Common use of Audit of Asset Representations Reviewer Clause in Contracts

Audit of Asset Representations Reviewer. The Asset Representations Reviewer will permit the Issuer Trustee, the Manager and the Servicer and their authorized representatives to audit the Asset Representations Reviewer’s compliance with this Section 4.10 during the Asset Representations Reviewer’s normal business hours on reasonable advance notice to the Asset Representations Reviewer, and not more than once during any year unless circumstances necessitate additional audits. Each of the Issuer Trustee, the Manager and the Servicer agrees to make reasonable efforts to schedule any audit described in this Section 4.10 with the inspections described in Section 4.7. The Asset Representations Reviewer will also permit each of the Issuer Trustee, the Manager and the Servicer during normal business hours on reasonable advance written notice to audit any service providers used by the Asset Representations Reviewer to fulfill the Asset Representations Reviewer’s obligations under this Agreement.

Appears in 2 contracts

Sources: Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust), Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust)

Audit of Asset Representations Reviewer. The Asset Representations Reviewer will permit the Issuer TrusteeIssuer, the Manager Seller, the Transferor and the Servicer and their authorized representatives to audit the Asset Representations Reviewer’s compliance with this Section 4.10 4.9 during the Asset Representations Reviewer’s normal business hours on reasonable advance notice to the Asset Representations Reviewer, and not more than once during any year unless circumstances necessitate additional audits. Each of the Issuer TrusteeIssuer, the Manager Seller, the Transferor and the Servicer agrees to make reasonable efforts to schedule any audit described in this Section 4.10 4.9 with the inspections described in Section 4.74.6. The Asset Representations Reviewer will also permit each of the Issuer TrusteeIssuer, the Manager Transferor and the Servicer during normal business hours on reasonable advance written notice to audit any service providers used by the Asset Representations Reviewer to fulfill the Asset Representations Reviewer’s obligations under this Agreement.

Appears in 1 contract

Sources: Asset Representations Review Agreement (World Financial Network Credit Card Master Trust)