Common use of On-Line Access Clause in Contracts

On-Line Access. The Servicer shall permit the Owner as owner of the servicing rights, internet access to certain computer screens in the Servicer’s loan administration computer system which contain Mortgage Loan information. The Servicer shall update such Mortgage Loan information on a “real time” basis. The Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized users. In accessing the Servicer’s computerized loan administration system, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner to use the assigned log-in identification or improperly access the Servicer’s computer system; (iv) keep the assigned log-in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s loan administration computer system; (viii) designate in writing an administrator (an “Owner Administrator”) who shall review on an annual basis the list of employees or agents of the Owner who have been authorized to access the Servicer’s loan administration computer system and assigned log-in identifications and passwords (each an “Authorized User”); (ix) require the Owner Administrator in conducting its review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s loan administration computer system; (x) require the Owner Administrator to remove from the list of Authorized Users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s loan administration computer system, and (xi) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Agreement, beginning on the first such anniversary following the execution of this Agreement, a notice stating that the Owner Administrator has conducted the review of the list of Authorized Users required by clause (viii) above, and has updated the list of Authorized Users as required by clause (ix) above. The Servicer shall have no liability to the Owner in the event that access to the Servicer’s loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The Servicer shall ensure any periods of unavailability are limited as much as possible in frequency and amount of time.

Appears in 5 contracts

Samples: Flow Servicing Agreement (GSR Mortgage Loan Trust 2006-2f), Flow Servicing Agreement (GSR Mortgage Loan Trust 2006-1f), Flow Servicing Agreement (GSR 2006-4f)

AutoNDA by SimpleDocs

On-Line Access. The Servicer shall permit provide to the Owner as owner of the servicing rights, internet access (via a secure portfolio management website) to certain computer screens in the Servicer’s loan administration computer system which contain or view Mortgage Loan information. The In addition the Servicer shall update such Mortgage Loan information on a “real time” basis. The Servicer shall provide to the Owner internet access (via secure report and data transmission website) to the Servicer’s loan administration computer system to transmit and receive Mortgage Loan information relating to new loan boardings, service releases and to download portfolio management reports. With respect to access to Servicer’s portfolio management website, the Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized users. In accessing the Servicer’s computerized loan administration systemwebsites, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-log off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner Owner, to use the assigned log-log in identification or improperly access the Servicer’s computer system; (iv) keep the assigned log-log in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s loan administration computer system; (viiivii) designate in writing an administrator (an “Owner Administrator”) who shall review maintain on an annual a quarterly basis the a current list of employees or agents of the Owner who have been authorized to access the Servicer’s loan administration computer system and assigned log-log in identifications and passwords pursuant to this Section 4.09 (each an “Authorized User”); (ixviii) require the Owner Administrator in conducting its conduct a quarterly review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s loan administration computer system; (xix) require the Owner Administrator to immediately remove from the list of Authorized Usersauthorized users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s loan administration computer system, ; and (xix) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Servicing Agreement, beginning on the first such anniversary following the execution of this Servicing Agreement, a notice an officer’s certification stating that the Owner Administrator has conducted fully complied and satisfied the review of the list of Authorized Users required by clause obligations as set forth above in clauses (viiii) above, and has updated the list of Authorized Users as required by clause through (ix) above). The Access to the Servicer’s administration system shall be available 24 hours a day and seven days a week. Notwithstanding the foregoing, the Servicer shall have no liability to the Owner in the event that access to the Servicer’s loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The Owner acknowledges that Mortgage Loan information may only be accessible for viewing during such time the Mortgage Loan is being serviced under this Servicing Agreement. The Servicer shall ensure any periods of unavailability purge all reports and files from websites that are limited as much as possible aged more than sixty (60) days and the Servicer shall not be responsible to store, maintain, or archive such reports and files unless otherwise agreed upon in frequency and amount of timewriting by both parties.

Appears in 3 contracts

Samples: Flow Servicing Agreement (PennyMac Mortgage Investment Trust), Flow Servicing Agreement (PennyMac Mortgage Investment Trust), Flow Servicing Agreement (PennyMac Mortgage Investment Trust)

On-Line Access. The Servicer shall permit the Owner as owner of the servicing rightsServicing Rights, internet access to certain computer screens in the Servicer’s loan administration computer system which contain Mortgage Loan information. The Servicer shall update such Mortgage Loan information on a “real time” basis. The Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized users. In accessing the Servicer’s computerized loan administration system, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner to use the assigned log-in identification or improperly access the Servicer’s computer system; (iv) keep the assigned log-in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s loan administration computer system; (viii) designate in writing an administrator (an “Owner Administrator”) who shall review on an annual basis the list of employees or agents of the Owner who have been authorized to access the Servicer’s loan administration computer system and assigned log-in identifications and passwords (each an “Authorized User”); (ix) require the Owner Administrator in conducting its review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s loan administration computer system; (x) require the Owner Administrator to remove from the list of Authorized Users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s loan administration computer system, and (xi) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Agreement, beginning on the first such anniversary following the execution of this Agreement, a notice stating that the Owner Administrator has conducted the review of the list of Authorized Users required by clause (viii) above, and has updated the list of Authorized Users as required by clause (ix) above. The Servicer shall have no liability to the Owner in the event that access to the Servicer’s loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The Servicer shall ensure any periods of unavailability are limited as much as possible in frequency and amount of time.

