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

Examples of Settlement Agent in a sentence

  • The Merchant and Settlement Agent shall limit the provision of services to the whole of the world.

  • Except for liability arising under or out of breaches of clause 7, or under or out of the indemnities contained within clause 8, in no event will either the Settlement Agent or Merchant Warrior be liable to the other for special, incidental, indirect or consequential damages, damages from loss of profits, business opportunities, or failure to achieve cost savings, in contract, tort or otherwise, arising out of or in connection with this Agreement.


More Definitions of Settlement Agent

Settlement Agent means the same as that term is defined in § 55.1-1000.
Settlement Agent shall have the meaning assigned thereto in the Custodial Agreement.
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
Settlement Agent means the legal person appointed in the context of the System, by a Clearing Member, to pay and to receive, on behalf of the said Member, the Margins, payments to Default Funds, the contractually provided charges in Euros, and/or Margins in Financial Instruments and/or to provide for the final execution of contracts entered into on the Market.
Settlement Agent means the same as that term is defined in § 6.1-2.20.
Settlement Agent means a person retained by the lender who provides services that benefit the lender and borrower in a transaction and who receives and disburses money in connection with the transaction.
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.