REPORTS TO BE PROVIDED BY THE MASTER SERVICER. The Master Servicer agrees to make available on a reasonable basis to the Certificate Insurer a knowledgeable financial or accounting officer for the purpose of answering reasonable questions respecting recent developments affecting the Master Servicer or the financial statements of the Master Servicer and to permit the Certificate Insurer to inspect the Master Servicer's servicing facilities during normal business hours for the purpose of satisfying the Certificate Insurer that the Master Servicer has the ability to service the Mortgage Loans in accordance with this Agreement. With respect to the liquidation of a Mortgage Loan or disposition of an REO Property, upon the determination by the Master Servicer that all Liquidation Proceeds which it expects to recover with respect to such Mortgage Loan or REO Property have been recovered, the Master Servicer shall promptly deliver to the Certificate Insurer a related Liquidation Report with respect to such Mortgage Loan.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp), Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp), Pooling and Servicing Agreement (Southern Pacific Secured Assets Corp)
