Loan Communications definition
Examples of Loan Communications in a sentence
This Agreement and any document, amendment, approval, consent, information, notice, certificate, request, statement, disclosure or authorization related to this Agreement (each a “Loan Communication”), including Loan Communications required to be in writing, may be in the form of an Electronic Record and may be executed using Electronic Signatures.
All Loan Communications in the form of an Electronic Record, including an Electronic Copy, shall be considered an original for all purposes, and shall have the same legal effect, validity and enforceability as a paper record.
Each of the Lenders and the Borrower hereby approves distribution of the Loan Communications through the Approved Electronic Platform and understands and assumes the risks of such distribution.