MLCC Data definition

MLCC Data means any data, databases, reports and records relating to financial products from or services with MLCC, including, without limitation, Account Numbers, Borrower Information, and data derived therefrom."
MLCC Data means any data, databases, reports and records relating to financial products from or services with MLCC, including, without limitation, Account Numbers, Borrower Information, and data derived therefrom. “MLCC Performance Failure” means the failure of MLCC to generate[* * *]. “MLCC Privacy Policy” means MLCC’s policy with respect to its Customers’ privacy, a proto-type of which policy is attached hereto as Exhibit D and which may be amended from time to time by MLCC without the consent of PHH if such amendments are required by Applicable Requirements. “MLCC Services” shall mean the Origination Services. “Mortgage 100sm Loan” means a Mortgage Loan secured by Additional Collateral having a value, as of the date of origination of such Mortgage Loan, at least equal to the related Original Additional Collateral Requirement.
MLCC Data means any data, databases, reports and records relating to financial products from or services with MLCC, including, without limitation, Account Numbers, Mortgagor Information, and data derived therefrom. MLCC Portfolio Servicing Agreement means the Portfolio Servicing Agreement dated as of January 28, 2000, between the Servicer, as owner, and the Subservicer, as the company, as the same may be amended from time to time in accordance with the terms thereof. MLCC Services shall mean collectively, the Origination Services and Subservicer’s obligations under this Agreement.

Examples of MLCC Data in a sentence

  • Purchaser shall, upon notice thereof by Seller, comply with all of Seller's commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.

  • All right, title and interest in all MLCC Data made by or on behalf of PHH, together with all intellectual property rights therein, shall be owned exclusively by MLCC.

  • PHH shall, upon notice thereof by MLCC, comply with all of MLCC’s commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.

  • With respect to any MLCC Data provided by MLCC to PHH hereunder, except to the extent expressly permitted hereunder, subject to this Section 29, or by prior written permission of MLCC, PHH shall not prepare any derivative work of the MLCC Data or any portion thereof, or sublicense, transfer, assign, rent, lease or otherwise convey the MLCC Data or any portion thereof, or any right with respect thereto, to any third party.

  • Subservicer shall, upon notice thereof by Servicer, comply with all of Servicer’s commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.

  • Purchaser shall, upon notice thereof by Seller, comply with all of Seller’s commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.

  • PHH hereby assigns to MLCC all right, title, and interest in such MLCC Data and the intellectual property rights therein.

  • PHH shall, at request of MLCC, perform any acts that MLCC may reasonably deem necessary or desirable to evidence or confirm MLCC’s ownership interest in such MLCC Data and the intellectual property rights therein, including but not limited to making further written assignments in a form determined by MLCC.