Indorsee definition

Indorsee means a farm labor con- tractor licensed under ORS 658.410 who has obtained a camp indorsement under ORS 658.730. [1989 c.962 §2; 1993 c.18 §143; 1993 c.744 §19]

Examples of Indorsee in a sentence

  • For example, Maker makes a note payable to Payee; Payee indorses the note to Indorsee, Indorsee indorses and negotiates the note to Subsequent Party.Subsequent Party presents the note to Maker for payment.

  • Indorser and Indorsee The indorser18 (also spelled endorser) is one who transfers ownership of a negotiable instrument by signing it.

  • Indorsee: The person to whom the bill is indorsed is called an ‘indorsee’.

  • The purpose of the trip will be to attend the 2019 At-Risk Youth National Forum.

  • Whereas the Note travels by different path lacking true sale negotiation by indorsement “in blank” has a fatal flaw as the UCC Article 9 would not be able to overcome if even applicable, the loss of agency relationship to the intervening Indorsers and Indorsee as related to the security interest or Security Instrument.

  • Treatment of Payee or Indorsee by Collateral Agent 37 SECTION 13.

  • Whereas there is no method to repair a broken chain of title to the Security Instrument, the final Indorsee of a proved up Note has only rights to the Note and under bankruptcy law is an “Unsecured Creditor”.

  • To be in compliance with BCC Article 3.204 an unidentified Indorsee would need to complete the negotiation by placing the unidentified Indorsee’s name on the face of the instrument and become identified to not have incomplete instrument in accordance to BCC Sec.

  • Treatment of Payee or Indorsee by Collateral Agent 33 Section 8.07.

  • Where there has been multiple conveyances of the Note indorsed “in blank”, each Indorsee in turn would need to realize the indorsement from each predecessor Indorser to obtain a chain of indorsement to allow the final subsequent holder and owner of the Note claim entitlement rights to the Note.

Related to Indorsee

  • Assignee as defined in Section 10.6(b).

  • Registered Pledgee has the meaning set forth in the Titling Trust Agreement.

  • Successor in Interest of Borrower means any party that has taken title to the Property, whether or not that party has assumed Borrower’s obligations under the Note and/or this Security Instrument.

  • Successors and Assigns means a corporation or other entity acquiring all or substantially all the assets and business of the Company (including this Agreement), whether by operation of law or otherwise.

  • Successor in Interest means any (i) shareholder of; (ii) trustee, custodian, receiver or other person acting in any Bankruptcy or reorganization proceeding with respect to; (iii) assignee for the benefit of the creditors of; (iv) officer, director or partner of; (v) trustee or receiver, or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of; or (vi) other executor, administrator, committee, legal representative or other successor or assign of, any Partner, whether by operation of law or otherwise.

  • Transferees as defined in subsection 10.5(g).

  • Controlling Note means Note A-1.

  • Bind, "binding," or "bound" means securing more than one piece of paper

  • assigns shall not include any purchaser of Securities merely because of such purchase.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • Endorser means a person who makes an endorsement.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Indorsement has the meaning specified in Section 8-102(a)(11) of the UCC, and “Indorsed” has a corresponding meaning.

  • Secured Promissory Note is defined in Section 2.4.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Successor personal representative means a personal representative, other than a special administrator, who is appointed to succeed a previously appointed personal representative.

  • Note Pledgee shall have the meaning assigned to such term in Section 14(c).

  • Assignees has the meaning specified in Section 10.07(b).

  • Unsecured PHI or “PHI that is unsecured” means PHI that is not rendered unusable, 29 unreadable, or indecipherable to unauthorized individuals through the use of a technology or 30 methodology specified by the Secretary of Health and Human Services in the guidance issued on the

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • the obligors on a note means "the obligor or obligors on a note"). "Until [something occurs]" does not imply that it must occur, and will not be modified by the word "unless." The word "due" and the word "payable" are each used in the sense that the stated time for payment has passed. The word "accrued" is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • Transferee is a qualified institutional buyer" as defined in Rule 144A because (i) the Transferee is an investment company registered under the Investment Company Act of 1940, and (ii) as marked below, the Transferee alone owned and/or invested on a discretionary basis, or the Transferee's Family of Investment Companies owned, at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year. For purposes of determining the amount of securities owned by the Transferee or the Transferee's Family of Investment Companies, the cost of such securities was used, unless the Transferee or any member of the Transferee's Family of Investment Companies, as the case may be, reports its securities holdings in its financial statements on the basis of their market value, and no current information with respect to the cost of those securities has been published, in which case the securities of such entity were valued at market. ____ The Transferee owned and/or invested on a discretionary basis $____________________ in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A). ____ The Transferee is part of a Family of Investment Companies which owned in the aggregate $__________________ in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A).

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Qualified Assignee means (a) any Lender, any Affiliate of any Lender and, with respect to any Lender that is an investment fund that invests in commercial loans, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor, and (b) any commercial bank, savings and loan association or savings bank or any other entity which is an “accredited investor” (as defined in Regulation D under the Securities Act of 1933) which extends credit or buys loans as one of its businesses, including insurance companies, mutual funds, lease financing companies and commercial finance companies, in each case, which has a rating of BBB or higher from S&P and a rating of Baa2 or higher from Xxxxx’x at the date that it becomes a Lender and which, through its applicable lending office, is capable of lending to Borrowers without the imposition of any withholding or similar taxes; provided that no Person proposed to become a Lender after the Closing Date and determined by Agent to be acting in the capacity of a vulture fund or distressed debt purchaser shall be a Qualified Assignee, and no Person or Affiliate of such Person proposed to become a Lender after the Closing Date and that holds Stock issued by any Credit Party shall be a Qualified Assignee.

  • Note A-3 Holder means the Initial Note A-3 Holder or any subsequent holder of Note A-3, as applicable.