Examples of Receiver in a sentence
Recipient further agrees that Recipient and Recipient's Representatives will not use any of the Confidential Information for any reason or purpose other than to evaluate a potential purchase of assets from the Receiver.
For all Loan Proceeds with respect to any Group of Loans received by the Receiver during the Interim Servicing Period for which the Servicing Transfer Date has not occurred, the Receiver shall transfer any such Loan Proceeds, net of any Servicing Expenses and Pre-Approved Charges then due and payable, no later than two (2) Business Days prior to the applicable Distribution Date to the Paying Agent for deposit into the Collection Account.
Such schedule is based upon the best information available to the Receiver and may be adjusted as provided in Article VIII.
The Receiver shall handle Confidential Information with the same care that the Receiver uses to protect its own information of comparable sensitivity, but not less than reasonable care.
The Receiver may retain appropriately secured Confidential Information if its retention is necessary: for technical and archival reasons (e.g. backups and e-mail archives), to secure the interests of the Parties (performance of legal and regulatory obligations, audit, court proceedings, pursuing claims from the other Party).