Missing Documents. [Reviewer] will complete the Asset Representations Review of each Account and Receivable only using documentation or information that is made available by or on behalf of Client. Upon receipt of the Required Documents, [Reviewer] will complete an initial document inventory to verify there are no systemic documentation errors, including but not limited to consistently missing or incomplete information in each Dealer file even though there may still be instances where certain pieces of information for an individual Account or Receivable are missing or incomplete. Once [Reviewer] has confirmed that a sufficient number of the Required Documents is available to conduct its review, it will commence the Services. In instances where a Required Document is not accessible, clearly unidentifiable or illegible, [Reviewer] will request that Client or Sponsor provide an updated copy of such Required Document. Client must provide, or cause to be provided, missing documents to [Reviewer] within [fifteen (15)] days of notification by [Reviewer]. In the event a missing document is not provided within such timeframe, [Reviewer] file review staff will categorize the results of the Testing as ‘Unsatisfied Test – Missing Required Documents” and note that such documentation is missing.
Appears in 1 contract
Sources: Asset Representations Review Agreement (Ally Wholesale Enterprises LLC)
Missing Documents. [Reviewer] will complete the Asset Representations Review of each Account and Receivable only using documentation or information that is made available by or on behalf of Client. Upon receipt of the Required Documents, [Reviewer] will complete an initial document inventory to verify there are no systemic documentation errors, including but not limited to consistently missing or incomplete information in each Dealer Receivable’s file even though there may still be instances where certain pieces of information for an individual Account or Receivable are missing or incomplete. Once [Reviewer] has confirmed that a sufficient number the majority of the Required Documents is available to conduct its revieware available, it will commence the Services. In instances where a Required Document is not accessible, clearly unidentifiable or illegible, [Reviewer] will request that Client or Sponsor provide an updated copy of such Required Document. Client must provide, or cause to be provided, missing documents to [Reviewer] within [fifteen seven (157)] days of notification by [Reviewer]. In the event a missing document is not provided within such timeframe, [Reviewer] file review staff will categorize the results of the Testing as ‘Unsatisfied Test – Missing Required Documents” and note that such documentation is missing.
Appears in 1 contract
Sources: Asset Representations Review Agreement (Ally Auto Assets LLC)
Missing Documents. [Reviewer] will complete the Asset Representations Review of each Account and Receivable only using documentation or information that is made available by or on behalf of Client. Upon receipt of the Required Documents, [Reviewer] will complete an initial document inventory to verify there are no systemic documentation errors, including but not limited to consistently missing or incomplete information in each Dealer Receivable’s file even though there may still be instances where certain pieces of information for an individual Account or Receivable are missing or incomplete. Once [Reviewer] has confirmed that a sufficient number of the Required Documents is available to conduct its review, it will commence the Services. In instances where a Required Document is not accessible, clearly unidentifiable or illegible, [Reviewer] will request that Client or Sponsor provide an updated copy of such Required Document. Client must provide, or cause to be provided, missing documents to [Reviewer] within [fifteen (15)] days of notification by [Reviewer]. In the event a missing document is not provided within such timeframe, [Reviewer] file review staff will categorize the results of the Testing as ‘Unsatisfied Test – Missing Required Documents” and note that such documentation is missing.
Appears in 1 contract
Sources: Asset Representations Review Agreement (Ally Auto Assets LLC)