Common use of Financial Statements; Servicing Facilities Clause in Contracts

Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations of the Seller for the most recently completed five fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser copies of the statement specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser to inspect the Seller's servicing facilities for the purpose of satisfying such prospective Purchaser that the Seller has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 9 contracts

Samples: Flow Interim Servicing Agreement (Lehman XS Trust Series 2006-10n), Flow Interim Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2004-15), Flow Interim Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-22)

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Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations of the Seller for the most recently completed five three fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser copies of the statement specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser to inspect the Seller's servicing facilities for the purpose of satisfying such prospective Purchaser that the Seller has have the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 9 contracts

Samples: Interim Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-22), Flow Interim Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-34a), Interim Servicing Agreement (Structured Asset Securities Corp)

Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations of the Seller for the most recently completed five fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser copies of the statement specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser to inspect the Seller's servicing facilities or those of any Subservicer for the purpose of satisfying such prospective Purchaser that the Seller has and any Subservicer have the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 7 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cer Se 2002-2), Interim Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 26a), Interim Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)

Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement purchaser audited financial statements of Operations of the corporate group that includes the Seller for the most recently completed five fiscal years for which such a statement is statements are available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such any Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the corporate group that includes the Seller (and are available upon request to members or stockholders of the corporate group that includes the Seller or to the public at large). If it has not already done so, the The Seller shall furnish promptly to the Purchaser or a prospective purchaser copies of the statement statements specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the corporate group that includes the Seller, and to permit any prospective Purchaser purchaser to inspect the Seller's servicing facilities for the purpose of satisfying such prospective Purchaser purchaser that the Seller has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 4 contracts

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa1), Pooling and Servicing Agreement (BCAP LLC Trust 2008-Ind1), Pooling and Servicing Agreement (BCAP LLC Trust 2008-Ind2)

Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations of the Seller for the most recently completed five three fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser copies of the statement specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser to inspect the Seller's ’s servicing facilities for the purpose of satisfying such prospective Purchaser that the Seller has have the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 4 contracts

Samples: Flow Interim Servicing Agreement (Lehman XS Trust Series 2007-15n), Flow Interim Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar4), Flow Interim Servicing Agreement (Lehman XS Trust Series 2006-Gp3)

Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations of the Seller for the most recently completed five three fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser copies of the statement specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser to inspect the Seller's ’s servicing facilities for the purpose of satisfying such prospective Purchaser that the Seller has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 3 contracts

Samples: Flow Interim Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar2), Flow Interim Servicing Agreement (Lehman XS Trust Series 2007-15n), Flow Interim Servicing Agreement (Lehman XS Trust Series 2007-12n)

Financial Statements; Servicing Facilities. In connection with marketing the disposition of Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations purchaser audited financial statements of the Seller for the most recently completed five two (2) fiscal years for which such a statement is statements are available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by such any Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser or a prospective purchaser copies of the statement statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Seller may require such prospective purchaser to execute a confidentiality agreement in form reasonably satisfactory to it. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting with respect to recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser purchaser to inspect the Seller's servicing facilities for the purpose of satisfying such prospective Purchaser purchaser that the Seller has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 3 contracts

Samples: Commercial Servicing Agreement (Peoples Preferred Capital Corp), Commercial Servicing Agreement (Peoples Preferred Capital Corp), Servicing Agreement (Franklin Finance Corp)

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Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Financial Consolidated Statement of Operations of the Seller for the most recently completed five three fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser copies of the statement specified above. The Seller shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser to inspect the Seller's servicing facilities for the purpose of satisfying such prospective Purchaser that the Seller has have the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 2 contracts

Samples: Interim Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-22), Assignment and Assumption Agreement (Structured Adjustable Rate Mortgage Loan Trust)

Financial Statements; Servicing Facilities. In connection with marketing the Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations of the Seller Servicer for the most recently completed five three fiscal years for which such a statement is available, as well as a Consolidated Statement of Condition at the end of the last two fiscal years covered by such Consolidated Statement of Operations. The Seller Servicer also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller Servicer (and are available upon request to members or stockholders of the Seller Servicer or to the public at large). If it has not already done so, the Seller Servicer shall furnish promptly to the Purchaser copies of the statement specified above. The Seller Servicer shall make available to the Purchaser or any prospective Purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting recent developments affecting the Seller Servicer or the financial statements of the SellerServicer, and to permit any prospective Purchaser to inspect the Seller's Servicer’s servicing facilities for the purpose of satisfying such prospective Purchaser that the Seller has Servicer have the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 2 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)

Financial Statements; Servicing Facilities. In connection with marketing the disposition of Mortgage Loans, the Purchaser may make available to a prospective Purchaser a Consolidated Statement of Operations purchaser audited financial statements of the Seller for the most recently completed five two (2) fiscal years for which such a statement is statements are available, as well as a Consolidated Statement of Condition at the end of the last two (2) fiscal years covered by such any Consolidated Statement of Operations. The Seller also shall make available any comparable interim statements to the extent any such statements have been prepared by or on behalf of the Seller (and are available upon request to members or stockholders of the Seller or to the public at large). If it has not already done so, the Seller shall furnish promptly to the Purchaser or a prospective purchaser copies of the statement statements specified above; provided, however, that prior to furnishing such statements or information to any prospective purchaser, the Seller may require such prospective purchaser to execute a confidentiality agreement in form reasonably satisfactory to it. The Seller shall make available to the Purchaser or any prospective Purchaser purchaser a knowledgeable financial or accounting officer for the purpose of answering questions respecting with respect to recent developments affecting the Seller or the financial statements of the Seller, and to permit any prospective Purchaser purchaser to inspect the Seller's servicing facilities for the purpose of satisfying such prospective Purchaser purchaser that the Seller has the ability to service the Mortgage Loans as provided in this Agreement.

Appears in 1 contract

Samples: Residential Servicing Agreement (Peoples Preferred Capital Corp)

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