Released Note definition
Examples of Released Note in a sentence
AOLA, AOLB and Itau shall notify the Escrow Agent in writing if any such substitutions are made, and shall identify the substituted note and the Released Note or Notes for which such substitution was made.
Experience as a teacher does not count as experience in the trade.
Immediately after such exchange, for purposes of this Escrow Agreement, the Retained Note or Notes delivered to AOLA and AOLB in accordance with the immediately preceding sentence shall be deemed to be the Released Note or Notes, and the Released Note or Notes over which the Escrow Agent has taken custody pursuant to the immediately preceding sentence shall be deemed to be the Retained Note or Notes.
Upon receipt of such confirmation, the Trustee shall instruct the Custodial Agent or Securities Registrar to increase the principal amount of the Released Note held by the Custodial Agent in an amount equal to the reduced principal amount by an endorsement made by the Custodial Agent or Securities Registrar on such Released Note to reflect such increase.
Borrower may from time to time request that Bank One release a Consumer Note (the "Released Note") that constitutes Collateral so that such Consumer Note may be replaced by a corrected Consumer Note (the "Correction Note").
The Note Holders represent and warrant that they are the sole lawful owners of all of the Notes and Released Note Holder Claims free of all liens and interests, and that they have not transferred, encumbered or assigned any interest in any of the Released Claims to any person or entity.
The Note Holders agree to indemnify and hold FastFunds, Equitex and the Company Affiliates harmless from any claims, demands, actions, causes of action or suits brought against FastFunds, Equitex or the Company Affiliates by any person or entity claiming any interest in any of the Notes or Released Note Holder Claims.
Borrower may from time to time request ---------------------------- that Agent release a Mortgage Note (the "RELEASED NOTE") that constitutes Collateral so that such Mortgage Note may be replaced by a corrected Mortgage Note (the "CORRECTION NOTE") by delivering to Agent a Mortgage Document Delivery Request (Servicing) which identifies the Released Note.
Subject to the terms of the ---------------------------- Custody Agreement, Borrower may from time to time request that the Agent release a Mortgage Note (the "Released Note") that constitutes Collateral so that such ------------- Mortgage Note may be replaced by a corrected Mortgage Note (the "Correction ---------- Note") by delivery to the Agent of a Mortgage Document Delivery Request ---- (Correction) which identifies the Released Note.