Third Party Due Diligence Reports Sample Clauses
The Third Party Due Diligence Reports clause requires one party to conduct and provide reports on the background, reputation, and compliance status of third parties involved in a transaction or business relationship. Typically, this involves gathering information on vendors, suppliers, or subcontractors to assess risks such as legal compliance, financial stability, or ethical conduct. By mandating these reports, the clause helps ensure that all third parties meet certain standards, thereby reducing the risk of legal or reputational harm to the contracting parties.
Third Party Due Diligence Reports. (i) The Depositor has not obtained any third party due diligence report contemplated by Rule 15Ga-2 under the Exchange Act (each, a “Due Diligence Report”) in connection with the transactions contemplated by this Agreement and the Prospectus other than the agreed-upon procedures reports (the “Accountants’ Due Diligence Reports”), in form and substance reasonably satisfactory to the Representative, obtained from the accounting firm (the “Accountants”) engaged to provide procedures involving a comparison of information in the loan files for the Mortgage Loans to information on a data tape relating to the Mortgage Loans (“Due Diligence Services”), copies of which have been furnished to the Representative, at the request of the Depositor, and addressed to the Underwriters, as applicable. The Accountants have consented to the use of the Accountants’ Due Diligence Reports in the preparation of a Form 15G (as defined below) furnished on ▇▇▇▇▇ as required by Rule 15Ga-2 under the Exchange Act (“Rule 15Ga-2”).
(ii) Any certification on Form ABS Due Diligence-15E (a “Form 15E”) received by the Depositor from the Accountants in connection with the Due Diligence Services provided by the Accountants was promptly posted, after receipt, on the Rule 17g-5 Information Provider’s Website as required by Rule 17g-5.
(iii) The Depositor (A) prepared one or more reports on Form ABS-15G (each, a “Form 15G”) containing the findings and conclusions of the Accountants’ Due Diligence Reports and meeting all other requirements of Rule 15Ga-2, any other rules and regulations of the Commission and the Exchange Act; (B) provided a copy of the final draft of each Form 15G to the Representative at least six Business Days before the Time of Sale; and (C) furnished each Form 15G to the Commission on ▇▇▇▇▇ at least five Business Days before the Time of Sale as required by Rules 15Ga-2.
(iv) No portion of any Form 15G contains any names, addresses, other personal identifiers or zip codes with respect to any individuals, or any other personally identifiable or other information that would be associated with an individual, including without limitation any “nonpublic personal information” within the meaning of Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Financial Services Modernization Act of 1999.
Third Party Due Diligence Reports. Consultant’s report, dated November 10, 2020, obtained by Sunnova Energy, which report sets forth a summary of the findings and conclusions of Black & ▇▇▇▇▇▇ Management Consulting, LLC with respect to certain residential photovoltaic solar assets.