Common use of Reports and Records for the Trustee Clause in Contracts

Reports and Records for the Trustee. (a) Daily or Monthly Records. On each day on which the Servicer is ------------------------ required to make deposits in the Collection Account pursuant to Section 4.03, the Servicer shall make or cause to be made available at the office of the Servicer during normal business hours for inspection by the Trustee upon request a record setting forth (i) the Collections in respect of Principal Receivables and in respect of Finance Charge Receivables processed by the Servicer on the second preceding Business Day in respect of the Accounts and (ii) the amount of Receivables as of the close of business on the second preceding Business Day in each Account. The Servicer shall, at all times, maintain its computer files with respect to the Accounts in such a manner so that the Accounts may be specifically identified and shall make available to the Trustee at the office of the Servicer on any Business Day during normal business hours any computer programs necessary to make such identification.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Asset Backed Securities Corp)

Reports and Records for the Trustee. (a) Daily or Monthly RecordsDAILY OR MONTHLY RECORDS. On each day on which the Servicer is ------------------------ required to make deposits in the Collection Account pursuant to Section 4.03, the Servicer shall make or cause to be made available at the office of the Servicer during normal business hours for inspection by the Trustee upon request a record setting forth (i) the Collections in respect of Principal Receivables and in respect of Finance Charge Receivables processed by the Servicer on the second preceding Business Day in respect of the Accounts and (ii) the amount of Receivables as of the close of business on the second preceding Business Day in each Account. The Servicer shall, at all times, maintain its computer files with respect to the Accounts in such a manner so that the Accounts may be specifically identified and shall make available to the Trustee at the office of the Servicer on any Business Day during normal business hours any computer programs necessary to make such identification.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Ace Securities Corp)