Evidence of debt definition

Evidence of debt means a writing that evidences a promise to pay or a right to the payment of a monetary obligation, such as a promissory note, bond, negotiable instrument, a loan, credit, or similar agreement, or a monetary judgment entered by a court of competent jurisdiction.
Evidence of debt means a Written instrument, including a Negotiable Instrument, executed, or purportedly executed, by a customer of the Insured and held by the Insured or an Investment Adviser that in the regular course of business is treated as evidencing the customer's debt to the Insured.
Evidence of debt means an instrument, in- cluding a "negotiable instrument", executed by a person and held by you which in the regular course of business is treated as evidencing that person's debt to you.

Examples of Evidence of debt in a sentence

  • In any legal action or proceeding arising out of or in connection with this Agreement, the entries made in the accounts maintained pursuant to clause 27.1 (Evidence of debt) shall be prima facie evidence of the existence and amounts of the specified obligations of the Issuer.

  • Evidence of debt and security for repayment, deeds of trust, non- recourse and partial release provisions, negotiating loan documents, and various special district clauses are covered.

  • Evidence of debt is part of this contract, and has equal legal effect.

  • Owner died without a Will (Intestate) and the Estate has been administrated (Laws of Descent and Distribution will apply as relevant): • Certificate of Death for Owner • Certified copy of administration of proceedings • Evidence of debt and taxes being paid • Final Decree and/or Certificate of Transfer Owner died without a Will (Intestate) and no administration will occur: • Certificate of Death for Owner • An Affidavit of Heirship properly completed and notarized.

  • Evidence of debt (if any): ………………………………………………...…………..……..……… Amount owing at end of marriage, civil union, or de facto relationship: ………...……..…..…..….


More Definitions of Evidence of debt

Evidence of debt means an instrument, including a Negotiable Instrument, executed by a customer of the ASSURED and held by the ASSURED, which in the regular course of business is treated as evidencing the customer's debt to the ASSURED.
Evidence of debt means all bonds, notes, demands, claims, deposits or investments however
Evidence of debt means a note or negotiable instrument.
Evidence of debt means all bonds, notes, demands, claims, deposits or investments however evidenced and whether secured by mortgage, deed of trust, judgment or otherwise or not so secured, and includes but is not limited to:
Evidence of debt means an instrument, including a Negotiable Instrument, executed by a customer of the ASSURED and held by the ASSURED, which in the regular course of business is treated as evidencing the customer’s debt to the ASSURED.
Evidence of debt means, with respect to any Loan, each Loan Note, Loan Agreement or other agreement, instrument or record evidencing an obligation of the Loan Obligor to repay such Loan.
Evidence of debt. Each Bank shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it hereunder.