Common use of Access to List of Residual Interestholders’ Names and Addresses Clause in Contracts

Access to List of Residual Interestholders’ Names and Addresses. The Owner Trustee shall cause to be furnished to the Servicer or the Seller and, prior to the Termination Date, the Controlling Party, within 15 days after receipt by the Owner Trustee of a request therefor from such Person in writing, a list of the names and addresses of the Residual Interestholders as of the most recent Record Date. If three or more Residual Interestholders or one or more Residual Interestholders evidencing not less than 25% of the Residual Interest apply in writing to the Owner Trustee, and such application states that the applicants desire to communicate with other Residual Interestholders with respect to their rights under this Agreement or under the Residual Interests and such application is accompanied by a copy of the communication that such applicants propose to transmit, then the Owner Trustee shall, within five Business Days after the receipt of such application, afford such applicants access during normal business hours to the current list of Residual Interestholders. Each Residual Interestholder, by holding a Residual Interest, shall be deemed to have agreed not to hold any of the Seller, the Servicer, the Controlling Party or the Owner Trustee or any agent thereof accountable by reason of the disclosure of its name and address, regardless of the source from which such information was derived.