Company Registration
Service Order
(Broker Edition Services)
Service Order Effective Date:
IMPORTANT: THIS SERVICE ORDER B ("SERVICE ORDER") AND THE DOCUMENTS SPECIFIED IN THE PARAGRAPH BELOW (COLLECTIVELY, THE "AGREEMENT") IS A LEGALLY BINDING AGREEMENT BETWEEN CUSTOMER (AS IDENTIFIED ABOVE) AND LendingPad Corp. BEFORE USING ANY LendingPad SERVICES, AN AUTHORIZED REPRESENTATIVE OF CUSTOMER MUST CAREFULLY READ THE TERMS AND CONDITIONS OF THE AGREEMENT. BY CLICKING "ACCEPTED" AT THE BOTTOM OF THIS SERVICE ORDER AND USING THE SERVICES, CUSTOMER CONSENTS TO BE LEGALLY BOUND BY THE AGREEMENT. IF CUSTOMER DOES NOT AGREE TO THESE TERMS AND CONDITIONS, CLICK ON "NOT ACCEPTED" AT THE BOTTOM OF THIS SERVICE ORDER. PLEASE NOTE THAT CUSTOMER WILL NOT BE PERMITTED TO USE THE LendingPad SERVICES UNLESS IT AGREES TO THE TERMS AND CONDITIONS OF THE AGREEMENT. AS USED BELOW, THE TERMS "ACCEPTED" AND "ACCEPTANCE" REFER TO CUSTOMER'S FORMAL ACCEPTANCE OF THE TERMS OF THE AGREEMENT AS DESCRIBED IN THIS PARAGRAPH.
Customer agrees to subscribe for the services specified below ("Broker Edition Services" or "Services") on the terms set forth herein. The provision of Services is expressly governed by the terms of the following documents: (i) the Master Service Agreement ("Agreement"), available at https://lendingpad.com/terms-of-service, (ii) LendingPad Terms of Use, available at https://lendingpad.com/terms-of-use, and (iii) LendingPad Privacy Policy, available at https://lendingpad.com/privacy-policy (collectively, the "Documents"). All capitalized terms shall have the meanings ascribed to them herein, or if not so ascribed, as set forth in the Master Services Agreement.
1. Services.(a) As used herein, "Services" means the LendingPad Broker Edition Loan Origination System. Subject to the terms herein, LendingPad grants to Customer and Customer accepts from the LendingPad, a limited, non-exclusive, non-transferable right to access and use the Services solely for Customer's internal mortgage business operations. LendingPad will make available to Customer, if applicable during the term of this Agreement, any new, generally available releases of the Services at no additional charge.
(b) Customer agrees that the Services shall not be used by Customer, directly or indirectly, on behalf of or to benefit third parties that are not parties to this Agreement. Information obtained through the use of the Services is intended for Customer's sole use and may not be transferred, distributed or resold in whole or in part (except to investors in and transferees of loans as to which Services are provided). Nothing contained herein grants Customer the ability to resell the Services to third parties.
(a) Fees for the provision of Services hereunder ("Service Fees") are charged on a per User basis. Each person at any time using the Services on behalf of Customer shall be considered a User and shall have their own login credentials. Any under-representation of the number of Users by Customer shall be deemed a material breach of the Agreement, and in such event LendingPad shall have the right to terminate this Service Order immediately upon notice to Customer and to collect any unpaid fees attributable to underreported Users.
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(b) Increases. LendingPad may increase Service Fees hereunder upon sixty (60) days' prior notice to Customer.
(c) LendingPad shall invoice Customer for all fees for the provision of Services hereunder, as well as any associated costs and expenses, on a monthly basis. Customer shall pay to LendingPad all Service Fees and other charges due hereunder within thirty (30) days after the date of any invoice from LendingPad for such fees ("Due Date"). All invoices are payable upon receipt. Fees payable under this Agreement are not subject to reduction or set-off for any costs, expenses, or liabilities incurred by Customer. All invoices shall be paid in U.S. dollars on the Due Date automatically via LendingPad Automated Payment Portal ("APP"). Customer shall register with the APP and select payments to be made either (i) by charge to a valid credit card that Customer places on file with LendingPad through the APP, or (ii) via LendingPad ACH transfer process that Customer sets up through the APP.
Additional Service Fee terms are set forth in the Master Services Agreement.