Appears in 3 contracts

Samples: Flow Servicing Agreement (Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-Ab3), Flow Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Oa1), Flow Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2)

On-Line Access. The Servicer shall permit provide to the Owner as owner of the servicing rights, internet access (via a secure portfolio management website) to certain computer screens in the Servicer’s loan administration computer system which contain or view Mortgage Loan information. The In addition the Servicer shall update such Mortgage Loan information on a “real time” basis. The Servicer shall provide to the Owner internet access (via secure report and data transmission website) to the Servicer’s loan administration computer system to transmit and receive Mortgage Loan information relating to new loan boardings, service releases and to download portfolio management reports. With respect to access to Servicer’s portfolio management website, the Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized usersAuthorized Users. In accessing the Servicer’s computerized loan administration systemwebsites, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-log off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner Owner, to use the assigned log-log in identification or improperly access the Servicer’s computer system; (iv) keep the assigned log-log in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s loan administration computer system; (viiivii) designate in writing an administrator (an “Owner Administrator”) who shall review maintain on an annual a quarterly basis the a current list of employees or agents of the Owner who have been authorized to access the Servicer’s loan administration computer system and assigned log-log in identifications and passwords pursuant to this Section 4.09 (each an “Authorized User”); (ixviii) require the Owner Administrator in conducting its conduct a quarterly review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s loan administration computer system; (xix) require the Owner Administrator to immediately remove from the list of Authorized Users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s loan administration computer system, ; and (xix) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Servicing Agreement, beginning on the first such anniversary following the execution of this Servicing Agreement, a notice an officer’s certification stating that the Owner Administrator has conducted fully complied and satisfied the review of the list of Authorized Users required by clause obligations as set forth above in clauses (viiii) above, and has updated the list of Authorized Users as required by clause through (ix) above). The Access to the Servicer’s administration system shall be available 24 hours a day and seven days a week. Notwithstanding the foregoing, the Servicer shall have no liability to the Owner in the event that access to the Servicer’s loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The Owner acknowledges that Mortgage Loan information may only be accessible for viewing during such time the Mortgage Loan is being serviced under this Servicing Agreement. The Servicer shall ensure any periods of unavailability purge all reports and files from websites that are limited as much as possible aged more than sixty (60) days and the Servicer shall not be responsible to store, maintain, or archive such reports and files unless otherwise agreed upon in frequency and amount of timewriting by both parties.

Appears in 3 contracts

Samples: Flow Servicing Agreement (Pennymac Financial Services, Inc.), Flow Servicing Agreement (Pennymac Financial Services, Inc.), Flow Servicing Agreement (Pennymac Financial Services, Inc.)

On-Line Access. The Servicer shall permit provide to the Owner as owner of the servicing rights, internet access (via a secure portfolio management website) to certain computer screens in the Servicer’s loan administration computer system which contain or view Mortgage Loan information. The In addition the Servicer shall update such Mortgage Loan information on a “real time” basis. The Servicer shall provide to the Owner internet access (via secure report and data transmission website) to the Servicer’s loan administration computer system to transmit and receive Mortgage Loan information relating to new loan boardings, service releases and to download portfolio management reports. With respect to access to Servicer’s portfolio management website, the Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized users. In accessing the Servicer’s computerized loan administration systemwebsites, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-log off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner Owner, to use the assigned log-log in identification or improperly access the Servicer’s computer system; (iv) keep the assigned log-log in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s loan administration computer system; (viiivii) designate in writing an administrator (an “Owner Administrator”) who shall review maintain on an annual a quarterly basis the a current list of employees or agents of the Owner who have been authorized to access the Servicer’s loan administration computer system and assigned log-log in identifications and passwords pursuant to this Section 6.07 (each an “Authorized User”); (ixviii) require the Owner Administrator in conducting its conduct a quarterly review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s loan administration computer system; (xix) require the Owner Administrator to immediately remove from the list of Authorized Usersauthorized users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s loan administration computer system, ; and (xix) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Agreement, beginning on the first such anniversary following the execution of this Agreement, a notice an officer’s certification stating that the Owner Administrator has conducted fully complied and satisfied the review of the list of Authorized Users required by clause obligations as set forth above in clauses (viiii) above, and has updated the list of Authorized Users as required by clause through (ix) above). The Access to the Servicer’s administration system shall be available 24 hours a day and seven days a week. Notwithstanding the foregoing, the Servicer shall have no liability to the Owner in the event that access to the Servicer’s loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The Servicer shall ensure any periods of unavailability are limited as much as possible in frequency and amount of time.Owner acknowledges that Mortgage Loan information may only be accessible for viewing during such time the Mortgage Loan is being serviced under this

Appears in 2 contracts

Samples: Flow Servicing Agreement (PennyMac Mortgage Investment Trust), Flow Servicing Agreement (Pennymac Financial Services, Inc.)

