Common use of Settlement Reports Clause in Contracts

Settlement Reports. The Master Servicer shall, at the expense of the Master ------------------ Servicer cause Independent Public Accountants to furnish to the Company, the Trustee, the Liquidation Servicer, each Funding Agent and each Rating Agency within 120 days following the last day of the Master Servicer's fiscal year, beginning with the fiscal year ending December 31, 2000, a letter to the effect that such Independent Public Accountants have performed the agreed-upon procedures set forth in Schedule 2 hereto relating to the (a) review of the ----------- Master Servicer's performance related to (i) the preparation of the Daily Reports and (ii) the preparation of the Monthly Settlement Reports, and (b) review of the preparation of the Originator Daily Reports prepared by the Originators, during the preceding fiscal year and describing such accountants' findings with respect to such procedures. A copy of such report may be obtained by any Holder by a request in writing to the Trustee addressed to the Corporate Trust Office.

Appears in 2 contracts

Sources: Servicing Agreement (Huntsman Ici Holdings LLC), Servicing Agreement (Huntsman Ici Chemicals LLC)