Obligor Note definition

Obligor Note means the executed promissory note or other instrument of indebtedness evidencing the indebtedness of an Obligor under a Timeshare Loan, together with any rider, addendum or amendment thereto, or any renewal, substitution or replacement of such note or instrument.

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Obligor Note means, with respect to any Loan, the promissory note, instrument or other writing entered into by the related Obligor in connection with or evidencing the indebtedness of the Obligor under such Loan.

Obligor Note means any promissory note evidencing the indebtedness of an Obligor under a Medallion Loan, together with any modifications thereto.

Examples of Obligor Note in a sentence

• The Seller has delivered to the Custodian a Lost Note Affidavit in the form of Exhibit C hereto in each instance where it is unable to provide a signed original Obligor Note or Points Purchase Contract, and the Issuer agrees that such Lost Note Affidavit shall be sufficient to satisfy the Seller's obligations hereunder.

• The Seller has delivered to the Custodian a Lost Note Affidavit in the form of Exhibit C hereto in each instance where it is unable to provide a signed original Obligor Note, and the Depositor agrees that such Lost Note Affidavit shall be sufficient to satisfy its obligations hereunder.

• The Depositor has delivered to the Custodian a Lost Note Affidavit in the form of Exhibit C hereto in each instance where it is unable to provide a signed original Obligor Note, and the Issuer agrees that such Lost Note Affidavit shall be sufficient to satisfy its obligations hereunder.

• Any amendments to such related Mortgage, related Obligor Note or any other related Loan Document required as a result of any mergers involving the Borrower or its predecessors, to maintain the rights of the Borrower or its predecessors thereunder as an obligee have been completed.

• There is no more than one original executed copy of each Obligor Note or Points Purchase Contract.

• Each of the Assignments of such related Mortgage and each related 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 Mortgage and related Obligor Note, and all monies due or to become due thereunder, and all proceeds thereof.

• DRFHC has delivered to the Custodian a Lost Note Affidavit in the form of Exhibit C hereto in each instance where it is unable to provide a signed original Obligor Note or Purchase Contract, and the Seller agrees that such Lost Note Affidavit shall be sufficient to satisfy DRFHC’s obligations hereunder.

• The Contract Original will be communicated to the Custodian immediately following the transfer of the related Electronic Obligor Note to the Issuer and upon the pledge of such Electronic Obligor Note to the Indenture Trustee by transferring the Contract Original to the related Issuer File Folder held on the Secure ECP Site (each term as defined in Section VII.a.3 below).

• On each Obligor Note Interest Payment Date, the Trustee will deposit the portion of the Obligor Interest Payment set forth in the table attached hereto as Exhibit D into the Insurance Premium Fund.

• The Seller has delivered to the Custodian a Lost Note Affidavit in the form of Exhibit B hereto in each instance where it is unable to provide a signed original Obligor Note, and the Issuer agrees that such Lost Note Affidavit shall be sufficient to satisfy the Seller's obligations hereunder.

More Definitions of Obligor Note

Obligor Note means any promissory note evidencing 100% of the indebtedness of an Obligor under a Medallion Loan or Commercial Loan, together with any modifications thereto.

Obligor Note means an executed promissory note or other instrument of indebtedness evidencing the indebtedness of

Obligor Note. The promissory note or other evidence of the indebtedness of an Loan Obligor to Borrower.

Obligor Note means the original, executed promissory note and security agreement or other instrument of indebtedness evidencing the indebtedness by an Obligor for the benefit of the Originator (or any assignee thereof) under a Solar Loan, together with any rider, addendum or amendment thereto, or any renewal, substitution or replacement of such note or instrument.

Obligor Note the original note or other instrument of indebtedness evidencing the indebtedness of an Obligor under a Loan.