Co-Signer definition

Co-Signer means any individual who is individually and jointly responsible for any primary and secondary liability associated with the Subject Property who does not otherwise share any ownership in the Subject Property nor reside in the Subject Property as its primary residence.

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Co-Signer means, with respect to a Mortgage Loan, a person who is an obligor under the Mortgage Note but who is not a mortgagor; i.

Co-Signer means a person(s) secondarily liable for repayment of the borrowed funds. The co-signer will be a non-occupant co-signor and will not be on title to the residence. The co-signor will be allowed for credit purposes only, meaning the occupying borrower has the income to qualify per the insurer’s DTI requirements, but does not have adequate credit to qualify. While the co-signor does not hold an ownership interest in the residence, it is still liable for repaying the obligation and must sign all loan documents with the exception of the Trust Indenture and the Board Affidavits. A transfer of title to the co-signor after loan closing is a violation of the Board’s program requirements and is not allowed.

Examples of Co-Signer in a sentence

Test 3.3(f) — 9: Notice to Co-Signer Observe the Contract and confirm the Financed Vehicle is purchased for personal use and, if so, confirm if a “Notice to Cosigner” document is required by the applicable Ford Credit procedure and, if so, confirm a signed and dated “Notice to Cosigner” document is in the Receivable File.
If there is a Co-Signer, the Borrower and Co-Signer shall be jointly and severally liable under this Note.
If the Debtor does not make a payment, the Co-Signer shall be personally responsible and therefore is guaranteeing payment of the principal, late fees, and all accrued interest under the terms of this Agreement.
If the Borrower does not make payment, the Co-Signer shall be personally responsible and is guaranteeing the payment of the principal, late fees, and all accrued interest under the terms of this Note.
Test 3.3(h) — 8: Notice to Co-Signer Observe the Lease and confirm the “Vehicle Use” is personal and if so, confirm if a “Notice to Cosigner” document is required by the applicable Ford Credit procedure and if so, confirm a signed and dated “Notice to Cosigner” document is in the Lease File.

More Definitions of Co-Signer

Co-Signer means an obligor on an NCSLT Loan other than a Student Borrower.

Co-Signer means a natural person who (i) in the case of a consumer credit transaction becomes obligated on the transaction as a co-signer, co-maker, guarantor, endorser or surety, but who does not receive the property, services, or money that is the subject of the

Co-Signer means all Tribes and tribal organizations or Inter-Tribal Consortia, including the ANTHC, participating in the Compact;

Co-Signer. Signature For ________________________ ______________________________________ By: Title: Seller Approval: ______________________________________ KF524R (05/03) ORIGINAL FOR SELLER (IF ASSIGNED, FOR KOMATSU Buyer's Initials FINANCIAL LIMITED PARTNERSHIP) [_______________] [KOMATSU FINANCIAL LOGO] SECURITY AGREEMENT - CONDITIONAL SALES CONTRACT ACCOUNT NO._________ Conditional Terms and Conditions:

Co-Signer means a natural person who (i) in the case of a consumer credit transaction becomes obligated on the transaction as a co-signer, co-maker, guarantor, endorser or

Co-Signer means a person who assumes liability for the payment for service provided by a utility if a customer fails to pay for the service.

Co-Signer means any individual who will assume responsibility on the loan, but who will not take a interest in title/and ownership of the property. A Co-Signer may or may not be an occupant or resident of the property.