Common use of Tape to Tape conversion Clause in Contracts

Tape to Tape conversion. If it is determined that this type of conversion is advantageous to both parties the details will be mutually agreed to by the Prior Servicer and the Special Servicer. Preliminary tape should be provided by the 12th Business Day of each month for the related Servicing Transfer Date. Final data tape should be provided within three Business Days after the related Servicing Transfer Date. A trial balance must be provided for both preliminary and final.

Appears in 25 contracts

Samples: Special Servicing Agreement (Lehman Mortgae Trust 2005-3), Servicing Agreement (Lehman Mortgage Trust 2006-1), Servicing Agreement (Lehman Mortgage Trust 2005-1)

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