Continuing Errors definition

Continuing Errors shall have the meaning specified in Section 8.2(c) of the Sale and Servicing Agreement.

Continuing Errors has the meaning specified in Section 9.3(e).

Continuing Errors. The meaning specified in Section 3.1(d).

Examples of Continuing Errors in a sentence

• If the successor Servicer becomes aware of Errors or Continuing Errors, it shall, with the prior consent of the Holders of Notes evidencing at least 51% of the Note Balance of the Controlling Class, use its best efforts to reconstruct and reconcile such data as is commercially reasonable to correct such Errors and Continuing Errors and to prevent future Continuing Errors.

• In the event that the Backup Servicer becomes aware of Errors or Continuing Errors, it shall, with the prior consent of the Controlling Party use its best efforts to reconstruct and reconcile such data as is commercially reasonable to correct such Errors and Continuing Errors and to prevent future Continuing Errors.

• In the event that the Backup Servicer has actual knowledge or received written notice of Errors or Continuing Errors, it shall, with the prior consent of the Controlling Party (acting at the written direction of the Majority Noteholders) use its best efforts to reconstruct and reconcile such data as is commercially reasonable to correct such Errors and Continuing Errors and to prevent future Continuing Errors.

• In the event the Backup Servicer becomes aware of Errors and/or Continuing Errors which, in the opinion of the Backup Servicer, impair its ability to perform its services hereunder, the Backup Servicer shall promptly notify the Servicer and the Indenture Trustee of such Errors and/or Continuing Errors.

• If after such discussion such Errors are not promptly corrected, with the prior consent of the Indenture Trustee, the Backup Servicer may undertake to reconstruct any data or records appropriate to correct such Errors and/or Continuing Errors and to prevent future Continuing Errors.

• If after such discussion such Errors are not promptly corrected, the Back-up Servicer may undertake to reconstruct any data or records appropriate to correct such Errors and/or Continuing Errors and to prevent future Continuing Errors.

• In the event the Back-up Servicer becomes aware of Errors and/or Continuing Errors that, in the opinion of the Back-up Servicer, impair its ability to perform its services hereunder, the Back-up Servicer shall promptly notify the Servicer and the Indenture Trustee of such Errors and/or Continuing Errors.

• If the Successor Servicer becomes aware of Errors or Continuing Errors, it will use commercially reasonable efforts to reconstruct and reconcile the Predecessor Servicer Work Product and to prevent future Continuing Errors.

• If the successor Servicer becomes aware of Errors or Continuing Errors, it shall, with the prior consent of the Holders of the Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class, use its best efforts to reconstruct and reconcile such data as is commercially reasonable to correct such Errors and Continuing Errors and to prevent future Continuing Errors.

• The psychosocial and spiritual aspects of providing and receiving occupational therapy are regarded as legitimate and ubiquitous aspects of therapeutic and educational processes.

More Definitions of Continuing Errors

Continuing Errors has the meaning given to such term in Section 8.02(c). “Contract” means, with respect to any Receivable, any non-revolving personal loan agreement executed by an Obligor under which an extension of credit by the related Originator was made in the ordinary course of business to such Obligor, which contract contains the terms and conditions applicable to such Receivable and any applicable truth in lending disclosure statements related thereto, and which the Borrower and, with respect to legal title to the contracts, the Borrower Loan Trustee have acquired from the Originators pursuant to the Purchase Agreement and have included as part of the Collateral hereunder. “Contractual Obligation” means, with respect to any Person, any provision of any securities issued by such Person or any indenture, mortgage, deed of trust, contract, undertaking, agreement, instrument or other document to which such Person is a party or by which it or any of its property is bound or is subject.