Transferable Record definition

Transferable Record means an Electronic Record under E-Sign and UETA that (i) would be a note under the Uniform Commercial Code if the Electronic Record were in writing, (ii) the issuer of the Electronic Record has expressly agreed is a “transferable record”, and (iii) for purposes of E-Sign, relates to a loan secured by real property.

Transferable Record means an Electronic Record under E-SIGN and UETA that (i) would be a note under the Uniform Commercial Code if the Electronic Record were in writing, (ii) the issuer of the Electronic Record has expressly agreed is a “transferable record”, and (iii) for purposes of E-SIGN, relates to a loan secured by real property.

Transferable Record means an electronic record that:

Examples of Transferable Record in a sentence

• By signing this Electronic Note using my adopted Electronic Signature, I am: (1) promising to pay the amount owed, as evidenced by this Electronic Note, to the Note Holder, and (2) agreeing that this Electronic Note is a valid, enforceable and effective Transferable Record issued by me to the Note Holder under the transferable records provisions of UETA and E-SIGN.

• This form of an eNote is created by modifying the appropriate Fannie Mae/Freddie Mac Uniform Note that includes addition of a specific provision that addresses the electronic nature of the note including that it is a Transferable Record.

• By virtue of my agreements above, this Electronic Note is a Transferable Record.

• To protect the FHLBank and its Members/Shareholders, FHLBank management reserves the right to consider exceptions to some of the eNote document requirements on a case-by-case basis; however, the eNote Transferable Record clause must be present in the eNote in order to qualify as eligible collateral.

• To ensure that the eNote is a discrete Transferable Record, closing instructions or other procedures should be created to ensure that the Borrower signs only the eNote at closing and does not also sign a paper version of the promissory Note.

More Definitions of Transferable Record

Transferable Record has the meaning assigned to that term in Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or in Section 16 of the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction.

Transferable Record means an Electronic Record that: (a) would be a note under Article 3 of the Uniform Commercial Code if the Electronic Record were in writing and (b) I, as the issuer, have agreed is a Transferable Record.”

Transferable Record has the meaning assigned to the term “transferable record” in §00 xx XXXX, §000 of E-SIGN (codified at 15 U.S.C. § 7021), and other applicable eCommerce Laws.

Transferable Record means an electronic record that: (a) would be a note under Article 3 of the Uniform Commercial Code if the electronic record were in writing and (b) I, as the issuer, have agreed is a Transferable Record.” * Note: Insert “MERSCORP Holdings, Inc., a Delaware corporation” here as the name of the Operator of the Registry.

Transferable Record shall have the meaning assigned to such term in Section 3.2(c).

Transferable Record means an electronic record that either:

Transferable Record means the same as transferable record defined in the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §7021(a)(1), and as defined in the Uniform Electronic Transactions Act, section 554D.118, subsection 1.