Payoff Notice definition

Payoff Notice. The certification delivered by the Servicer in connection with any payment in full of the outstanding principal balance of a Mortgage Loan pursuant to Section 3.07, to be substantially in the form of Exhibit H.
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Payoff Notice has the meaning set forth in Section 7.5(b) of the Loan Agreement.
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Payoff Notice means a written notice, in the form of Exhibit A hereto, duly completed and dated, signed on behalf of an Authorized Person of the Administrative Agent, and given in accordance with Article VIII.
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Examples of Payoff Notice in a sentence

  • Successful candidates will be expected to sign a contract of employment, disclosure of benefits and interests and a performance contract (where applicable) with the employer.A covering letter with at least two contactable references (managers, subordinates or peers), must accompany the completed prescribed application form (available on request at Tel.

  • Said Loan Request, Interest Rate Election and Payoff Notice shall, as applicable, identify the Lender which has agreed to fund any Negotiated Loan.

  • Only one Loan Request, Interest Rate Election and Payoff Notice requesting Primary Loans and only one Loan Request, Interest Rate Election and Payoff Notice requesting Swing Loans shall be submitted to the Lead Administrative Agent on any date.

  • Immediately upon the payment of all Obligations (other than any contingent obligations in respect of which no claim for reimbursement has been made) of New Mountain pursuant to the Loan Agreement, and termination of the Loan Agreement, the Administrative Agent shall deliver a Payoff Notice to the Safekeeping Agent in the form attached hereto as Exhibit B.

  • Importantly, the Lift Stay Order lays out the procedure for GACP to abandon any of its collateral: “Prior to the Payoff Notice Date, the Agent shall not abandon any of the Stay Relief Collateral without consent of the Debtors, the Committee, and the Prepetition ABL Agent (or their successors and assigns) or order of the Court.” (Case No. 20-33627, ECF No. 553 at 8).

  • Following the receipt of a Payoff Notice, the Safekeeping Agent shall continue to hold the Assets pursuant to the terms of this Agreement and, with respect to the transfer and release of any Assets or any other matter referred to in this Agreement regarding the Assets or Accounts, the Safekeeping Agent shall comply with Proper Instructions.

  • The Company may elect from time to time to convert Federal Funds Rate Loans to Eurodollar Loans by giving the Lead Administrative Agent at least three Eurodollar Business Days’ prior irrevocable notice of such election by delivery of a duly executed Loan Request, Interest Rate Election and Payoff Notice.

  • If temperature cannot fulfil the specific requirement, the graphitic structure will not be completely developed, which refers to the materials consist of graphitic crystallite and turbostratic quasicrystalline [12].

  • Except for a request for a Negotiated Loan or a Swing Loan made after 10:00 a.m. (Los Angeles time) on a given date, only one consolidated Loan Request, Interest Rate Election and Payoff Notice requesting Loans and/or GNMA Pool Advance Loans shall be submitted to the Credit Agent on any date.

  • However the 2004 National Transfusion Guideline and the Health Care Inspectorate (Inspectie voor de Gezondheidszorg, IGZ) regard participation as the norm.


More Definitions of Payoff Notice

Payoff Notice. The Form of Payoff Notice attached hereto as Exhibit B.
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Payoff Notice has the meaning set forth in Section 7.3(b) of the Loan Agreement. GWG DLP Funding IV, LLC Fourth Amended and Restated Loan and Security Agreement
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Related to Payoff Notice

  • Payoff Letter shall have the meaning set forth in Section 6.13.

  • Payoff statement means a written statement furnished by the mortgage servicer which sets forth all of the following:

  • Shelf Notice See Section 2(c) hereof.

  • Payoff Amount means with respect to a Receivable as of the close of business on the last day of a Collection Period, the remaining principal balance of such Receivable, plus accrued but unpaid interest thereon, and related fees.

  • Tender Notice means the Tender Notice set out in Part 1 of this TenderDocument;

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Payoff Letters has the meaning set forth in Section 6.6.

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Step-In Notice has the meaning set out in Section 3.1;

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Payment Notice has the meaning assigned to it in Section 8.06(c).

  • Written Notice means a notice or communication in writing and shall be deemed to have been duly served if delivered in persons to the individual or to a member of the contractors firm or to an office of the company for whom it is intended, or if delivered at or sent by registered mail to the last business address known to him who gives the notice.

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Acquisition Notice has the meaning set forth in Section 2.6(a).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Funding Notice means a notice substantially in the form of Exhibit A-1.

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.