Common use of Electronic conversion Clause in Contracts

Electronic conversion. 1. If it is determined that this type of conversion is advantageous to both parties the format (Microsoft Excel) will be furnished. 2. Preliminary Mortgage Loan data should be provided by the 12th Business Day of each month for the related Servicing Transfer Date. 3. Final data should be provided within 2 Business Days after the related Servicing Transfer Date. 4. A trial balance must be provided for both preliminary and final.

Appears in 14 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-6), Servicing Agreement (Lehman Mortgage Trust 2006-6), Servicing Agreement (Lehman Mortgage Trust 2007-3)

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