Settlement Services definition

Settlement Services means the services of clearing and settlement (Net settlement) and/or settlement on a gross basis (Gross settlement) managed by a company authorized by Bank of Italy, in agreement with Consob, pursuant to article 69, paragraph 1, of the CLF or by a Foreign Entity indicated in the Instructions.
Settlement Services means any services offered and activities performed by an authorised user, a participant or a clearing member in terms of the relevant rules to facilitate settlement of transactions in securities;
Settlement Services means the provision of title, closing, escrow or search-related services for residential real estate transactions and all other mortgage-related transactions (including, without limitation, first mortgage loans, second mortgage loans, home equity lines of credit, other home equity loans and refinance transactions), including the issuance of title insurance policy (including title search procedures), property tax tracking service and closing escrow service; provided, however, that Settlement Services shall not include, by way of example, credit review services, appraisal review services or flood zone determinations for properties.

Examples of Settlement Services in a sentence

  • The Custodian shall have the right to reverse any provisional credit or debit given in connection with the Contractual Settlement Services at any time when the Custodian believes, in its reasonable judgment, that such transaction will not settle in accordance with its terms or amounts due pursuant thereto, will not be collectable or where the Custodian has not been provided Proper Instructions with respect thereto, as applicable.

  • The Custodian may terminate or suspend any part of the provision of the Contractual Settlement Services at its sole discretion immediately upon notice to the applicable Fund on behalf of each Portfolio, including, without limitation, in the event of force majeure events affecting settlement, any disorder in markets, or other changed external business circumstances affecting the markets or the Fund.

  • The Contractual Settlement Services shall be provided for such instruments and in such markets as the Custodian may advise from time to time.

  • The Custodian in good faith may terminate or suspend any part of the provision of the Contractual Settlement Services under this Contract upon reasonable notice under the circumstances to the Fund, including, without limitation, in the event of force majeure events affecting settlement, any disorder in markets, or other changed external business circumstances affecting the markets or the Fund.

  • In accordance with the Settlement System Code, FortisAlberta shall provide the Load Settlement Services.


More Definitions of Settlement Services

Settlement Services means a service provided in connection with a real estate settlement, including a title search, a title examination, the provision of a title certificate, services related to title insurance, services rendered by an attorney, preparing documents, a property survey, rendering a credit report or appraisal, a pest or fungus inspection, services rendered by
Settlement Services means a service provided in connection with a real estate settlement, including a title search, a title examination, the provision of a title certificate, services related
Settlement Services shall have the same meaning as that term is defined under RESPA.
Settlement Services means a service provided in connection with a real estate settlement, including a title search, a title examination, the provision of a title certificate, services related to title insurance, services rendered by an attorney, preparing documents, a property survey, rendering a credit report or appraisal, a pest or fungus inspection, services rendered by a real estate agent or broker, the origination of a federally related mortgage loan, and the processing of a federally related mortgage.
Settlement Services means any service provided in connection with a real estate settlement including, but not limited to, the following: title searches, title examinations, the provision of title certificates, title insurance, services rendered by an attorney, the preparation of documents, property surveys, the rendering of credit reports or appraisals, pest and fungus inspections, services rendered by a real estate agent or broker, the origination of a federally related mortgage loan including, but not limited to, the taking of loan applications, loan processing, and the underwriting and funding of loans, and the handling of the processing, and closing or settlement;
Settlement Services means the settlement services managed by Monte Titoli of financial instruments other than derivatives admitted to the Central Depository Service;
Settlement Services means the services provided by the Organisation in accordance with this Agreement; and Undepreciated in relation to the value of an Asset, means the value of the Asset which has not been depreciated.