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 the same as that term is defined in § 55.1-1000.

Examples of Settlement Agent in a sentence

• The purchase price of the Property is equal to the auction bid price plus 10% Buyer’s Premium, which is as follows: (hereinafter referred to as the "Purchase Price"), which shall be paid to the Settlement Agent (designated below) at settlement ("Settlement") by certified or cashier's check, or wired funds, subject to the prorations described herein.

• In order to provide continued protection for the Issuer’s money outside of the CASS rules, the CREST Settlement Agent now holds the Issuer’s money under a bare trust arrangement (the “New Client Money Arrangements”) in accordance with the Registrar Agreement.

• If the rules and procedures of the Registrar and/or for so long as the Uncertificated Registered Securities are held in CREST the rules and procedures of CREST and the CREST Settlement Agent include any closed period in which no ETP Securityholder may require the transfer of an ETP Security to be registered in the Register, such closed periods shall apply to Uncertificated Registered Securities.

• All transfers of the ETP Securities shall be subject to and made in accordance with the Uncertificated Regulations and the rules, procedures and practices in effect of the Registrar, the CREST Settlement Agent and CREST.

• At any time following a Mandatory Tender Event and before the corresponding Mandatory Tender Date, the Fund may designate a Remarketing Settlement Agent to assist with the Remarketing in accordance with the terms of the Remarketing Settlement Agent Agreement.

More Definitions of Settlement Agent

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.

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 an agent or custodian appointed by either the Clearing House or a Member to settle its security activity at an ASP.