First Party definition

First Party. Second Party: 1. 2.
First Party means [insert name of purchaser];
First Party means (a) the Insured or any officer, employee or agent of the Insured or (b) any of the following Persons: the correspondent lender, mortgage loan broker or other intermediary underwriting or originating the Loan on behalf of the Insured or originating lender, or escrow or closing agents or anyone under contract with the Insured or originating lender in connection with the origination of such Loan, such as an appraiser.

Examples of First Party in a sentence

  • First Party is into Migration and Education consultancy services to countries such Canada, Australia, Denmark, Hong Kong etc, offering integrated package of services to students/clients who wish to study/settle abroad for Education/migration.

  • Second Party is the student/immigrant who intend to apply for Express entry program and approached the party of the First Party for processing.

  • Second Party shall extend the necessary support to deliver Expert Talk and Guest Lectures to the students of the First Party on the technology trends and in house requirements.

  • A) First Party is a Higher Educational Institution (Private Organization)named: Princeton College of Pharmacy, Hyderabad, Telangana, India First Party & Second Party believe that collaboration and co-operation between themselves will promote more effective use of each of their resources, and provide each of them with enhancedopportunities.

  • It is expressly agreed that First Party and Second Party are acting under this MOU as independent entities, and the relationship established under this MOU shall not be construed as a partnership.


More Definitions of First Party

First Party has the meaning given to it in Clause 10.10;
First Party has the meaning set forth in Section 7.4(5).
First Party has the meaning given to it in Section 9.8;
First Party has the meaning set forth in Section 10.3(c).
First Party shall have the meaning set forth in Section 4.3.
First Party means, with respect to a Loan, the initial or any subsequent Insured, and any Person who originated or participated in the origination of the Loan, including correspondent lenders, mortgage loan brokers, underwriters and processors, escrow and closing agents, appraisers, and agents (including employees) of any Insured or of any such Persons. Notwithstanding the foregoing, the Borrower is not a First Party and after thirty- six (36) Payments are made on the Loan an appraiser not affiliated with any other First Party shall no longer be a First Party.
First Party has the meaning attributed to it in Section 16.3.