Division closing definition

Division closing means a settlement in which a division closer is appointed to finalize a real estate transaction in accordance with general and specific instructions prior to disbursement of the proceeds and for which a closing protection letter is issued.

Division closing means a settlement in which a division closer is appointed to finalize

Division closing means a settlement in which a division closer is appointed to finalize a real estate transaction in ac- cordance with general and specific instructions prior to dis- bursement of the loan proceeds and for which a closing protection letter is issued.

Examples of Division closing in a sentence

• In the event of a storm or other emergency that results in the Division closing a school(s) on the driver’s route for a day or portion thereof, the employee (including spares) shall be paid as though they had worked even though the employee did not drive on a scheduled work day.

• In the event of a storm or other emergency that results in the Division closing a school(s) on an employee’s route for a day or portion thereof, the employee (including spares) shall be paid as though they had worked, unless provided at least 24 hours notice of the cancellation.

• Due to the Syndicate’s existing reinsurance arrangement, in conjunction with the quota share arrangement with Special Purpose Arrangement (SPA) 6124, the UK Division closing reserves at 31 December 2017 were net nil (gross £199.7m) and therefore the RITC was for a nominal consideration of £1.

• These changes increased output with the Division closing more tax notices than it received.

• If the employee initiated the employee’s contract with the telephone landline service provider due solely to the Division closing the employee’s Division office, or the approval of the employee’s home office, and the telephone landline is being used solely for state business purposes only, the Division may reimburse the employee for 100% of the telephone landline cost.