Electronic Obligor Note definition

Electronic Obligor Note has the meaning set forth in the Custody Agreement.
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Electronic Obligor Note means an Obligor Note which was created electronically using the DocuSign System and stored using the eOriginal System in a manner in which: (1) a single Authoritative Copy of the Obligor Note exists which is unique, identifiable and, except as otherwise provided in subparagraphs (4), (5) and (6) below, unalterable; (2) the Authoritative Copy is maintained in clean format and is held in a vault partition managed by the Custodian that identifies Buyer as the secured party of the Obligor Note; (3) the Authoritative Copy is communicated to and maintained by the Custodian, as the designated custodian of the Indenture Trustee; (4) copies or revisions that add or change an identified assignee of the Authoritative Copy can be made only with the participation of the Custodian, as the designated custodian of the Buyer; (5) each copy of the Authoritative Copy and any copy of a copy is readily identifiable as a copy that is not the Authoritative Copy; and (6) any revision of the Authoritative Copy is readily identifiable as an authorized or unauthorized revision.
Sample 1
Electronic Obligor Note means an Obligor Note which was created electronically using the DocuSign System and stored using the eOriginal System in a manner in which: (1) a single Authoritative Copy of the Obligor Note exists which is unique, identifiable and, except as otherwise provided in subparagraphs (4), (5) and (6) below, unalterable; (2) the Authoritative Copy is maintained in clean format and is held in a vault partition managed by the Custodian that identifies the Administrative Agent as the secured party of the Obligor Note; (3) the Authoritative Copy is communicated to and maintained by the Custodian, as the designated custodian of the Administrative Agent; (4) copies or revisions that add or change an identified assignee of the Authoritative Copy can be made only with the participation of the Custodian, as the designated Diamond – Exhibits and Annexes to Collateral and Servicing Agreement #39316389 custodian of the Administrative Agent; (5) each copy of the Authoritative Copy and any copy of a copy is readily identifiable as a copy that is not the Authoritative Copy; and (6) any revision of the Authoritative Copy is readily identifiable as an authorized or unauthorized revision.
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Examples of Electronic Obligor Note in a sentence

  • When such Electronic Obligor Note is transferred to WatchDox in accordance with the Electronic Contract Policy, all copies of such Electronic Obligor Note (other than copies that are marked as “COPY” in accordance with the Electronic Contract Policy) shall be deleted from all of the Originator’s servers and other information systems.

  • The employees have availed all the leaves benefits and there has been no credits of leave as on balance sheet date, consequently, no provision for the leave encashment has been made.

  • Such authoritative copy of the Electronic Obligor Note has been communicated to WatchDox in accordance with the Electronic Contract Policy and the Custodial Agreement in a manner to provide the Custodian with “control” (within the meaning of Section 9-105 of the applicable UCC) and the Indenture Trustee, on behalf of the Noteholders, with a first priority perfected security interest in such Electronic Obligor Note.

  • The standards set forth in the SOC Report (as defined in the WatchDox Agreement) for the hardware, software, security, policies and procedures utilized in its storage of the Electronic Obligor Note are consistent with or exceed the standards utilized by the Originator, its affiliates and prudent lenders of consumer loans in respect of electronic storage of customer agreements, electronic chattel paper, private customer information and other confidential corporate data.

  • As described in further detail in Sections II and V below: · Originator creates a unique authoritative copy by electronically embedding each Contract Original with a unique GUID (as defined in Section V.a.2.i below) which statistically makes that version unique as no other Electronic Obligor Note will have the same GUID.

  • Any amendment to an Electronic Obligor Note will be easily identified as authorized because such amendment will be subjected to the same Electronic Custodian File Procedures applied to the Electronic Obligor Note.

  • The Contract Original will be communicated to the Custodian immediately following the transfer of the related Electronic Obligor Note to the Issuer and upon the pledge of such Electronic Obligor Note to the Indenture Trustee by transferring the Contract Original to the related Issuer File Folder held on the Secure ECP Site (each term as defined in Section VII.a.3 below).

  • Such Electronic Obligor Note constitutes “electronic chattel paper” within the meaning of the applicable UCC and there is only one authoritative copy thereof (as such term is used in Section 9-105 of the applicable UCC).

  • The Electronic Obligor Note evidencing the Solar Loan, if applicable, was created, stored and transferred in accordance with the Electronic Contract Policy.

