eOriginal System definition
eOriginal System has the meaning set forth in the Custody Agreement.
eOriginal System means the electronic vaulting and management services and accompanying technology system comprised of proprietary and third party software, hardware, network communications equipment, lines and services, computer servers, data centers, support and maintenance services, security devices and other related technology materials of eOriginal that enable electronic contract vaulting in the timeshare industry.
eOriginal System means the electronic vaulting and management services and accompanying technology system comprised of proprietary and third party software, hardware, network communications equipment, lines and services, computer servers, data centers, support and maintenance services, security devices and other related technology materials of eOriginal that enable electronic contract vaulting in the timeshare industry.” ““Percentage Interest” means, as of the date with respect to any Purchaser Group or Non-Conduit Committed Purchaser, the percentage equivalent of a fraction, (i) the numerator of which is the outstanding principal amount on such date of the Note registered in the name of the Funding Agent for such Purchaser Group or such Non-Conduit Purchaser, as applicable and (ii) the denominator of which is the Outstanding Note Balance on such date.” ““Rated Final Maturity Date” means April 20, 2029, or should the Commitment Expiration Date be extended, the Payment Date that is immediately following the date that is the 12 year anniversary of the Commitment Expiration Date.” ““Required Legend” means a legend applied by the eOriginal System to every page of a document within an Electronic Timeshare Loan File, which shall read as follows: “Diamond Resorts Issuer 2008 LLC, with ▇▇▇▇▇ Fargo Bank, National Association as the Indenture Trustee and secured party through its designated custodian, ▇▇▇▇▇ Fargo Bank, National Association.”” ““Tangible Obligor Note” means an Obligor Note which was created in paper format.” ““Tangible Timeshare Loan File” means a Timeshare Loan File, the contents of which were created in paper format.” ““Warehouse Vault Partition” means the segregated partition of the eOriginal System maintained by the Custodian in the name of the Issuer.” The definition of “Hedge Requirement” shall be amended by deleting the reference to “6.5%” and replacing it with “7.0%”. The definition of “Schedule of Timeshare Loans” shall be amended by adding the following item to the end thereof: “14 Electronic Timeshare Loan File/Tangible Timeshare Loan File”. The definition of “Timeshare Loan File” shall be amended by adding the following at the end thereof: “For purposes of this definition, the term “original” shall include an “Authoritative Copy”. 4 KL2 2889986.17 The following definition shall be deleted from the Sixth Amended and Restated Standard Definitions: ““Default Rate” means, with respect to the Notes, 2.00%.”
Examples of eOriginal System in a sentence
The Custodian shall maintain the Warehouse Vault Partition so that the eOriginal System will place the Required Legend on each page of any perceivable copy of a document in the related Electronic Timeshare Loan File.
The Custodian shall maintain the Warehouse Vault Partition so that the eOriginal System will place the Required Legend on each page of any perceivable copy of an Electronic Loan Document in the related Electronic Timeshare Loan File.