Common use of Codified Findings Clause in Contracts

Codified Findings. In the event that Xxxxxx Xxx, in its sole discretion, provides Licensee with Codified Findings, Licensee agrees that (a) the Codified Findings are subject to change at any time and from time to time and that Licensee develops code based upon the Codified Findings at its own risk, cost and expense, (b) upon receipt of any changes to the Codified Findings, Licensee shall promptly update any code that it has developed or licensed in order to conform such code to the most recent version of the Codified Findings, (c) neither Licensee nor any Third-Party Provider utilized by Licensee shall modify, alter or translate the Codified Findings in such a way as to materially alter the substance of any recommendation or finding issued by the Licensed Application, (d) for purposes of a mortgage loan’s eligibility for the limited waiver of representations and warranties set forth in the Section hereof captioned “Limited Waiver,” in the event that there is any inconsistency between the findings or recommendations issued by the Licensed Application and the material contained in the Codified Findings, the findings or recommendations issued by the Licensed Application shall govern (e) Xxxxxx Xxx has the right, but not the obligation, to review and comment on any Consumer Findings developed by Licensee or any Third-Party Provider utilized by Licensee, (f) Licensee shall promptly make (or cause to be made) any alterations or additions that Xxxxxx Xxx may request from time to time to any Consumer Findings developed by Licensee or any such Third-Party Provider, and (g) such Consumer Findings shall not contain any reference to Xxxxxx Xxx without Fannie Mae’s prior written consent. Licensee further acknowledges and agrees that the Codified Findings are provided as a convenience only, and that Licensee's use of such Codified Findings may result in liability under existing laws, rules or regulations, and under agreements to which Licensee is a party. Any liability resulting from Licensee's use of the Codified Findings is solely Licensee's responsibility, and Xxxxxx Xxx and its Third-Party Licensors shall not be responsible in any way for any such use or liability.

Codified Findings. In the event that Xxxxxx Xxx, in its sole discretion, provides Licensee with Codified Findings, Licensee agrees that (ai) the Codified Findings are subject to change at any time and from time to time and that Licensee develops code based upon the Codified Findings at its own risk, cost and expense, (bii) upon receipt of any changes to the Codified Findings, Licensee shall promptly update any code that it has developed or licensed in order to conform such code to the most recent version of the Codified Findings, (ciii) neither Licensee nor any Third-Party Provider utilized by Licensee shall modify, alter or translate the Codified Findings in such a way as to materially alter the substance of any recommendation or finding issued by the Licensed Application, (div) for purposes of a mortgage loan’s eligibility for the limited waiver of representations and warranties set forth in the Section hereof captioned “Limited Waiver,” in the event that there is any inconsistency between the findings or recommendations issued by the Licensed Application and the material contained in the Codified Findings, the findings or recommendations issued by the Licensed Application shall govern (ev) Xxxxxx Xxx has the right, but not the obligation, to review and comment on any Consumer Findings developed by Licensee or any Third-Party Provider utilized by Licensee, (fvi) Licensee shall promptly make (or cause to be made) any alterations or additions that Xxxxxx Xxx may request from time to time to any Consumer Findings developed by Licensee or any such Third-Party Provider, and (gvii) such Consumer Findings shall not contain any reference to Xxxxxx Xxx without Fannie Mae’s prior written consent. Licensee further acknowledges and agrees that the Codified Findings are provided as a convenience only, and that Licensee's use of such Codified Findings may result in liability under existing laws, rules or regulations, and under agreements to which Licensee is a party. Any liability resulting from Licensee's use of the Codified Findings is solely Licensee's responsibility, and Xxxxxx Xxx and its Third-Party Licensors shall not be responsible in any way for any such use or liability.

Codified Findings. In the event that Xxxxxx Xxx, in its sole discretion, provides Licensee with Codified Findings, Licensee agrees that (a) the Codified Findings are subject to change at any time and from time to time and that Licensee develops code based upon the Codified Findings at its own risk, cost and expense, (b) upon receipt of any changes to the Codified Findings, Licensee shall promptly update any code that it has developed or licensed in order to conform such code to the most recent version of the Codified Findings, (c) neither Licensee nor any Third-Party Provider utilized by Licensee shall modify, alter or translate the Codified Findings in such a way as to materially alter the substance of any recommendation or finding issued by the Licensed Application, (d) for purposes of a mortgage loan’s eligibility for the limited waiver of representations and warranties set forth in the Section hereof captioned “Limited Waiver,” 7 below, in the event that there is any inconsistency between the findings or recommendations issued by the Licensed Application and the material contained in the Codified Findings, the findings or recommendations issued by the Licensed Application shall govern govern, (e) Xxxxxx Xxx has the right, but not the obligation, to review and comment on any Consumer Findings developed by Licensee or any Third-Party Provider utilized by Licensee, (f) Licensee shall promptly make (or cause to be made) any alterations or additions that Xxxxxx Xxx may request from time to time to any Consumer Findings developed by Licensee or any such Third-Party Provider, and (g) such Consumer Findings shall not contain any reference to Xxxxxx Xxx without Fannie Mae’s prior written consent. Licensee further acknowledges and agrees that the Codified Findings are provided as a convenience only, and that Licensee's use of such Codified Findings may result in liability under existing laws, rules or regulations, and under agreements to which Licensee is a party. Any liability resulting from Licensee's use of the Codified Findings is solely Licensee's responsibility, and Xxxxxx Xxx and its Third-Party Licensors shall not be responsible in any way for any such use or liability.

Codified Findings. In the event that Xxxxxx Xxx, in its sole discretion, provides Licensee with Codified Findings, Licensee agrees that (a) a the Codified Findings are subject to change at any time and from time to time and that Licensee develops code based upon the Codified Findings at its own risk, cost and expense, (b) upon receipt of any changes to the Codified Findings, Licensee shall promptly update any code that it has developed or licensed in order to conform such code to the most recent version of the Codified Findings, (c) neither Licensee nor any Third-Party Provider utilized by Licensee shall modify, alter or translate the Codified Findings in such a way as to materially alter the substance of any recommendation or finding issued by the Licensed Application, (d) for purposes of a mortgage loan’s eligibility for the limited waiver of representations and warranties set forth in the Section hereof captioned “Limited Waiver,” 7 below, in the event that there is any inconsistency between the findings or recommendations issued by the Licensed Application and the material contained in the Codified Findings, the findings or recommendations issued by the Licensed Application shall govern govern, (e) Xxxxxx Xxx has the right, but not the obligation, to review and comment on any Consumer Findings developed by Licensee or any Third-Party Provider utilized by Licensee, (f) Licensee shall promptly make (or cause to be made) any alterations or additions that Xxxxxx Xxx may request from time to time to any Consumer Findings developed by Licensee or any such Third-Party Provider, and (g) such Consumer Findings shall not contain any reference to Xxxxxx Xxx without Fannie Mae’s prior written consent. Licensee further acknowledges and agrees that the Codified Findings are provided as a convenience only, and that Licensee's use of such Codified Findings may result in liability under existing laws, rules or regulations, and under agreements to which Licensee is a party. Any liability resulting from Licensee's use of the Codified Findings is solely Licensee's responsibility, and Xxxxxx Xxx and its Third-Party Licensors shall not be responsible in any way for any such use or liability.