Common use of Database File Clause in Contracts

Database File. The Servicer will provide the Successor Servicer with a magnetic tape containing the database file for each Contract in the Contract Pool on and as of the Business Day before the actual commencement of servicing functions by the Successor Servicer following the occurrence of a Servicer Default.

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (Cit Equipment Collateral 2006-Vt2), Pooling and Servicing Agreement (Cit Funding Co, LLC), Pooling and Servicing Agreement (CIT Equipment Collateral 2006-Vt1)

AutoNDA by SimpleDocs

Database File. The Servicer will provide the Successor Servicer with a magnetic tape containing the database file for each Contract in the Contract Pool on and as of the Business Day before the actual commencement of servicing functions by the Successor Servicer following the occurrence of a Servicer Default.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Newcourt Receivables Corp Ii), Pooling and Servicing Agreement (Newcourt Receivables Corp Ii)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.