TO THE SERVICER'S
RECORDS AND FILES RELATING TO THE CONTRACTS AND THE COLLATERAL AND WILL CAUSE
ITS PERSONNEL TO ASSIST IN ANY EXAMINATION OF SUCH RECORDS BY THE ISSUER, THE
INSURER, THE BACK-UP SERVICER OR THE INDENTURE TRUSTEE, AND WILL PERMIT SUCH
PARTIES TO DISCUSS THE AFFAIRS, FINANCES AND ACCOUNTS OF THE SERVICER WITH THE
CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER OF THE SERVICER. THE
EXAMINATION REFERRED TO IN THIS SECTION 2.20 WILL BE CONDUCTED IN A MANNER WHICH
DOES NOT UNREASONABLY INTERFERE WITH THE SERVICER'S NORMAL OPERATIONS OR
CUSTOMER OR EMPLOYEE RELATIONS. WITHOUT OTHERWISE LIMITING THE SCOPE OF THE
EXAMINATION THE ISSUER, THE INSURER, THE BACK-UP SERVICER OR THE INDENTURE
TRUSTEE MAY, USING GENERALLY ACCEPTED AUDIT PROCEDURES, VERIFY THE STATUS OF
EACH CONTRACT AND REVIEW THE SERVICER FILES AND RECORDS RELATING THERETO FOR
CONFORMITY TO MONTHLY SERVICER REPORTS PREPARED PURSUANT TO SECTION 2.02(C) AND
COMPLIANCE WITH THE STANDARDS REPRESENTED TO EXIST AS TO EACH CONTRACT IN THIS
SERVICING AGREEMENT.
NOTHING HEREIN SHALL REQUIRE THE ISSUER, THE INSURER, THE
BACK-UP SERVICER OR THE INDENTURE TRUSTEE TO CONDUCT ANY INSPECTION PURSUANT TO
THIS SECTION. SUCH PARTIES MAY, WITH THE SERVICER'S CONSENT, WHICH SHALL NOT BE
UNREASONABLY WITHHELD OR DELAYED, DISCUSS THE AFFAIRS, FINANCES AND ACCOUNTS OF
THE SERVICER WITH THE SERVICER'S INDEPENDENT ACCOUNTANTS, PROVIDED THAT AN
OFFICER OF THE SERVICER SHALL HAVE THE RIGHT TO BE PRESENT DURING SUCH
DISCUSSIONS.
(B)
AT ALL TIMES DURING THE TERM HEREOF, THE
INITIAL SERVICER SHALL KEEP AVAILABLE AT ITS OFFICE LOCATED AT 380 INTERSTATE
NORTH, ATLANTA, GEORGIA 30559 (OR SUCH OTHER LOCATION AS TO WHICH IT SHALL GIVE
WRITTEN NOTICE TO THE ISSUER, THE INDENTURE TRUSTEE, AND THE INSURER), FOR
INSPECTION BY THE ISSUER, THE INSURER, THE BACK-UP SERVICER AND THE INDENTURE
TRUSTEE A COPY OF THE CONTRACT SCHEDULE, AS AMENDED.
17
(C)
ALL INFORMATION OBTAINED BY THE ISSUER, THE
INSURER, THE BACK-UP SERVICER OR THE INDENTURE TRUSTEE REGARDING THE OBLIGORS
AND THE CONTRACTS, WHETHER UPON EXERCISE OF ITS RIGHTS UNDER THIS SECTION 2.20
OR OTHERWISE, SHALL BE MAINTAINED BY THE ISSUER, THE INSURER, THE BACK-UP
SERVICER OR THE INDENTURE TRUSTEE IN CONFIDENCE AND SHALL NOT BE DISCLOSED TO
ANY OTHER PERSON, EXCEPT AS OTHERWISE REQUIRED BY APPLICABLE LAW OR REGULATION.
(D)
THE SERVICER WILL, AT THE ISSUER'S OR THE
INSURER'S REQUEST, PROVIDE THE ISSUER OR THE INSURER WITH A DATA EXTRACT DISK OF
PORTFOLIO INFORMATION.
(E)
THE SERVICER AND THE INSURER AND THEIR
AGENTS AND REPRESENTATIVES SHALL AT ALL TIMES HAVE FULL AND FREE ACCESS DURING
NORMAL BUSINESS HOURS TO ALL COMPUTER TAPES, BOOKS, CORRESPONDENCE AND RECORDS
OF THE BACK-UP SERVICER INSOFAR AS THEY RELATE TO THE CONTRACTS AND THE INSURER
AND ITS AGENTS AND REPRESENTATIVES MAY EXAMINE THE SAME, TAKE EXTRACTS THEREFROM
AND MAKE PHOTOCOPIES THEREOF. THE SERVICER AND THE INSURER EACH AGREE THAT ALL
SUCH INFORMATION, PRACTICES, BOOKS, CORRESPONDENCE AND RECORDS ARE TO BE
REGARDED AS CONFIDENTIAL INFORMATION AND THAT (A) IT SHALL RETAIN IN STRICT
CONFIDENCE AND SHALL USE ITS BEST EFFORTS TO ENSURE THAT ITS REPRESENTATIVES
RETAIN