Closing Tape definition

Closing Tape means (i) a standard full master file tape produced by Purchaser or First Data Resources LLC, as applicable, relating to the CRS Accounts as of the Effective Time and that includes (to the extent applicable) (1) the Account or control number, (2) the Account balance, (3) the date of the last payment, (4) the amount of the last payment, (5) the status code, (6) the annual percentage rates applicable to each balance within the Account, (7) the current delinquency of the Gross Receivables, (8) all Borrowers on each Account, and (9) such other information about the Accounts and any activity related thereto that is in a typical credit card processor “masterfile tape,” (ii) a standard full file tape relating to the CRS Accounts as of the Effective Time and that contains, for each such CRS Account, where applicable, the respective number (and type) of points and rewards and (iii) a standard full file tape relating to the CRS Accounts as of the Effective Time and that contains, for each such CRS Account, where applicable, the entitlements for each Enhancement Service.

Closing Tape means a standard master file tape as of the Cut-Off Time, ------------ which tape shall include at least the following for each Account identified on such Closing Tape: Account number; Accountholder's name and address; origination date; interest rate; maximum credit limit; current balance.

Closing Tape shall have the meaning assigned to the term in Section 2.3.

Examples of Closing Tape in a sentence

• On The Closing Date, Seller ------------------------------ shall deliver to Buyer: (i) the Assignment and Assumption Agreement; (ii) a statement by facsimile of the Purchase Price as shown on the Closing Tape; and (iii) all such additional instruments, documents, or certificates as may be necessary for the consummation at such Closing of the transactions contemplated by this Agreement.

• On the Closing Date, Seller shall also forward to Buyer, via Servicer, the Closing Tape with respect to the Account Receivables being transferred on the Closing Date, together with a format of such tape, and a description of the fields on such tape.

• None of the Cardholder Agreements, periodic statement forms or Accounts includes a provision for annual fees and there are no obligations to Cardholders except as set forth in the Cardholder Agreements and those agreements made in the ordinary course of Seller’s business (which agreements taken as a whole would not have a materially adverse effect on the Assets to be Sold) and as noted in the Books and Records and/or Closing Tape.

• Within one hundred eighty (180) days after the ------------- Closing Date, or such other time as is mutually agreed by the parties, Buyer shall prepare and deliver to Seller a Final Closing Statement showing any changes to the Closing Tape or the Purchase Price as set forth in this Section 3.4.

• If Purchaser does not notify Seller and TFS within the Review Period of any issues relating to the Closing Balance Sheet or Closing Tape, they shall be deemed to be final and binding on the parties.

More Definitions of Closing Tape

Closing Tape means an electronic tape or tapes of the Accounts to be transferred as of each Cut-Off Time, which tape or tapes shall be delivered to Buyer on the Business Day immediately after the Initial Closing Date and on each subsequent calendar month-end through and including the Conversion Date, and shall include at least the following information for each Account identified on such Closing Tape: Account number; Account Debtor's name and address; origination date; billed interest; billed fees; credit limit; and aggregated outstanding Indebtedness.

Closing Tape means a computer readable tape, diskette or other mutually agreed electronic format containing the following loan level data with respect to the Mortgage Loans being Serviced by the Company as of a specific date: UPB Note Rate Loan Level Guaranty Fee Pass Through Rate Net Servicing Fee Loan Type Investor Type Remittance Type Amortization Type Original Term Remaining Term or Age Property State P&I and T&I Constants Origination Date ARM Index & Margin, if app. Property Type LTV Occupancy Type Pool #/Pool Type/ Pool Mo. Due Date Credit Scores (i.e. FICO), if available Mortgage Insurance Information Foreclosure flag Bankruptcy flag Litigation flag 203K Active flag

Closing Tape means an Account and Cardholder tape or tapes or files delivered to a PCI compliant FTP site including the following fields of information for all Eligible Accounts as such information exists on SOAI’s system as of up to five (5) Business Days prior to the Transfer Date: nxxx, xxxxxxx, xxxx, xxxxx, zip code, account number, total current balance.

Closing Tape means an Account and Cardholder master file tape or tapes including such information which exists on Seller’s system as of up to one (1) Business Day prior to the Transfer Date and including with respect to all Eligible Accounts: (i) Cardholder customer service notes; (ii) the Cardholder List; (iii) transactions since last cycle dates; (iv) current and historical (at least twelve (12) months) transaction and transaction detail; (v) library of layouts; (vi) balancing report; and (vii) cycle to date history file, in substantially the format as the sample Closing Tape provided to Purchaser on July 20, 2007; provided, that in preparing the Closing Tape, Seller shall only be required to include such information as is maintained by Seller and available pursuant to Seller’s ordinary course system capabilities.

Closing Tape means an Account and Cardholder master file tape or tapes including such information which exists on Seller’s system as of up to one (1) Business Day prior to the Transfer Date and including with respect to all Eligible Accounts: (i) Cardholder customer service notes; (ii) the Cardholder List; (iii) transactions since last cycle dates; (iv) current and historical (at least twelve (12) months) transaction and transaction detail; (v) library of layouts; (vi) balancing report; and (vii) cycle to date history file, in a mutually agreed format; provided, that in preparing the Closing Tape, Seller shall only be required to include such information as is maintained by Seller and/or its servicer and available pursuant to Seller and or its servicer’s ordinary course system capabilities.

Closing Tape means the Master Tape produced as at 11:59 p.m. EDT on the calendar day immediately prior to the First Closing Date.

Closing Tape means (i) a standard full master file tape produced by Purchaser or First Data Resources LLC, as applicable, relating to the CRS Accounts as of the Effective Time and that includes (to the extent applicable) (1) the Account or control number, (2) the Account balance, (3) the date of the last payment,