Common use of Review Reports Clause in Contracts

Review Reports. (a) Within ten (10) calendar days after the end of the Asset Review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Review 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 the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the Noteholders, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 58 contracts

Samples: Asset Representations Review Agreement (Honda Auto Receivables 2020-3 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2023-2 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2016-3 Owner Trust)

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Review Reports. (a) Within ten (10) calendar days after the end of the Asset Representations Review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass Pass, a Test Incomplete or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Representations Review 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 the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the NoteholdersServicer, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 38 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2022-B), Asset Representations Review Agreement (Hyundai Abs Funding LLC)

Review Reports. (a) Within ten (10) calendar days after the end of the Asset Representations Review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass Pass, a Test Incomplete or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Representations Review to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received, including a description of each Test Fail and Test Incomplete, if any, from the Asset Representations Review. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the NoteholdersServicer, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (USAA Auto Owner Trust 2016-1), Asset Representations Review Agreement (USAA Auto Owner Trust 2016-1), Asset Representations Review Agreement (Usaa Acceptance LLC)

Review Reports. (a) Within ten (10) calendar days after the end of the Asset Review review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass Pass, a Test Incomplete or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Representations Review to be included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received, including a description of each Test Fail and Test Incomplete, if any, from the Asset Representations Review. The Asset Representations Reviewer will ensure that the Review Report does not contain any Issuer PII. On the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the NoteholdersServicer, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Fifth Third Auto Trust 2023-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2023-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2019-1)

Review Reports. (a) Within ten (10) calendar days [●] [Business Days][calendar days] after the end of the Asset Representations Review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass Pass, a Test Incomplete or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Representations Review 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 the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the NoteholdersServicer, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Abs Funding LLC), Asset Representations Review Agreement (Hyundai Abs Funding LLC)

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Review Reports. (a) Within ten (10) calendar days [●] [Business Days][calendar days] after the end of the Asset Review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Review 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 the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the Noteholders, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (American Honda Receivables LLC), Asset Representations Review Agreement (American Honda Receivables LLC)

Review Reports. (a) Within ten (10) calendar days [__] [Business Days][calendar days] after the end of the Asset Review period under Section 3.4(b), the Asset Representations Reviewer will deliver to the Issuer, the Sponsor, the Servicer and the Indenture Trustee a Review Report indicating for each Subject Receivable whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Receivable was a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Review 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 the reasonable request of the Servicer or the Indenture Trustee, acting solely on behalf of the Noteholders, the Asset Representations Reviewer will provide additional details on the Test results.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Porsche Auto Funding LLC)

Review Reports. (a) Within ten (10) calendar days [•] [Business Days][calendar days] after the end of the Asset Representations Review period under Section 3.4(b)Period, the Asset Representations Reviewer will deliver to the IssuerIndenture Trustee, the SponsorSeller, the Servicer and the Indenture Trustee Transferor a Review Report indicating for each Subject Receivable Receivables whether there was a Test Pass or a Test Fail for each Test, or whether the such Subject Receivable was assigned a Test Complete and the related reason. The Review Report will contain a summary of the findings and conclusions of the Asset Representations Reviewer with respect to the Asset Review to results, which may (in whole or in part) be included in the Issuer’s Form 10-D report with respect to the Issuer for the Collection Monthly 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 the reasonable reasonably request of the Servicer or the Indenture Trustee, acting solely on behalf of the NoteholdersServicer, the Asset Representations Reviewer will provide additional details detail on the Test results.

Appears in 1 contract

Samples: Indemnification Agreement (World Financial Network Credit Card Master Trust)

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