Examples of Settlement Date Payment in a sentence
Redemption Settlement Date: Payment of Repurchase Proceeds will normally be made by electronic transfer to the account of the redeeming Shareholder at the risk and expense of the Shareholder within three Business Days of the relevant Dealing Day and, in all cases, will be paid within ten (10) Business Days of the Dealing Deadline for the relevant Dealing Day, provided that all the required documentation has been furnished to and received by the Administrator.
The aggregate positive escrow and suspense balances for the Subsequent Assets shall be subtracted from the Aggregate Sales Price to determine the net amount due as the Settlement Date Payment.
The aggregate positive escrow and suspense balances for the Initial Assets shall be subtracted from the Aggregate Sales Price to determine the net amount due as the Settlement Date Payment.
For each Mortgage Loan, positive escrow account balances as of the calendar day prior to the Claim Date will be accounted for on the Settlement Statement and credited towards the Settlement Date Payment due from the Purchaser on the applicable Settlement Date.
On the Subsequent Settlement Date, the Settlement Date Payment shall be an amount equal to the amount set forth on the Settlement Statement for the Subsequent Assets.
The Settlement Date Payment is to be wired on the First Settlement Date prior to 2:00 p.m. ET to the account identified below: R & T Number 000000000 Bank FHLB ATL City/State Atlanta, GA To Credit FHA Single Family Account Account Number 00000000 Upon receipt of the Settlement Date Payment by HUD, HUD shall be deemed to have sold and conveyed to Purchaser, as of the applicable Claim Date for each Mortgage Loan, the Initial Assets identified as being purchased on Schedule I.
On the First Settlement Date, the Settlement Date Payment shall be an amount equal to the amount set forth on the Settlement Statement for the Initial Assets.
The Settlement Date Payment is to be wired on the Subsequent Settlement Date prior to 2:00 p.m. ET to the account identified below: R & T Number 000000000 Bank FHLB ATL City/State Atlanta, GA To Credit FHA Single Family Account Account Number 00000000 Upon receipt of the Settlement Date Payment by HUD, HUD shall be deemed to have sold and conveyed to Purchaser, as of the applicable Claim Date for each Mortgage Loan, the Subsequent Assets identified as being purchased on Supplement No. 2 to Schedule I.
Repurchase Settlement Date: Payment of Repurchase Proceeds will be made by electronic transfer to the account of the redeeming Shareholder at the risk and expense of the Shareholder normally within three Business Days of the relevant Dealing Day and, in all cases, will be paid within ten Business Days of the Dealing Deadline for the relevant Dealing Day, provided that all the required documentation has been furnished to and received by the Administrator.
Redemption Settlement Date: Payment of Repurchase Proceeds will be made by electronic transfer to the account of the redeeming Shareholder at the risk and expense of the Shareholder normally within three Business Days of the relevant Dealing Day and, in all cases, will be paid within ten Business Days of the Dealing Deadline for the relevant Dealing Day, provided that all the required documentation has been furnished to and received by the Administrator.