Common use of Ownership Record Clause in Contracts

Ownership Record. An electronic record maintained by the System which documents the creation, transfer, Exportation, Payoff, Charge-off, and Termination of an eContract.

Ownership Record. An electronic record maintained by the System which documents the creation, transferTransfer, Exportation, Payoff, Charge-offTOLEC, and Termination Destruction of an eContract.