Origination Volume definition
Origination Volume means the dollar volume of Western Division loan originations.
Origination Volume means (a) 100% of the aggregate dollar value of Mortgage Loans originated in connection with the purchase of real property and (b) 50% of the aggregate dollar value of Mortgage Loans originated in connection with a refinancing, in each case, from July 1, 2016 through December 31, 2016.
Examples of Origination Volume in a sentence
For each fiscal quarter of the Company during the term of this Agreement, the Executive shall receive in cash an amount equal to one-quarter (0.25) of a basis point of Origination Volume of loan production of the Eastern Division (the "Volume Override Payment").