Maintenance of the Location of Writings and Records. The Seller will at all times until completion of a Complete Servicing Transfer keep or cause to be kept at its Chief Executive Office or at an office of the Servicer designated in advance to the Administrative Agent, the Managing Agents and the Buyers, each writing or Record which evidences, and which is necessary or desirable to establish or protect, including such books of account and other Records as will enable the Buyers or their designee to determine at any time the status of, the Participation Interests of the Buyers in each Purchased Receivable; provided, that any Records may be stored at other locations to the extent temporary location elsewhere is necessary in connection with litigation, repossession, other collection activities or other usual business purposes. The Seller shall at its own expense prepare and maintain machine-readable magnetic tapes or other media in such format as the Administrative Agent, in its reasonable discretion, may require pertaining to the Purchased Receivables.
Maintenance of the Location of Writings and Records. The Seller will at all times until completion of a Complete Servicing Transfer keep or cause to be kept at its Chief Executive Office, or at such other office of the Seller or an office of the Servicer designated in advance to the Administrator, the Buyers and the Buyer Agents, separate and apart from all other Records of the Servicer or the Company, each writing or Record which evidences, and which is necessary or desirable to establish or protect, including such books of account and other Records as will enable the Administrator, the Buyers and the Buyer Agents or their designee to determine at any time the status of, the Participation Interests of the Buyers in each Purchased Receivable; provided, that any Records may be stored at other locations to the extent temporary location elsewhere is necessary in connection with litigation, repossession, other collection activities or other usual business purposes. The Seller shall, if requested by the Administrator, at its own expense prepare and maintain machine-readable magnetic tapes in such format as the Administrator, in its sole discretion, may require pertaining to the Purchased Receivables.
Maintenance of the Location of Writings and Records. The Seller will at all times until completion of a Complete Servicing Transfer keep or cause to be kept at its Chief Executive Office or at an office of the Servicer designated in advance to the Buyer, each writing or Record which evidences, and which is necessary or desirable to establish or protect, including such books of account and other Records as will enable the Buyer or its designee to determine at any time the status of, the Participation Interest of the Buyer in each Purchased Receivable; provided, that any Records may be stored at other locations to the extent temporary location elsewhere is necessary in connection with litigation, repossession, other collection activities or other usual business purposes. The Seller shall at its own expense prepare and maintain machine-readable magnetic tapes or other media in such format as the Buyer, in its reasonable discretion, may require pertaining to the Purchased Receivables.
Maintenance of the Location of Writings and Records. Each Seller will at all times until completion of a Complete Servicing Transfer keep or cause to be kept at its chief executive office or at an office of the Servicer designated in advance to the Purchaser, separate and apart from all other Records, each writing or Record which evidences, and which is necessary or desirable to establish or protect, including such books of account and other Records as will enable the Purchaser or its designee to determine at any time the status of each Receivable.
