MLCC Data definition
Examples of MLCC Data in a sentence
Purchaser shall, upon notice thereof by Seller, comply with all of Seller's commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.
All right, title and interest in all MLCC Data made by or on behalf of PHH, together with all intellectual property rights therein, shall be owned exclusively by MLCC.
PHH shall, upon notice thereof by MLCC, comply with all of MLCC’s commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.
With respect to any MLCC Data provided by MLCC to PHH hereunder, except to the extent expressly permitted hereunder, subject to this Section 29, or by prior written permission of MLCC, PHH shall not prepare any derivative work of the MLCC Data or any portion thereof, or sublicense, transfer, assign, rent, lease or otherwise convey the MLCC Data or any portion thereof, or any right with respect thereto, to any third party.
Subservicer shall, upon notice thereof by Servicer, comply with all of Servicer’s commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.
Purchaser shall, upon notice thereof by Seller, comply with all of Seller’s commercially reasonable policies and procedures regarding security and safeguarding of MLCC Data.
PHH hereby assigns to MLCC all right, title, and interest in such MLCC Data and the intellectual property rights therein.
PHH shall, at request of MLCC, perform any acts that MLCC may reasonably deem necessary or desirable to evidence or confirm MLCC’s ownership interest in such MLCC Data and the intellectual property rights therein, including but not limited to making further written assignments in a form determined by MLCC.