Common use of Review of Sponsor’s Records Clause in Contracts

Review of Sponsor’s Records. The Sponsor will maintain records and documents relating to the origination, underwriting and purchasing of the Leases and Leased Vehicles according to its customary business practices. The Sponsor will give the Depositor access to the records and documents to conduct a review of the representations and warranties made by the Sponsor about the Leases and Leased Vehicles or in connection with any request or demand to reallocate a Lease and Leased Vehicle or any dispute resolution proceeding for a request or demand or any Review by the Asset Representations Reviewer. Any access or review will be conducted at the Sponsor’s offices during its normal business hours at a time reasonably convenient to the Sponsor and in a manner that will minimize disruption to its business operations. Any access or review will be subject to the Sponsor’s confidentiality and privacy policies.

Appears in 26 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-A)

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Review of Sponsor’s Records. The Sponsor will maintain records and documents relating to the origination, underwriting and purchasing of the Leases and Leased Vehicles according to its customary business practices. The Sponsor will give the Depositor access to the records and documents to conduct a review of the representations and warranties made by the Sponsor about the Leases and Leased Vehicles or in connection with any request or demand to reallocate a Lease and Leased Vehicle or any dispute resolution proceeding for a request or demand or any Review by the Asset Representations Reviewer. Any access or review will be conducted at the Sponsor’s 's offices during its normal business hours at a time reasonably convenient to the Sponsor and in a manner that will minimize disruption to its business operations. Any access or review will be subject to the Sponsor’s 's confidentiality and privacy policies.

Appears in 11 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A)

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