Common use of Web Administrator Clause in Contracts

Web Administrator. Because access to Priority Wholesale Lending electronic loan origination system provides Broker with access to Confidential Information, Broker shall appoint a Web Administrator who will be the only individual authorized to manage web user access to this system. The Web Administrator is responsible for notifying Lender whenever an employee with access to this system has been terminated or no longer requires access within 24 hours. Broker may appoint more than one individual as a Web Administrator through the use of the identification form included as Exhibit B to this Agreement.