Common use of Closing Instructions Clause in Contracts

Closing Instructions. Indemnify and hold the Lender harmless from and against any loss, including reasonable attorneys' fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company relating to any Mortgage Loan. The Lender shall have the right to pre-approve the closing instructions of the Company to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company to be included as Collateral pursuant hereto.

Appears in 3 contracts

Sources: Warehousing Credit and Security Agreement (U S Home Corp /De/), Warehousing Credit and Security Agreement (U S Home Corp /De/), Warehousing Credit and Security Agreement (Amresco Inc)

Closing Instructions. Indemnify The Company agrees to indemnify and hold the Lender harmless from and against any loss, including reasonable attorneys' fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company or of the Lender relating to any Mortgage Loan. The Lender shall have the right to pre-approve the closing instructions of the Company to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company to be included as Collateral pursuant hereto.

Appears in 2 contracts

Sources: Warehousing Credit and Security Agreement (Mortgage Com Inc), Warehousing Credit and Security Agreement (Mortgage Com Inc)

Closing Instructions. Indemnify and hold the Lender harmless from and against any loss, including reasonable attorneys' ’ fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company or of the Lender relating to any Mortgage Loan. The Lender shall have the right to pre-approve the closing instructions of the Company to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company to be included as Collateral pursuant hereto.

Appears in 1 contract

Sources: Warehousing Credit and Security Agreement (Sirva Inc)

Closing Instructions. Indemnify and hold the Lender Agent and the Lenders harmless from and against any loss, including reasonable attorneys' ’ fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company or of the Agent relating to any Mortgage Loan. The Lender Agent shall have the right to pre-approve the closing instructions of the Company to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company to be included as Collateral pursuant hereto.

Appears in 1 contract

Sources: Warehousing Credit and Security Agreement (Sirva Inc)

Closing Instructions. Indemnify The Company agrees to indemnify and hold the -------------------- Lender harmless from and against any loss, including reasonable attorneys' fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company or of the Lender relating to any Mortgage Loan. The Lender shall have the right to pre-approve the closing instructions of the Company to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company to be included as Collateral pursuant hereto.

Appears in 1 contract

Sources: Warehousing Credit and Security Agreement (Iown Holdings Inc)

Closing Instructions. Indemnify and hold the Lender harmless from and against any loss, including reasonable attorneys' fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company Borrower relating to any Mortgage Loan. The Lender shall have the right to pre-approve the closing instructions of the Company Borrower to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company Borrower to be included as Collateral pursuant hereto.

Appears in 1 contract

Sources: Warehousing Credit and Security Agreement (Bingham Financial Services Corp)

Closing Instructions. Indemnify and hold the Lender harmless from and against any loss, including reasonable attorneys' fees and costs, attributable to the failure of a title insurance company, agent or approved attorney to comply with the disbursement or instruction letter or letters of the Company or of the Lender relating to any Mortgage Loan. The Lender shall have the right to pre-approve the closing instructions of the Company to the title insurance company, agent or attorney in any case where the Mortgage Loan to be created at settlement is intended to be warehoused by the Company to be included as Collateral pursuant hereto.

Appears in 1 contract

Sources: Warehousing Credit and Security Agreement (First NLC Financial Services Inc)