Common use of Payee Clause in Contracts

Payee. Reference in this Note to “Payee” shall mean the original Payee hereunder so long as such Payee shall be the holder of this Note and thereafter shall mean any subsequent holder of this Note.

Appears in 3 contracts

Samples: Deed of Trust Note (Innkeepers Usa Trust/Fl), Deed of Trust Note (Innkeepers Usa Trust/Fl), Deed of Trust Note (Innkeepers Usa Trust/Fl)

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Payee. Reference in this Note to "Payee" shall mean the original Payee hereunder so long as such Payee shall be the holder of this Note and thereafter shall mean any subsequent holder of this Note.

Appears in 3 contracts

Samples: Deed of Trust Note (Equity Inns Inc), Deed of Trust Note (Equity Inns Inc), Promissory Note (Candlewood Hotel Co Inc)

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