Common use of Servicer Internal Controls Clause in Contracts

Servicer Internal Controls. The Servicer shall maintain at all times an adequate system of audit and internal controls in accordance with Prudent Servicing Practices.

Appears in 77 contracts

Sources: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust)

Servicer Internal Controls. The Servicer shall maintain at all times an adequate system of audit and internal controls in accordance with Prudent Servicing Practicescustomary servicing procedures as it follows with respect to comparable student loans which it services on behalf of ▇▇▇▇▇ Fargo Bank, N.A. or any of its Affiliates.

Appears in 1 contract

Sources: Servicing Agreement (Wells Fargo Student Loans Receivables I LLC)