Electronic File definition
Examples of Electronic File in a sentence
It is the Buyer's responsibility to maintain a copy of any original Electronic File provided by the Buyer.
A/E, and Contractor do not warrant to each other that any Electronic File they provide (1) was not altered though transmission; (2) is compatible with the recipient’s computer system or software; (3) will not be altered through degradation of the recipient’s storage media; or (4) is suitable for conversion/translation to and subsequent use in a system or format other than the Electronic File’s original system or format.
Any exceptions to the Electronic File Format requirements above must be approved in writing by the CAM.
All information concerning all Servicing Rights set forth on the Electronic File pursuant to which such Servicing Rights were, are or will be (as applicable) pledged to the Lender will not contain any material misstatement of fact or omit to state a material fact or any fact necessary to make the statements contained therein, in light of the circumstances under which they were made, not misleading as of the date of such Electronic File.
For purposes of preparing each Borrowing Base Report, the Lender shall calculate the Collateral Value of the Eligible Servicing Rights described in the Relevant Electronic File.