Common use of Review Reports Clause in Contracts

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer, the Depositor, the Administrator and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Test Fail or Test Complete for each related Test. For each Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any PII. On reasonable request of the Servicer or the Administrator, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 67 contracts

Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2016-B Owner Trust), Review Agreement (Toyota Auto Receivables 2018-B Owner Trust)

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Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the ServicerSponsor, the Depositor, the Administrator Issuer, the Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Receivable was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 32 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2019-C), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2019-A)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the ServicerSponsor, the Depositor, the Administrator Issuer, the Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable Lease whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Lease was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 25 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2020-A), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2020-A), Asset Representations Review Agreement (Ford Credit Auto Lease Two LLC)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the ServicerSponsor, the Depositor, the Administrator Issuer, the Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Receivable was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s 's Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 11 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2022-B), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2023-B), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2023-A)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the ServicerSponsor, the Depositor, the Administrator Issuer, the Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable Lease whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Lease was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s 's Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 9 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2023-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2023-B)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer, the Depositor, the Administrator Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Receivable was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 7 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2016-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2016-A)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.04(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer, the Depositor, the Administrator Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Receivable was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1)

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Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer, the Depositor, the Administrator Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Receivable was an overall Test Fail (for missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the ServicerAdministrator, the Depositor, the Administrator Issuer, the Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Receivable was a Test Incomplete or a Test Complete. For each Test Fail Fail, Test Incomplete or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 2 contracts

Samples: Review Agreement (Verizon ABS LLC), Asset Representations Review Agreement (Verizon Owner Trust 2020-B)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer, the Depositor, the Administrator Servicer and the Indenture Trustee a Review Report indicating for each Review Receivable Lease whether there was a Test Pass, Pass or a Test Fail or Test Complete for each related Test, or whether the Review Lease was an overall Test Fail (for a missing or illegible Contract) or a Test Complete. For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On reasonable request of the Servicer or the AdministratorServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 1 contract

Samples: Asset Representations Review Agreement (CAB East LLC)

Review Reports. Within five (5) days after the end of the applicable Review period under Section 3.3(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer, the Depositor, the Administrator and the Indenture Trustee a Review Report indicating for each Review Receivable whether there was a Test Pass, Test Fail or Test Complete for each related Test. For each Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials. The Review Report will contain a summary of the Review results to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received. The Asset Representations Reviewer will ensure that the Review Report does not contain any PII. On reasonable request of the Servicer or the Administrator, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Toyota Auto Finance Receivables LLC)

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