, the Receivables, the Certificate, the obligations of AFS SenSub and the Company under the Transaction Documents, the Transaction and, but only following the occurrence of a Special Event, AFS SenSub’s business; (B) to discuss the affairs, finances and accounts of AFS SenSub and the Company with an officer of each upon Financial Security’s reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub and the Company with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The fees and expenses of Financial Security or any such authorized agents shall be for the account of AmeriCredit. (ii) The Company shall provide or cause to be provided to Financial Security an executed original copy of each document executed in connection with the transaction within 30 days after the date of closing.

Appears in 3 contracts

Samples: Insurance and Indemnity Agreement (AFS SenSub Corp.), Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2007-D-F), Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2008-a-F)

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Reports; Other Information. Each of AFS SenSub Funding Trust and the Company shall keep or cause to be kept in reasonable detail books and records of account of their respective assets and business. Each of AFS SenSub Funding Trust and the Company shall furnish or caused to be furnished to Financial Security: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub Funding Trust pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security may reasonably request; provided, however, that neither the Company nor AFS SenSub Funding Trust shall be required to deliver any such items if provision by some other party to Financial Security is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company and AFS SenSub Funding Trust shall, upon the request of Financial Security, permit Financial Security or its authorized agents (A) to inspect its books and records as they may relate to the Securities, the Receivables, the Certificate, the obligations of AFS SenSub Funding Trust and the Company under the Transaction Documents, the Transaction and, but only following the occurrence of a Special Event, AFS SenSubFunding Trust’s business; (B) to discuss the affairs, finances and accounts of AFS SenSub Funding Trust and the Company with an officer of each upon Financial Security’s reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub Funding Trust and the Company with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The fees and expenses of Financial Security or any such authorized agents shall be for the account of AmeriCredit. (ii) The Company shall provide or cause to be provided to Financial Security an executed original copy of each document executed in connection with the transaction within 30 days after the date of closing.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Americredit Automobile Receivables Trust 2005-C-F), Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2004-D-F)

Reports; Other Information. Each of AFS SenSub and the Company shall keep or cause to be kept in reasonable detail books and records of account of their respective assets and business. Each of AFS SenSub and the Company shall furnish or caused to be furnished to Financial SecurityAssured Guaranty: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security Assured Guaranty may reasonably request; provided, however, that neither the Company nor AFS SenSub shall be required to deliver any such items if provision by some other party to Financial Security Assured Guaranty is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company and AFS SenSub shall, upon the request of Financial SecurityAssured Guaranty, permit Financial Security Assured Guaranty or its authorized agents (A) to inspect its books and records as they may relate to the Securities, the Receivables, the Certificate, the obligations of AFS SenSub and the Company under the Transaction Documents, the Transaction and, but only following the occurrence of a Special Event, AFS SenSub’s business; (B) to discuss the affairs, finances and accounts of AFS SenSub and the Company with an officer of each upon Financial SecurityAssured Guaranty’s reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub and the Company with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The fees and expenses of Financial Security Assured Guaranty or any such authorized agents shall be for the account of AmeriCredit. (ii) The Company shall provide or cause to be provided to Financial Security Assured Guaranty an executed original copy of each document executed in connection with the transaction within 30 days after the date of closing.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2010-B), Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2010-A)

Reports; Other Information. Each of AFS SenSub TFCRC III and the Company TFC shall -------------------------- keep or cause to be kept in reasonable detail books and records of account of their respective assets and business, and in the case of TFC, which shall clearly reflect the transfer of the Receivables to TFCRC III, and, in the case of TFCRC III, which shall clearly reflect the transfer of the Receivables to the Issuer, and subsequently to the Trust Collateral Agent. Each of AFS SenSub TFCRC III and the Company TFC shall furnish or caused to be furnished to Financial Security: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub TFCRC III and TFC pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security may reasonably request; provided, however, that neither the Company TFCRC III nor AFS SenSub TFC shall be required to deliver any such items if provision by some other party to Financial Security is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company TFCRC III and AFS SenSub TFC shall, upon the reasonable request of Financial Security, permit Financial Security or its authorized agents (including, without limitation, any reinsurers of Financial Security appointed by Financial Security as an agent for such purposes) (A) to inspect its books and records as they may relate to the SecuritiesNotes, the Receivables, the Certificate, the obligations of AFS SenSub TFCRC III and the Company TFC under the Transaction Documents, the Transaction and, but only following and the occurrence business of a Special Event, AFS SenSub’s businessTFC or TFCRC III; (B) to discuss the affairs, finances and accounts of AFS SenSub TFCRC III and the Company TFC with an officer of each upon Financial Security’s 's reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub TFCRC III and the Company TFC with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The reasonable fees and expenses of Financial Security or any such authorized agents shall be for the account of AmeriCreditTFC. (ii) The Company TFC shall provide or cause to be provided to Financial Security an executed original copy of each document executed in connection with the transaction within 30 days after the date Closing Date. (iii) At least 30 days prior to the implementation thereof, notice of closingany material change to the software, hardware or other systems employed by the Parent or TFC in connection with billing, collecting or otherwise servicing the Receivables.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)

Reports; Other Information. Each of AFS SenSub TFCRC and the Company TFC shall keep or -------------------------- cause to be kept in reasonable detail books and records of account of their respective assets and business, and in the case of TFC, which shall clearly reflect the transfer of the Receivables to TFCRC, and, in the case of TFCRC, which shall clearly reflect the transfer of the Receivables to the Trust Collateral Agent. Each of AFS SenSub TFCRC and the Company TFC shall furnish or caused to be furnished to Financial SecurityAGIC: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub TFCRC and TFC pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security AGIC may reasonably request; provided, however, that neither the Company TFCRC nor AFS SenSub TFC shall be required to deliver any such items if provision by some other party to Financial Security AGIC is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company TFCRC and AFS SenSub TFC shall, upon the reasonable request of Financial SecurityAGIC, permit Financial Security AGIC or its authorized agents (A) to inspect its books and records as they may relate to the SecuritiesNotes, the Receivables, the Certificate, the obligations of AFS SenSub TFCRC and the Company TFC under the Transaction Documents, the Transaction and, but only following and the occurrence business of a Special Event, AFS SenSub’s businessTFC or TFCRC; (B) to discuss the affairs, finances and accounts of AFS SenSub TFCRC and the Company TFC with an officer of each upon Financial Security’s AGIC's reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub TFCRC and the Company TFC with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The reasonable fees and expenses of Financial Security AGIC or any such authorized agents shall be for the account of AmeriCreditTFC. (ii) The Company TFC shall provide or cause to be provided to Financial Security AGIC an executed original copy of each document executed in connection with the transaction within 30 days after the date Closing Date. (iii) At least 30 days prior to the implementation thereof, notice of closingany material change to the software, hardware or other systems employed by the Parent or TFC in connection with billing, collecting or otherwise servicing the Receivables.

Appears in 1 contract

Samples: Insurance and Reimbursement Agreement (TFC Enterprises Inc)

Reports; Other Information. Each of AFS SenSub TFCRC V and the Company TFC shall -------------------------- keep or cause to be kept in reasonable detail detail, books and records of account of their respective assets and business, and in the case of TFC, which shall clearly reflect the transfer of the Receivables to TFCRC V, and, in the case of TFCRC V, which shall clearly reflect the transfer of the Receivables to the Issuer, and subsequently to the Trust Collateral Agent. Each of AFS SenSub TFCRC V and the Company TFC shall furnish or caused to be furnished to Financial SecurityRadian: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub TFCRC V and TFC pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security Radian may reasonably request; provided, -------- however, that neither the Company TFCRC V nor AFS SenSub TFC shall be required to ------- deliver any such items if provision by some other party to Financial Security Radian is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company TFCRC V and AFS SenSub TFC shall, upon the reasonable request of Financial SecurityRadian, permit Financial Security Radian or its authorized agents (including, without limitation, any reinsurers of Radian appointed by Radian as an agent for such purposes) (A) to inspect its books and records as they may relate to the SecuritiesNotes, the Receivables, the Certificate, the obligations of AFS SenSub TFCRC V and the Company TFC under the Transaction Documents, the Transaction and, but only following and the occurrence business of a Special Event, AFS SenSub’s businessTFC or TFCRC V; (B) to discuss the affairs, finances and accounts of AFS SenSub TFCRC V and the Company TFC with an officer of each such Person upon Financial Security’s Radian's reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub TFCRC V and the Company TFC with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The reasonable fees and expenses of Financial Security Radian or any such authorized agents shall be for the account of AmeriCreditTFC. (ii) The Company TFC shall provide or cause to be provided to Financial Security Radian an executed original copy of each document executed in connection with the transaction within 30 days after the date Closing Date. (iii) At least 30 days prior to the implementation thereof, notice of closingany material change to the software, hardware or other systems employed by the Parent or TFC in connection with billing, collecting or otherwise servicing the Receivables.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)

