Records Hold definition

Records Hold means a written notice to suspend Disposition for designated records. A Records Hold may be authorized by General Counsel for legal reasons or by the Record Authority for unanticipated operational or audit needs.
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Records Hold means a notice (which may be sent by email) from Lender, sent in accordance with its customary practices, instructing Servicer to cease normal Records destruction practices with respect to certain Records, until further notice. Records Holds are commonly sent due to actual or anticipated investigations, audits, litigation or other similar occurrences and expire when such circumstances no longer exist.
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Examples of Records Hold in a sentence

  • If at any time after the Records Hold Period, Purchaser desires to dispose of Seller's Property-Related Files and Records, Purchaser must first provide Seller prior written notice (the "Records Disposal Notice").

  • If at any time after the Records Hold Period, Purchaser desires to dispose of Seller’s Property-Related Files and Records, Purchaser must first provide Seller prior written notice (the “Records Disposal Notice”).

  • Purchaser agrees, for a period of not less than three (3) years after the Closing (the "Records Hold Period"), to (a) provide and allow Seller reasonable access to Seller's Property-Related Files and Records for purposes of inspection and copying thereof, and (b) reasonably maintain and preserve Seller's Property-Related Files and Records.

  • If at any time after the Records Hold Period, Purchaser desires to dispose of any Seller’s Property-Related Files and Records, Purchaser must first provide the applicable Seller prior written notice (the “Records Disposal Notice”).

  • Purchaser agrees, for a period of not less than three (3) years after the Closing (the "Records Hold Period"), to (i) provide and allow Sellers reasonable access to Partnership's Property-Related Files and Records for purposes of inspection and copying thereof, and (ii) reasonably maintain and preserve Sellers’ Property-Related Files and Records.

  • Purchaser agrees, for a period of not less than three (3) years after the Closing (the "Records Hold Period"), to (a) provide and allow Seller reasonable access to Seller's Property-Related Files and Records for purposes of inspection and copying thereof at Seller’s sole cost and expense, and (b) reasonably maintain and preserve Seller's Property-Related Files and Records.

  • If at any time after the Records Hold Period, Purchaser desires to dispose of Seller’s Property-Related Files and Records, Purchaser must first provide Seller prior written notice (the “ Records Disposal Notice”).

  • Purchaser agrees, for a period of not less than 3 years after the Closing (the “ Records Hold Period”), to (a) provide and allow Seller reasonable access to Seller’s Property-Related Files and Records for purposes of inspection and copying thereof, and (b) reasonably maintain and preserve Seller’s Property-Related Files and Records.

  • Purchaser agrees, for a period of not less than three (3) years after the Closing (the “ Records Hold Period”), to (a) provide and allow Seller reasonable access to Seller’s Property-Related Files and Records for purposes of inspection and copying thereof, and (b) reasonably maintain and preserve Seller’s Property-Related Files and Records.

  • If at any time during the two (2) year period following the Records Hold Period, Purchaser desires to dispose of Seller’s Property-Related Files and Records, Purchaser shall first provide Seller not less than thirty (30) days’ prior written notice (the “Records Disposal Notice”).