Common use of Add Records Clause in Contracts

Add Records. “Add Records” means the addition of new Debts, by Electronic Transmission, to the Cross-Servicing Program or TOP, by the Creditor Agency with an instruction by the Creditor Agency directing the Bureau of the Fiscal Service (Fiscal Service) to take collection action on the Debt, in accordance with the specification in the Fiscal Service Technical Guidance. “Add Records” occurs when the Creditor Agency submits a Debt to Fiscal Service unless the Creditor Agency explicitly instructs Fiscal Service not to take collection action (in accordance with the specifications of the Fiscal Service Technical Guidance). As further specified in the Fiscal Service Technical Guidance, “Add Records” can be accomplished either through a batch or manual process.

Add Records. “Add Records” means the addition of each new DebtsDebt, by Electronic Transmission, to Fiscal Service (whether through CRS, the Cross-Servicing Program Program, or TOP), by the Creditor Agency with an instruction by the Creditor Agency directing the Bureau of the Fiscal Service (Fiscal Service) to take collection action on the Debt, in accordance with the specification in the Fiscal Service Technical GuidanceGuidance and Creditor Agency Profile Form. “Add Records” occurs when the Creditor Agency submits a Debt to Fiscal Service unless the Creditor Agency explicitly instructs Fiscal Service not to take collection action (in accordance with the specifications of the Fiscal Service Technical Guidance). As further specified in the Fiscal Service Technical Guidance, “Add Records” can be accomplished either through a batch or manual process.

Add Records. “Add Records” means the addition of each new DebtsDebt, by Electronic Transmission, to the Cross-Servicing Program or TOP, by the Creditor Agency with an instruction by the Creditor Agency directing the Bureau of the Fiscal Service (Fiscal Service) to take collection action on the Debt, in accordance with the specification in the Fiscal Service Technical Guidance. “Add Records” occurs when the Creditor Agency submits a Debt to Fiscal Service unless the Creditor Agency explicitly instructs Fiscal Service not to take collection action (in accordance with the specifications of the Fiscal Service Technical Guidance). As further specified in the Fiscal Service Technical Guidance, “Add Records” can be accomplished either through a batch or manual process.