Closing Agent Fee definition
Closing Agent Fee means the one-time fee payable to the Closing Agent in connection with its role as escrow and closing agent under the Settlement Agreement, as such fee is described and calculated in the Program Bond Fee Schedule.
Examples of Closing Agent Fee in a sentence
Closing Agent Fee: One time fee of $25,000 ($12,500 per GSE) to be paid by the GSEs on the second settlement date for the New Issue Bond Program (which is expected to be January 12, 2010).
Both ▇▇▇▇▇▇’s and ▇▇▇▇▇’s agree to split the cost of the Closing Agent Fee 50/50.