Electronic Note definition

Electronic Note means an electronically created note; (3) “Electronic Record” means a Record created, generated, sent, communicated, received, or stored by electronic means; (4) “Electronic Signature” means an electronic symbol or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign a record; (5) “E-SIGN” means the Electronic Signatures in Global and National Commerce Act, codified at 15 U.S.C. §7001 et seq., as it may be amended from time to time, or any applicable additional or successor legislation that governs the same subject matter; (6) “Note Holder Registry” means a registry system that is used to record the issuance and transfer of Electronic Notes; (7) “Paper Note” means an Electronic Note that is converted into a paper note; (8) “Record” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form; (9) “Transferable Record” means an Electronic Record that: (i) would be a note under Article 3 of the Uniform Commercial Code if the Electronic Record were in writing and (ii) I, as the issuer, have agreed is a Transferable Record; and (10) “UETA” means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the property is located, as may be amended from time to time, or any applicable additional or successor legislation that governs the same subject matter.
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Electronic Note means an electronic record evidencing a Financed Federal Loan that contains terms substantially the same as the Financed Student Loan in a form complying with the applicable requirements of the Electronic Signatures in Global and National Commerce Act, 15 U.S.C.A. §§ 7001, et seq., the Uniform Electronic Transaction Act, as adopted in relevant jurisdictions and the Higher Education Act regarding electronic promissory notes.
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Electronic Note or “eNote” means an Electronic Record under the ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT (E-SIGN) and the UNIFORM ELECTRONIC TRANSACTIONS ACT (UETA) that:
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Examples of Electronic Note in a sentence

  • By doing this, I am indicating that I agree to the terms of this Electronic Note.

  • If and to the extent that a Mortgage Note is an electronically signed document, then in lieu of delivery or endorsement of the Mortgage Note to the Trustee or Custodian, all necessary steps will be taken on the applicable Electronic Note Registry System for the Trustee to be considered in control of that Mortgage Note.

  • If this Electronic Note has been registered in the Note Holder Registry, then the authoritative copy will be the copy identified by the Note Holder of record in the Note Holder Registry or the Loan Servicer (as defined in the Security Instrument) acting at the direction of the Note Holder, as the authoritative copy.

  • No other copy of this Electronic Note may be the authoritative copy.

  • The authoritative copy of this Electronic Note will be the copy identified by the Note Holder after loan closing but prior to registration in the Note Holder Registry.

  • The only copy of this Electronic Note that is the authoritative copy is the copy that is within the control of the person identified as the Note Holder in the Note Holder Registry (or that person’s designee).

  • I expressly agree that the Note Holder and any person to whom this Electronic Note is later transferred shall have the right to convert this Electronic Note at any time into a paper-based Note (the "Paper-Based Note").

  • By signing this Electronic Note using my adopted Electronic Signature, I am: (1) promising to pay the amount owed, as evidenced by this Electronic Note, to the Note Holder, and (2) agreeing that this Electronic Note is a valid, enforceable and effective Transferable Record issued by me to the Note Holder under the transferable records provisions of UETA and E-SIGN.

  • I agree that the Note Holder has the right, at any time to transfer the registration of this Electronic Note to another Note Holder Registry.

  • The Note Holder Registry will contain the identity of the Note Holder and the location of the Authoritative Copy of this Electronic Note.


More Definitions of Electronic Note

Electronic Note means an electronically created note; (3) “Electronic Record” means a Record created, generated, sent, communicated, received, or stored by electronic means; (4) “Electronic Signature” means an electronic symbol or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign a record; (5) “E-SIGN” means the Electronic Signatures in Global and National Commerce Act, codified at 15 U.S.C. § 7001 et seq., as it may be amended from time to time, or any applicable additional or successor legislation that .governs the same subject matter; (6) “Note Holder Registry” means a registry system that is used to record the issuance and transfer of Electronic Notes; (7) “Paper Note” means an Electronic Note that is converted into a paper note; (8) “Record” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form; (9) “Transferable Record” means an Electronic Record that:
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Related to Electronic Note

  • Electronic Notice shall be deemed written notice for purposes of this Section 13 if sent to the electronic mail address specified by the receiving party under separate cover. Electronic Notice shall be deemed received at the time the party sending Electronic Notice receives verification of receipt by the receiving party. Any party receiving Electronic Notice may request and shall be entitled to receive the notice on paper, in a nonelectronic form (“Nonelectronic Notice”) which shall be sent to the requesting party within ten (10) days of receipt of the written request for Nonelectronic Notice.

  • Electronic Record and “Electronic Signature” shall have the meanings assigned to them, respectively, by 15 USC §7006, as it may be amended from time to time.

  • Electronic Ledger means the electronic master record of the retail installment sales contracts or installment loans of the Servicer.

  • Electronic Record(s means the electronic record as defined under clause (t) of subsection (1) of section 2 of the Information Technology Act, 2000.

  • Electronic filing means a document that is filed under securities legislation or securities directions in electronic format or the act of filing a document under securities legislation or securities directions in electronic format, as the context indicates;

  • Electronic Chattel Paper means chattel paper evidenced by a record or records consisting of information stored in an electronic medium.

  • Electronic Interface means access to operations support systems consisting of preordering, ordering, provisioning, maintenance and repair and billing functions.