Common use of FMC/FMDS/FMER/FMLOS USER ACCESS SECURITY REQUIREMENTS Clause in Contracts

FMC/FMDS/FMER/FMLOS USER ACCESS SECURITY REQUIREMENTS. The Servicer Relations group of Program Administrator will be responsible for notifying the Servicer to add and delete Program Administrator and FMER employees who need, or no longer need, access as appropriate. On a quarterly basis, Servicer will provide Program Administrator with a report of Program Administrator and FMER employees who have system access to Borrower information. Program Administrator shall be responsible for the accuracy of such reports and shall be liable for the inaccuracy thereof in accordance with Section 6 (Liability) of this Agreement.

Appears in 2 contracts

Sources: Private Student Loan Program Agreement (First Marblehead Corp), Private Student Loan Program Agreement (First Marblehead Corp)