Grantor definition

Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

Grantor in the Security Agreement shall be deemed to include the New Grantor. The Security Agreement is hereby incorporated herein by reference.

Grantor as defined in the Pledge and Security Agreement.

Examples of Grantor in a sentence

• Upon such execution and delivery, such Subsidiary will become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein.

• The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

• Nothing in this Agreement is intended to or shall impair the obligations of any Grantor, which are absolute and unconditional, to pay the First Lien Obligations as and when the same shall become due and payable in accordance with their terms.

• The Borrower agrees that, if any Subsidiary of the Borrower shall become a Grantor after the date hereof, it will promptly cause such Subsidiary to become party hereto by executing and delivering an instrument in the form of Xxxxx XXX.

• All references herein to any Grantor shall include such Grantor as a debtor-in-possession and any receiver or trustee appointed for or on behalf of such Grantor.

More Definitions of Grantor

Grantor means the entity that has established a trust for the sole benefit of the beneficiary. When established in conjunction with a reinsurance agreement, the grantor is the unlicensed, unaccredited assuming insurer.

Grantor is defined in the preamble.

Grantor and “Grantors” have the respective meanings specified therefor in the preamble to this Agreement.

Grantor shall have the meaning set forth in the preamble.

Grantor and “Grantors” are defined in the preamble.

Grantor means the owner or operator who enters into this Agreement and any successors or assigns of the Grantor.

Grantor shall also mean and be a reference to the undersigned.