Common use of Successors and Assigns; Terminology Clause in Contracts

Successors and Assigns; Terminology. The provisions hereof shall be binding upon the Borrower and the successors and assigns of the Borrower, and inure to the benefit of Lender and its successors and assigns. Where more than one Borrower is named herein, the obligations and liabilities of said Borrower shall be joint and several. Wherever used in this Security Deed, unless the context clearly indicates a contrary intent or unless otherwise specifically provided herein, the word "Borrower" shall mean Borrower and/or any subsequent owner or owners of the Property, the word "Lender" shall mean Lender or any subsequent holder or holders of this Security Deed, the word "Note" shall mean Note(s) secured by this Security

Appears in 1 contract

Samples: Debt and Security Agreement (Roberts Realty Investors Inc)

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Successors and Assigns; Terminology. The provisions hereof shall be binding upon the Borrower and the successors and assigns of the Borrower, and inure to the benefit of Lender and its successors and assigns. Where more than one Borrower is named herein, the obligations and liabilities of said Borrower shall be joint and several. Wherever used in this Security Deed, unless the context clearly indicates a contrary intent or unless otherwise specifically provided herein, the word "Borrower" shall mean Borrower and/or any subsequent owner or owners of the Property, the word "Lender" shall mean Lender or any subsequent holder or holders of this Security Deed, the word "Note" shall mean Note(s) secured by this Securityholder

Appears in 1 contract

Samples: Secure Debt and Security Agreement (Roberts Realty Investors Inc)

Successors and Assigns; Terminology. The provisions hereof shall be binding upon the Borrower and the successors and assigns of the Borrower, and inure to the benefit of Lender and its successors and assigns. Where more than one Borrower is named herein, the obligations and liabilities of said Borrower shall be joint and several. Wherever used in this Security Deed, unless the context clearly indicates a contrary intent or unless otherwise specifically provided herein, the word "Borrower" shall mean Borrower and/or any subsequent owner or owners of the Property, the word "Lender" shall mean Lender or any subsequent holder or holders of this Security Deed, the word "Note" shall mean Note(s) secured by this SecuritySecurity Deed, and the word "person" shall mean an individual, trustee, trust, corporation, partnership or unincorporated association.

Appears in 1 contract

Samples: Debt and Security Agreement (Roberts Realty Investors Inc)

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Successors and Assigns; Terminology. The provisions hereof shall be binding upon the Borrower and the successors and assigns of the Borrower, and inure to the benefit of Lender and its successors and assigns. Where more than one Borrower is named herein, the obligations and liabilities of said Borrower shall be joint and several. Wherever used in this Security Deed, unless the context clearly indicates a contrary intent or unless otherwise specifically provided herein, the word "Borrower" shall mean Borrower and/or any subsequent owner or owners of the Property, the word "Lender" shall mean Lender or any subsequent holder or holders of this Security Deed, the word "Note" shall mean Note(s) secured by this Security"

Appears in 1 contract

Samples: Secure Debt and Security Agreement (Roberts Realty Investors Inc)

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