Common use of Audits of the Issuer Clause in Contracts

Audits of the Issuer. The Issuer agrees that, with reasonable prior written notice, it will permit any authorized representative of the Indenture Trustee, the Servicer or the Administrator during the Issuer's normal business hours, to examine and audit the books of account, records, reports and other documents and materials of the Issuer relating to the performance of the Issuer's obligations under this Agreement. In addition, the Issuer will permit such representatives to make copies and extracts of any such books and records and to discuss the same with the Issuer's officers and Independent certified public accountants, all at such reasonable times and as often as may reasonably be requested. Each of the Indenture Trustee, the Servicer and the Administrator will, and will cause its authorized representatives to, hold in confidence all such information except to the extent disclosure may be required by law (and all reasonable applications for confidential treatment are unavailing) and except to the extent that the Indenture Trustee, the Servicer or the Administrator, as the case may be, may reasonably determine that such disclosure is consistent with its obligations under this Agreement.

Appears in 4 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2004-A), Indenture (Ford Credit Auto Owner Trust 2005-B), Indenture (Ford Credit Auto Owner Trust 2005-C)

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Audits of the Issuer. The Issuer agrees that, with reasonable prior written notice, it will permit any authorized representative of the Indenture Trustee, the Servicer or the Administrator Administrator, during the Issuer's ’s normal business hours, to examine and audit the books of account, records, reports and other documents and materials of the Issuer relating to the performance of the Issuer's ’s obligations under this AgreementIndenture and the Indenture Supplements. In addition, the Issuer will permit such representatives to make copies and extracts of any such books and records and to discuss the same with the Issuer's ’s officers and Independent certified registered public accountants, all at such reasonable times and as often as may reasonably be requested. Each of the Indenture Trustee, the Servicer and the Administrator will, and will cause its authorized representatives to, hold in confidence all such information except to the extent (a) disclosure may be required by law (and all reasonable applications for confidential treatment are unavailing) and except to the extent or (b) that the Indenture Trustee, the Servicer or the Administrator, as the case may be, may reasonably determine determines that such disclosure is consistent with its obligations under this AgreementIndenture and the Indenture Supplements.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan Corp

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