Common use of Verification and Confirmation Duties Clause in Contracts

Verification and Confirmation Duties. Prior to its appointment as Successor Servicer, the Backup Servicer shall perform all of the duties of the Backup Servicer as identified on Schedule I hereto (collectively, the "Verification and Confirmation Duties") in accordance with the terms of this Agreement. No later than the Servicer Report Date, the Servicer shall deliver to the Backup Servicer the Distribution Date Statement and a computer tape in a format acceptable to the Backup Servicer containing the information with respect to the Contracts for the preceding Collection Period necessary for the preparation of the Distribution Date Statement and the performance of the Verification and Confirmation Duties relating to such Collection Period (collectively, the "Information Package").

Appears in 7 contracts

Samples: Backup Servicing Agreement (Onyx Acceptance Financial Corp), Backup Servicing Agreement (Onyx Acceptance Financial Corp), Backup Servicing Agreement (Onyx Acceptance Financial Corp)

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Verification and Confirmation Duties. Prior to its appointment Unless and until the Backup Servicer or another Person is appointed as Successor Servicer, the Backup Servicer shall agrees to perform all of the duties of the Backup Servicer as identified on Schedule I hereto (collectively, the "β€œVerification and Confirmation Duties"”) on behalf of the Issuer in accordance with the terms of this Agreement. No later than On or before the Servicer Report Determination Date, the Servicer shall deliver to the Backup Servicer the Distribution Payment Date Statement and a computer tape Monthly Verification Files in a format acceptable to the Backup Servicer containing the information with respect to the Contracts for the preceding Collection Period necessary for the preparation of the Distribution Date Statement and the performance of the Verification and Confirmation Duties relating to such Collection Period (collectively, the "Information Package")Period.

Appears in 1 contract

Samples: Backup Servicing Agreement (CNH Wholesale Receivables LLC)

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