Escrow Business definition

Escrow Business means a commercial activity characterized by the regular and continuous carrying on of escrow transactions.
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Escrow Business means a commercial activity characterized by the regular and continuous carrying on of escrow transactions. (A.R.S. 6-801, as amended.)
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Escrow Business means the operation as a neutral party for the purpose of monitoring the performance of obligations by the parties to the contract as agreed in the escrow contract in the usual course of the business and for remuneration or charges;
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Examples of Escrow Business in a sentence

  • Escrow Business means a commercial activity characterized by the regular and continuous carrying on of escrow transactions.

  • Calculating the Cost of Doing the Escrow Business Under Section 31A-19a-209(3)(a)(ii).

  • Internal Auditors were selected for new SRLM districts for the year 2013-14.

  • No other terms or conditions shall be of any effect unless otherwise specifically agreed to by Company in a separate written agreement duly signed by an officer of the Company.

  • In August 2017, the IR conducted interviews with an Escrow Research Analyst and an Escrow Business Systems Consultant from Wells Fargo’s escrow operation team.

  • Purpose of the new rule or reason for the change(Why is the agency submitting this filing?):This rule is being repealed because it conflicts with proposed Rule R592-18, Cost of Doing the Escrow Business.

  • It was determined that since this was not an insurance product the Title Commission had no authority to investigate.o Discussion Re: 31A-19a-209(3) and R592-15-7: Requirement that Rates & Charges Cannot be Less than the Cost of Doing Insurance or Escrow Business / BrettBrett said members of the industry had come to him with concerns that title agencies were in violation of this requirement. Tracy reported that title agencies file their title rates with the department.

  • If the conversion of a Performance Right under paragraphs (4), (5), (7) or (17) would result in any person being in contravention of section 606(1) of the Corporations Act 2001 (Cth) (General Prohibition) then the conversion of that Performance Right shall be deferred until such later time or times that the conversion would not result in a contravention of the General Prohibition.

  • Third Party Escrow Business Continuity Upon the County’s request, Contractor shall with 14 business days provide the County with all information reasonably requested by the County to assess the overall financial strength and viability of Contractor and Contractor’s ability to fully perform its obligations under this Agreement.

  • In addition, to operate as escrow agents, the financial institution mustbe licensed by the Minister of Finance, based on the recommendation of the Escrow Business Operation Supervision Committee (“Escrow Committee”).


More Definitions of Escrow Business

Escrow Business means a commercial activity characterized by the
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Escrow Business means a commercial activity characterized by the regular and continuous carrying ongoing escrow transactions. (A.R.S.6- 801)
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Escrow Business means a commercial activity characterized by the regular and continuous carrying on of escrow transactions. (A.R.S. 6‐801, as Amended 1988)
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Escrow Business means a commercial activity characterized by the regular and continuous carrying
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Escrow Business means acting as an escrow agent in order to supervise payments
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Escrow Business means acting as an escrow agent in order to supervise payments made by a party under a principal agreement, as agreed in an escrow agreement under which the escrow agent receives remuneration or a fee;
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Related to Escrow Business

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Remaining Business means whichever of the Operating Systems Business and the Applications Businesses is not transferred to a separate entity pursuant to the Plan.

  • Micro Business means a company which either:

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Business has the meaning set forth in the Recitals.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Business Activities shall be deemed to include any activities which are included in the Company's Business now or during the effective period of this Agreement.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Separate Business means each of the activities of the Licensee connected

  • Parent Business shall have the meaning set forth in the Separation and Distribution Agreement.

  • New Business as used herein, shall mean any matter not known about or which could not have been reasonably foreseen prior to the time of posting. (25 O.S. 311a(9))

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • special business means all business transacted at a special meeting of shareholders and all business transacted at an annual meeting of shareholders, except consideration of the financial statements, auditor's report, election of directors and reappointment of the incumbent auditor;

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.