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

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


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 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 the Loan Holder to give notice to you that amounts due have not been paid.
Notice of Dishonor means the right to require Lender to give notice to
Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid. [Signatures appear on the next page.] BY SIGNING XXXXX, Xxxxxxxx accepts and agrees to the terms and covenants contained in this Note. _______________________________________ - Borrower - Borrower [Sign Original Only]
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 NOTE HOLDER to give notice to other persons that amounts due have not been paid. BORROWER: Date: [Name and Title] Date: [Name and Title] CITY: APPROVED AS TO FORM: By: Xxxx Xxxxxx, Mayor Date: Xxxxxx X. Xxxxxx City Attorney Date: Promissory Note, Secured Xxxxxx Xxxxxx Xxxx LLC revised 5-23-23 EXHIBIT 3