3. Support. Customer support for the Services shall be provided as set forth in the Master Services Agreement and at https://lendingpad.com/terms-of-support.
4. Term. The term of this Service Order shall commence on the Service Order Effective Date and shall continue in effect on a month-to-month basis until one party provides written notice to the other party of its intent to terminate this Service Order, in which case this Service Order shall terminate at the end of the calendar month following the month in which such notice was received by the non-terminating party.
If Customer accepts all terms and conditions of the above Service Order, click on "Accepted" below and then click "Continue". If Customer does not accept these terms and conditions, just click "Continue" to close this window and exit the contract review and acceptance process. In the latter case, no contract will have been formed and Customer will not be permitted to use the Broker Edition Services.
Service Order
(Lender Edition Services)
Service Order Effective Date:
By executing this Service Order L ("Service Order"), Customer agrees to subscribe for the services specified below ("Lender Edition Services" or "Services") on the terms set forth herein. The provision of Services is expressly governed by the terms of the following documents: (i) the Master Service Agreement ("Agreement"), available at https://lendingpad.com/terms-of-service, (ii) LendingPad Terms of Use, available at https://lendingpad.com/terms-of-use, and (iii) LendingPad Privacy Policy, available at https://lendingpad.com/privacy-policy (collectively, the "Documents"). All capitalized terms shall have the meanings ascribed to them herein, or if not so ascribed, as set forth in the Master Services Agreement.
1. Services.(a) As used herein, "Services" means the LendingPad Lender Edition Loan Origination System. Subject to the terms herein, LendingPad grants to Customer and Customer accepts from the LendingPad, a limited, non-exclusive, non-transferable right to access and use the Services solely for Customer's internal mortgage business operations. Customer acknowledges that its right to use the Services will be web-based only pursuant to the terms of this Agreement and no software will be installed on any servers or other computer equipment owned or controlled by Customer or otherwise provided to Customer. LendingPad will make available to Customer, if applicable during the term of this Agreement, any new, generally available releases of the Services at no additional charge.
(b) Customer agrees that the Services shall not be used by Customer, directly or indirectly, on behalf of or to benefit third parties that are not parties to this Agreement. Information obtained through the use of the Services is intended for Customer's sole use and may not be transferred, distributed or resold in whole or in part (except to investors in and transferees of loans as to which Services are provided). Nothing contained herein grants Customer the ability to resell the Services to third parties.
(a) Service Fees are charged on a per User basis. Each person at any time using the Services on behalf of Customer shall be considered a User and shall have their own login credentials. Services per User are charged on a complete month basis only; no credit is given for partial month use by any User. Any under-representation of the number of Users by Customer shall be deemed a material breach of the Agreement, and in such event LendingPad shall have the right to terminate this Service Order immediately upon notice to Customer and to collect any unpaid fees attributable to underreported Users. The pricing set forth below is based on Customer having a minimum number of Users at all times, as indicated in the table below ("Minimum User Count"). In the event that in any month Customer has less than the Minimum User Count functioning as active Users, Customer will be charged based on the Minimum User Count and not the number of active Users for such month.
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(b) Increases. Not less than one hundred twenty (120) days prior to the end of the Initial Term or any Renewal Term (as defined in Section 4 below), LendingPad may provide written notice to Customer of the various applicable Service Fees for the next Renewal Term.
(c) LendingPad shall invoice Customer for all fees for the provision of Services hereunder (collectively, the "Service Fees"), as well as any associated costs and expenses, on a monthly basis. Customer shall pay to LendingPad all Service Fees and other charges due hereunder within thirty (30) days after the date of any invoice from LendingPad for such fees ("Due Date"). All invoices are payable upon receipt. Fees payable under this Agreement are not subject to reduction or set-off for any costs, expenses, or liabilities incurred by Customer. All invoices shall be paid in U.S. dollars on the Due Date automatically via LendingPad Automated Payment Portal ("APP"). Customer shall register with the APP and select payments to be made via LendingPad ACH transfer process that Customer sets up through the APP.
Additional Service Fee terms are set forth in the Master Services Agreement.
3. Implementation, Training and Support. LendingPad will set up Customer's LendingPad account, including configuring Customer's business information, creating Customer's administrator account, enabling the creation of user login credentials, and notifying Customer of account activation. Customer's administrator will then be able to configure certain specific system settings applicable to its use of the Services.
Customer training and support for the Services shall be provided as set forth in the Master Services Agreement and at https://lendingpad.com/terms-of-support.
