Notice of Dishonor definition

Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.
Notice of Dishonor means the right to require us to give notice to other person that amounts due under this Agreement have not been paid. You also waive demand for payment, protest, notice of protest and all other notices and demands, to the fullest extent permitted by applicable law.
Notice of Dishonor means the notice that a financial institution is required to give, under the laws of this state, upon presentation of an instrument that the institution dishonors. (Added by Stats. 1988, ch. 1159. Amended by Stats. 2007, ch. 422.)

Examples of Notice of Dishonor in a sentence

  • Borrower and any other person who has obligations under this Note waive the rights of Presentment and Notice of Dishonor.

  • I and any other person who has obligations under this Note waive the rights of Presentment and Notice of Dishonor.

  • Borrower waives the rights of Presentment and Notice of Dishonor.

  • The first sentence of Paragraph 8 should be changed to read: “Borrower and any other person who has obligations under this Note waive the right of Presentment and Notice of Dishonor, and waive the homestead exemption.” After the Borrower's signature lines, add: This is to certify that this is the Note described in and secured by a Deed of Trust dated , 20 on the Property located in , Virginia.

  • I and any other person who has obligations under this Note waive the rights of Presentment and Notice of Dishonor and waive the benefit of the homestead exemption as to the Property described in the Security Instrument (as defined below).


More Definitions of Notice of Dishonor

Notice of Dishonor means refers to the notice that a financial institution is required to give, under the laws of this jurisdiction, upon presentation of an instrument that the institution dishonors.
Notice of Dishonor means the right to require the Loan Holder to give notice to you that amounts due have not been paid.
Notice of Dishonor means the notice that a financial institution is required to give under the laws of New Mexico upon presentation of an instrument that the institution dishonors.
Notice of Dishonor means the right to require Lender to give notice to
Notice of Dishonor means the right to require the County to give notice to other persons that amounts due have not been paid.
Notice of Dishonor means the right to require Lender to give notice that amounts due have not been paid. Additionally, Borrower consents, and generally waives all defenses based on the following: (a) Lender renews or extends payments on required hereunder, regardless of the number of such renewals or extensions; (b) Lender releases Borrower, any endorser, Guarantor, surety, accommodation maker or any other co-signer; (c) Lender releases, substitute or impair any Collateral, (d) Lender invokes its right of set-off; (e) Lender enters into any sales, repurchases or participations of the Note to any person in any amounts and Borrower waives notice of such sales, repurchases or participations and/or (f) Lender informs any Person who guarantees this Loan, including Guarantor, of any accommodations, renewals, extensions, modifications, substitutions or future advances.
Notice of Dishonor means the right to require the Lender to give notice to other persons that amounts due have not been paid. No failure on the part of Lender to exercise, and no delay in exercising any right hereunder shall operate as a waiver of such right; nor shall any single or partial exercise by Lender of any right hereunder preclude the exercise of any other right. The remedies herein provided for are cumulative and not exclusive of any remedies provided by law. This Note is made in and shall be governed by and interpreted in accordance with the laws of the State of Colorado. This Note has been made by the Borrower as of the date first stated above. Town of Xxxxx, on behalf of its Water Enterprise: By: Mayor Pursuant to Resolution 2017-28 State of ) ) ss: County of ) The foregoing instrument was acknowledged before me by , (Name of Party Signing) as of , (Title of Party Signing) (Name of Corporation) a municipal corporation, on behalf of the corporation, this day of Witness my hand and official Seal. Notary Public My Commission expires . THIS DEED OF TRUST is made on . The grantor is the Town of Xxxxx, on behalf of its Water Enterprise, a Town-owned business as defined in Article X, Section 20 of the Colorado Constitution (“XXXXX”) (“Borrower"). The trustee is the Public Trustee of Boulder County, Colorado ("Trustee"). The beneficiary is the City of Longmont, County of Boulder, Colorado, organized and existing under the laws of the State of Colorado, and whose mailing address is 000 Xxxxxxx Xxxxxx, Xxxxxxxx, XX 00000 (the "Lender" or “Beneficiary”).