Mr Cooper Group Inc fka COOP

[AZCowboy]

~ When Considering the “Globic” Settlement ? ~

Don’t disregard the difference between the legal terms ... “Terminate” ... and ... “Consummate” ... when referring to a settlement contract ...

I gave an example of the use of these terms yesterday, as they are also applicable to the P&AA and the merged WMBfsb ...

... The “Globic Settlement” ... Execution Copy ...
https://www.fdic.gov/bank/individual/failed/wamu-dbntc-jpmc-fdic-settlement.pdf

The “Termination” of a settlement contract (potentially between JPMC & the FDIC), is the end date for any changes or amendments able to be made to the agreement ...

The “Consummation” of a settlement contract (potentially between JPMC & the FDIC), is the actual fulfillment and completion of the Agreement ...

AZ