Deficiency

Deficiency. Means a failure of a document to correspond to the information on the Schedule of Receivables or the absence of a required document from a Custodian's Receivable File pursuant to Section 2.

Deficiency. Means, (a) with respect to any Individual Receivable File, (i) the failure of one or more Specified Documents contained therein to be fully executed or to correspond substantively to the information on the related Receivables Schedule (it being agreed that a difference of $1.00 or less between any dollar amount contained in any Specified Document and the corresponding dollar amount contained in the related Receivables Schedule shall not constitute a Deficiency), (ii) one or more Specified... Documents contained therein are mutilated, damaged, torn or otherwise physically altered (except to the extent such physical alteration is inconsequential) or (iii) the absence from a Specified Document File of any Specified Document required to be contained in such Specified Document File or (iv) any discrepancies under Section 4(b) hereof, or (b) with respect to any Master Receivables File, (i) the failure of one or more Specified Documents contained therein to be fully executed or (ii) the absence from a Specified Document File of any Specified Document required to be contained in such Specified Document File or (iii) any discrepancies under Section 4(b) hereof. View More

Deficiency. Means, with respect to any Receivable File, (i) the failure of one or more Specified Documents contained therein to appear, on its face, to be fully executed or to correspond to the information on the related Receivables Schedule except item (iv) of such Receivables Schedule, (ii) one or more Specified Documents contained therein are mutilated, damaged, torn or otherwise physically altered (provided, that handwritten additions, changes or corrections shall not constitute physical alteration if... initialed by Borrower or BRT and the applicable Obligor) or (iii) the absence from a Receivable File of any Specified Document required to be contained in such Receivable File. View More