MSP System definition
Examples of MSP System in a sentence
We found that the Valuation Report had been signed by the space designated for the Valuer for mortgages not processed on the MSP System or there was an electronic valuation on the MSP System, with no exception.
As a result, the Minimum Monthly Principal Balance Loan Processing Volume Requirement shall not apply to Client until Client actually Processes that minimum number of loans on the MSP System in one month.
Fidelity and Client agree to promptly confirm to each other in writing the date on which conversion was completed and production commenced on the MSP System to clarify the Original Term.
Client is responsible for the initial setup of security levels and security codes as well as for the ongoing maintenance of security codes and security levels within the MSP System.
The correct functioning of the overall LoJack MSP System, shall be used to attest to the validity of all the software involved.
The MSP System provides Client with built-in security through initial access and through submenus.
This Agreement shall be effective on the Effective Date and continue in full force and effect for sixty (60) full calendar months from the commencement of the Processing of Client’s loans on Fidelity’s MSP System (the “Original Term”).
For mortgages originated after 2002 where a mortgage loan was processed on the MSP System, we checked that the electronic valuation was on the MSP System.
Such Basic Professional Services relate to use of the applicable Product and Service in conjunction with the components of the MSP System which are certified for use with the applicable Product and Service as of the date such Basic Professional Services are required.
Client agrees at the time this Addendum is executed to identify in writing to Fidelity the person who is responsible for the initiation and maintenance of the security controls within the MSP System.