The Originator Clause Samples

The "THE ORIGINATOR" clause identifies the party responsible for initiating or creating a particular transaction, document, or process within an agreement. In practice, this clause clarifies which individual or entity is considered the originator, which can be important for determining rights, obligations, or liability—such as in financial transactions where the originator may be the party sending funds or initiating a request. Its core function is to ensure clarity regarding the source of actions or documents, thereby reducing confusion and potential disputes about responsibility or authority.
The Originator. 22 SECTION 4.1 Representations of the Originator ....................... 22
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The Originator 
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Related to The Originator

  • Originator The Person that originated the Mortgage Loan pursuant to a written agreement with the related Mortgagor.

  • MORTGAGE LOAN ORIGINATOR EDUCATION 1. Prior to the submission of a new application for any new mortgage loan originator license or, as applicable, the filing of a petition for the reinstatement of an MLO Activity Endorsement in any Participating State as provided for in Section II, Paragraph 2 of this Order, the Respondent will be required to complete the following mortgage loan originator education requirements: a. Twenty hours of NMLS approved PE, which shall consist of 14 hours of federal law curriculum, three hours of ethics curriculum, and three hours of non-traditional mortgage lending curriculum. None of these 20 hours of PE may be state-specific curriculum; and b. Eight hours of CE, which shall consist of four hours of federal law curriculum, two hours of ethics curriculum, and two hours of non-traditional mortgage lending curriculum. None of these eight hours of CE may be state-specific curriculum. 2. Respondent may not take any of the PE or CE provided for in Paragraph 1 of this Section in an online self-study format (“OSS”). 3. For a period three years from the Effective Date of this Order, Respondent shall be required to complete any additional required PE and/or CE in a format other than OSS.

  • Seller's Origination The Seller's decision to originate any mortgage loan or to deny any mortgage loan application is an independent decision based upon the Underwriting Guidelines, and is in no way made as a result of Purchaser's decision to purchase, or not to purchase, or the price Purchaser may offer to pay for, any such mortgage loan, if originated;

  • Mortgagor The obligor on a Mortgage Note. ---------

  • Origination Each Receivable was originated in the United States.