Owner Remote System definition

Owner Remote System means the remote access and use of the COMPASSSM Student Loan Management System provided to Owner by PHEAA under such terms and conditions as enumerated in this Agreement for the servicing of Student Loans by Owner.
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Examples of Owner Remote System in a sentence

  • This Agreement specifies the contractual terms and conditions under which PHEAA will provide to Owner access to the Owner Remote System, data processing services and related support services, systems development and software modifications, telecommunications software and transmission capability and instruction of Owner personnel as further described in Section 4 hereof.

  • During the term of this Agreement and thereafter, each party and its respective agents and employees will maintain the confidentiality of all data, materials and information disclosed and entrusted to it by the other party which relate to a Borrower, (including name and address information) to the business relationship of the parties or to the COMPASSSM System and Owner Remote System.

  • PHEAA shall maintain the Owner Remote System in compliance with the Act and all changes in federal laws and Regulations which may from time to time be enacted in compliance with effective dates set by Congress or the Department of Education and which affect the Federal Family Education Loan Program (herein referred to as “FFELP”).

  • PHEAA has final implementing decisions and responsibilities for compliance-related Owner Remote System changes.

  • Owner agrees to waive any and all liability and to indemnify and to hold PHEAA harmless in the event the Owner Remote System is unable to effectively service any of Owner’s Student Loans as a result of any missing or inaccurate information contained in Owner LPDs or User-Maintained Attributes.

  • Owner agrees that it shall not use the PHEAA Intellectual Property or Owner Remote System except in accordance with this Agreement.

  • Owner agrees to notify PHEAA of the terms and conditions of any new loan types, not currently serviced on the Owner Remote System, prior to originating, acquiring, and/or servicing said loans in order for PHEAA to reserve necessary capacity and evaluate potential Owner Remote System changes to accommodate new loan types.

  • All terminal capabilities as well as all programs, flow charts, operations manuals, instructional manuals, and other software and documentation provided by PHEAA under this Agreement (the “PHEAA Intellectual Property”) are the exclusive property of PHEAA and shall be provided to Owner only for operation of the Owner Remote System under this Agreement and Owner shall make every reasonable effort to protect the integrity and confidentiality of such.

  • PHEAA agrees to charge Owner, and Owner agrees to pay PHEAA, for the access to the Owner Remote System pursuant to this Agreement in accordance with Exhibit A, Fee Schedule, for the term of this Agreement.

  • Owner is responsible for providing and maintaining the information required by the Owner LPDs and User-Maintained Attributes and must approve all Owner LPDs and User-Maintained Attributes prior to implementation onto the Owner Remote System.

Related to Owner Remote System

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  • Remote access means that inspection can be made without the need to physically visit the courthouse where the court record is maintained.

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  • Remote Terminal or "RT" means a cabinet, vault or similar structure at an intermediate point between the End User Customer and CenturyLink's Central Office, where Loops are aggregated and hauled to the Central Office or Serving Wire Center using LCM. A Remote Terminal may contain active electronics such as digital loop carriers, fiber hubs, DSLAMs, etc.