Common use of Draft Review Report Clause in Contracts

Draft Review Report. In the event that the Asset Representations Reviewer determines there is a Review Procedure Fail for any Review Procedure, the Asset Representations Reviewer will, within ten (10) Business Days after the completion of the Review, deliver to the Sponsor and the Servicer a preliminary report (a “Draft Review Report”) with respect to such Review Procedure, and the Servicer may provide Additional Review Materials and/or provide clarification regarding previously provided materials, within fifteen

Draft Review Report. In the event that the Asset Representations Reviewer determines there is a Review Procedure Fail for any Review Procedure, the Asset Representations Reviewer will, within ten (10) Business Days after the completion of the Review, deliver to the Sponsor and the Servicer a preliminary report (a “Draft Review Report”) with respect to such Review Procedure, and the Servicer may provide Additional Review Materials and/or provide clarification regarding previously provided materials, within fifteenfifteen (15) Business Days of receiving the Draft Review Report in order to resolve any Review