Required Audit Report definition

Required Audit Report means any report required to be delivered pursuant to Section 4.04 of the Servicing Agreement.
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Required Audit Report means any report required to be delivered pursuant to Sections 3.07(b) and (c) of the Servicing Agreement.
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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.

Related to Required Audit Report

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Credit report means any written, oral, or other communication of

  • Evaluation Report means a report on the evaluation of tenders prepared under CSO 12

  • Required Appraisal shall have the meaning provided in Section 8.11(g).

  • CMSA Historical Liquidation Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Historical Liquidation Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • Reconciliation Report refers to the Reconciliation Report as referenced in s. 3 of Reg 264/07 under LHSIA.

  • Credit reporting agency means a corporation that carries on a credit reporting business.

  • Conversion Valuation Appraisal Report Page: 4 ================================================================================

  • Transaction Report is that certain report of transactions and schedule of collections in the form attached hereto as Exhibit C.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Required Reports Collectively, the Monthly Report, the Servicer’s Certificate required pursuant to Section 6.10(c), the financial statements of the Servicer required pursuant to Section 6.10(d), the annual statements as to compliance required pursuant to Section 6.11, and the annual independent public accountant’s report required pursuant to Section 6.12.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Verification Report As defined in Section 4.19.

  • Accountants’ Report means the report of a firm of nationally recognized Independent Accountants described in Section 4.11.

  • Major Decision Reporting Package With respect to any Major Decision, (a) a written report prepared by the Special Servicer describing in reasonable detail (i) the background and circumstances requiring action of the Special Servicer, (ii) the proposed course of action recommended, and (iii) information regarding any direct or indirect conflict of interest in the subject action, and (b) all information in the Special Servicer’s possession that is reasonably requested by the party receiving such Major Decision Reporting Package in order for such party to exercise any consultation or consent rights available to such party under this Agreement.

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.