  • Any Contract Copy (as defined in Section V.a.1 below) of the Electronic Obligor Note will be readily identifiable as a copy, and not the Contract Original, because: [***] Confidential treatment has been requested for the bracketed portions.


More Definitions of Electronic Obligor Note

Electronic Obligor Note means an Obligor Note which was created electronically using the DocuSign System or SignPost system and stored using the eOriginal System in such a manner that: (1) there exists a single Authoritative Copy of the Obligor Note which is unique, identifiable and, except as otherwise provided in subparagraphs (4), (5) and (6) below, unalterable; (2) the Authoritative Copy identifies the Administrative Agent as the secured party of the Obligor Note and is held in the Warehouse Vault Partition; (3) the Authoritative Copy is communicated to and maintained by the Custodian, as the designated custodian of the Administrative Agent; (4) copies or revisions that add or change an identified assignee of the Authoritative Copy can be made only with the participation of the Custodian, as the designated custodian of the Administrative Agent; (5) each copy of the Authoritative Copy and any copy of a copy is readily identifiable as a copy that is not the Authoritative Copy; and (6) any revision of the Authoritative Copy is readily identifiable as an authorized or unauthorized revision.
Sample 1
Electronic Obligor Note has the meaning set forth in the Electronic Contract Policy.” ““WatchDox” means WatchDox, Inc.”
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Related to Electronic Obligor Note

  • electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 49;

  • Electronic Ledger means the electronic master record of the retail installment sale contracts or installment loans of the Servicer.

  • electronic cash ledger means the electronic cash ledger referred to in sub-section (1) of section 49;

  • Electronic Payment means a wire transfer or an ACH credit transfer.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • Electronic Chattel Paper means chattel paper evidenced by a record or records consisting of information stored in an electronic medium.

  • Electronic Waste means a: computer; computer monitor; computer peripheral device containing a cathode ray tube; printer; or television sold to a covered entity. “Electronic waste” does not include: any motor vehicle or any part thereof; a camera or video camera; a portable or stationary radio; a wireless telephone; a household appliance, such as a clothes washer, clothes dryer, water heater, refrigerator, freezer, microwave oven, oven, range, or dishwasher; equipment that is functionally or physically part of a larger piece of equipment intended for use in an industrial, research and development, or commercial setting; security or antiterrorism equipment; monitoring and control instruments or systems; thermostats; handheld transceivers; a telephone of any type; a portable digital assistant or similar device; a calculator; a global positioning system receiver or similar navigation device; commercial medical equipment that contains a cathode ray tube, a cathode ray tube device, a flat panel display, or similar video display that is not separate from the larger piece of equipment; or other medical devices, as the term “device” is defined under 21 U.S.C. § 321(h) of the Federal Food, Drug, and Cosmetic Act, as that section is amended from time to time.

  • Electronic Facility means without limitation, website addresses and conference call systems, and any device, system, procedure, method or other facility whatsoever providing an electronic means of venue for a general meeting of the Company.

  • Electronic PHI means PHI created, received, maintained or transmitted electronically in accordance with 45 CFR § 160.103.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Electronic Bonding is a real-time and secure electronic exchange of data between information systems in separate companies. Electronic Bonding allows electronic access to services which have traditionally been handled through manual means. The heart of Electronic Bonding is strict adherence to both International and National standards. These standards define the communication and data protocols allowing all organizations in the world to exchange information.

  • Phone/Electronic Transaction Security Procedures means security procedures for Phone/ Electronic Transactions as provided in writing to the Underwriter.

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Electronic Ticket means the Itinerary/Receipt issued by us or on our behalf, the Electronic Coupons and, if applicable, a boarding document.

  • Electronic Version/Copy means a digital form consisting of text, images or both readable on computers or other electronic devices that includes all content that the Original and Hard Copy proposals contain. The digital form may be submitted using a compact disc (cd) or USB flash drive. The electronic version/copy can NOT be emailed.

  • CREFC® Loan Setup File The data file in the “CREFC® Loan Setup File” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Electronic File means any text, illustration or other matter supplied or produced by either Party in digitised form on disc, through a modem, or by ISDN or any other communication link.

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.

  • Electronic Coupon means an electronic flight coupon or other value document held in our database.

  • Revolver Note means any one of such Revolver Notes.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • advanced electronic signature means an electronic signature which meets the following requirements:

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.