Escrow Letter definition
Escrow Letter means, with respect to any Wet Loan that becomes subject to a Transaction before the end of the applicable rescission period, an escrow agreement or letter, which is fully assignable to Buyer, stating that in the event of a Rescission or if for any other reason the Loan fails to fund on a given day, the party conducting the closing is holding all funds which would have been disbursed on behalf of the Mortgagor as agent for and for the benefit of Buyer and such funds shall be returned to Seller not later than one Business Day after the date of Rescission or other failure of the Loan to fund on a given day.
Escrow Letter means the letter, in the agreed form, to be signed by the parties instructing and authorising the Escrow Agents to establish and operate the Escrow Account;
Examples of Escrow Letter in a sentence
Seller shall have delivered (i) the Title Escrow Letter, if applicable, to the Custodian, with a copy to Buyer, and (ii) the Closing Counsel Letter to Buyer.
More Definitions of Escrow Letter
Escrow Letter means the letter agreement dated August 8, 2017 among Conn Appliances, Inc., the Depositor, the 2016-A Issuer, the Issuer, the Administrative Agent and Xxxxx Fargo Bank, National Association, as indenture trustee.
Escrow Letter means the letter of the date hereof between the Vendor and the Purchaser relating to the Escrow Account;
Escrow Letter shall have the meaning set forth in Section 10.5.
Escrow Letter means, with respect to any Wet Loan that becomes subject to a Transaction, an escrow agreement or letter, which is fully assignable to Buyer, stating that in the event of a Rescission or if for any other reason the Loan fails to fund on a given day, the party conducting the closing is holding all funds which would have been disbursed on behalf of the Mortgagor as agent for and for the benefit of Buyer and such funds shall be returned to Seller not later than one Business Day after the date of Rescission or other failure of the Loan to fund on a given day.
Escrow Letter means a letter to be signed in Agreed Form by the Escrow Agent, the Vendor, Group and the Purchaser relating to the arrangements for Completion Escrow.
Escrow Letter means the letter in the Agreed Form to be signed by the parties, Bird & Bird and Halliwell Landau;
Escrow Letter means the Escrow Agreement dated as of the First Modification Date among the Borrower, the Lender and Uria & Xxxxxxxx.