Financial Services Segment definition

Financial Services Segment means the business segment of the Company and its Subsidiaries engaged in mortgage banking (including mortgage origination, loan servicing, mortgage brokerage and title and escrow businesses), master servicing and related activities, including, without limitation, a Subsidiary which facilitates the financing of mortgage loans and mortgage-backed securities and the securitization of mortgage-backed bonds and other related activities, which segment currently consists principally of the activities of Ryland Mortgage Company and its Subsidiaries but excludes the Limited Purpose Subsidiaries.
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Financial Services Segment means the business of Parent and its Subsidiaries consisting of (a) the offer and sale of retail, wholesale and lease financing and/or other financial services products to finance the purchase or lease of products sold by Parent and its Restricted Subsidiaries or other manufacturers whose products are from time to time sold through the dealer network of Parent and its Restricted Subsidiaries, (b) the financing of wholesale and retail accounts receivable and (c) captive insurance business.
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Financial Services Segment the business segment of the Company and its Subsidiaries engaged in the mortgage banking (including the title and escrow businesses), mortgage servicing, securities issuance, bond administration and management services and related activities, which segment on the date of this Agreement consists principally of the activities of ▇▇▇▇▇▇ Mortgage Company and its Subsidiaries but excludes the Limited-Purpose Subsidiaries. "Financial Services Segment Combined Total Liabilities": at any time, all amounts which would, in accordance with GAAP, be included as liabilities on a combined balance sheet of the Financial Services Segment as at such date; provided, that reverse repurchase agreements secured by FHLMC Securities, FNMA Securities GNMA Securities and other mortgage-backed securities, whether such securities are issued in certificated form or book entry form, arising from the call of bonds issued by Affiliates of ▇▇▇▇▇▇ Mortgage Company may be excluded from those liabilities so long as (a) the underlying collateral value is at least 100.5% of the obligations of ▇▇▇▇▇▇ Mortgage Company and/or Associates Mortgage Funding Corporation under those agreements or (b) the underlying collateral is subject to a hedging agreement.
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More Definitions of Financial Services Segment

Financial Services Segment means the business NIC and its Subsidiaries consisting of (1) the offer and sale of retail, wholesale and lease financing and/or other financial services products to finance the purchase or lease of products sold by NIC and its Restricted Subsidiaries or other manufacturers whose products are from time to time sold through the dealer network of NIC and its Restricted Subsidiaries (2) the financing of wholesale and retail accounts receivable and (3) captive insurance business.
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Related to Financial Services Segment

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • 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.

  • financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;

  • financial service provider means a person engaged in the business of providing financial services in terms of authorisation issued or registration granted by a financial sector regulator;

  • Corporate Services Provider means Computershare Trust Company of Canada, a trust company formed under the laws of Canada, as corporate services provider to the Liquidation GP under the Corporate Services Agreement, together with any successor corporate services provider appointed from time to time;