Examples of Endorser in a sentence
Contingent LiabilitiesAs Endorser or Co-Maker $ Legal Claims & Judgments $ Provision for Federal Income Tax $ Other Special Debt $ Description of Other Income in Section 1.
Note to Endorser: Although you are not eligible to receive a deferment, you may receive a forbearance.
Contingent LiabilitiesSalary $ Net Investment Income… $ Real Estate Income… $ Other Income (Describe below)* $ As Endorser or Co-Maker $ Legal Claims & Judgments $ Provision for Federal Income Tax $ Other Special Debt $ Description of Other Income in Section 1.
In course of transfer of a promissory note by payee and others, the parties involved may be –(a) The Endorser – the person who endorses the note in favour of another person.(b) The Endorsee – the person in whose favour the note is negotiated by endorsement.
Note to Endorser: If we discharge the full amount of the borrower’s loan for any of the conditions described above, you are no longer obligated to make any payments on the loan.