CONVERSION DATA Clause Samples
CONVERSION DATA. Dependent upon the volume of loans transferring each month, the loans will be transferred effective the first of each month based on the prior month-end cut off by one of the following mutually agreed upon conversion methods.
A. Manual conversion
1. Company to provide a "master file data record" (COMPANY reference for master file data record?) for each loan (accompanied by a listing of all code definitions).
2. Company to provide a trial balance containing all the loans.
B. Electronic conversion
1. Information will be provided in a Microsoft Excel spreadsheet (or such other mutually agreeable format) containing mutually agreed upon fields.
2. Company to provide a trial balance containing all the loans. Preliminary information for either a manual or electronic conversion will be provided within 3 business days of receipt of the List of Loans to Transfer to provide time for Special Servicer to verify and load the information, with the exception of the specific data that is determined at the transfer date.
CONVERSION DATA. Dependent upon the volume of loans transferring each month, the loans will be transferred effective the first of each month based on the prior month-end cut off by one of the following mutually agreed upon conversion methods.
CONVERSION DATA. Dependent upon the volume of Specially Serviced Mortgage Loans transferred in a month based on the aggregate unpaid principal balance of the Specially Serviced Mortgage Loans as of the last day of Month Two, the sub-servicing of such Specially Serviced Mortgage Loans shall be accomplished by one of the following mutually agreed upon conversion methods:
A. Manual conversion 1. Company to provide a "master file data record" for each loan (accompanied by a listing of all code definitions).\
CONVERSION DATA. Within thirty (30) days of request following the designation of the Nominated Purchaser and mutual agreement in writing of all parties on the price of the Portfolio, FNBO shall provide customary “data room” documentation, and such other Account data, information and interviews with FNBO, on-site due diligence and access to FNBO management, as may be reasonably requested by Co-Brand Partner (collectively, the “Conversion Data”). Co-Brand Partner may share the Conversion Data provided to Co-Brand Partner under this Section 3 with Co-Brand Partner advisors and representatives and the Nominated Purchaser and their advisors and representatives to facilitate the purchase and conversion of the Accounts; provided, however, that such advisors are obligated to maintain the confidentiality of the information they receive. Notwithstanding the foregoing, FNBO may in its sole discretion also require that Co-Brand Partner cause its advisors and representatives, and the Nominated Purchaser, Alternative Nominated Purchaser and their advisors and representatives, to enter into confidentiality agreements and arrangement with FNBO that covers the Conversion Data and other information supplied by FNBO under this Schedule 3.7 before providing such Conversion Data, which confidentiality agreements and arrangements shall be substantially as protective as the confidentiality provisions set forth in Section 7 of the Agreement. If the Nominated Purchaser and Alternative Nominated Purchaser has previously entered into confidentiality agreements and arrangements with FNBO pursuant to this Schedule 3.7, Co-Brand Partner shall cause such Nominated Purchaser and Alternative Nominated Purchaser and such Nominated Purchaser’s and Alternative Nominated Purchaser’s advisors and representatives to enter into confidentiality agreements and arrangements with FNBO that covers the Conversion Data and other information supplied by FNBO under this Schedule 3.7 before providing such Conversion Data, which confidentiality agreements and arrangements shall be substantially as protective as the confidentiality provisions set forth in Section 7 of the Agreement.
CONVERSION DATA