Examples of Required Audit Report in a sentence
The Lender shall have timely received each Required Audit Report and each other report required pursuant to Section 4.04 of the Servicing Agreement.
An exception shall exist in the Required Audit Reports which is reasonably likely to have a Material Adverse Effect on the Lender, the Contracts or the other Collateral, in the reasonable opinion of the Lender, and such exception has remained uncured for a period of thirty (30) days after the earlier of written notice to the Servicer of the existence of such exception or of the date that the Servicer has knowledge that such exception shall be included in the related Required Audit Report.
Lender shall have timely received each Required Audit Report and each other report required pursuant to Section 2.11 of the Servicing Agreement.
An exception shall exist in the Required Audit Reports which, in the reasonable opinion of the Lender, is reasonably likely to have a material adverse effect on the Lender, the Contracts or the other Collateral, and such exception has remained uncured for a period of thirty (30) days after the earlier of written notice to the Servicer of the existence of such exception or of the date that the Servicer has knowledge that such exception shall be included in the related Required Audit Report.
Each of the Lender and the Insurer shall have timely received each Required Audit Report and each other report required pursuant to Section 3.07 of the Servicing Agreement.
The Agent shall have timely received each Required Audit Report and each other report required pursuant to Section 2.11 of the Servicing Agreement.
Each of the Lender and the Insurer shall have ------------- timely received each Required Audit Report and each other report required pursuant to Section 3.07 of the Servicing Agreement.
If any Required Audit Report delivered pursuant to Section 3.07(b) of the Servicing Agreement contains a finding that the concentration limit set forth in the second preceding sentence shall have been exceeded during any calendar month after such concentration limit shall have become effective, such finding shall constitute a material exception for the purposes of Section 8.01(t) of the Loan Agreement.
The Lender shall have timely received each Required Audit Report.