Disbursing Agent

Example Definitions of "Disbursing Agent"
Disbursing Agent. Shall mean the entity with whom the Borrower and Lender have contracted to coordinate and supervise disbursements of Loan Funds. The Disbursing Agent shall be the Title Company.
Disbursing Agent. Is initially Homestead Escrow and Exchange Company, and in the event Homestead Escrow and Exchange Company ceases to act as Disbursing Agent, the Disbursing Agent will be a Person selected by Lender who succeeds to such duties under the Disbursing Agreement.
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