Common use of Electronic Data Storage Clause in Contracts

Electronic Data Storage. It is understood that the Company may store information, the contents or images of documents or other data on electronic media or other media generally accepted for business records (such as microfiche). The Company and Insured agree that the data stored on such electronic or other media are equally acceptable between the parties for all purposes as information, documents or other data maintained in printed or written form, including but not limited to, for the purposes of litigation or arbitration.

Appears in 8 contracts

Samples: edgar.secdatabase.com, Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-He3), Pooling and Servicing Agreement (Ownit Mortgage Loan Trust, Series 2005-5)

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Electronic Data Storage. It is understood that the Company may store information, the contents or images of documents or other data on electronic media or other media generally accepted for business records (such as microfiche). The Company and Insured agree that the data stored on such electronic or other media are equally acceptable between the parties for all purposes as information, [LOGO OMITTED] BULK PRIMARY PMI FIRST LIEN MASTER POLICY ============================================================================ documents or other data maintained in printed or written form, including but not limited to, for the purposes of litigation or arbitration.

Appears in 1 contract

Samples: CWABS Asset-Backed Certificates Trust 2006-6

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