MH Note definition

MH Note means a note or other evidence of indebtedness of an Obligor (other than a Dealer) secured by a Manufactured Home, and, if a Land-and-Home Loan, secured by the related Mortgaged Property.
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MH Note means a note or other evidence of indebtedness of an Obligor secured by a Manufactured Home.
Sample 1

Examples of MH Note in a sentence

  • The MH Note, MH Contract and all other documents contained in the Loan Files are on forms acceptable in the secondary market.

  • The terms of the MH Note, the MH Loan and the MH Contract have not been impaired, waived, altered or modified in any respect, except by a written instrument identified in the Loan File and which has been recorded, if necessary to protect the interests of the Buyer.

  • Neither the MH Contract nor the MH Note were originated in or are not subject to the laws of any jurisdiction whose laws would make the transfer of the MH Contract or the MH Note pursuant to this Repurchase Agreement unlawful or render the MH Contract or MH Note unenforceable.

  • The MH Note and/or MH Contract, and every other agreement, if any, executed and delivered by the Obligor in connection with the MH Loan, are genuine, and each is the legal, valid and binding obligation of the maker thereof enforceable in accordance with its terms.

  • Pursuant to the terms of: (i) the MH Loan, the MH Contract, the MH Note, the related Manufactured Home is insured by a Qualified Insurer against loss by fire and such other risks as are usually insured against in the broad form of extended coverage hazard insurance available from time to time.

  • The Seller has no knowledge of any circumstances or conditions with respect to the MH Contract, the MH Note, the Obligor or the Obligor's credit standing that can reasonably be expected to cause private institutional investors to regard the MH Loan as an unacceptable investment, cause the MH Loan to become delinquent, or adversely affect the value or marketability of the MH Loan.

  • All costs, fees and expenses incurred in making or closing the MH Loan and the filing of Uniform Commercial Code financing statements were paid, and the Obligor is not entitled to any refund of any amounts paid or due under the MH Note or the MH Contract.

  • All parties to the MH Note, the MH Loan and the MH Contract, and each other such related agreement had legal capacity to enter into the MH Loan and to execute and deliver the MH Note, the MH Loan and the MH Contract, and each other such related agreement, and the MH Note, the MH Loan and the MH Contract and each other such related agreement have been duly and properly executed by the respective Obligors.

  • The MH Note and/or the MH Contract obligates the Obligor thereunder to maintain the hazard insurance policy at the Obligor's cost and expense, and on the Obligor's failure to do so, authorizes the holder of the MH Note and/or the MH Contract to obtain and maintain such insurance at such Obligor's cost and expense, and to seek reimbursement therefor from the Obligor.

  • The words "Subordinated Indebtedness" as used in this Agreement mean all present and future indebtedness, obligations, liabilities, claims, rights and demands of any kind which may be now or hereafter owing from Borrower to Creditor pursuant to the ACM Note and the MH Note.

Related to MH Note

  • New Note shall have the meaning assigned to such term in Section 38.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • Bridge Note means a promissory note of the Borrower in the form attached as Exhibit B hereto evidencing the Bridge Loan of any Lender.

  • Senior Note means, for a Supplemental Loan, if any, each Multifamily Note secured by a Senior Instrument.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Coupon Note means a Note on which no interest is payable.

  • Company Note has the meaning set forth in Section 3.1 of the Sale Agreement.

  • Discount Note means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

  • Owned Note shall have the meaning assigned to such term in Section 32.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Special Note Items with a "N" in the "Included in MSA?" column require IBM owner to do the following: 1. Submit a Custom Purchase Letter and 2. Attach the EZForm with all the details and pricing / citing the BEID file, version 2.x (or where ever you got the information) to kickoff the AT&T special handling process. AT&T Generally Available Service Schedule of Charges

  • Retained Note means any Notes held by the Issuer (or any other person treated as the same person as the Issuer for U.S. federal income tax purposes), but only so long as such Notes are held by such entity, until such time as such Notes are transferred in accordance with the terms and conditions of Section 2.04 of the Indenture.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Defeased Note shall have the meaning set forth in Section 2.4.1(a)(v) hereof.

  • Surplus Note means a promissory note executed by an Insurance Subsidiary of the type generally described in the insurance industry as a “surplus note”, the principal amount of which an insurance regulator permits the issuer to record as an addition to capital and surplus rather than as a liability in accordance with SAP.

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.

  • Debt Security or “Debt Securities” has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.