Evidence of indebtedness means a note, draft or similar negotiable or nonnegotiable instrument.
Evidence of indebtedness. The Bank shall open and maintain at the Branch of Account, accounts and records evidencing the Borrowings made available to the Borrower by the Bank under this agreement. The Bank shall record the principal amount of such Borrowings, the payment of principal and interest on account of the loans, and all other amounts becoming due to the Bank under this agreement. The Bank's accounts and records constitute, in the absence of manifest error, PRIMA FACIE evidence of the indebtedness of the Borrower to the Bank pursuant to this agreement. The Borrower authorizes and directs the Bank to automatically debit, by mechanical, electronic or manual means, any bank account of the Borrower for all amounts payable under this agreement, including but not limited to, the repayment of principal and the payment of interest, fees and all charges for the keeping of such account.
Examples of Evidence of indebtedness in a sentence
Section 2(1) of the Securities Act broadly defines the term “security” to include, among other things, any: • Stock; • Note; • Bond; • Debenture; • Evidence of indebtedness; • Investment contract; or • Interest or instrument commonly known as a security.33 The U.S. Supreme Court has repeatedly emphasized that the definition of “security” is quite broad.
Copies of all legal, financial, engineering, and inspection contracts that will be paid from the loan proceeds.(b) Evidence of indebtedness.
Evidence of indebtedness Entries made by the lender in its books, records and files in connection with the loan granted to the surety under this agreement shall constitute, in the absence of glaring error, an indisputable evidence of indebtedness of the surety to the lender.
Evidence of indebtedness of all kinds, whether secured by mortgage, pledge, deed of trust or otherwise will not require the approval of the Pueblo of Acoma or the Secretary of the Interior, except when the use of trust or federally restricted Indian property requires such approval, and/or when specific approval is otherwise required under this Title.
Evidence of indebtedness: To issue, execute, and deliver mortgages, notes and other obligations and to conduct all business as conducive to the purposes and powers herein set forth.
More Definitions of Evidence of indebtedness
Evidence of indebtedness. Any deferred portion of the purchase price payable in accordance with Sections 7.2.1 or 7.2.2 hereinabove, shall be evidenced by a promissory note which shall bear annual interest at (a) the prime rate as reported in The Wall Street Journal, for purchases in accordance with 7.2.1; or (b) the rate, if any, as included in the Notice to Sell. Such promissory note shall provide for acceleration of the entire remaining balance in the event of a default in the payment of any installment not cured within seven days after its due date. The maker shall have the right to prepay all or any of said notes in the inverse order of their maturity, with interest, but without premium or penalty.
Evidence of indebtedness. The bank shall open and maintain at the Branch of Account accounts and records evidencing the Borrowings made available to the Borrower by the Bank under this agreement. The Bank shall record the principal amount of such Borrowings, the payment of principal and interest on account of the loans, and all other amounts becoming due to the Bank under this agreement. The Bank's accounts and records constitute, in the absence of manifest error, prima facie evidence of the indebtedness of the Borrower to the Bank pursuant to this agreement. The Borrower authorizes and directs the Bank to automatically debit, by mechanical, electronic or manual means, any bank account of the Borrower for all amounts payable under this agreement, including but not limited to, the repayment of principal and the payment of interest, fees and all charges for the keeping of such bank accounts.
Evidence of indebtedness. Promissory Note (Base Rate) to be signed by Borrower in the form of Exhibit A hereto (the Note).
Evidence of indebtedness. The Bank shall open and maintain at the Branch of ------------- Account accounts and records evidencing the Borrowings made available to the Borrower by the Bank under this agreement. The Bank shall record the principal amount of such Borrowings, the payment of principal and interest on account of the loans, and all other amounts becoming due to the Bank under this agreement. The Bank's accounts and records constitute, in the absence of manifest error, PRIMA FACIE evidence of the indebtedness of the Borrower to the Bank pursuant to this agreement. BIOCLEAR TECHNOLOGY INC. PAGE 6 -------------------------------------------------------------------------------- The Borrower authorizes and directs the Bank to automatically debit, by mechanical, electronic or manual means, any bank account of the Borrower for all amounts payable under this agreement, including but not limited to, the repayment of principal and the payment of interest, fees and all charges for the keeping of such bank accounts.
Evidence of indebtedness means with respect to each Account, the original or any copy (including any microfilm, microfiche, photocopy or machine readable format) of: (a) a promissory note, rewrite contract, loan application, statements, record of debt, account, agreement, document or instrument and any other evidence of debt owed by an obligor, which a creditor could reasonably rely in asserting that the same represents a balance due and owing, any Account payment history data or computer printouts, creditor notations or any other Account summary (b) the spreadsheet listing the Accounts and balances which is a schedule to the Xxxx of Sale; (c) any such documents relating to any guarantor or co-maker on an Account (if any); and (d) any obligation or other evidence extending or renewing the Account.
Evidence of indebtedness. The Bank shall record on its records the amount of all loans made hereunder, payments made in respect thereto, and all other amounts becoming due to the Bank under this Agreement. The Bank's records constitute, in the absence of manifest error, conclusive evidence of the indebtedness of the Borrower to the Bank pursuant to this Agreement.
Evidence of indebtedness means with respect to each Asset: (a) each available account agreement and signature card ("Account Agreement"), or other available account agreement between Obligor and Seller, for such Asset, judgment, deficiency or charge-off; and (b) any other available evidence as mutually agreed upon by Buyer and Seller, including, without limitation, any Asset account history data or computer printouts, notations or any other Asset summary information upon which a creditor could reasonably rely in asserting that the same represents a balance due and owing on a right of collection. The term "Evidence of Indebtedness" does not include any correspondence, reports, information, internal analysis which is unrelated to enforcement of the Asset or any attorney-client privileged materials or memorandum, credit information, regulatory reports, and/or internal assessments of valuation prepared for or on behalf of Seller. THE EXISTENCE OF AN EVIDENCE OF INDEBTEDNESS SHALL NOT BE DEEMED TO IMPLY THAT THE DEBT EVIDENCED THEREBY IS COLLECTIBLE. WITHOUT REGARD TO ANY EVIDENCE OF INDEBTEDNESS, ONE OR MORE ASSETS, HOWEVER, MAY BE SUBJECT TO RESTRICTIONS DUE TO DEATH, INCAPACITY, INCARCERATION, BANKRUPTCY OR A STATUTE OF LIMITATIONS, provided, however, that the mention of such conditions in this Section 1.10 shall not affect the enforceability of any representation, warranty or covenant with respect to any Asset made by Seller hereunder. Evidence of Indebtedness may include, without limitation, original documents or copies thereof, whether by photocopy, microfiche, microfilm or other reproduction process.