Periodic Visits Sample Clauses
Periodic Visits.ĚýThe Sellers and, so long as the Servicer and one of the Sellers are the same entity, the Servicer shall permit any officer, employee or agent of the Agent (including an independent certified public accountant selected by the Agent) to visit (each such visit, a “Periodic Visitâ€�) and inspect any of its Properties, examine its books of record and accounts, documents (including without limitation computer tapes and disks), telecopies and extracts from the foregoing, and discuss its affairs, finances and accounts with its officers, accountants, and auditors, and to review the business of originating the Mortgage Loans, the sale of the Mortgage Loans by the Sellers, and the servicing of the Mortgage Loans by the Servicer, including the Servicer’s collections systems, all during reasonable business hours and as often as the Agent may desire but no more than twice during any twelve month period beginning on the date hereof and on each anniversary of the date hereof unless an Event of Default has occurred and is continuing. The Sellers agree to pay the reasonable costs of reviews and inspections performed pursuant to this Section 11(h), including the costs and expenses charged by the certified public accountant in preparing and delivering to the Agent with respect to the certified public accountant’s review on a scope and in a form reasonably acceptable to the Agent and each Group Agent (such report, a â€�Report of łŐľ±˛őľ±łŮâ€�); provided that the Sellers shall not be responsible for the costs of more than (i) one such review and inspection and (ii) one Report of Visit during any twelve month period beginning on the date hereof and on each anniversary of the date hereof unless an Event of Default has occurred and is continuing.
Periodic Visits.ĚýUnder our Full Management Service and Part Management Service, the Agent will normally carry out periodic visits to the Property and send a report to the Landlord. This is usually carried out every three to four months or six months as deemed necessary. It is not the intention to check every item on the inventory at this stage; the visit is concerned with verifying the good order of the tenancy (ie: the house being used in a 'tenant-like' manner) and the general condition of the property. This would normally include inspecting the main items (carpets, walls, cooker, main living areas without moving furniture, rugs etc). Please note that periodic visits are carried out during daylight hours if possible, on the understanding that the tenant will allow us to visit, and may not always include garden areas. Attics or inaccessible cellar areas will not be included in maintenance visits. If a visit was felt to be unsatisfactory, a more detailed inspection would be generally made. The visit and report can only be regarded as a general oversight of the Property and its care by the Tenant. The Agent does not accept responsibility for actual variance between the report and the items reported on. Please note that the Agent nor the Landlord has an automatic right to enter the Property. If the Tenant chooses to deny access there is nothing that can be done without a court order. Following the departure of tenants at the end of the let, a final visit of the property is carried out by the Agent. Testing of all the electrical appliances, heating system and plumbing is not feasible during this visit but some checks will be made i.e. lighting. A qualified contractor should be appointed by the Landlord for this purpose should it be required by the Landlord. Any deficiencies or dilapidations would normally be submitted to the Landlord together with any recommended deductions or replacement values. The Agent is not responsible to manage or visit the Property when it is not let.
Periodic Visits.ĚýEach of the Sellers shall permit any officer, employee or agent of the Administrative Agent (including an independent certified public accountant selected by the Administrative Agent) to visit (each such visit, a "Periodic Visit") and inspect any of its Properties, examine its books of record and accounts, documents (including without limitation computer tapes and disks), telecopies and extracts from the foregoing, and discuss its affairs, finances and accounts with its officers, accountants, and auditors, and to review the business of originating the Mortgage Loans, the sale of the Mortgage Loans by the Sellers to the Buyer, and the servicing of the Mortgage Loans by the Servicer, including the Servicer's collections systems, all during reasonable business hours and as often as the Administrative Agent may desire and no more than twice a year unless an Event of Default has occurred and is continuing. The Buyer agrees to pay the reasonable costs of reviews and inspections performed pursuant to this Section 6.8, including the costs and expenses charged by the certified public accountant in preparing and delivering to the Administrative Agent with respect to the certified public accountant's review on a scope and in a form reasonably acceptable to the Administrative Agent and each Managing Agent (such report, a "Report of Visit").
Periodic Visits.ĚýThe Sellers and, so long as the Servicer and one of the Sellers are the same entity, the Servicer shall permit any officer, employee or agent of the Administrative Agent (including an independent certified public accountant selected by the Administrative Agent) to visit (each such visit, a “Periodic Visitâ€�) and inspect any of its Properties, examine its books of record and accounts, documents (including without limitation computer tapes and disks), telecopies and extracts from the foregoing, and discuss its affairs, finances and accounts with its officers, accountants, and auditors, and to review the business of originating the Mortgage Loans, the sale of the Mortgage Loans by the Sellers, and the servicing of the Mortgage Loans by the Servicer, including the Servicer’s collections systems, all during reasonable business hours and as often as the Administrative Agent may desire and no more than twice a year unless an Event of Default has occurred and is continuing. The Sellers agree to pay the reasonable costs of reviews and inspections performed pursuant to this Section 6.8, including the costs and expenses charged by the certified public accountant in preparing and delivering to the Administrative Agent with respect to the certified public accountant’s review on a scope and in a form reasonably acceptable to the Administrative Agent and each Managing Agent (such report, a â€�Report of Visitâ€�). A Report of Visit shall be delivered no later than sixty (60) days prior to each Annual Extension Date.
Periodic Visits.ĚýFranchisor or Franchisor’s representative shall make periodic visits to the Franchised Business for the purposes of consultation, assistance and guidance with respect to various aspects of the operation and management of the Franchised Business. Franchisor and Franchisor’s representatives who visit the Franchised Business may prepare, for the benefit of both Franchisor and Franchisee, written reports detailing any problems or concerns discovered during any such visit and outlining any required or suggested changes or improvements in the operations of the Franchised Business. A copy of any such written report may be provided to Franchisee. Franchisee shall implement any required changes or improvements in a timely manner.
Periodic Visits.ĚýPeriodic site visits to observe elements of the work relative to discipline of Engineer.
Periodic Visits.ĚýThe Seller and the Servicer shall permit any officer, employee or agent of the Administrative Agent (including an independent certified public accountant selected by the Administrative Agent) to visit (each such visit, a "Periodic Visit") and inspect any of its properties, examine its books of record and accounts, documents (including without limitation computer tapes and disks), telecopies and extracts from the foregoing, and discuss its affairs, finances and accounts with its officers, accountants, and auditors, and to review the business of originating the Mortgage Loans, the sale of the Mortgage Loans by the Seller, and the servicing of the Mortgage Loans by the Servicer, including the Servicer's collections systems, all during reasonable business hours upon reasonable prior notice and as often as the Administrative Agent may desire and no more than twice a year unless a Termination Event has occurred and is continuing. The Seller agrees to pay the reasonable costs of reviews and inspections performed pursuant to this Section 6.05(h), including the costs and expenses charged by the certified public accountant in preparing and delivering to the Administrative Agent with respect to the certified public accountant's review on a scope and in a form reasonably acceptable to the Administrative Agent and each Funding Agent (such report, a "Report of Visit"); provided that if a Report of Visit is prepared and delivered to the Administrative Agent pursuant to another mortgage loan purchase or financing facility with the Seller, such Report of Visit will satisfy the obligation to deliver a Report of Visit hereunder. A Report of Visit shall be delivered at least once per calendar year. Notwithstanding the foregoing, the Seller agrees to pay the reasonable costs and expenses charged by a certified public accountant in connection with a collateral audit for agreed upon procedures conducted at the direction of the Administrative Agent (i) within three (3) months after the date hereof and (ii) thereafter no more frequently than once each twelve (12) month period beginning on May 1 of each year during the term of this Agreement.