AutoNDA by SimpleDocs

On-Line Access. The Servicer shall permit the Owner as owner of the servicing rights, internet access to certain computer screens in the Servicer’s 's loan administration computer system which contain Mortgage Loan information. The Servicer shall update such Mortgage Loan information on a "real time" basis. The Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized users. In accessing the Servicer’s 's computerized loan administration system, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner to use the assigned log-in identification or improperly access the Servicer’s 's computer system; (iv) keep the assigned log-in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s 's computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s 's loan administration computer system; (viii) designate in writing an administrator (an "Owner Administrator") who shall review on an annual basis the list of employees or agents of the Owner who have been authorized to access the Servicer’s 's loan administration computer system and assigned log-in identifications and passwords (each an "Authorized User"); (ix) require the Owner Administrator in conducting its review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s 's loan administration computer system; (x) require the Owner Administrator to remove from the list of Authorized Users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s 's loan administration computer system, and (xi) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Agreement, beginning on the first such anniversary following the execution of this Agreement, a notice stating that the Owner Administrator has conducted the review of the list of Authorized Users required by clause (viii) above, and has updated the list of Authorized Users as required by clause (ix) above. The Servicer shall have no liability to the Owner in the event that access to the Servicer’s 's loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The Servicer shall ensure any periods of unavailability are limited as much as possible in frequency and amount of time.

Appears in 2 contracts

Samples: Flow Servicing Agreement (GSAA Home Equity 2005-12), Flow Servicing Agreement (GSAA Home Equity Trust 2006-4)

On-Line Access. The Servicer shall permit the Owner as owner of the servicing rights, internet access to certain computer screens in the Servicer’s 's loan administration computer system which contain Mortgage Loan information. The Servicer shall update such Mortgage Loan information on a "real time" basis. The Servicer shall provide the Owner with access to the system, as well as the tools to create and administer log-in identifications and passwords for each of its authorized users. In accessing the Servicer’s 's computerized loan administration system, the Owner agrees that it will: (i) only log-in with the identification assigned by the Servicer; (ii) correctly and completely log-off the system immediately upon completion of each session of service; (iii) not allow any unauthorized employee or agent of the Owner to use the assigned log-in identification or improperly access the Servicer’s 's computer system; (iv) keep the assigned log-in identification and all other information enabling such access strictly confidential; (v) not access, or attempt to access any Servicer systems or data other than that which is specifically authorized; (vi) not intentionally spread viruses or other malicious computer codes to the Servicer’s 's computer systems; (vii) not copy or infringe upon any content contained on the Servicer’s 's loan administration computer system; (viii) designate in writing an administrator (an "Owner Administrator") who shall review on an annual basis the list of employees or agents of the Owner who have been authorized to access the Servicer’s 's loan administration computer system and assigned log-in identifications and passwords (each an "Authorized User"); (ix) require the Owner Administrator in conducting its review to ensure that each Authorized User is currently an employee or agent of the Owner and whose employment or function as agent of the Owner requires the Authorized User to have continued access to the Servicer’s 's loan administration computer system; (x) require the Owner Administrator to remove from the list of Authorized Users, and deny access to, any individual who is not currently an employee or agent of the Owner or whose employment or function as agent no longer requires such employee or agent of the Owner to remain an Authorized User and to have access to the Servicer’s 's loan administration computer system, and (xi) deliver to the Servicer on or before the end of the month following each anniversary of the date of execution of this Agreement, beginning on the first such anniversary following the execution of this Agreement, a notice stating that the Owner Administrator has conducted the review of the list of Authorized Users required by clause (viii) above, and has updated the list of Authorized Users as required by clause (ix) above. The Servicer shall have no liability to the Owner in the event that access to the Servicer’s 's loan administration system becomes limited or otherwise unavailable during periods of heavy use, upgrades, maintenance to address security concerns or otherwise. The otherwise provided that the Servicer shall ensure any periods of unavailability are limited as much as possible have delivered to the Owner the monthly reports described in frequency and amount of timeSection 3.02 no later than the Reporting Date.

Appears in 1 contract

Samples: Flow Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Sl2)

Time is Money Join Law Insider Premium to draft better contracts faster.