Correspondents definition
Examples of Correspondents in a sentence
In the event that this Agreement is terminated for any reason, it shall be Correspondent's responsibility to arrange for the conversion of Correspondent and Customer Accounts to another clearing broker.
The term "employee" does not include freelancers nor does it include personnel retained by the Corporation who work outside of Canada, with the exception of Foreign Correspondents assigned under Article 35 (Foreign Correspondents).
From time to time during the Term of this Agreement, E-LOAN shall submit, for Correspondent's review and approval, an offer to sell one or more prospective Loans (each, an "Offer") under the terms of this Agreement.
The Company and the Service Provider acknowledge and agree that the Service Provider may provide third party services including, without limitation, underwriting, administrative and other mortgage-related services to Correspondents from time to time under bilateral or tri-party agreements by and between the Service Provider and the Correspondent or by and among the Service Provider, the Correspondent and the Company, respectively.
For the services provided by Company hereunder, the Trust or TOGSC shall pay to Company a fee with respect to each Fund, which fee shall be based upon a percentage per annum of the average daily value of the aggregate number of shares of the Fund held by Company for the accounts of customers of Company and Correspondents.