NOTICE TO BORROWER definition

NOTICE TO BORROWER. The mortgagor or trustor (Xxxxxxxx) is personally obligated and fully liable for the amount due under this Note as provided in Section 9 of this Note. The mortgagee or beneficiary (Xxxxxx) has the right to sue on this Note and obtain a personal judgment against the mortgagor or trustor (Borrower) for satisfaction of the amount due under this Note either before or after a judicial foreclosure of the Instrument under AS 09.45.170 - 09.45.220.
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NOTICE TO BORROWER. This written agreement is the final expression of the agreement between you and the Lender, and as such it may not be contradicted by evidence of any prior oral agreement or of a contemporaneous oral agreement between you and the Lender.
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NOTICE TO BORROWER means a notice, substantially in the form of Exhibit N hereto, which the Buyer may instruct the Backup Servicer to send to each borrower of a Purchased Asset subject to a Transaction after the occurrence and continuance of an Event of Default.
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Examples of NOTICE TO BORROWER in a sentence

  • Failure of Lender to send Notice to Borrower or its Principal(s) shall not prevent the exercise of Lender’s rights or remedies under this Security Instrument or under the Loan Documents.

  • Any waiver by Lender of the requirement that Borrower remit Imposition Deposits to Lender may be revoked by Lender, in Lender's discretion, at any time upon Notice to Borrower.

  • The Note or a partial interest in the Note (together with this Security Instrument) may be sold one or more times without prior Notice to Borrower.

  • Until Lender gives Notice to Borrower of Lender's exercise of its rights under this Section 4, Borrower shall have all rights, power and authority granted to Borrower under any Lease (except as otherwise limited by this Section or any other provision of this Security Instrument), including the right, power and authority to modify the terms of any Lease or extend or terminate any Lease.

  • Lender shall deliver to the Principal(s) of Borrower, Notice, as provided in Section 31, within five (5) Business Days in each case where Lender has delivered Notice to Borrower of an Event of Default, in order to provide the Principal(s) an opportunity to cure either a Monetary Event of Default or a Covenant Event of Default.

  • The Note or a partial interest in the Note (together with this Loan Agreement and the other Loan Documents) may be sold one or more times without prior Notice to Borrower.

  • Distributions shall not be taken after HUD has given Notice to Borrower of a Violation under this Agreement or an Event of Default occurs under the Note or Security Instrument.

  • If Borrower fails to provide in a timely manner the statements, schedules and reports required by Sections 6.07(b), 6.07(c) and 6.07(f), Lender will give Notice to Borrower specifying the statements, schedules and reports required by Sections 6.07(b), 6.07(c) and 6.07(f) that Borrower has failed to provide.

  • Notice to Borrower of Lender’s exercise of its rights to require an audit will not be required in the case of an emergency, as determined in Lender’s Discretion, or when an Event of Default has occurred and is continuing.

  • If an Event of Default has occurred and is continuing, the entire unpaid principal balance, any accrued interest, any prepayment premium payable under Section 10 of this Project Note, and all other amounts payable under this Project Note and any other Financing Document, shall at once become due and payable, at the option of Holder, without any prior Notice to Borrower (except if notice is required by applicable law, then after such notice).


More Definitions of NOTICE TO BORROWER

NOTICE TO BORROWER. Any notice required to be given by Bank under the provisions of this Note shall be effective as to each Borrower and each Obligor when addressed to Borrower and deposited in the mail, postage prepaid, for delivery by first class mail at Borrower's mailing address as it appears on Bank's records.
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NOTICE TO BORROWER. Second Mortgage (MRB 016) 8. Copy of Homebuyer Education Certificate 9. Teacher/School District Executed HAT Loan Agreement, if applicable, upload copy & Mail Original to MHC Attn: Single-Family MHC must receive the uploaded Reservation package documents within 10 calendar days of receiving the reservation confirmation. COMPLIANCE PACKAGE
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NOTICE TO BORROWER. Name: Address: Phone: E-mail: Fax: Notice to Lender: Name: 000-000-0000 xxxxx@xxxxxxxxxx.xx Xxxxxxx Xxxxxx Xxxxxxx 000 Xxxxxxxxx Xxx. Xxxxx 000, Xxxxxxx 5037030740 xxxx@xxxxxxxxxx.xx Xxxxxx Xxxxxxx Xxxxx Xxxxxxx Address: Xxx Xxxxxxxxxx 00X Xxxxxx Xxxx Phone: E-mail: Fax: 000-0000-0000 xxxxxxxx@xxxxxxxxxxx.xxxx
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NOTICE TO BORROWER means a notice substantially in the form attached hereto as EXHIBIT AA-1 advising the applicable Borrower of the assignment of the lender's interest under the applicable Loan Documents and directing that all amounts becoming due and payable under the applicable Loan Documents from and after the Closing Date be paid to or at the direction of the Purchaser.
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Related to NOTICE TO BORROWER

  • Borrower Notice has the meaning specified in Section 7.12(b)(iv).

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Borrowing Notice is defined in Section 2.8.

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • The Borrower has advised the Banks that the Borrower is currently working on a revised business plan which will include, among other things, a request to restructure the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions concerning the proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, an April 14, 2000, letter agreement, a May 5, 2000, letter agreement, a May 19, 2000, letter agreement, a June 1, 2000, letter agreement, a June 9, 2000, letter agreement, a June 16, 2000, letter agreement, a June 29, 2000, letter agreement, a July 21, 2000, letter agreement, an August 11, 2000, letter agreement, and a September 8, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to October 13, 2000 (the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from September 29, 2000, to the Waiver Termination Date, and (iii) amend the due date for the payment of principal, interest and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from September 29, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to amend the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date, provided that:

  • Borrower as defined in the preamble hereto.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Notice of Continuation or Conversion has the meaning provided in Section 2.10(b).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Extension Notice has the meaning specified in Section 308.

  • Borrowing Agent means any of the following:

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Notice of Conversion or Continuation shall have the meaning provided in Section 2.6(a).

  • Notices of Borrowing means, collectively, the Notices of Revolving Borrowing and the Notices of Swingline Borrowing.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit D.

  • Administrative Borrower has the meaning set forth in Section 17.9.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Advance shipment notice means an electronic notification used to list the contents of a shipment of goods as well as additional information relating to the shipment, such as passive radio frequency dentification (RFID) or item unique identification (IUID) information, order information, product description, physical characteristics, type of packaging, marking, carrier information, and configuration of goods within the transportation equipment.