Common use of MANIFEST ERROR Clause in Contracts

MANIFEST ERROR. To the extent it is determined in the period of time between the Signing Date and the Initial Implementation Date that the listing of a Subject Loan on a Schedule to this Agreement is the result of manifest error, the Parties agree to cooperate in good faith to correct such error, it being understood that if the Initial Implementation Date has occurred and the Parties continue to dispute the listing of any Subject Loan, then Section 11(c) shall apply to such continuing dispute. For the avoidance of doubt, this Section 3(c) does not apply to a change in Category of a Subject Loan, any such change being subject to Section 3(a)(ii).

Appears in 1 contract

Sources: Settlement Agreement (Mgic Investment Corp)

MANIFEST ERROR. To the extent it is determined in the period of time between the Signing Date and the Initial applicable Other Implementation Date that the listing of a Subject Loan on a Schedule to this Agreement is the result of manifest error, the Parties agree to cooperate in good faith to correct such error, it being understood that if the Initial applicable Other Implementation Date has occurred occurred, and the Parties continue to dispute the listing of any Subject Loan, then Section 11(c) shall apply to such continuing dispute. For the avoidance of doubt, this Section 3(c) does not apply to a change in Category of a Subject Loan, any such change being subject to Section 3(a)(ii).

Appears in 1 contract

Sources: Settlement Agreement (Mgic Investment Corp)