Wire Transfer Fee definition

Wire Transfer Fee. That fee, as set forth in the Transactions Terms Letter or otherwise indicated on Buyer’s then current schedule of fees, payable by Seller for each payment of the Purchase Price by wire transfer or for any payment (including the Repurchase Price) received by Buyer from Seller or its Approved Investor. January 25, 2008 Dear Ladies and Gentlemen: This letter is being sent in accordance with that Master Repurchase Agreement dated as of January 25, 2008 (the “Agreement”) between Home Loan Center, Inc. (“Seller”) and Countrywide Bank, FSB (“Buyer”), the terms of which do not affect Closing Agent except as set forth herein. Pursuant to the Agreement, you have been identified as either: · the title insurer to close and provide title insurance on certain mortgage loans made by Seller; or · the closing agent to close and fund certain mortgage loans made by Seller and covered by the above referenced closing protection letter (the “Mortgage Loans”). From time to time, Buyer will wire to you, for the account of Seller, funds requested by Seller under the terms of the Agreement to be used by you for the purpose of funding such Mortgage Loan(s) and for no other purpose. Notwithstanding anything to the contrary contained herein, you are not to distribute any of such funds to Seller. You must immediately return the funds representing to Buyer at the following account if one of the following conditions occurs: · You do not close any Mortgage Loan within forty-eight (48) hours of the time you receive the applicable funds; or · You receive funds for a Mortgage Loan for which you have not been instructed by Seller to (a) obtain title insurance from the title insurance company specified in the above referenced closing protection letter or (b) underwrite the title insurance. Bank: Bank of New York ABA No.: 021-000018 Account No.: 8900404337 Credit: Countrywide Bank, FSB – Payoff Account Reference: Home Loan Center, Inc. If the Mortgage Loan Documents (as described below) have not been delivered to Seller prior to the funding of the Transaction, within 48 (forty eight) hours of closing any Mortgage Loan, unless otherwise instructed by Buyer, you must deliver to Seller, the following Mortgage Loan Documents:
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Wire Transfer Fee. That fee, as set forth in the Commitment Letter, payable by Borrower for each disbursement by wire transfer made to Borrower or its Approved Payee or received by Lender from Borrower or its Investor or otherwise related to an Advance.
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Wire Transfer Fee. That fee, as set forth in the Transactions Terms Letter or otherwise indicated on Buyer’s then current schedule of fees, payable by Seller for each payment of the Purchase Price by wire transfer or for any payment (including the Repurchase Price) received by Buyer from Seller or its Approved Investor. July 17, 2015 ______________________ (“Closing Agent”) _______________________________ _______________________________ Dear _______________________________ Re: Irrevocable Closing Instructions Ladies and Gentlemen: This letter is being sent in accordance with that Amended and Restated Master Repurchase Agreement dated as of July 17, 2015 (the “Agreement”) between ▇▇▇▇▇▇▇▇▇.▇▇▇, LLC (“Seller”) and Bank of America, N.A. (“Buyer”), the terms of which do not affect Closing Agent except as set forth herein. Pursuant to the Agreement, you have been identified as either: • the title insurer to close and provide title insurance on certain mortgage loans made by Seller; or • the closing agent to close and fund certain mortgage loans made by Seller and covered by the above referenced closing protection letter (the “Mortgage Loans”). From time to time, Buyer will wire to you, for the account of Seller, funds requested by Seller under the terms of the Agreement to be used by you for the purpose of funding such Mortgage Loan(s) and for no other purpose. Notwithstanding anything to the contrary contained herein, you are not to distribute any of such funds to Seller. You must immediately return the funds to Buyer at the following account if one of the following conditions occurs: • You do not close any Mortgage Loan within forty-eight (48) hours of the time you receive the applicable funds; or • You receive funds for a Mortgage Loan for which you have not been instructed by Seller to (a) obtain title insurance from the title insurance company specified in the above referenced closing protection letter or (b) underwrite the title insurance. Bank: Bank of America, N.A. ABA No.: ▇▇▇▇▇▇▇▇▇ Account No.: 1233460784 Credit: Warehouse Lending – Payoff Account Reference: ▇▇▇▇▇▇▇▇▇.▇▇▇, LLC If the Mortgage Loan Documents (as described below) have not been delivered to Seller prior to the funding of the Transaction, within forty eight (48) hours of closing any Mortgage Loan, unless otherwise instructed by Buyer, you must deliver to Seller, the following Mortgage Loan Documents:
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Examples of Wire Transfer Fee in a sentence

  • An Account may be subject to a Non-Sufficient Funds Fee or Wire Transfer Fee.