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Reports; Other Information. Each of AFS SenSub Funding Trust and the Company shall keep or cause to be kept in reasonable detail books and records of account of their respective assets and business. Each of AFS SenSub Funding Trust and the Company shall furnish or caused to be furnished to Financial Security: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub Funding Trust pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security may reasonably request; provided, however, that neither the Company nor AFS SenSub Funding Trust shall be required to deliver any such items if provision by some other party to Financial Security is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company and AFS SenSub Funding Trust shall, upon the request of Financial Security, permit Financial Security or its authorized agents (A) to inspect its books and records as they may relate to the Securities, the Receivables, the Certificate, the obligations of AFS SenSub Funding Trust and the Company under the Transaction Documents, the Transaction and, but only following the occurrence of a Special Event, AFS SenSub’s Funding Trust's business; (B) to discuss the affairs, finances and accounts of AFS SenSub Funding Trust and the Company with an officer of each upon Financial Security’s 's reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub Funding Trust and the Company with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The fees and expenses of Financial Security or any such authorized agents shall be for the account of AmeriCredit. (ii) The Company shall provide or cause to be provided to Financial Security an executed original copy of each document executed in connection with the transaction within 30 days after the date of closing.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (AFS Funding Trust)

Reports; Other Information. Each of AFS SenSub TFCRC VI and the Company TFC shall keep or cause to be kept in reasonable detail detail, books and records of account of their respective assets and business, and in the case of TFC, which shall clearly reflect the transfer of the Receivables to TFCRC VI, and, in the case of TFCRC VI, which shall clearly reflect the transfer of the Receivables to the Issuer, and subsequently to the Trust Collateral Agent. Each of AFS SenSub TFCRC VI and the Company TFC shall furnish or caused to be furnished to Financial SecurityRadian: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub TFCRC VI and TFC pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security may reasonably request; provided, however, that neither the Company nor AFS SenSub shall be required to deliver any such items if provision by some other party to Financial Security is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company and AFS SenSub shall, upon the request of Financial Security, permit Financial Security or its authorized agents other (A) to inspect its books and records as they may relate to the SecuritiesNotes, the Receivables, the Certificate, the obligations of AFS SenSub TFCRC VI and the Company TFC under the Transaction Documents, the Transaction and, but only following and the occurrence business of a Special Event, AFS SenSub’s businessTFC or TFCRC VI; (B) to discuss the affairs, finances and accounts of AFS SenSub TFCRC VI and the Company TFC with an officer of each such Person upon Financial Security’s Radian's reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub TFCRC VI and the Company TFC with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The reasonable fees and expenses of Financial Security Radian or any such authorized agents shall be for the account of AmeriCreditTFC. (ii) The Company TFC shall provide or cause to be provided to Financial Security Radian an executed original copy of each document executed in connection with the transaction within 30 days after the date Closing Date. (iii) At least 30 days prior to the implementation thereof, notice of closingany material change to the software, hardware or other systems employed by the Parent or TFC in connection with billing, collecting or otherwise servicing the Receivables.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)

Reports; Other Information. Each of AFS SenSub TFCRC IV and the Company TFC shall -------------------------- keep or cause to be kept in reasonable detail books and records of account of their respective assets and business, and in the case of TFC, which shall clearly reflect the transfer of the Receivables to TFCRC IV, and, in the case of TFCRC IV, which shall clearly reflect the transfer of the Receivables to the Issuer, and subsequently to the Trust Collateral Agent. Each of AFS SenSub TFCRC IV and the Company TFC shall furnish or caused to be furnished to Financial SecurityAGIC: (i) Promptly upon receipt thereof, copies of all reports, statements, certifications, schedules, or other similar items delivered to or by the Company or AFS SenSub TFCRC IV and TFC pursuant to the terms of the Transaction Documents and, promptly upon request, such other data as Financial Security may reasonably request; provided, however, that neither the Company nor AFS SenSub shall be required to deliver any such items if provision by some other party to Financial Security is required under the Transaction Documents unless such other party wrongfully fails to deliver such item. The Company and AFS SenSub shall, upon the request of Financial Security, permit Financial Security or its authorized agents , (A) to inspect its books and records as they may relate to the SecuritiesNotes, the Receivables, the Certificate, the obligations of AFS SenSub TFCRC IV and the Company TFC under the Transaction Documents, the Transaction and, but only following and the occurrence business of a Special Event, AFS SenSub’s businessTFC or TFCRC IV; (B) to discuss the affairs, finances and accounts of AFS SenSub TFCRC IV and the Company TFC with an officer of each upon Financial Security’s AGIC's reasonable request; and (C) upon the occurrence of a Special Event, to discuss the affairs, finances and accounts of AFS SenSub TFCRC IV and the Company TFC with its independent accountants, provided that an officer of such Person shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of such Person. The reasonable fees and expenses of Financial Security AGIC or any such authorized agents shall be for the account of AmeriCreditTFC. (ii) The Company TFC shall provide or cause to be provided to Financial Security AGIC an executed original copy of each document executed in connection with the transaction within 30 days after the date Closing Date. (iii) At least 30 days prior to the implementation thereof, notice of closingany material change to the software, hardware or other systems employed by the Parent or TFC in connection with billing, collecting or otherwise servicing the Receivables.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)

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