Receivables File. Seller, in conjunction with the payment of the Purchase Price, shall forward, by overnight courier for next business-day delivery, or in person, to Buyer the following with respect to each Receivable: (i) The original Contract. If the original contract is unavailable, Seller must provide the electronic version stamped on each page of the contract "True and Correct Copy of the Original" and signed by an officer verifying such with a notary. (ii) Obligor credit files including the original application, credit investigation and such other credit information contained therein, or copies of same if the original of such document is not available. (iii) The title file, which shall include the Certificate of Title (to the extent the state of origin has such Certificate of Title or notice of recorded lien on Seller's name) for the Financed Vehicle. (iv) The Servicing File, including Obligor payment and collection records. (v) Obligor insurance files, including without limitation property insurance insuring the Financed Vehicle, gap insurance, warranties, and such other insurance information contained therein, or copies of same if the original of such document is not available. (vi) The ▇▇▇▇ of Sale with respect to the Financed Vehicle. (vii) Any other documents related to the Financed Vehicle or the Obligor that Buyer may reasonably require.
Appears in 1 contract
Sources: Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc)
Receivables File. Seller, in conjunction with the payment of the Purchase Price, shall forward, by overnight courier for next business-day delivery, or in person, to Buyer Buyer, within 14 business days of the Closing Date, the following with respect to each Receivable:
(i) The original Contract. If the original contract is unavailable, Seller must provide the electronic version stamped on each page of the contract "True and Correct Copy of the Original" and signed by an officer verifying such with a notary.
(ii) Obligor credit files including the original application, credit investigation and such other credit information contained therein, or copies of same if the original of such document is not available.
(iii) The title file, which shall include the Certificate of Title (to the extent the state of origin has such Certificate of Title or notice of recorded lien on Seller's name) for the Financed Vehicle.
(iv) The Servicing File, including Obligor payment and collection records.
(v) Obligor insurance files, including without limitation property insurance insuring the Financed Vehicle, gap insurance, warranties, and such other insurance information contained therein, or copies of same if the original of such document is not available.
(vi) The ▇▇▇▇ of Sale with respect to the Financed Vehicle.
(vii) Any other documents related to the Financed Vehicle or the Obligor that Buyer may reasonably require.
Appears in 1 contract
Sources: Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc)