Common use of Electronic Transmission of Data Clause in Contracts

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 9 contracts

Samples: Loan Agreement, Term Loan Agreement (Inland Real Estate Income Trust, Inc.), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)

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Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 6 contracts

Samples: Loan and Security Agreement (America First Tax Exempt Investors Lp), Construction Loan Agreement (American Retirement Corp), Loan Agreement (Cost Plus Inc/Ca/)

Electronic Transmission of Data. Lender and Borrower Borrowers agree that certain data related to the Loan Credit Facilities (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower Borrowers and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges Borrowers acknowledge and agrees agree that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower Borrowers will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 4 contracts

Samples: Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify release Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates and other Persons persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender for, from and against any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 3 contracts

Samples: Building Loan Agreement (AAC Holdings, Inc.), Building Loan Agreement (AAC Holdings, Inc.), Loan Agreement (Sb Partners)

Electronic Transmission of Data. Lender and Borrower Borrowers agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower Borrowers and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Each Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) each Borrower will release, hold harmless and indemnify release Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 3 contracts

Samples: Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internetinternet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates, and other Persons persons or entities involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmissiontransmissions, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, negligence which is related to the electronic transmission transmittal of data.

Appears in 2 contracts

Samples: Credit Loan Agreement, Credit Loan Agreement (Limoneira CO)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates and other Persons persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, except for Lender’s fraud or gross negligence, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, but excluding that arising from Lender’s fraud or gross negligence, which is related to the electronic transmission of data.

Appears in 2 contracts

Samples: Loan Agreement (Comstock Homebuilding Companies, Inc.), Loan Agreement (Comstock Homebuilding Companies, Inc.)

Electronic Transmission of Data. Lender Xxxxxx and Borrower Xxxxxxxx agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 2 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement

Electronic Transmission of Data. The Lender and Borrower the Borrowers agree that certain data related to the Loan Credit Facilities (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower the Borrowers and/or the Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges The Borrowers acknowledge and agrees agree that (a) there are risks associated with the use of electronic transmission and that the Lender does not control the method of transmittal or service providers, (b) the Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower the Borrowers will release, hold harmless and indemnify the Lender from any claim, damage or loss, including that arising in whole or part from the Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Financing and Security Agreement (Gp Strategies Corp)

Electronic Transmission of Data. Lender The Lenders and Borrower agree that certain data related to the Loan Loans (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and the Lenders and their Affiliates affiliates and other Persons involved with the subject matter of this Loan Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender the Lenders does not control the method of transmittal or service providers, (b) Lender the Lenders has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless harmless, defend and indemnify Lender the Lenders from any claim, damage or loss, including that arising in whole or part from Lender’s the Lenders’ strict liability or sole, comparative comparative, or contributory negligence, which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Loan Agreement (Live Oak Acquisition Corp)

Electronic Transmission of Data. Lender and Borrower agree that certain Loan related data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internetinternet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates, and other Persons persons or entities involved with the subject matter of this Loan Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmissiontransmissions, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s 's strict liability or sole, comparative or contributory negligence, negligence which is related to the electronic transmission transmittal of data.

Appears in 1 contract

Samples: Credit Loan Agreement (ASPA Gold Corp)

Electronic Transmission of Data. Lender Bank and Borrower Second Parties agree that certain data related to the Loan Credit Line (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower Second Parties and/or Lender Bank and their Affiliates affiliates and other Persons involved with the subject matter of this Agreement. Borrower Each Second Party acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender Bank does not control the method of transmittal or service providers, (b) Lender Bank has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower each Second Party will release, hold harmless and indemnify Lender Bank from any claim, damage or loss, including that arising in whole or part from LenderBank’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data, except to the extent that such claim, damage or loss arises from the gross negligence or willful misconduct of Bank.

Appears in 1 contract

Samples: Line of Credit Agreement (Fortegra Financial Corp)

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Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Revolving Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence (but excluding gross negligence, willful misconduct or unlawful actions by the Lender), which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Financing and Security Agreement (Liquidity Services Inc)

Electronic Transmission of Data. Lender Bank and Borrower agree that certain information and data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender Bank and their Affiliates affiliates, and other Persons persons or entities involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender Bank does not control the method of transmittal or service providers, (b) Lender Bank has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmissiontransmissions, and (c) Borrower will release, hold harmless and indemnify Lender Bank from any claim, damage or loss, including that arising in whole or part from LenderBank’s strict liability or sole, comparative or contributory negligence, negligence which is related to the electronic transmission transmittal of data.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Mercury Air Group Inc)

Electronic Transmission of Data. Lender and Borrower Borrowers agree that certain data related to the Loan Loans (including confidential information, documents, applications and reportsrep01ts) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower Borrowers and/or Lender and their Affiliates affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges Borrowers acknowledge and agrees agree that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will releasereleases, hold harmless and indemnify indemnifies Lender from any claim, damage or loss, including that arising in whole or part pmt from Lender’s 's strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Loan Agreement (Innovative Food Holdings Inc)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.. DECLARATION OF MXXXXXX XXXXXXXXXX, EXHIBIT B PAGE 149 Case 2:15-cv-01350-JLR Document 357-2 Filed 06/23/16 Page 129 of 208

Appears in 1 contract

Samples: Master Agreement

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan Loans (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will releasereleases, hold harmless and indemnify indemnifies Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Loan Agreement (Innovative Food Holdings Inc)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan Loans (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunrise Senior Living Inc)

Electronic Transmission of Data. Lender and Borrower agree that certain data related to the Loan (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted to, received from or circulated among agents and representatives of Borrower and/or Lender and their Affiliates and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees that (a) there are risks associated with the use of electronic transmission and that Lender does not control the method of transmittal or service providers, (b) Lender has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower will release, hold harmless and indemnify Lender from any claim, damage or loss, including that arising in whole or part from Lender’s strict liability or sole, comparative or contributory negligence, which is related to the electronic transmission of datadata except to the extent due to Lender’s gross negligence or willful misconduct.

Appears in 1 contract

Samples: Term Loan Agreement (Acadia Realty Trust)

Electronic Transmission of Data. Lender Bank, Borrower, and Term Loan Borrower agree that certain data related to the Loan Loans (including confidential information, documents, applications and reports) may be transmitted electronically, including transmission over the Internet. This data may be transmitted toInternet to the parties, received from or circulated among the parties’ affiliates, agents and representatives of Borrower and/or Lender and their Affiliates representatives, and other Persons involved with the subject matter of this Agreement. Borrower acknowledges and agrees Term Loan Borrower each acknowledge and agree that (a) there are risks associated with the use of electronic transmission and that Lender Bank does not control the method of transmittal or service providers, (b) Lender Bank has no obligation or responsibility whatsoever and assumes no duty or obligation for the security, receipt or third party interception of any such transmission, and (c) Borrower and Term Loan Borrower will release, hold harmless and indemnify Lender Bank from any claim, damage or loss, including that arising in whole or part from LenderBank’s strict liability or sole, comparative or contributory negligence, but not its sole gross negligence or willful misconduct, as determined by a final judgment of a court of competent jurisdiction, which is related to the electronic transmission of data.

Appears in 1 contract

Samples: Loan Agreement (Pam Transportation Services Inc)

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