Examples of Obligor Note in a sentence
There is no more than one original executed copy of each Obligor Note or Purchase Contract.
If subsequent to the Closing Date, there is evidence of an Obligor Note for which a Lost Note Affidavit has not been executed as of the Closing Date and such Obligor Note is not located subsequent to Closing, then Sellers shall or Buyer shall be permitted pursuant to the Power of Attorney to execute a Lost Note Affidavit in respect thereof.
Each Obligor Note constitutes an "instrument" under the Uniform Commercial Code of the jurisdiction in which such Obligor Note will at all times be located.
The terms of each Purchase Contract and Obligor Note have not been modified in any material respect.
At any reasonable time, the Custodian shall make available for examination and audit by representatives of the , HUD and/or any Obligor (but as to such Obligor, only as to Security relating to its Obligor Note), all documents comprising the Security in the custody of the Custodian.
As described in further detail in Sections II and V below: · Originator creates a unique authoritative copy by electronically embedding each Contract Original with a unique GUID (as defined in Section V.a.2.i below) which statistically makes that version unique as no other Electronic Obligor Note will have the same GUID.
The applicable assignment of Purchase Contract and the endorsement of the related Obligor Note constitutes a duly executed, legal, valid, binding and enforceable assignment or endorsement, as the case may be, of such related Purchase Contract, and related Obligor Note, and all monies due or to become due thereunder, and all proceeds thereof.
Meeting Dates, Times and LocationsThe next meeting will be held on Tuesday, August 2-3, 2011 at the SAWS Customer Service Building, Room CR145 in San Antonio.
The Servicer shall not extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Receivable or amend, modify or waive any term or condition of any Obligor Note related thereto; provided, that the Servicer may take such actions as are expressly permitted by Section 2.11(l) and Section 2.12(f) or required by Requirements of Law.
Any amendment to an Electronic Obligor Note will be easily identified as authorized because such amendment will be subjected to the same Electronic Custodian File Procedures applied to the Electronic Obligor Note.