Common use of Exchange of Portfolio Data Clause in Contracts

Exchange of Portfolio Data. If both parties are Portfolio Data Sending Entities: (i) on each Data Delivery Date, each party will provide Portfolio Data to the other party; (ii) on each PR Due Date, each party will perform a Data Reconciliation; and (iii) if a party identifies one or more discrepancies which such party determines, acting reasonably and in good faith, are material to the rights and obligations of the parties in respect of one or more Relevant Transaction(s), it will notify the other party in writing as soon as reasonably practicable and the parties will consult with each other in an attempt to resolve any such discrepancies in a timely fashion for so long as such discrepancies remain outstanding using, without limitation, any applicable updated reconciliation data produced during the period in which such discrepancy remains outstanding; or

Exchange of Portfolio Data. If both parties are Portfolio Data Sending Entities: (i) on each Data Delivery Date, each party will provide Portfolio Data to the other party; (ii) on each PR Due Date, each party will perform a Data Reconciliation; and (iii) if a party identifies one or more discrepancies which such party determines, acting reasonably and in good faith, are material to the rights and obligations of the parties in respect of one or more Relevant Transaction(s), it will notify the other party in writing as soon as reasonably practicable and the parties will consult with each other in an attempt to resolve any such discrepancies in a timely fashion for so long as such discrepancies remain outstanding outstanding, using, without limitation, any applicable updated reconciliation data produced during the period in which such discrepancy remains outstanding; or.

Exchange of Portfolio Data. If both parties are Portfolio Data Sending Entities: (i) i. on each Data Delivery Date, each party will provide Portfolio Data to the other party; (ii) . on each PR Due Date, each party will perform a Data Reconciliation; and (iii) . if a party identifies one or more discrepancies which such party determines, acting reasonably and in good faith, are material to the rights and obligations of the parties in respect of one or more Relevant Transaction(s), it will notify the other party in writing as soon as reasonably practicable and the parties will consult with each other in an attempt to resolve any such discrepancies in a timely fashion for so long as such discrepancies remain outstanding outstanding, using, without limitation, any applicable updated reconciliation data produced during the period in which such discrepancy remains outstanding; or.