eNote definition
eNote means, with respect to any eMortgage Loan, the electronically created and stored Mortgage Note that is a Transferable Record.
eNote means, with respect to any eMortgage Loan, the Mortgage Note that is electronically issued, created, presented and executed in accordance with the requirements of, and is a valid and enforceable Transferable Record under, applicable eCommerce Laws and otherwise conforms to all applicable Agency Guidelines.
eNote means a transferable record created in compliance with the Electronic Signatures in Global and National Commerce Act or Uniform Electronic Transactions Act whichever is applicable, stored electronically in a MERS approved eVault and registered in the MERS eRegistry.
More Definitions of eNote
eNote means, with respect to any eMortgage Loan, the electronically created Mortgage Note that is stored in an eVault and that is a Transferable Record.
eNote means a Document that is an electronic promissory note.
eNote means, with respect to any eMortgage Loan, the electronically created and stored Mortgage Note that is a Transferable Record. “eNote Custodian” is defined in Section 3.11(b)(ii). “ERISA” means the Employee Retirement Income Security Act of 1974 and any successor statute, as amended from time to time, and all rules and regulations promulgated under it. “ERISA Affiliates” means all members of the group of corporations and trades or businesses (whether or not incorporated) that, together with the Seller, are treated as a single employer under Section 414 of the Internal Revenue Code. “ERISA Plan” means any pension benefit plan subject to Title IV of ERISA or Section 412 of the Internal Revenue Code maintained or contributed to by the Seller or any ERISA Affiliate with respect to which the Seller has a fixed or contingent liability. “Erroneous Payment” is defined in Section 22.23. “Escrow Account” means the Escrow Account established by the Seller with a bank reasonably satisfactory to the Agent under Section 8, and subject to the control of the Agent into which amounts paid for escrow accumulation under Purchased Loans are paid for purposes of paying taxes, insurance and other appropriate escrow charges. “E-SIGN” means the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. § 7001 et seq., as supplemented, amended, recodified or replaced from time to time.
eNote means, with respect to any eMortgage Loan, the electronically created and stored Note for which there is an Authoritative Copy and that is registered on the MERS eRegistry.
eNote means, with respect to any eMortgage Loan, the electronically created and stored Mortgage Note that is a Transferable Record. “eNote Custodian” means JPMorgan Chase Bank, N.A., or any successor custodian acceptable to the Agent. “ERISA” means the Employee Retirement Income Security Act of 1974 and any successor statute, as amended from time to time, and all rules and regulations promulgated under it. “ERISA Affiliates” means all members of the group of corporations and trades or businesses (whether or not incorporated) that, together with the Seller, are treated as a single employer under Section 414 of the Internal Revenue Code.
eNote means a promissory note in an electronic format which is originated and signed in accordance with Applicable Requirements and registered on the MERS® eRegistry.
eNote means an electronic promissory note.