Common use of Statements and Records Clause in Contracts

Statements and Records. Aegis shall annually, within five business days of finalization, but in no event later than June 30th of each year, provide to Chase an audited statement of Aegis' consolidated statement of operations for such fiscal year, prepared in accordance with generally accepted accounting principles and by an auditor acceptable to Chase. Aegis will keep Rescheduled Loan records in accordance with FNMA, FHLMC and GNMA guidelines and FHA and VA regulations and the regulations of any state or federal government or supervisory agency having authority over Chase or Aegis. Such Rescheduled Loan records shall be the property of Chase and upon demand by Chase, or termination of this Agreement, shall be delivered to Chase. Upon Chase's written request, Aegis shall give Chase, or its authorized representatives and appropriate regulators, the opportunity, during normal business hours, to examine Aegis' books and records relating to the Rescheduled Loans and to make copies and extracts at Chase's expense. Aegis shall provide to Chase monthly a copy of the print file for every direct mail campaign which will contain the names and data appearing on the direct mail solicitations together with a sample of the materials contained within any such campaign. In addition, Aegis shall provide any enrollment materials for each Subscriber upon Chase's request.