Examples of Collateral Assignment of Notes in a sentence
Notwithstanding the security interest granted by Borrower to Bank in the Collateral, Borrower understands and agrees that should Bank request such in writing, Borrower will execute and deliver to its Closing Agent(s) for subsequent delivery to Bank, a separate Collateral Assignment of Notes, Deeds of Trust/Mortgages and Security Agreement with respect to each Eligible Mortgage Loan to be funded, in whole or in part with an Advance or Advances hereunder.
This Note evidences the Loan Advances made in accordance with the terms and conditions of this Note and the Loan Agreement, and payment of this Note is secured by the Collateral Assignment of Notes and Documents.
The term "Assignment of Notes Receivable and Mortgages" shall mean a recordable Collateral Assignment of Notes Receivable and Mortgages, in the form attached hereto as Exhibit A, made by Borrower in favor of Agent, as collateral agent for each Lender, evidencing the assignment to Agent, as collateral agent for each Lender, of all of the Pledged Notes Receivable and Mortgages.
DEFINITIONS OF MAIN TERMS USED An Employment Contract: an employment contract is deemed to be a contract concluded between an Employer and the Employee, whereby the latter undertakes to work under the management or supervision of the former for a wage.
Not less than 2 Business Days prior to the making of each Loan Advance, the Borrower shall submit to Bank a Request for Advance, a form of which is attached hereto as EXHIBIT B, together with the Notes and Documents, as defined and more particularly set forth in the Collateral Assignment of Notes and Documents.
The term “Assignment of Notes Receivable and Mortgages” shall mean a recordable Collateral Assignment of Notes Receivable and Mortgages, in the form attached hereto as Exhibit A, made by Borrower in favor of Agent evidencing the assignment to Agent, as collateral agent for each Lender, of all of the Pledged Notes Receivable and Mortgages.
The Security Agreement duly executed by the Borrowers, the Intellectual Property Assignment, the Collateral Assignment of Notes, and the Acquisition Agreement Assignment.
The Note and all obligations of Borrower hereunder shall be secured by the Lease Assignments, the Collateral Assignment of Notes and Documents, the Reserve Fund Account Assignment, the Mortgage, and any and all other Loan.
By Borrower’s signature to this First Amendment to Loan and Security Agreement-Receivables, Borrower agrees to utilize the form of Collateral Assignment of Notes Receivable and Interval Mortgages set forth as Exhibit A for the initial recording in any jurisdiction where prior to the date hereof Borrower has not transferred to Lender receivables collateral or recorded a prior form of such document.
COUNTY OF __________________ } On _______________ ______, personally appeared before me, a notary public, personally known (or proved) to me to be the person whose name is subscribed to the above instrument (Collateral Assignment of Notes Receivable) who acknowledged that he/she executed the above instrument.