Lender System definition

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

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

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

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).