Settlement agent. You will notify us of all relevant details required by us of your settlement agent in respect of Transactions which may be subject to securities delivery obligations. You will procure that your settlement agent enters into such other documentation as may be necessary to ensure that the clearing and settlement of such Transactions takes effect without liability to us.
Settlement agent. The Client will notify the Firm of all relevant details which the Client's settlement agent requires to be provided by the Firm in respect of Transactions which may be subject to delivery obligations. The Client will procure that its settlement agent enters into any documentation as may be necessary to ensure that the settlement of Transactions takes effect without liability to the Firm.
Settlement agent. Prior to the Closing Date, Growth Partners, CEOC and the Sellers shall enter into a settlement and escrow agreement (the “Settlement Agreement”) with a bank, trust company or other financial institution as may be designated by CEC and reasonably acceptable to Growth Partners (the “Settlement Agent”), which shall appoint the Settlement Agent as the agent to receive and/or hold, in separate accounts, (i) the Purchase Price, for the benefit of the Sellers and to be paid to CEOC at the Closing by direction of the Sellers and (ii) the Holdback Amount, if any, in accordance with the terms of this Agreement and the Settlement Agreement.
Settlement agent a. The Customer hereby appoints TCS and authorizes TCS to act as the Settlement Agent for the Customer in the SCD Service, and TCS hereby acknowledges, confirms and agrees to such appointment and authorization by the Customer.
b. TCS agrees to perform all services that may be necessary or required for TCS to act and/or function as, and to represent the Customer as, the Settlement Agent for the Customer in the SCD Service, all in accordance with and pursuant and subject to: The terms and conditions of this Agreement; and The Interac Association Regulations.
c. TCS shall collect, for and on behalf of the Customer, all fees, charges and/or other monies payable to the Customer for transactions emanating from ABMs operated by TCS on behalf of the Customer, and/or its Affiliates, and/or the Cash Supplier. TCS shall deposit the same, less its Charges, to the Customer Account by no later than one Business Day following such time as such fees, charges and/or other monies are transferred to TCS by the Bank of Montreal using the means agreed to from time to time by Bank of Montreal and TCS at their sole discretion.
d. The Customer acknowledges, confirms and agrees that Schedule "B" annexed hereto sets forth the fees payable to TCS by the Customer for transactions captured by TCS at ABMs operated by TCS on behalf of the Customer.
Settlement agent. The Settlement Agent closing the applicable Mortgage Loan (a) is not affirmatively disapproved in writing or otherwise ineligible to provide settlement services for Sellers by any of Sellers’ other warehouse lenders or any Agency, in each case, in place on the Effective Date or in place on any date thereafter; (b) is not currently facing a claim in one instance or in the aggregate for fraud or misappropriation of funds by a single agent of the Settlement Agent (a “Sole Agent”) in excess of [***] unless such Sole Agent has been terminated from acting as an agent for the Settlement Agent; (c) since September 16, 2011, has not faced a claim where it was held liable in one instance or in the aggregate for fraud or misappropriation of funds in excess of [***]; (d) is not currently facing a claim in one instance or in the aggregate for fraud or misappropriation of funds in excess of [***]; (e) is not the subject of an Insolvency Event, provided that an involuntary petition filed against such Settlement Agent in any bankruptcy court shall not constitute an “Insolvency Event” for purposes of this provision unless (i) such involuntary petition has not been dismissed within sixty (60) days after its filing, or (ii) such involuntary filing causes a disapproval as described in clause (a) above, and (f) is not suffering a material adverse effect upon its Property, business, operations or financial condition and such material adverse effect has not been cured within ten (10) days after notice of such event to Sellers.
Settlement agent. (i) The Customer hereby appoints TCS and authorizes TCS to act as the Settlement Agent for the Customer in the IDP Service, and TCS hereby acknowledges, confirms and agrees to such appointment and authorization by the Customer.
(ii) TCS agrees to [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] for CONNECTION SERVICES AGREEMENT No: SBCIDP01 ================================================================================ TCS to act and/or function as, and to represent the Customer as, the Settlement Agent for the Customer in the IDP Service, all in accordance with and pursuant and subject to:
(a) The terms and conditions of this Agreement; and
(b) The Interac Association Regulations.
(iii) TCS shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION], for and on behalf of the Customer, [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] to the Customer [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] operated by TCS on behalf of the Customer, and/or its Affiliates. TCS, [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] from the Terminal Operator, as defined from time to time by TCS. In any Business Day TCS will [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] that have been included in the Customer's [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] processed by TCS's Switch. Such [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] will be sent to the Switch by the Terminal Operator using a process applicable to the Terminal and as defined from time to time by TCS. On any given Business Day, TCS will [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]. TCS shall [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION], to the Customer [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] by no later than [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] following such time as such [CONFIDENTIAL PORTION DELETED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION] are transferred to TCS by the [CONFIDENTIAL PORTION DELET...
Settlement agent. No termination of this Agreement shall relieve either party of its obligation to the Settlement Agent for payment of its fees and costs in accordance with this Agreement, or any liability it may have for its prior default under this Agreement. Upon termination of this Agreement, Buyer shall quit claim to Seller any interest Buyer may have in the Property as a result of this Agreement.
Settlement agent. An entity providing settlement accounts to institutions and central counterparties and executing their [transfer orders]2) and, as the case may be, extending credit to them for this purpose.
Settlement agent. Confirm Receipt Monthly Checklist: Inspecting your home and completing monthly home maintenance will keep your schedule on track and easier to manage. Follow this home maintenance checklist each month to help save time and money. Seasonal Home Checkup:
Settlement agent. The parties agree that Allen & Gooch, A Law Corporation, shall act as settlement agent (the "Xxxxxemexx Xxent") for the purposes of receiving and disbursing the proceeds of the transaction. Purchaser agrees that as of the Closing it has deposited with the Settlement Agent the funds identified on the Disbursement Sheet attached as part of Schedule A hereto, and Seller and Parent Company do hereby direct the Settlement Agent to disbursement the proceeds from the referenced Asset Purchase Agreement as provided for in this Disbursement Statement. Seller and Parent Company acknowledge that Settlement Agent's sole responsibility with regard hereto shall be to receive the purchase price and disburse the same in accordance with this Disbursement Statement. * * *
