Covenantor definition

Covenantor means the Person or Persons, if any, who execute this Mortgage as “Covenantor” and their respective heirs, personal representatives, successors or permitted assigns, as the case may be;

Covenantor means any person who has executed the Mortgage Form as a covenantor or who, as a covenantor, has otherwise covenanted in writing to pay the Principal Amount, interest thereon and all other monies owing to the Lender under this Mortgage.

Covenantor wherever used in this Mortgage shall include the heirs, executors, personal representatives, administrators, successors and assigns of the Borrower, the Lender and the Covenantor, respectively, and wherever the singular or masculine is used throughout this Mortgage the same shall be construed as meaning the plural or the feminine or body corporate or politic where the context so require. All covenants, liabilities, and obligations of the Borrower and Covenantor under this Mortgage shall be equally binding upon his, hers, its or their heirs, executors, personal administrators, successors and assigns, respectively, and that all such covenants, liabilities, advantages, privileges, immunities, powers and things hereby secured to the Lender shall be equally secured to and exercisable by its successors and assigns. If the Borrower or Covenantor is comprised of more than one person the covenants on the part of the Borrower and the Covenantor, respectively, herein contained shall be joint and several covenants.

Examples of Covenantor in a sentence

• Notwithstanding the foregoing, the foregoing limitation shall not be applied to any other breach, obligation or liability of any Covenantor under any Transaction Agreement, at law or in equity; provided that, in which case, the indemnification amount under this Section 7 shall be determined by the award of the arbitration tribunal in accordance with Section 10.4 of this Agreement.7.3 Survival of Warranties.

• If there is more than one Covenantor, the covenants herein contained shall be joint and several.

• Covenantor also agrees and understands that such remedies shall be in addition to any and all remedies, including damages, available to the Holding Company or its subsidiaries against Covenantor for such breaches or threatened or attempted breaches.

• Covenantor hereby consents to the granting of an injunction (temporary or otherwise) against Covenantor or to the entering of any other court order against Covenantor prohibiting and enjoining Covenantor from violating, or directing Covenantor to comply with, any provision of this Section 4.

• This Agreement contains the entire agreement between Covenantor, the Holding Company, Xxxxxx and Xxxxxx Bank with respect to the subject matter hereof and it is the complete, final and exclusive embodiment of our agreement with regard to this subject matter hereof.

More Definitions of Covenantor

Covenantor means any of them.

Covenantor means, in relation to an indemnity, the person undertaking to indemnify the Beneficiary; and

Covenantor means any of the Covenantors.

Covenantor means the Person or Persons, if any, who execute the Mortgage Form and agree to be bound by the terms and conditions of this Mortgage as “Covenantor” and their respective heirs, personal representatives, successors or permitted assigns, as the case may be;

Covenantor means any person who has executed this Mortgage as a covenantor or who, as a covenantor, has otherwise covenanted in writing to pay the Principal Amount, interest thereon and all other monies owing to the Lender under this Mortgage.

Covenantor has the meaning set forth in Section 4.1.

Covenantor any “Obligor” or any “Party” shall be construed so as to include its successors in title, permitted assigns and permitted transferees;