Maker definition

Maker means a person who signs or is identified in a note as a person undertaking to pay.

Maker s capacity' shall mean the capacity attributed to the vehicle by the manufacturer as a maximum gross rating less the vehicle's tare, except in cases where on any day the maximum weight of any load exceeds such capacity by one third or more thereof, in which cases such maximum load shall, for the purposes of assessing the wages to be paid for that day, be deemed to be the maker's capacity.

Maker shall include their respective successors, assigns, heirs, executors and administrators.

Examples of Maker in a sentence

• Maker, intending to be legally bound, has caused its duly authorized representative to execute and deliver this Note on the date first written above.

• The execution, delivery and performance of this Note and all other agreements and instruments to be executed pursuant hereto, and the consummation of the transactions contemplated hereby, have been duly authorized and approved by all requisite action of Maker and constitute the legal, valid and binding obligations of Maker.

• After the occurrence of an Event of Default which is continuing, subject to Section 3 hereof, Payee shall have the right, by written notice to Maker, to declare the entire unpaid principal amount of this Note together with all accrued but unpaid interest immediately due and payable.

• The Maker may borrow, repay and reborrow hereunder upon the terms and conditions specified in the Credit Agreement.

• Maker hereby waives presentment, protest, demand, notice of dishonor and all other requirements of any kind.

More Definitions of Maker

Maker has the meaning set forth in the introductory paragraph.

Maker means and include all makers, co-makers and other parties signing on the face of this Note and their successors and assigns, and the use of the plural number shall include the singular, and vice versa.

Maker shall include their respective successors, assigns, heirs, executors and administrators. If Maker consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several.

Maker shall have the meaning set forth in the Preamble.

Maker has the meaning contained on page 1 of this Note.

Maker means a person who signs or is identified in a note as

Maker shall include their respective successors and assigns, provided, however, that Maker shall in no event or under any circumstance have the right without obtaining the prior written consent of Co-Lenders to assign or transfer its obligations under this Note or the other Credit Facility Documents, in whole or in part, to any other person, party or entity.