Common use of Rights in Data Clause in Contracts

Rights in Data. All data, materials and records (including data and materials compiled from records) representing, related to, associated with or based on loans securitized by Xxxxxx Xxx, serviced for Xxxxxx Mae or in which Xxxxxx Xxx has an ownership right or interest are Xxxxxx Mae’s property and that of any other owner of a participation interest in the loan, regardless of the physical form or characteristics of the data, materials or records or whether they are developed or originated by the loan seller, servicer or others. Licensee agrees that Xxxxxx Xxx, its agents and contractors may use, reproduce, distribute and retain all such data, materials and records, and any other data, materials and records received or generated by Xxxxxx Mae in connection with this Agreement (or, where applicable, designated in the Licensed Application for delivery to Xxxxxx Xxx) for any purpose, including without limitation monitoring and performance of the Licensed Application, enforcement of Xxxxxx Mae’s rights, fraud prevention, information security, supporting and improving the Licensed Materials, providing reports to Licensee and third parties, analysis, providing data and services in compliance with applicable laws, and modeling, analytics and auditing. Licensee’s privacy statements, policies and practices must not conflict with this Section or any privacy statement included in any Licensed Application. Xxxxxx Xxx is not bound by Licensee’s privacy statements.

Rights in Data. All data, materials and records (including data and materials compiled from records) representing, related to, associated with or based on loans securitized by Xxxxxx XxxMae, serviced for Xxxxxx Mae Xxx or in which Xxxxxx Xxx Mae has an ownership right or interest are Xxxxxx Mae’s property and that of any other owner of a participation interest in the loan, regardless of the physical form or characteristics of the data, materials or records or whether they are developed or originated by the loan seller, servicer or others. Licensee agrees that Xxxxxx XxxMae, its agents and contractors may use, reproduce, distribute and retain all such data, materials and records, and any other data, materials and records received or generated by Xxxxxx Mae Xxx in connection with this Agreement (or, where applicable, designated in the Licensed Application for delivery to Xxxxxx XxxMae) for any purpose, including without limitation monitoring and performance of the Licensed Application, enforcement of Xxxxxx Mae’s rights, fraud prevention, information security, supporting and improving the Licensed Materials, providing reports to Licensee and third parties, analysis, providing data and services in compliance with applicable laws, and modeling, analytics and auditing. Licensee’s privacy statements, policies and practices must not conflict with this Section or any privacy statement included in any Licensed Application. Xxxxxx Xxx Mae is not bound by Licensee’s privacy statements.

Rights in Data. All data, materials and records (including data and materials compiled from records) representing, related to, associated with or based on loans securitized by Xxxxxx Xxx, serviced for Xxxxxx Mae Xxx or in which Xxxxxx Xxx has an ownership right or interest are Xxxxxx Fannie Mae’s property and that of any other owner of a participation interest in the loan, regardless of the physical form or characteristics of the data, materials or records or whether they are developed or originated by the loan seller, servicer or others. Licensee agrees that Xxxxxx Xxx, its agents and contractors may use, reproduce, distribute and retain all such data, materials and records, and any other data, materials and records received or generated by Xxxxxx Mae Xxx in connection with this Agreement (or, where applicable, designated in the Licensed Application for delivery to Xxxxxx Xxx) for any purpose, including without limitation monitoring and performance of the Licensed Application, enforcement of Xxxxxx Fannie Mae’s rights, fraud prevention, information security, supporting and improving the Licensed Materials, providing reports to Licensee and third parties, analysis, providing data and services in compliance with applicable laws, and modeling, analytics and auditing. Licensee’s privacy statements, policies and practices must not conflict with this Section or any privacy statement included in any Licensed Application. Xxxxxx Xxx is not bound by Licensee’s privacy statements.