Grantor definition

Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

Grantor in the Security Agreement shall be deemed to include the New Grantor. The Security Agreement is hereby incorporated herein by reference.

Grantor as defined in the Pledge and Security Agreement.

Examples of Grantor in a sentence

• If Grantor fails to pay such Liens when due (“Delinquent Liens”), Grantee shall have the right (upon providing prior written notice to Grantor), but not the obligation, to pay the Delinquent Liens on Grantor’s behalf and Grantor shall reimburse Grantee for such payments made within thirty (30) days of a written demand for reimbursement by Xxxxxxx.

• Grantee shall have the right to deduct the full amount of any such taxes paid by Grantee on Xxxxxxx’s behalf from any payments required to be made by Grantee to Grantor hereunder.

• Damages for which Grantee may be responsible for shall be limited to the actual damages suffered by Grantor and Xxxxxxx’s liability shall be limited to its interest in the Premises.

• Grantor shall pay when due all payments associated with any mortgages and loans of Grantor as well as all real property, personal property, and other taxes, fees, and assessments levied and assessed on the Premises, together with any other monetary liens levied, assessed or recorded against the Premises (collectively, the “Liens”).

• In the event Grantee, or its successors and/or assigns, abandons its use of the Easements, then Grantor may terminate this Agreement by providing written notice to Grantee subject to the terms and conditions set forth herein.

More Definitions of Grantor

Grantor means the entity that has established a trust for the sole benefit of the beneficiary. When established in conjunction with a reinsurance agreement, the grantor is the unlicensed, unaccredited assuming insurer.

Grantor is defined in the preamble.

Grantor and “Grantors” have the respective meanings specified therefor in the preamble to this Agreement.

Grantor shall have the meaning set forth in the preamble.

Grantor and “Grantors” are defined in the preamble.

Grantor means the owner or operator who enters into this Agreement and any successors or assigns of the Grantor.

Grantor shall also mean and be a reference to the undersigned.