4. Term. The initial term of this Service Order ("Initial Term") shall commence on the Service Order Effective Date and shall terminate at the end of the calendar month in which the one-year anniversary of the Service Order Effective Date occurs. Thereafter the term shall be automatically renewed for successive one-year periods (each a "Renewal Term") unless either party provides written notice to the other party of its intention not to renew this Service Order not less than ninety (90) days before the expiration of the then current term. In the event that either party elects not to renew this Agreement pursuant to this Section 4, this Service Order shall expire at the end of the Initial Term or the then current Renewal Term, as applicable.
If Customer accepts all terms and conditions of the above Service Order, click on "Accepted" below and then click "Continue". If Customer does not accept these terms and conditions, just click "Continue" to close this window and exit the contract review and acceptance process. In the latter case, no contract will have been formed and Customer will not be permitted to use the Broker Edition Services.
Service Order
(Processing Edition Services)
Service Order Effective Date:
Customer agrees to subscribe for the services specified below ("Processing Edition Services" or "Services") on the terms set forth herein. The provision of Services is expressly governed by the terms of the following documents: (i) the Master Service Agreement ("Agreement"), available at https://lendingpad.com/terms-of-service, (ii) LendingPad Terms of Use, available at https://lendingpad.com/terms-of-use, and (iii) LendingPad Privacy Policy, available at https://lendingpad.com/privacy-policy (collectively, the "Documents"). All capitalized terms shall have the meanings ascribed to them herein, or if not so ascribed, as set forth in the Master Services Agreement.
1. Services.(a) As used herein, "Services" means the LendingPad Broker Edition Loan Origination System. Subject to the terms herein, LendingPad grants to Customer and Customer accepts from the LendingPad, a limited, non-exclusive, non-transferable right to access and use the Services solely for Customer's internal mortgage business operations. LendingPad will make available to Customer, if applicable during the term of this Agreement, any new, generally available releases of the Services at no additional charge.
(b) Customer agrees that the Services shall not be used by Customer, directly or indirectly, on behalf of or to benefit third parties that are not parties to this Agreement. Information obtained through the use of the Services is intended for Customer's sole use and may not be transferred, distributed or resold in whole or in part (except to investors in and transferees of loans as to which Services are provided). Nothing contained herein grants Customer the ability to resell the Services to third parties.
(a) Fees for the provision of Services hereunder ("Service Fees") are charged on a per User basis. Each person at any time using the Services on behalf of Customer shall be considered a User and shall have their own login credentials. Any under-representation of the number of Users by Customer shall be deemed a material breach of the Agreement, and in such event LendingPad shall have the right to terminate this Service Order immediately upon notice to Customer and to collect any unpaid fees attributable to underreported Users
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(b) Increases. LendingPad may increase Service Fees hereunder upon sixty (60) days' prior notice to Customer.
(c) LendingPad shall invoice Customer for all fees for the provision of Services hereunder, as well as any associated costs and expenses, on a monthly basis. Customer shall pay to LendingPad all Service Fees and other charges due hereunder within thirty (30) days after the date of any invoice from LendingPad for such fees ("Due Date"). All invoices are payable upon receipt. Fees payable under this Agreement are not subject to reduction or set-off for any costs, expenses, or liabilities incurred by Customer. All invoices shall be paid in U.S. dollars on the Due Date automatically via LendingPad Automated Payment Portal ("APP"). Customer shall register with the APP and select payments to be made either (i) by charge to a valid credit card that Customer places on file with LendingPad through the APP, or (ii) via LendingPad ACH transfer process that Customer sets up through the APP.
Additional Service Fee terms are set forth in the Master Services Agreement.
3. Support. Customer support for the Services shall be provided as set forth in the Master Services Agreement and at https://lendingpad.com/terms-of-support.
4. Term. The term of this Service Order shall commence on the Service Order Effective Date and shall continue in effect on a month-to-month basis until one party provides written notice to the other party of its intent to terminate this Service Order, in which case this Service Order shall terminate at the end of the calendar month following the month in which such notice was received by the non-terminating party.
If Customer accepts all terms and conditions of the above Service Order, click on "Accepted" below and then click "Continue". If Customer does not accept these terms and conditions, just click "Continue" to close this window and exit the contract review and acceptance process. In the latter case, no contract will have been formed and Customer will not be permitted to use the Processing Edition Services.