Asset Files definition

Asset Files. With respect to any Asset, as applicable, and Related Security, copies of each of the Required Asset Documents and duly executed originals (to the extent required by the Credit and Collection Policy) and copies of any other Records relating to such Asset and Related Security.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Asset Files means with respect to any Asset and Related Security pursuant to clauses (a) and (b) of the definition thereof, copies of each of the Required Asset Documents and duly executed originals (to the extent required by the Credit and Collection Policy) and copies of any other Records relating to such Asset and Related Security.

Asset Files. With respect to the Loans, all information pertaining to the Assets identified on Schedule 1 to the Bill of Sale held by or for the Seller.

Examples of Asset Files in a sentence

The Seller also shall make available to Buyer a knowledgeable financial or accounting officer for the purpose of answering questions respecting the Asset Files and the Purchased Assets, Underlying Mortgage Loans and Underlying REO Properties.
In connection with any Optional Prepayment, Seller shall pay the related Repurchase Price and, in each case, provided that no Default, Event of Default or any Margin Deficit shall have occurred and be continuing immediately following such payment, take (or cause its designee to take) physical possession of the Asset Files from the Mortgage Subsidiary or its designee (including the Custodian) at Seller’s expense on the related Optional Prepayment Date.
Seller is obligated to repurchase the Purchased Assets and take (or cause its designee to take) physical possession of the Purchased Assets, Mortgage Subsidiary Interests, REO Subsidiary Interests and any Asset Files related thereto, as applicable, from the Buyer’s or its designee’s (including the related Custodian) possession at the Seller’s expense on the related Repurchase Date.
To obtain physical possession of any Purchased Assets, Underlying Mortgage Loans and Underlying REO Properties and related Asset Files held by a Custodian, Repo Agent shall present to such Custodian a Trust Receipt.
In addition, the Seller shall, and shall cause each other each Relevant Party to, provide to any supervisory agents or examiners representing a state or federal governmental agency having jurisdiction over Repo Agent or Buyer access to any documentation regarding the Asset Files, and the Purchased Assets, Underlying Mortgage Loans, Underlying REO Properties and other Repurchase Assets in the possession of any Relevant Party, a Custodian or Servicer which may be required by any applicable regulations.

More Definitions of Asset Files

Asset Files means, with respect to any Borrower, all documents and instruments evidencing such ▇▇▇▇▇▇▇▇’s rights in Musical Compositions, Master Recordings, lyrics, performances (including all rights to record, rerecord, produce, reproduce or synchronize any of the foregoing), all certificates of Copyright registration or, where expired, certificates of renewals of copyright registration, and all copyright assignments (and corresponding proofs of recordation), all documents and instruments evidencing trademarks useful or used in connection with the exploitation of, any Music Product or any music artist or musical group, and any revenue derived therefrom, all filing receipts and/or date-stamped copies of all filings pertaining, in each case, to any assets of such Borrower, including but not limited to the related Music Agreements, other Revenue-Generating Agreements, letters of instruction or direction, and royalty assignment forms.

Asset Files is defined as follows:

Asset Files means, collectively, all files in possession or control of Sellers (or as applicable under Section 3.2, the Investment Vehicles) or their Affiliates relating to the Portfolio Assets, including each of the Financing and Lease Assets and all Records with respect thereto, but in each case excluding any contents of such files that (i) contain proprietary or confidential information and originals of internal corporate records not related to the Business or (ii) are Tax Returns.

Asset Files means with respect to any of the Accounts, the Unsecured Notes and the Owned Receivables, the Loan and Collateral files in the possession of Seller, or a Seller Related Party, including but not limited to payment histories, credit reports, complete records, record books, tax and financial records and such other files reasonably requested and available including computerized databases and files, whether in hard copy or electronic format, but not including Sellers’ proprietary information, documents subject to attorney-client privilege or Sellers’ valuation of these particular Assets.

Asset Files means, collectively, the Loan Files and the REO Property Files.

Asset Files. With respect to any Asset and Related Security, copies of each of the Required Asset Documents and duly executed originals (to the extent required by the Credit and Collection Policy) and copies of any other Records relating to such Asset and Related Security, and, if the Asset was acquired by the Originator from the SLP Financing Originator, all documents contained in the actual files delivered to Seller by the SLP Financing Originator.

Asset Files means the materials with respect to the Assets previously delivered to Buyer or its representatives by or on behalf of Seller or made available to Buyer on an online data website.