Transfer of Imaged Mortgage File Documents Sample Clauses

Transfer of Imaged Mortgage File Documents. As outlined in the Transfer Instructions at the Seller’s expense, the Seller shall transfer fully indexed Imaged Mortgage File Documents in respect of each applicable Mortgage Loan to the Document Management Vendor (or Purchaser’s designee). The Imaged Mortgage File Documents shall meet the criteria set forth in the Transfer Instructions attached hereto. The Purchaser shall be responsible for all ongoing fees and costs charged by the Document Management Vendor. To the extent that Seller provides Imaged Mortgage File Documents to Purchaser via physical media drives (the “Drives”), Purchaser shall sanitize the Drives in accordance with NIST Special Publication 800-88 Rev. 1, commensurate with the sensitivity of the data contained on the Drives, after Purchaser has uploaded the data from the Drives and tested the Drives according to Purchaser’s own procedures and Purchaser shall then provide to Seller written confirmation (email being sufficient) that the sanitization of the Drives was effective and is complete.
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Transfer of Imaged Mortgage File Documents. At the Seller’s expense, the Seller shall transfer indexed Imaged Mortgage File Documents in respect of each applicable Mortgage Loan to the Document Management Vendor (or Purchaser’s designee) in such format as mutually agreed by the Seller and the Purchaser. With respect to each Mortgage Loan for which the Imaged Mortgage File Documents fail to meet the imaging requirements mutually agreed to by the Seller and the Purchaser in any material respect, the Seller shall pay to Purchaser the Imaging Fee.
Transfer of Imaged Mortgage File Documents. As outlined in the Transfer Instructions at the Seller’s expense, the Seller shall transfer fully indexed Imaged Mortgage File Documents in respect of each applicable Mortgage Loan to the Document Management Vendor (or Purchaser’s designee). The Imaged Mortgage File Documents shall meet the criteria set forth in the Transfer Instructions attached hereto. The Imaged Mortgage File Documents shall be provided in such order as directed by Xxxxxxxxx in advance in writing. The Purchaser shall be responsible for all ongoing fees and costs charged by the Document Management Vendor.
Transfer of Imaged Mortgage File Documents. On or before the applicable Servicing Transfer Date, at the Seller’s expense, the Seller shall transfer (by way of a medium to be agreed upon by the Parties) Imaged Mortgage File Documents in respect of each applicable Mortgage Loan to the Imaged Document Vendor (or Purchaser’s designee). The Imaged Mortgage File Documents shall meet the criteria set forth on Exhibit 5.01(c) attached hereto. The Purchaser shall be responsible for all fees and costs charged by the Imaged Document Vendor.
Transfer of Imaged Mortgage File Documents. No later than [***] days prior to the applicable Transfer Date, at the Seller’s expense, the Seller shall transfer (by way of a medium to be agreed upon by the Parties) the Imaged Mortgage File Documents in respect of each applicable Mortgage Loan to the Subservicer. The Seller shall deliver such Imaged Mortgage File Documents, and such Imaged Mortgage File Documents shall be individually indexed and organized as mutually agreed by the Parties and the subservicer.

Related to Transfer of Imaged Mortgage File Documents

  • Mortgage File With respect to each Mortgage Loan, the Seller is in possession of a complete Mortgage File except for the documents which have been delivered to the Purchaser or the Custodian or which have been submitted for recording and not yet returned.

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