Settlement Agent definition

Settlement Agent means, with respect to any Transaction the subject of which is a Wet-Ink Mortgage Loan, the entity approved by Buyer, in its sole good-faith discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the related Wet-Ink Mortgage Loan is being originated. A Settlement Agent is deemed approved unless Buyer notifies Seller otherwise at any time electronically or in writing.

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Settlement Agent means a person licensed as a title insurance agent and registered with the Virginia

Settlement Agent means the same as that term is defined in § 55.1-1000.

Examples of Settlement Agent in a sentence

• The Purchasers, severally and not jointly, each agree to purchase the Senior Unsecured Notes from the Company on the Closing Date in accordance with the terms of, and subject to the conditions and provisions set forth in, this Agreement, the Senior Unsecured Notes and the Settlement Agent Agreement at a price equal to 100% of the principal amount thereof.

• This Agreement, the Settlement Agent Agreement, the Paying Agency Agreement, the Global Note and the Subordinated Notes (collectively, the “Transaction Documents”), each duly authorized and executed by the Company.

• All references to this Agreement, the Senior Unsecured Notes, the Paying Agent Agreement and the Settlement Agent Agreement shall be deemed to be to such documents as amended, modified or restated from time to time.

• All references to this Agreement, the Subordinated Notes, the Paying Agency Agreement or the Settlement Agent Agreement shall be deemed to be to such documents as amended, modified or restated from time to time.

• This Agreement, the Paying Agent Agreement, the Settlement Agent Agreement and the Global Note or such Purchaser’s Senior Unsecured Note, as applicable (collectively, the “Transaction Documents”), each duly authorized and executed by the Company.

More Definitions of Settlement Agent

Settlement Agent means, with respect to any Transaction, the entity approved by Buyer, in its sole discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the proceeds of the related Mortgage Loan are being disbursed.

Settlement Agent shall have the meaning assigned thereto in the Custodial Agreement.

Settlement Agent means a person carrying on business as settlement agent in a State or Territory of the Commonwealth, being, in a case where the law of that State or Territory provides for the registration or licensing of persons who carry on such a business, a person duly registered or licensed under the law.

Settlement Agent means a title company, escrow company or attorney that is (i) bonded by an Approved Title Insurance Company and (ii) insured against errors and omissions in an amount reasonably satisfactory to Buyer in its sole discretion, to which the proceeds of any Transaction related to a Wet Loan are to be wired prior to the occurrence of such Transaction in accordance with local law and practice in the jurisdiction where the related Wet Loan is being originated.

Settlement Agent means a person other than a party to the real estate transaction who provides any

Settlement Agent means the same as that term is defined in § 6.1-2.20.

Settlement Agent means Investors Bank & Trust Company, a Massachusetts banking corporation, or successor thereto appointed by the Trustee as the Trustee’s agent for settling Creations and Redemptions with Authorized Participants