Common use of NOTICES AND OTHER INFORMATION Clause in Contracts

NOTICES AND OTHER INFORMATION. The Administrator will deliver to the Note Insurer, promptly upon receipt thereof, copies of all notices, schedules, financial statements or other similar reports delivered to or by the Administrator or the Servicer pursuant to the terms of the Basic Documents and, promptly upon request, such other data as the Note Insurer may reasonably request. The Note Insurer will also receive all information required to be furnished to the Trustee. All financial statements specified in clauses (i) and (ii) above shall be furnished in consolidated form for the Administrator and all its subsidiaries and its parent, FMC, in the event the Administrator shall consolidate its financial statements with its subsidiaries or its parent.

Appears in 2 contracts

Sources: Insurance and Indemnity Agreement (National Collegiate Student Loan Trust 2007-3), Insurance and Indemnity Agreement (National Collegiate Student Loan Trust 2007-4)