Maker definition

Maker means a person who signs or is identified in a note as a person undertaking to pay.
Maker s capacity' shall mean the capacity attributed to the vehicle by the manufacturer as a maximum gross rating less the vehicle's tare, except in cases where on any day the maximum weight of any load exceeds such capacity by one third or more thereof, in which cases such maximum load shall, for the purposes of assessing the wages to be paid for that day, be deemed to be the maker's capacity.
Maker shall include their respective successors, assigns, heirs, executors and administrators.

Examples of Maker in a sentence

  • The Outstanding Principal Balance (as defined herein) shall be due and payable either upon the demand of the Payee or redemption by Maker as set forth in Section 2(c) hereof.

  • Payments of the Outstanding Principal Balance will be credited by Maker to Payee’s Account on or prior to the repayment of the Bond at the demand of the Payee or the redemption of the Bond by the Maker.

  • This Bond is not secured by any mortgage, lien, pledge, charge, financing statement, security interests, hypothecation, or other security device of Maker of any type, and is a general obligation of the Maker.

  • This Bond shall not be modified except by a writing signed by both the Maker and the Payee.

  • The Maker shall pay the Payee all sums which are payable pursuant to the terms of this Bond without setoff, recoupment or deduction of any kind or for any reason whatsoever.


More Definitions of Maker

Maker has the meaning set forth in the introductory paragraph.
Maker means and include all makers, co-makers and other parties signing on the face of this Note and their successors and assigns, and the use of the plural number shall include the singular, and vice versa.
Maker shall have the meaning set forth in the Preamble.
Maker shall include their respective successors, assigns, heirs, executors and administrators. If Maker consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several.
Maker has the meaning contained on page 1 of this Note.
Maker means a person who signs or is identified in a note as
Maker means VALLEY FORGE DENTAL ASSOCIATES, INC., a Delaware corporation, and RIVERHEARST, INC., a Delaware corporation, the joint and several obligors under this Note, and shall also mean any successor corporation of either of them which shall become such in the manner prescribed in Section 6 hereof.