Maintenance of Writings and Records. The Servicer 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 (who, in turn, will notify each Funding Agent of such designation), each writing or Record which evidences, and which is reasonably necessary or desirable to establish or protect, including such books of account and other Records as will enable the Administrative Agent or its designees to determine at any time the status of, the interest of the Owners in each Transferred Receivable.
Maintenance of Writings and Records. The Servicer will, and will cause each Originator to, at all times until completion of a Complete Servicing Transfer keep 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 Administrative Agent and the Facility Agents or their designees to determine at any time the status of, the Receivable Interest of the Facility Agents (for the benefit of their respective Purchasers and XX Xxxxx). The Servicer shall at its own expense prepare and maintain such Records in electronically-readable form in such format as the Servicer customarily maintains its records; provided, however, that upon a Complete Servicing Transfer with respect to the Servicer, the replaced Servicer shall within 10 Business Days of such Complete Servicing Transfer prepare such Records in such format as may be required to permit or facilitate the transfer of such Records to the successor Servicer.
Maintenance of Writings and Records. The Servicer will at all times until completion of a Complete Servicing Transfer keep or cause to be kept at its office in Lexington, Kentucky, at its Chief Executive Office or at an office of the Servicer designated in advance to the Administrative Agent, 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 Administrative Agent or its designee to determine at any time the status of, the Purchased Interest of the Owners in each Receivable. The Servicer shall at its own expense prepare and maintain machine-readable magnetic tapes in such format as the Servicer customarily maintains its records; provided, -------- however, that upon a Complete Servicing Transfer, the Servicer shall within 15 ------- days of such Complete Servicing Transfer prepare such Records in such format as may be required to permit or facilitate the transfer of such Records to the successor Servicer.
Maintenance of Writings and Records. The Servicer 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 such Servicer designated in advance to the Administrative Agent, 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 Administrative Agent or its designee to determine at any time the status of, the Purchased Interest of the Owners in each applicable Receivable. The Servicer shall at its own expense prepare and maintain such Records in electronically-readable form in such format as the Servicer customarily maintains its records; provided, however, that upon a Complete Servicing Transfer with respect to the -------- ------- Servicer, the replaced Servicer shall within 15 days of such Complete Servicing Transfer prepare such Records in such format as may be required to permit or facilitate the transfer of such Records to the successor Servicer.
Maintenance of Writings and Records. The Servicer will maintain and implement administrative and operating procedures, including, without limitation, an ability to recreate records evidencing Mortgage Loans in the event of the destruction of the originals thereof, and keep and maintain at any location listed on Schedule I, or obtain, as and when required, all documents, books, records and other information reasonably necessary or advisable for the collection of all Mortgage Loans (including, without limitation, records adequate to permit the daily identification of all Collections of and adjustments to each existing Mortgage Loan). The Servicer will give the Agent prompt notice of any material change in the administrative and operating procedures referred to in the previous sentence, to the extent such change is likely to have a Material Adverse Effect. Servicer shall at its own expense prepare and maintain the Records in electronically readable form in such format as Servicer customarily maintains its records; provided, however, that upon the replacement of Servicer, Servicer shall within fifteen (15) days of such replacement prepare such Records in such format as may be reasonably required to permit or facilitate the transfer of such Records to the successor Servicer.
Maintenance of Writings and Records. The Servicer will at all times keep or cause to be kept at its chief executive office or at an office designated by it in advance to the Seller and the Administrative Agent, each Record which evidences, or which is necessary or desirable to establish or protect, each Pool Receivable, including such Records as will enable the Seller and the Administrative Agent or their designees to determine at any time the status thereof. The Servicer shall, at its own expense, prepare and maintain such Records in such form as the Servicer customarily maintains its records. Upon a Complete Servicing Transfer, the replaced Servicer shall within 30 (30) days of such Complete Servicing Transfer prepare all such Records in such form as may be required to permit or facilitate the transfer thereof pursuant to this sentence and deliver or transmit all Records with respect to Pool Receivables, whether in physical or electronically-readable form, to the Administrative Agent or its designated agents or, if instructed by the Administrative Agent, to any designated successor Servicer.
