Common use of Systems Support Clause in Contracts

Systems Support. The MPF Provider shall work with the Pittsburgh Bank to develop an appropriate interface or method for receiving reports from the MPF Provider. Data regarding the Pittsburgh Bank’s PFIs and the Mortgage Loans the Pittsburgh Bank has funded or purchased, and that are serviced by its PFIs will be processed on the same system the MPF Provider uses to process the MPF Provider’s MPF Program data. The MPF Provider intends to update this system as it deems necessary to keep the system operating in a commercially reasonable manner.

Appears in 3 contracts

Samples: Services Agreement, Services Agreement (Federal Home Loan Bank of Chicago), Services Agreement (Federal Home Loan Bank of Chicago)

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Systems Support. The MPF Provider shall work with the Pittsburgh Bank to develop an appropriate interface or method for receiving reports from the MPF Provider. Data regarding the Pittsburgh Bank’s PFIs and the Mortgage Loans the Pittsburgh Bank has funded or purchased, and that are serviced by its PFIs will be processed on the same system the MPF Provider uses to process the MPF Provider’s MPF Program data. The MPF Provider intends to update toupdate this system as it deems necessary to keep the system operating in a commercially reasonable manner.

Appears in 1 contract

Samples: Services Agreement (Federal Home Loan Bank of Pittsburgh)

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