Monthly Data Tape definition
Examples of Monthly Data Tape in a sentence
If Seller fails to furnish the Monthly Data Tape to Custodian by the close of business on the second business day following receipt of notice from Custodian, it will repurchase each of the Purchased Mortgage Loans for the applicable Repurchase Price within one Business Day.
To the extent that Custodian has not received the Monthly Data Tape by the close of business on the second Business Day of any calendar month, it will notify Seller of such failure and Seller shall have two Business Days to furnish the Monthly Data Tape to Custodian.
Concurrently with the delivery of the Monthly Servicer Report, the Servicer shall deliver to the Agent the Monthly Data Tape delivered to the Back-Up Servicer in accordance with Section 4.06(a).
Upon receipt of each Monthly Data Tape, the Back-Up Servicer shall promptly open such Monthly Data Tape to determine that the Monthly Data Tape is in readable form.
The Back-Up Servicer shall not be responsible in any manner for the accuracy or completeness or integrity of the information contained in any Monthly Data Tape.