Document Holdback definition

Document Holdback means the hold-back of a portion of the Purchase Price relating to the Document Holdback Items in the manner set forth in Section 2.3(c) of this Agreement.
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Document Holdback. The remainder of the Purchase Price described in Section 3.02(c) hereof less the Assignment Holdback.
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Document Holdback. The meaning specified in Section 3.01(a)(iii) hereof.
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Examples of Document Holdback in a sentence

  • Document Holdback: The meaning specified in Section 3.01(a)(iii) hereof.

  • Servicer shall remit, within 10 days of the execution of this Amendment, Six Million Dollars ($6,000,000.00) of the Document Holdback Funds that were withheld pursuant to Paragraph 3 3.2(d)(iii) of the First Sale Agreement.

  • To the extent that the aggregate Purchase Price set forth on the applicable Reconciliation Report exceeds the Purchase Price set forth in the applicable Settlement Schedule, the Purchaser shall pay such excess to the Seller by the end of the following Business Day (taking into account any proportionate increase of the Document Holdback Amount in respect of each related Document Holdback Mortgage Loan).

  • Except as set forth in Section 11.03(a), Purchaser shall not have any right to offset against the Document Holdback amounts due from such Seller to Purchaser pursuant to any other provision of this Agreement or under any Transaction Document or other agreement between the Parties, or otherwise due or alleged to be due from such Seller to Purchaser.

  • The final Cash Consideration shall be (a) $55,000,000, minus (b) the Deducted Liabilities, plus or minus, as applicable, (c) the Closing Working Capital Adjustment and (d) the amount of the Employee Document Holdback Amount ultimately payable pursuant to Section 2.10.

  • The remaining One Million Dollars ($1,000,000) of the Document Holdback will be released upon receipt by Purchaser of all Required Documentation, including recorded assignments and the final certification and/or recertification of all Mortgage Loans.

  • Following the applicable Transfer Date, the Purchaser shall cause the related Document Custodian to review the contents of the Mortgage Files and, promptly upon the completion of such review, shall identify to the Seller any Document Holdback Mortgage Loans relating to such Transfer Date.

  • At the Closing, the Purchaser shall deliver: (c) A wire transfer of immediately available funds to an account designated by Seller, for the Estimated Cash Consideration, less the Employee Document Holdback Amount.

  • The knowledge and product flow between organizations in open innovation does not necessarily have to occur in the unrestricted public domain, but can take place in hierarchical relationships (Feller et al.

  • On the MLPA Closing Date, Purchaser shall pay to Seller an amount equal to the MLPA Purchase Price (less applicable amounts subject to the ARM Holdback, Document Holdback and CF Holdback pursuant to paragraph 3(b) below) plus Accrued Interest (as described above).


More Definitions of Document Holdback

Document Holdback. The meaning specified in Section 3.01(a)(iii) hereof. Effective Date: The date as of which this Agreement is effective, as first set forth above. Estimated Purchase Price: As described in Section 3.01 and the Estimated Purchase Price Computation Worksheet (Exhibit A-1). Excepted Servicing Agreement: The Servicing Agreement identified as the "Excepted Servicing Agreement" on Exhibit J attached hereto. Xxxxxx Mae: Xxxxxx Xxx, formerly known as the Federal National Mortgage Association, or any successor thereto. Federal Funds Rate: For any date of determination, the federal funds rate as reported in the Federal Reserve H.15(519) Statistical Release as of the first Business Day of the month in which such date of determination falls, or if such Statistical Release is no longer published, the average of the “high” and the “low” interest rate for reserves traded among commercial banks for overnight use in amounts of one million dollars ($1,000,000.00) or more, as reported by The Wall Street Journal under “Federal Funds” rates as of the first Business Day of the month in which such date of determination falls. FHA: The Federal Housing Administration or any successor thereto. Governmental Entity: Any federal, state or local governmental authority, agency, commission or court or self-regulatory authority or commission, including the Regulator. HAMP: The Home Affordable Modification Program as administered by FNMA as agent for the U.S. Department of Treasury. Insurer:
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Document Holdback. An amount equal to five percent (5%) of the estimated aggregate Purchase Price applicable to the Servicing Rights for the Xxxxxx Xxx Mortgage Loans and Xxxxxxx Mac Mortgage Loans to be sold to Purchaser on any Sale Date (subject to revision for the final Purchase Price in accordance with Section 3.4(b)(iv)).
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Document Holdback. That amount to be held by Purchaser from the Purchase Price, or so much of such amount as is then remaining, in accordance with Section 3.2(d).
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Related to Document Holdback

  • Agreement holder means an entity that has executed an agree- ment with a district.

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Management Holder means Holders who are employed by, or serve as consultants to or directors of, the Company or any of its Subsidiaries.

  • Entitlement Holder shall have the meaning specified in Section 8-102 of the UCC.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Excluded Amount means, as of any date of determination, with respect to any Asset: (a) any amount that is attributable to the reimbursement of payment by the applicable Borrower of any tax, fee or other charge imposed by any Governmental Authority on such Asset, (b) any interest or fees (including origination, agency, structuring, management or other up-front fees) that are for the account of the applicable Person from whom the applicable Borrower purchased such Asset, (c) any reimbursement of insurance premiums relating to such Asset, (d) any escrows relating to taxes, insurance and other amounts in connection with such Asset which are held in an escrow account for the benefit of the applicable Borrower pursuant to escrow arrangements under the Investment Documents and (e) any amount deposited into the Asset Account in error.

  • Management Holders means the holders of units in Management Company.

  • Holdback Amount has the meaning set forth in Section 2.1(c).

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Account Holder The term “Account Holder” means the person listed or identified as the holder of a Financial Account. A person, other than a Financial Institution, holding a Financial Account for the benefit of another person as an agent, a custodian, a nominee, a signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the Account Holder. In these circumstances that other person is the Account Holder. For example in the case of a parent/child relationship where the parent is acting as a legal guardian, the child is regarded as the Account Holder. With respect to a jointly held account, each joint holder is treated as an Account Holder.

  • Escrow Cash is defined in Section 4.1(a).

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Indemnity Escrow Amount means $3,000,000.

  • Post Closing Letter is that certain Post Closing Letter dated as of the Effective Date by and between Collateral Agent and Borrower.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Contract Holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Escrow End Date has the meaning specified in the Escrow Agreement.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.