Common use of Lost or Damaged Records Clause in Contracts

Lost or Damaged Records. In the event that records or other data submitted to the Servicer for processing should be lost or damaged while in the possession, control or custody of the Servicer or its agents, such lost or damaged records or data shall be reproduced by the Servicer at the Servicer's own cost and expense from microfilm duplicates in the Servicer's possession or under the Servicer's control.

Appears in 4 contracts

Samples: Alternative Servicing Agreement, Alternative Servicing Agreement (National Collegiate Funding LLC), Alternative Loan Servicing Agreement (National Collegiate Funding LLC)

AutoNDA by SimpleDocs

Lost or Damaged Records. In the event that the Owner’s records or other data submitted to the Servicer for processing should be lost or damaged while in the possession, control or custody of the Servicer or its agents, such lost or damaged records or data shall be reproduced by the Servicer at the Servicer's ’s own cost and expense from microfilm duplicates in the Servicer's possession or under the Servicer's control’s possession.

Appears in 1 contract

Samples: Servicing Agreement (GCO Education Loan Funding Trust-I)

Lost or Damaged Records. In the event that the Owner’s records or other data submitted to the Servicer for processing should be lost or damaged while in the possession, control or custody of the Servicer or its agents, such lost or damaged records or data shall be reproduced by the Servicer at the Servicer's ’s own cost and expense from microfilm duplicates in the Servicer's ’s possession or under the Servicer's ’s control.

Appears in 1 contract

Samples: Servicing Agreement (Mru Abs Ii LLC)

AutoNDA by SimpleDocs

Lost or Damaged Records. In the event that records or other data submitted to Servicer in connection with the Servicer for processing should be Servicing is lost or damaged while in the possession, control or custody of the Servicer or its agents, Servicer shall use all reasonable efforts to reproduce such lost or damaged records or data shall be reproduced by the Servicer at the Servicer's ’s own cost and expense from microfilm image duplicates in the Servicer's ’s possession or under the Servicer's ’s control.

Appears in 1 contract

Samples: Servicing Agreement (GreenSky, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!