Examples of Closing Instruction Letter in a sentence
As of each Purchase Date in respect of a Closing Transaction, (i) with respect to the Settlement Agent Wire Instructions, the related Seller received such instructions on the letterhead of the Settlement Agent and such instructions are true and correct and (ii) the related Seller has inserted the Closing Instruction Letter Insert in each Closing Instruction Letter for all Wet-Ink Mortgage Loans and Dry Fundings structured as Closing Transactions.
The Closing Instruction Letter is in the Approved Form, except as set forth on EXHIBIT B.
The parties acknowledge and agree that the deliveries contemplated by the TIAA/SP Closing Obligations, the CPPIB Closing Obligations and Parkway’s Closing Obligations may be accomplished by any delivery method expressly set forth in the Escrow Closing Instruction Letter.
The Title Company is authorized, in the event any conflicting demand is made upon it concerning this Agreement, the Closing Instruction Letter or the Loan Documents, at its election, to hold any documents and/or funds deposited hereunder until an action shall be brought in a court of competent jurisdiction to determine the rights of the Seller and the Purchaser or to interplead such documents and/or funds in an action brought in any such court.
As of the Purchase Date with respect to each Wet Loan, the Settlement Agent has been provided a Closing Instruction Letter.
The Title Insurer has advised us that when it has signed the Closing Instruction Letter and disbursed funds from the escrow account in connection with the Loan[s], the Marked Commitment will constitute the title insurance policy, effective as of the date of such disbursement, with the original title policy containing all appropriate recording information.
In the event that the Purchaser purchases a Loan from the Seller after the Funding Date for such Loan, the Title Company hereby agrees to record or file, as applicable, the related Transfer Documents in accordance with the terms and conditions set forth in the related Closing Instruction Letter upon receipt of the same from the Bailee.