Evidence of debt definition

Evidence of debt means a writing that evidences a promise to pay or a right to the payment of a monetary obligation, such as a promissory note, bond, negotiable instrument, a loan, credit, or similar agreement, or a monetary judgment entered by a court of competent jurisdiction.

Evidence of debt means a Written instrument, including a Negotiable Instrument, executed, or purportedly executed, by a customer of the Insured and held by the Insured or an Investment Adviser that in the regular course of business is treated as evidencing the customer's debt to the Insured.

Evidence of debt means an instrument, in- cluding a "negotiable instrument", executed by a person and held by you which in the regular course of business is treated as evidencing that person's debt to you.

Examples of Evidence of debt in a sentence

• Evidence of debt and security for repayment, deeds of trust, non- recourse and partial release provisions, negotiating loan documents, and various special district clauses are covered.

• Evidence of debt is part of this contract, and has equal legal effect.

• Can be used to foreclose aTrust Deed.1. Mortgage uses 2 Documents: a) Promissory Note (Evidence of debt) & b) Mortgage Contract (Security for the debt.

• Owner died with a Will (Testate) and Estate has been probated in state where property is located: • Certificate of Death for Owner • Copy of Last Will and Testament • Order Admitting Will to Probate • Letters of Testamentary • Evidence of debt and taxes being paid • Final Decree and/or Certificate of Transfer Owner died with a Will (Testate) and Estate will not be probated: • Certificate of Death for Owner • Copy of Last Will and Testament • An Affidavit of Heirship properly completed and notarized.

• Prima Facie Evidence In any legal action or proceeding arising out of or in connection with this Agreement, the entries made in the accounts maintained pursuant to clause 27.1 (Evidence of debt) shall be prima facie evidence of the existence and amounts of the specified obligations of the Issuer.

More Definitions of Evidence of debt

Evidence of debt means an instrument, including a Negotiable Instrument, executed by a customer of the ASSURED and held by the ASSURED, which in the regular course of business is treated as evidencing the customer's debt to the ASSURED.

Evidence of debt means all bonds, notes, demands, claims, deposits or investments however

Evidence of debt means a note or negotiable instrument.

Evidence of debt means a writing that evidences a

Evidence of debt means all bonds, notes, demands, claims, deposits or investments however evidenced and whether secured by mortgage, deed of trust, judgment or otherwise or not so secured, and includes but is not limited to:

Evidence of debt means a Written instrument, including a Negotiable Instrument, executed, or purportedly executed, by a member or customer of the Insured and held by the Insured which in the regular course of business is treated as evidencing the customer's or member‘s debt to the Insured.

Evidence of debt means, with respect to any Loan, each Loan Note, Loan Agreement or other agreement, instrument or record evidencing an obligation of the Loan Obligor to repay such Loan.