Seller’s Access to Servicer’s Records. The Seller shall have access upon reasonable notice to Servicer, during business hours or at such other times as might be reasonable under applicable circumstances, to any and all of the books and records of Servicer that relate to the performance or observance by Servicer of the terms, covenants or conditions of this Agreement. Further, Servicer hereby authorizes the Seller, in connection with a sale of the Mortgage Loans, to make available to prospective purchasers a Consolidated Statement of Operations of Servicer, or its parent company, prepared by or at the request of Servicer for the most recently completed three (3) fiscal years for which such a statement is available as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by such Consolidated Statement of Operations. Servicer also agrees to make available to any prospective purchaser, upon reasonable notice and during normal business hours, a knowledgeable financial or accounting officer for the purpose of answering questions respecting Servicer's ability to perform under this Agreement. The Seller agrees to reimburse Servicer for any out-of-pocket costs incurred by Servicer in connection with its obligations under this Section 6.6.
Appears in 4 contracts
Samples: Assignment, Assumption and Recognition Agreement (HASCO Trust 2007-He2), Assignment, Assumption and Recognition Agreement (HSI Asset Securitization CORP Trust 2007-Nc1), Assignment, Assumption and Recognition Agreement (HSI Asset Securitization CORP Trust 2006-He2)