Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.
Notice of Dishonor means the right to require us to give notice to other person that amounts due under this Agreement have not been paid. You also waive demand for payment, protest, notice of protest and all other notices and demands, to the fullest extent permitted by applicable law.
Notice of Dishonor means the notice that a financial institution is required to give, under the laws of this state, upon presentation of an instrument that the institution dishonors. (Added by Stats. 1988, ch. 1159. Amended by Stats. 2007, ch. 422.)
Examples of Notice of Dishonor in a sentence
I and any other person who has obligations under this Note waive the rights of Presentment and Notice of Dishonor and waive the benefit of the homestead exemption as to the Property described in the Security Instrument (as defined below).
More Definitions of Notice of Dishonor
Notice of Dishonor means the notice that a financial institution is required to give under the laws of New Mexico upon presentation of an instrument that the institution dishonors.
Notice of Dishonor means the right to require the Loan Holder to give notice to you that amounts due have not been paid.
Notice of Dishonor means refers to the notice that a financial institution is required to give, under the laws of this jurisdiction, upon presentation of an instrument that the institution dishonors.
Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid. [Signatures appear on the next page.] BY SIGNING XXXXX, Xxxxxxxx accepts and agrees to the terms and covenants contained in this Note. _______________________________________ - Borrower - Borrower [Sign Original Only]
Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid. “Protest” means the right to obtain an official certification of nonpayment. I AGREE THAT XXXXXX’S WILLINGNESS TO OFFER TO ME THE INTEREST RATE DESCRIBED ABOVE IS SUFFICIENT AND INDEPENDENT CONSIDERATION, GIVEN INDIVIDUAL WEIGHT BY XXXXXX, FOR THIS WAIVER. I FURTHER UNDERSTAND THAT XXXXXX WOULD NOT OFFER SUCH AN INTEREST RATE TO ME ABSENT THIS WAIVER. I acknowledge that prepayment of this Note may result in Note Holder’s incurring additional losses, costs, expenses, and liabilities, including, but not limited to, lost revenue and lost profits. I, therefore, agree to pay the Prepayment Premium as described above, if any Principal amount is prepaid, whether voluntarily, or by reason of an acceleration of the Maturity Date on default (including, but not limited to, acceleration on any transfer or conveyance of any right, title, or interest in the Property securing the loan giving the Note Holder the right to accelerate the maturity of this Note as provided in the Security Instrument).
Notice of Dishonor means the right to require Lender to give notice that amounts due have not been paid. Additionally, Borrower consents, and generally waives all defenses based on the following: (a) Lender renews or extends payments on required hereunder, regardless of the number of such renewals or extensions; (b) Lender releases Borrower, any endorser, Guarantor, surety, accommodation maker or any other co-signer; (c) Lender releases, substitute or impair any Collateral, (d) Lender invokes its right of set-off; (e) Lender enters into any sales, repurchases or participations of the Note to any person in any amounts and Borrower waives notice of such sales, repurchases or participations and/or (f) Lender informs any Person who guarantees this Loan, including Guarantor, of any accommodations, renewals, extensions, modifications, substitutions or future advances.