Borrower Note Assignment means the Assignment, as appended to the Borrower Note, by the Issuer of the Borrower Note to the Purchaser as security for the Bond.
Examples of Borrower Note Assignment in a sentence
The assignment to the Purchaser by the Issuer of the Borrower Note pursuant to the Borrower Note Assignment is an authorized, valid and irrevocable assignment by the Issuer.
The Issuer has duly adopted a resolution authorizing the Executive Director to execute and deliver this Agreement, the Direct Purchase Agreement, the Bond, the Borrower Note Assignment and such other documents and certificates executed and delivered by it in connection therewith.