  • Borrower will pay Lender's reasonable charge in connection with any wire transfer, and Lender's current charge is identified in the Schedule as the Wire Transfer Fee.

  • At the time we initiate a wire, you agree to pay us with available funds on deposit for the amount of the transfer plus the current Wire Transfer Fee as listed in our fee schedule.

  • Provided we comply with the security procedures outlined herein, you shall be liable for payment of the transferred amount plus current Wire Transfer Fee as listed in our fee schedule, even if you did not in fact authorize the transaction.

  • Borrower shall pay to Lender those fees set forth in this Agreement or the Commitment Letter when they become due and owing, including the Breakage Fee, Commitment Fee, Defective Loan Fee, Document Deposit Fee, File Fee, Noncompliant Mortgage Loan Fee, Shipping Fee, Unused Facility Fee, Wet Deficiency Fee and Wire Transfer Fee.

  • If we do not comply with the security procedures outlined herein but can demonstrate that you originated the wire transfer request, you will still be liable for the transfer amount plus current Wire Transfer Fee as listed in our fee schedule.

  • If we do not comply with the security procedures outlined herein, but can demonstrate that you originated the wire transfer request, you will still be liable for the transfer amount plus current Wire Transfer Fee as listed in our fee schedule.

  • Wire Transfer Fee: Outgoing Wires $15.00/transaction Physical Check Fee: Physical Check $5.00/check The fees for performing extraordinary or other services not contemplated at the time of the execution of the transaction or not specifically covered elsewhere in this schedule will be commensurate with the service to be provided and will be charged at The Huntington National Bank's sole discretion.

  • In anticipation of mediation, the Parties discussed the damages data BANA produced and the Accounts that were the subject of the challenged Incoming Wire Transfer Fee policies to be prepared for a productive mediation.

  • Wire Transfer Fee: A wire transfer fee of $25 per wire transfer made by Agent in connection with the forwarding by a Borrower or any other person on behalf of a Borrower of the proceeds of any loan.


More Definitions of Wire Transfer Fee

Wire Transfer Fee. That fee, as set forth in the Commitment Letter, payable by Borrower for each disbursement by wire transfer made to Borrower or its Approved Payee or received by Lender from Borrower or its Investor or otherwise related to an Advance. $200,000,000; June 26, 2003 FOR VALUE RECEIVED, the undersigned AAMES CAPITAL CORPORATION AND AAMES FUNDING CORPORATION (“Maker”) hereby unconditionally promises to pay to the order of Countrywide Warehouse Lending (“Payee”) at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ or such other address as may be given to Maker by Payee, the principal sum of $200,000,000, or so much thereof as may be advanced and outstanding hereunder, in lawful money of the United States of America, together with interest on the unpaid principal balance from day-to-day remaining at the rate provided in that certain Revolving Credit and Security Agreement and Commitment Letter executed of even date herewith by and between Maker and Payee (collectively and as amended from time to time, the “Agreement”). Payments of principal and interest on this Note shall be due and payable in accordance with the terms set forth in the Agreement, but if not sooner paid, all principal and interest on this Note shall be due and payable on the expiration or termination of the Agreement. All payments made hereon shall be applied in accordance with the Agreement. This Note has been executed and delivered pursuant to, and is subject to the terms and provisions of, the Agreement. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed thereto in the Agreement. The holder of this Note shall be entitled to the benefits provided for in the Agreement. Reference is made to the Agreement for certain provisions pertaining to (a) the obligation of Payee to advance funds hereunder; (b) the events upon which the maturity of this Note may be accelerated or shall automatically be accelerated; (c) the requirement that certain payments of principal be made hereunder upon the occurrence of certain events; (d) Maker’s right to make prepayments of principal hereunder; and (e) late payment premiums. Maker and each surety, endorser, guarantor and other party ever liable for payment of any sums of money payable on this Note, jointly and severally waive demand or payment, presentment, protest, notice of protest and non-payment or other notice of default, notice of acceleration and notice of intention to accelerate, and agree that their liability under...
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