Grantor owner definition

Grantor owner means an owner, whether individually, as a joint tenant, or as a tenant in common, named as a grantor in a transfer on death deed upon whose death the conveyance or transfer of the described real property is conditioned. Grantor owner does not include a spouse who joins in a transfer on death deed solely for the purpose of conveying or releasing statutory or other marital interests in the real property to be conveyed or transferred by the transfer on death deed.
Sample 1Sample 2Sample 3
Grantor owner means and refers to the then current Owner of the Grantor Property.
Sample 1Sample 2
Grantor owner means an owner named as a grantor in a
Sample 1

Examples of Grantor owner in a sentence

  • One or more authorized representatives of the Grantor (owner or operator) must be listed, and must include the name of the person who signed the agreement on behalf of the Grantor.

  • PLEDGED EQUITY Grantor (owner of Record of such Pledged Equity) Issuer Pledged Equity Description Percentage of Issuer Certificate (Indicate No.) Westell Technologies, Inc.

  • This Conservation Easement may be amended only upon the written consent of Grantee and by a recorded instrument signed by the then current Grantor (owner) of the Property (or of the parcel of the Property affected by such amendment) and Grantee.

  • The current Grantor (owner) shall reimburse Grantee for all reasonable expenses incurred by Grantee in enforcing the terms of this Conservation Easement against Grantor, including, without limitation, costs and expenses of suit and reasonable attorneys' fees, and any costs of restoration necessary to cure the violation.

  • Grantor (owner of Record of such Pledged Notes) Issuer Pledged Notes Description Subordinated Intercompany Note Westell Technologies, Inc., Westell, Inc., Conference Plus, Inc.

  • Grantor (owner of Record of such Pledged Equity) Issuer Pledged Equity Description Percentage of Issuer Certificate (Indicate No.) B.

Related to Grantor owner

  • Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Debtor means a person who is liable on a claim.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Pledged Security Entitlements means all security entitlements with respect to the financial assets listed on Schedule 4.7(c) (as such schedule may be amended from time to time) and all other security entitlements of any Grantor.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

  • Pledgor shall have the meaning assigned to such term in the Preamble hereof.

  • Pledged Entity means an issuer of Pledged Shares or Pledged Indebtedness.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any security agreement, pledge agreement, assignment, mortgage, deed of trust or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • UTI Beneficiary means NILT Trust, in its capacity as the initial beneficiary of the Titling Trust.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Permitted Security Interest means any Security Interest:

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Grantors shall have the meaning set forth in the preamble.

  • Guarantor Obligations with respect to any Guarantor, all obligations and liabilities of such Guarantor which may arise under or in connection with this Agreement (including, without limitation, Section 2) or any other Loan Document to which such Guarantor is a party, in each case whether on account of guarantee obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by such Guarantor pursuant to the terms of this Agreement or any other Loan Document).

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.