Wiring Instructions definition
Examples of Wiring Instructions in a sentence
The new Wiring Instructions will become operative with respect to the Purchase Price to be wired by Purchaser on the date that is two (2) Business Days after the date of the replacement Master Bailee Letter unless otherwise specified therein.
Warehouse Provider, Seller and Purchaser agree that any change to the Wiring Instructions must be sent to Purchaser in accordance with the notice provisions set forth in this Agreement and in the form of a replacement Master Bailee Letter, substantially in the form attached hereto as Attachment A, but containing the new Wiring Instructions, and executed by Warehouse Provider.
On the Purchase Date for each Transaction, ownership of the Purchased Mortgage Loans shall be transferred to Buyer or its designee against the simultaneous transfer of the Purchase Price pursuant to Sellers’ Wiring Instructions.
Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers hereunder shall be made in Dollars, in immediately available funds, without deduction, set off or counterclaim, to Buyer pursuant to the Wiring Instructions, on the date on which such payment shall become due.