Imaged File definition
Examples of Imaged File in a sentence
For the avoidance of doubt, if a Contract contained within an Imaged File is not fully executed, the Image File Custodian will specify that such Contract is not fully executed in the exception report attached to the related Custodian Certification.
Within two (2) Business Days of receipt of such written request, the Image File Custodian shall delete the applicable Imaged File from the Image File Custodian’s system as directed by the Servicer in such Removal Request.
As of the related Funding Date, the Image File Custodian is holding the related Imaged File for the benefit of the Secured Parties, and the original related Receivable File, Servicer File and related documentation are maintained by the Servicer on behalf of the Borrower for the benefit of the Secured Parties.
In receiving and reviewing any Imaged File in connection with the Image File Custodian’s delivery of a Certificate of Receipt, the Image File Custodian shall be required only to conduct the review necessary to make the certifications contained in the Certificate of Receipt.
Notwithstanding the foregoing or any other provision of this Agreement to the contrary, the Image File Custodian shall not have any duty or obligation to review any Imaged File with respect to which the related Contract is an Electronic Contract (other than a Specified Electronic Contract).
The Servicer shall (x) deliver or cause to be delivered to the Borrower no later than two Business Day preceding the related Funding Date, as the case may be, the current Schedule of Receivables, (y) with respect to any Receivable, deliver or cause to be delivered to the Image File Custodian on the related Funding Date, the related Imaged File, as the case may, and (z) with respect to any Receivable, retain the original Receivable File.
Notwithstanding the foregoing or any other provision of this Agreement to the contrary, the Image File Custodian shall not have any duty or obligation to review any Imaged File with respect to which the related Contract is an Electronic Contract.