Closing Counsel definition
Closing Counsel. Legal counsel responsible for closing the origination or acquisition of any Loan on behalf of the Originator which is sold to the Borrower under the Sale Agreement and financed by the Borrower under this Agreement.
Closing Counsel means the attorney or law firm retained by Seller for the origination or closing of any Purchased Loan to be transferred hereunder.
Closing Counsel. With respect to any Transaction involving a Wet Mortgage Asset, the attorney or law firm retained by Seller for the origination or closing of such Wet Mortgage Asset.
Examples of Closing Counsel in a sentence
Seller shall have delivered (i) the Title Escrow Letter, if applicable, to the Custodian, with a copy to Buyer, and (ii) the Closing Counsel Letter to Buyer.
Seller shall cause the Closing Counsel to deliver the Purchased Loan Documents with respect to each Purchased Loan within three (3) Business Days following the Purchase Date to the Custodian and shall deliver the Complete Submission with respect to such Purchased Loan to Buyer.
More Definitions of Closing Counsel
Closing Counsel has the meaning assigned thereto in the Loan Agreement.