Common use of Document Imaging; Telecopy and PDF Signatures; Electronic Signatures Clause in Contracts

Document Imaging; Telecopy and PDF Signatures; Electronic Signatures. Without notice to or consent of the Authority, the Lender may create electronic images of any Program Documents and destroy paper originals of any such imaged documents. Such images have the same legal force and effect as the paper originals and are enforceable against the Authority and any other parties thereto. The Lender may convert any Program Document into a “transferrable record” as such term is defined under, and to the extent permitted by, UETA, with the image of such instrument in the Lender’s possession constituting an “authoritative copy” under

Appears in 2 contracts

Sources: Revolving Credit Agreement, Revolving Credit Agreement