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.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

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

• The relative rights as to the Shared Collateral and proceeds thereof shall continue after the commencement of any Insolvency or Liquidation Proceeding on the same basis as prior to the date of the petition therefor, subject to any court order approving the financing of, or use of cash collateral by, any Grantor.

• Nothing in this Agreement is intended to or shall impair the obligations of the Borrower or any other Grantor, which are absolute and unconditional, to pay the Senior Obligations and the Second Priority Debt Obligations as and when the same shall become due and payable in accordance with their terms.

• The Borrower agrees that, if any Subsidiary of Parent shall become a Grantor after the date hereof, it will promptly cause such Subsidiary to become party hereto by executing and delivering an instrument in the form of A▇▇▇▇ ▇.

• If Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the reasonable and documented expenses of Secured Party incurred in connection therewith shall be payable by Grantor in accordance with the terms of the Purchase Agreement.

• Upon such execution and delivery, such Subsidiary will become a Grantor hereunder with the same force and effect as if originally named as a Grantor 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 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.

Grantor shall have the meaning set forth in the preamble.

Grantor as defined in the preamble hereto.