Obligations of Borrower And of Persons Taking Over Borrower’s Rights or Obligations Sample Clauses

Obligations of Borrower And of Persons Taking Over Borrower’s Rights or Obligations. If more than one Person signs this Security Instrument as Borrower, each of us is fully obligated to keep all of Borrower’s promises and obligations contained in this Security Instrument. Lender may enforce Xxxxxx’s rights under this Security Instrument against each of us individually or against all of us together. This means that any one of us may be required to pay all of the Sums Secured. However, if one of us does not sign the Note: (a) that Person is signing this Security Instrument only to give that Person’s rights in the Property to Lender under the terms of this Security Instrument; (b) that Person is not personally obligated to pay the Sums Secured; and (c) that Person agrees that Xxxxxx may agree with the other Borrowers to delay enforcing any of Lender’s rights, to modify, or make any accommodations with regard to the terms of this Security Instrument or the Note without that Person’s consent. Subject to the provisions of Section 18 of this Security Instrument, any Person who takes over my rights or obligations under this Security Instrument in writing, and is approved by Xxxxxx in writing, will have all of my rights and will be obligated to keep all of my promises and agreements made in this Security Instrument. Borrower will not be released from Borrower’s obligations and liabilities under this Security Instrument unless Xxxxxx agrees to such release in writing. Any Person who takes over Xxxxxx’s rights or obligations under this Security Instrument will have all of Lender’s rights and will be obligated to keep all of Lender’s promises and agreements made in this Security Instrument except as provided under Section 20.
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Obligations of Borrower And of Persons Taking Over Borrower’s Rights or Obligations. If more than one Person signs this Security Instrument as Borrower, each of us is fully obligated to keep all of Borrower’s promises and obligations contained in this Security Instrument. Lender may enforce Xxxxxx’s rights under this Security Instrument against each of us individually or against all of us together. This means that any one of us may be required to pay all of the Sums Secured. However, if one of us does not sign the Note: (a) that Person is signing this Security Instrument only to give that Person’s rights in the Property to Lender under the terms of this Security Instrument; (b) that Person is not personally obligated to pay the Sums Secured; and (c) that Person agrees that Xxxxxx may agree with the other Borrowers to delay enforcing any of Lender’s rights, to modify, or make any accommodations with regard to the terms of this Security Instrument or the Note without that Person’s consent.
Sample 1
Obligations of Borrower And of Persons Taking Over Borrower’s Rights or Obligations. If more than one Person signs this Security Instrument as Borrower, each of us is fully obligated to keep all of Borrower’s promises and obligations contained in this Security Instrument. Lender may enforce Xxxxxx’s rights under this Security Instrument against each of us individually or against all of us together. This means that any one of us may be required to pay all of the Sums Secured. Subject to the provisions of Section 13 of this Security Instrument, any Person who takes over my rights or obligations under this Security Instrument in writing, and is approved by Xxxxxx in writing, will have all of my rights and will be obligated to keep all of my promises and agreements made in this Security Instrument. Borrower will not be released from Borrower’s obligations and liabilities under this Security Instrument unless Xxxxxx agrees to such release in writing. Any Person who takes over Xxxxxx’s rights or obligations under this Security Instrument will have all of Lender’s rights and will be obligated to keep all of Lender’s promises and agreements made in this Security Instrument except as provided under Section 15.
Sample 1

Related to Obligations of Borrower And of Persons Taking Over Borrower’s Rights or Obligations

  • Obligations of the Parties 2.1 The Trust shall prepare and be responsible for filing with the Securities and Exchange Commission and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of the Trust. The Trust shall bear the costs of registration and qualification of its shares, preparation and filing of the documents listed in this Section 2.1 and all taxes to which an issuer is subject on the issuance and transfer of its shares.

  • Obligations of Parties Nothing herein shall relieve a Party of its obligations under the Federal Rules, the Bankruptcy Rules, the Federal Rules of Evidence, and the Local Rules, or under any future stipulations and orders, regarding the production of documents or the making of timely responses to Discovery Requests in connection with the Cases.

  • Parties Obligations The Parties’ obligations under this Agreement will continue notwithstanding the existence of a Material Change.

  • Obligations of City 8.1 City shall –

  • Obligations of the Tenant The following clauses set out what is expected of the Tenant during the Tenancy in addition to the main terms of the Tenancy Agreement. If any of these terms are broken, the Landlord may be entitled to deduct monies from the Deposit, as set out in the Agreement, claim damages from the Tenant, or seek the court’s permission to have the Tenant evicted from the Property because of the breach.

  • Obligations of Covered Entity (1) Covered Entity shall notify Business Associate of any limitations in its notice of privacy practices of Covered Entity, in accordance with 45 C.F.R. § 164.520, or to the extent that such limitation may affect Business Associate’s use or disclosure of PHI.

  • Obligations of Contractor Contractor agrees that:

  • OBLIGATIONS OF THE OWNER 5.1 The Owner agrees to provide the requisite access and authority for Coinllectibles to have access to information necessary for Coinllectibles to carry out the Services hereunder.

  • OBLIGATIONS OF THE LESSEE A. The Lessee shall keep the premises in a clean, sanitary, neat and presentable condition.

  • Obligations of the Licensee 5.1.1. The Licensee’s Responsibilities and Duties shall include the following, in addition to and without prejudice to other obligations under this Agreement:

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