Owner of record. The meaning set forth in the System Description.

Owner of record means the owner of an Authoritative Copy (in the case of an Electronic Contract that constitutes Electronic Chattel Paper) or an electronically authenticated original record of an executed Contract (in the case of an Electronic Contract that does not constitute Electronic Chattel Paper), which, within the Electronic Vault System, is the Borrower, with respect to all Receivables that are not North Carolina Receivables, and is the Trust, with respect to all North Carolina Receivables.

Owner of record means the owner indicated in the files of the department or, if the files indicate more than one owner, the one first indicated.

Examples of Owner of record in a sentence

The Collateral Custodian shall cause the Vault Partition to reflect the name of the Grantor Trust as the Owner of Record.

More Definitions of Owner of record

Owner of record means the person having recorded title to the property at any given point in time the record is provided by the Los Angeles County Recorder's Office.

Owner of record means a person who is the owner of property according to the most recently approved county tax roll.

Owner of record means the original payee entitled to the unclaimed funds, as appears in the bankruptcy case file, including the claims register;

Owner of record means the owner indicated in the files of the Department or, if the files indicate

Owner of record means (a) The owner of property as shown on the records of the county recorder in the county where the property is located; and (b) may include an individual, financial institution, company, corporation, or other entity.

Owner of record means a natural person, who is an owner of record holding an interest equal to or greater than thirty-three percent (33%) in the property, but not including any lessor, sublessor, or agent of the owner of record.