Lender System definition

Lender System means, collectively, the Lender Software, the Lender Computer, and all operating or system software installed on the Lender Computer.
Sample 1Sample 2Sample 3

Examples of Lender System in a sentence

  • Lender shall exercise commercially reasonable efforts to ensure that any changes to the Lender System do not interrupt (i) the transfer of Data between the DealerTrack Computer and the Lender Computer, or (ii) the processing of Data by the Lender Software.

  • Lender acknowledges that Lender is solely responsible for the Lender System, and that DealerTrack shall have no responsibility for any problems caused in whole or in part by Lender's development, implementation or maintenance of, or failure to develop, implement or maintain, back-up, redundant or disaster recovery systems relating to the Lender System.

  • Lender acknowledges that the sole purpose for DealerTrack's disclosure of the Interface Requirements Document to Lender is to allow Lender to develop and maintain the Lender Interface Software Components and changes to the Lender System in connection with Lender's use of the Service under the terms of this Agreement.

  • It shall use commercially reasonable efforts to keep the Lender System free from intentionally injurious instructions (e.g. systems "viruses") that are designed to modify, damage, delete or disable the DealerTrack Site.

  • Lender shall be solely responsible for developing, implementing and maintaining any and all back-up procedures and systems, redundant systems and disaster recovery systems relating to the Lender System and the Lender's Interface Server.

  • In the event of such degradation or adverse impact, upon notification from DealerTrack, Lender shall exercise commercially reasonable efforts to terminate those processes causing such degradation or adverse impact and shall implement any necessary changes to the Lender System to prevent such degradation or adverse impact from reoccurring.

  • It shall use commercially reasonable efforts to keep the DealerTrack Site free from code that could trigger a modification, shut down or disablement of the Lender System.

  • Lender shall be responsible for maintaining the Lender System and shall exercise commercially reasonable efforts to ensure that the Lender System is operational so that the Lender System is capable of receiving Data from, and transmitting Data to, the DealerTrack Computer.

  • Proof may be defined as having a National Mortgage Lender System (NMLS) membership number, a National Credit Union Association (NCUA) membership number, a valid lender’s license from the Massachusetts Division of Banks or any other state/jurisdiction, or any other proof deemed acceptable by the RMV.

  • DealerTrack will have no obligation with respect to any actual or threatened infringement claim based in whole or in part upon (i) the Lender System or the Lender Interface Components, or (ii) Lender's (or any Lender Affiliate's) failure to use the Service and/or the DealerTrack Marks in accordance with this Agreement or the Documentation.

Related to Lender System

  • Sewer System means pipelines or conduits, pumping stations, force mains, vehicles, vessels, conveyances, injection wells, and all other constructions, devices, and appliances appurtenant thereto used for conducting sewage or industrial waste or other wastes to a point of ultimate disposal or disposal to any water of the state. To the extent that they are not subject to section 402 of the federal Water Pollution Control Act, ditches, pipes, and drains that serve only to collect, channel, direct, and convey nonpoint runoff from precipitation are not considered as sewer systems for the purposes of this part of this division.

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • New tank system means a tank system that will be used to contain an accumulation of regulated substances and for which installation has commenced after January 14, 1987. (See also “Existing Tank System.”)

  • Tank system means a hazardous waste storage or treatment tank and its associated ancillary equipment and containment system.

  • Water System means the plants, structures and other

  • Wastewater System means a system of wastewater collection, treatment,

  • Holding facility means a designated area for the retention of

  • Receiving facility means a structure that is designed to receive septage waste for treatment at a wastewater treatment plant or at a research, development, and demonstration project authorized under section 11511b to which the structure is directly connected, and that is available for that purpose as provided for in an ordinance of the local unit of government where the structure is located or in an operating plan. Receiving facility does not include either of the following:

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Installation means that the System or a Subsystem as specified in the Contract is ready for Commissioning as provided in GCC Clause 26 (Installation).

  • HVAC System is defined in Section 6.10(a)(v).

  • Sanitary Sewer System means all facilities, includ- ing approved LOSS, used in the collection, transmission, storage, treatment, or discharge of any waterborne waste, whether domestic in origin or a combination of domestic, commercial, or industrial wastewater. LOSS are only consid- ered sanitary sewer systems if they are designed to serve urban densities. Sanitary sewer system is also commonly known as public sewer system.

  • Stormwater system means constructed and natural features which function together as a system to collect, convey, channel, hold, inhibit, retain, detain, infiltrate, divert, treat, or filter stormwater. “Stormwater system” includes both public and privately owned features.

  • Monitoring System means a system established by BNY to fulfill the Responsibilities specified in clauses (d) and (e) of Section 1 of Article III of this Agreement.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Plumbing system means water supply distribution and disposal piping on the premises, including appliances and equipment attached thereto, between their connection points to a public or private system.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

  • Drainage system means one or more artificial ditches, tile drains or similar devices which collect surface runoff or groundwater and convey it to a point of discharge.

  • Communications Equipment means the communications equipment of the Licensee and its affiliates, including, without limitation, cabinets, racks, electronic equipment and other similar equipment.

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.