Common use of Transfer of Books and Records Clause in Contracts

Transfer of Books and Records. With respect to each Mortgage Loan Package, except as set forth below, all books, records, documents, files, and other information and data in the Seller's possession, other than the documents evidencing each related Mortgage Loan set forth in this Agreement and any documents produced in connection with the transfer of servicing hereunder (including, but not limited to, each Goodbye Letter documentation or Insurer Letter), pertaining to the related Mortgage Loans including all documents, records and reports relating to each reporting group or category in which such Mortgage Loans are aggregated for purposes of accounting or reporting through the related Servicing Transfer Date are and shall at all times remain the property of the Seller. With respect to each Mortgage Loan Package, unless otherwise specified in the Servicing Transfer Instructions, within two (2) Business Days following the related Servicing Transfer Date, the Seller shall be obligated to transfer to the Purchaser or its designee in an orderly manner and in accordance with the Servicing Transfer Instructions, copies of the Data (as defined below) held by it, and the originals or images, as specified in this Agreement, of all documents required to be contained in the Mortgage File and other reports as outlined in the Servicing Transfer Instructions. The Data to be transferred to the Purchaser or its designee shall include, but shall not be limited to, the books, records, updates, statements, documents, files, and other information and data set forth in the Servicing Transfer Instructions (the "Data") and shall be submitted in accordance with the Servicing Transfer Instructions.

Transfer of Books and Records. With respect to each Mortgage Loan Package, except as set forth below, all books, records, documents, files, and other information and data in the Seller's ’s possession, other than the documents evidencing each related Mortgage Loan set forth in this Agreement and any documents produced in connection with the transfer of servicing hereunder (including, but not limited to, each Goodbye Letter documentation or Insurer Letter), pertaining to the related Mortgage Loans including all documents, records and reports relating to each reporting group or category in which such Mortgage Loans are aggregated for purposes of accounting or reporting through the related Servicing Transfer Date are and shall at all times remain the property of the Seller. With respect to each Mortgage Loan Package, unless otherwise specified in the Servicing Transfer Instructions, within two (2) Business Days following the related Servicing Transfer Date, the Seller shall be obligated to transfer to the Purchaser or its designee in an orderly manner and in accordance with the Servicing Transfer Instructions, copies of the Data (as defined below) held by it, and the originals or images, as specified in this Agreement, of all documents required to be contained in the Mortgage File and other reports as outlined in the Servicing Transfer Instructions. The Data to be transferred to the Purchaser or its designee shall include, but shall not be limited to, the books, records, updates, statements, documents, files, and other information and data set forth in the Servicing Transfer Instructions (the "“Data"”) and shall be submitted in accordance with the Servicing Transfer Instructions.