Common use of Validity of Information Submitted Clause in Contracts

Validity of Information Submitted. Neither Participant’s Information Forms attached hereto as Attachment A, nor any statement, report or other document furnished or to be furnished by Participant pursuant to this Agreement contains any untrue statement of material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading. If and when requested, Participant shall make available to the Agency all financial statements required in Section 4.a. Participant will promptly notify Agency and Servicer in writing of any changes in ownership, financial status, location or any other matter pertinent to Participant’s business, including, without limitation, any investigation or adverse finding or action taken by GNMA, HUD, VA or any other regulatory agency.

Validity of Information Submitted. Neither Participant’s Information Forms attached hereto as Attachment A, nor any statement, report or other document furnished or to be furnished by Participant pursuant to this Agreement contains any untrue statement of material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading. If and when requested, Participant shall make available to the Agency all financial statements required in Section 4.a. Participant will promptly notify Agency and Servicer in writing of any material changes in ownership, financial status, location or any other matter pertinent to Participant’s business, including, without limitation, any investigation or adverse finding or action taken by GNMA, HUD, USDA-RD, VA or any other regulatory agency, provided that such notice is not barred by any confidentiality limitations imposed on Participant.