NOTICE TO BORROWER definition

NOTICE TO BORROWER. The mortgagor or trustor (Xxxxxxxx) is personally obligated and fully liable for the amount due under this Note as provided in Section 9 of this Note. The mortgagee or beneficiary (Xxxxxx) has the right to sue on this Note and obtain a personal judgment against the mortgagor or trustor (Borrower) for satisfaction of the amount due under this Note either before or after a judicial foreclosure of the Instrument under AS 09.45.170 - 09.45.220.
NOTICE TO BORROWER. This written agreement is the final expression of the agreement between you and the Lender, and as such it may not be contradicted by evidence of any prior oral agreement or of a contemporaneous oral agreement between you and the Lender.
NOTICE TO BORROWER means a notice, substantially in the form of Exhibit N hereto, which the Buyer may instruct the Backup Servicer to send to each borrower of a Purchased Asset subject to a Transaction after the occurrence and continuance of an Event of Default.

Examples of NOTICE TO BORROWER in a sentence

  • LENDER MAY ASSIGN ANY OF THE NOTES, THIS SECURITY AGREEMENT OR ITS SECURITY INTEREST IN ANY OR ALL COLLATERAL, OR ANY OR ALL OF THE ABOVE, IN WHOLE OR IN PART TO ONE OR MORE ASSIGNEES OR SECURED PARTIES WITHOUT NOTICE TO BORROWER.

  • IF SUCH SUBSTITUTE AGENT IS NOT TIMELY APPOINTED, LENDER SHALL, IN ITS SOLE DISCRETION, HAVE THE RIGHT TO DESIGNATE A SUBSTITUTE AGENT UPON FIVE (5) DAYS NOTICE TO BORROWER.

  • BANK MAY RELEASE, COMPROMISE, FORBEAR WITH RESPECT TO, WAIVE, SUSPEND, EXTEND OR RENEW ANY OF THE TERMS OF THE CREDIT DOCUMENTS, WITHOUT NOTICE TO BORROWER.

  • THE LINE OF CREDIT MAY BE CANCELLED OR REDUCED BY LENDER AT LENDER'S SOLE OPTION WITHOUT PRIOR NOTICE TO BORROWER OR ANY OTHER PERSON OR ENTITY.

  • Each loan agreement made under this section shall contain the following notice in at least 10 point bold face type: NOTICE TO BORROWER: KANSAS LAW PROHIBITS THIS LENDER AND THEIR RELATED INTEREST FROM HAVING MORE THAN TWO LOANS OUTSTANDING TO YOU AT ANY ONE TIME.

  • The sign shall display bold, blocked letters easily readable and shall include the following information: NOTICE TO BORROWER Mississippi law states, “A title pledge lender shall not advance funds to a pledgor to pay off an existing title pledge agreement”.

  • Table 4: Monitoring scheme, responsible parties, budget, and time frame *APR/PIR: Annual Project Report/Project Implementation Review3.

  • NOTICE TO BORROWER A power of sale has been granted in this Instrument.

  • EXHIBIT 2 NOTICE TO BORROWER This notice is provided to borrowers who may receive a loan from a financial institution under the Small Business Capital Access Program of the Michigan Strategic Fund, a State of Michigan agency.

  • NOTICE TO BORROWER - Any notice required to be given by Bank under the provisions of this Note shall be effective as to each Borrower and each Obligor when addressed to Borrower and deposited in the mail, postage prepaid, for delivery by first class mail at Borrower's mailing address as it appears on Bank's records.


More Definitions of NOTICE TO BORROWER

NOTICE TO BORROWER. Any notice required to be given by Bank under the provisions of this Note shall be effective as to each Borrower and each Obligor when addressed to Borrower and deposited in the mail, postage prepaid, for delivery by first class mail at Borrower's mailing address as it appears on Bank's records.
NOTICE TO BORROWER. Second Mortgage (MRB 016) 8. Copy of Homebuyer Education Certificate 9. Teacher/School District Executed HAT Loan Agreement, if applicable, upload copy & Mail Original to MHC Attn: Single-Family MHC must receive the uploaded Reservation package documents within 10 calendar days of receiving the reservation confirmation. COMPLIANCE PACKAGE
NOTICE TO BORROWER means a notice substantially in the form attached hereto as EXHIBIT AA-1 advising the applicable Borrower of the assignment of the lender's interest under the applicable Loan Documents and directing that all amounts becoming due and payable under the applicable Loan Documents from and after the Closing Date be paid to or at the direction of the Purchaser.
NOTICE TO BORROWER. Name: Address: Phone: E-mail: Fax: Notice to Lender: Name: 000-000-0000 xxxxx@xxxxxxxxxx.xx Xxxxxxx Xxxxxx Xxxxxxx 000 Xxxxxxxxx Xxx. Xxxxx 000, Xxxxxxx 5037030740 xxxx@xxxxxxxxxx.xx Xxxxxx Xxxxxxx Xxxxx Xxxxxxx Address: Xxx Xxxxxxxxxx 00X Xxxxxx Xxxx Phone: E-mail: Fax: 000-0000-0000 xxxxxxxx@xxxxxxxxxxx.xxxx

Related to NOTICE TO BORROWER

  • Borrower Notice means a written notice, in the form of Exhibit A, to be used for each borrowing, repayment of each Advance or termination or reduction of the Facility Amount or Prepayments of Advances.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Borrowing Notice is defined in Section 2.8.

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • The Borrower has advised the Banks that the Borrower has entered into an Agreement and Plan of Merger and Reorganization, dated as of February 10, 2000 (the "Merger Agreement"), among the Borrower, Opticare Health Systems, Inc. (the "Parent"), and OC Acquisition Corp., a wholly-owned subsidiary of the Parent ("Merger Sub"), pursuant to which the parties intend to merge Merger Sub with and into the Borrower subject to the terms and conditions thereof which include, among other things, restructuring the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions and due diligence concerning the Merger and any proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not consented to the Merger nor have the Banks agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, an April 14, 2000, letter agreement, a May 5, 2000, letter agreement, and a May 19, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, and as of March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to the earlier of June 9, 2000, or the termination of the Merger Agreement pursuant to its terms (the earlier of such dates being referred to herein as the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from June 2, 2000, to the Waiver Termination Date, and (iii) postpone the due date for the payment of principal, interest and unused commitment fees otherwise due on or before June 2, 2000, to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from June 2, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, and March 31, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to postpone the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before June 2, 2000, to the Waiver Termination Date, provided that:

  • Borrower as defined in the preamble hereto.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Notice of Continuation or Conversion has the meaning provided in Section 2.10(b).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Extension Notice has the meaning specified in Section 308.

  • Borrowing Agent means any of the following:

  • Notice of Swingline Borrowing means a notice in the form of Exhibit F to be delivered to the Agent pursuant to Section 2.04 evidencing the Borrower’s request for a Swingline Loan.

  • Notice of Conversion or Continuation shall have the meaning provided in Section 2.6(a).

  • Notices of Borrowing means, collectively, the Notices of Revolving Borrowing and the Notices of Swingline Borrowing.

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit D.

  • Administrative Borrower has the meaning set forth in Section 17.9.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Advance shipment notice means an electronic notification used to list the contents of a shipment of goods as well as additional information relating to the shipment, such as passive radio frequency dentification (RFID) or item unique identification (IUID) information, order information, product description, physical characteristics, type of packaging, marking, carrier information, and configuration of goods within the transportation equipment.