Grantor Party definition

Grantor Party means any Person with any beneficial ownership in Grantor.
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Grantor Party means a Party who is intending to convey title to an Exchange Property at Closing.
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Grantor Party or “Grantor Parties” means Grantor, its Affiliates and/or Grantor’s successors.
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Examples of Grantor Party in a sentence

  • The matters that each grantee either approves or is deemed to have approved are “Permitted Exceptions.” If the entity receiving the Property (each “Grantee Party”) notifies the Conveying Entity (each “Grantor Party”) of any Title Objections, the Grantor Party entity has five (5) days from receipt of the Grantee Party’s notice to notify the Grantee Party whether the Grantor Party agrees to cure the Title Objections before closing (“Cure Notice”).

  • Grantor and each Grantor Party shall preserve and keep in full force and effect its entity status, franchises, rights and privileges under the laws of the state of its formation, and all qualifications, licenses and permits applicable to the ownership, use and operation of the Mortgaged Property.

  • Without the prior written consent of Beneficiary, Grantor shall not engage in any transaction affecting the Mortgaged Property with an Affiliate of Grantor or of any Grantor Party.

  • Grantor and each Grantor Party agrees to execute, re-execute, cause any third parties involved in the Loan transaction to execute and/or re-execute, and to deliver to Beneficiary or its legal counsel, as may be deemed appropriate, any document or instrument signed in connection with the Loan which was incorrectly drafted and/or signed, as well as any document or instrument which should have been signed at or prior to the closing of the Loan but which was not so signed and delivered.

  • Injuries to any persons who are expressly invited onto the Easement Area or Property by a Grantor Party rather than merely permitted to come upon the Easement Area or Property by a Grantor Party.

  • However, in the event of the commercial production of the seed of wheat variety VL Gehun 3004 the LICENSEE shall continue to pay the Royalties agreed under clause 4 of this MoA and the use will be deemed to use of the Seed as provided in clause 4.

  • Grantor shall deliver to Beneficiary such additional information regarding Grantor, its subsidiaries, its business, any Grantor Party and/or the Mortgaged Property within thirty (30) days after Beneficiary’s request therefor.

  • Neither Grantor nor any Grantor Party is in violation of any agreement, which violation would have an adverse effect on the Mortgaged Property, Grantor, or any Grantor Party or Grantor’s or any Grantor Party’s business, properties or assets, operations or condition, financial or otherwise.

  • Until the end of the Inspection Period, each Grantor Party will not enter into, amend, or terminate any contract that affects the Property other than in the ordinary course of operating the Property and will promptly give notice to Grantee Party of each new, amended, or terminated contract, including a copy of the contract, in sufficient time so that each Grantee Party may consider the information before the end of the Inspection Period.

  • Neither Grantor nor any Grantor Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the Mortgaged Property or the business, operations or condition (financial or otherwise) of Grantor or any Grantor Party.

Related to Grantor Party

  • 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.

  • Creditor Party means the Agent, the Security Trustee or any Lender, whether as at the date of this Agreement or at any later time;

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

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

  • Guaranteed Party means the Borrower and each Subsidiary thereof party to any Interest Rate Protection Agreement or Other Hedging Agreement with an Other Creditor. Each Guarantor understands, agrees and confirms that the Secured Creditors may enforce this Guaranty up to the full amount of the Guaranteed Obligations against such Guarantor without proceeding against any other Guarantor, the Borrower, any other Guaranteed Party, against any security for the Guaranteed Obligations, or under any other guaranty covering all or a portion of the Guaranteed Obligations.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States and that is not a CFC.

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

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Loan Party means the Borrower and each Guarantor.

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

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Swap Banks, and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

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

  • 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.

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

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Specified Credit Party means any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).

  • Additional Pledged Collateral means all shares of, limited and/or general partnership interests in, and limited liability company interests in, and all securities convertible into, and warrants, options and other rights to purchase or otherwise acquire, stock of, either (i) any Person that, after the date of this Agreement, as a result of any occurrence, becomes a direct Subsidiary of any Grantor or (ii) any issuer of Pledged Stock, any Partnership or any LLC that are acquired by any Grantor after the date hereof; all certificates or other instruments representing any of the foregoing; all Security Entitlements of any Grantor in respect of any of the foregoing; all additional indebtedness from time to time owed to any Grantor by any obligor on the Pledged Notes and the instruments evidencing such indebtedness; and all interest, cash, instruments and other property or Proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing, provided, that, in no event shall Additional Collateral include any Excluded Equity. Additional Pledged Collateral may be General Intangibles or Investment Property.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Guaranteed Parties means (a) each Lender, (b) each Issuing Bank, (c) the Administrative Agent, (d) each Joint Bookrunner, (e) each Person to whom any Guaranteed Cash Management Obligations are owed, (f) each counterparty to any Swap Agreement the obligations under which constitute Guaranteed Swap Obligations, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the permitted successors and assigns of each of the foregoing.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Representing Party A Person that has transferred Mortgage Loans, directly or through one or more intermediaries, to the Trustee pursuant to an agreement for the sale of Mortgage Loans pursuant to which a Representing Party has made representations and warranties with respect to certain Mortgage Loans, and under which the Trustee, its successors and assigns has recourse against such Representing Party for any breach thereunder with respect to such Mortgage Loans.

  • Bank Product Provider means Xxxxx Fargo or any of its Affiliates.

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Grantors’ Agent means Xxxxxxxx Group Holdings Limited or any other person appointed as agent of the Grantors in accordance with the Principal Finance Documents.