Examples of Repossession Notice in a sentence
When a Post Repossession Notice is generated on an account, the account may be partially charged-off on the date that the notice legally expires.
Upon confirmation that a Home securing any such defaulted PA 5 Note has been repossessed, 21st will provide written notice to EAST\43915120.4 UMH of the Repossession (the "Repossession Notice") and demand the purchase price amount, calculated by multiplying the applicable buyback percentage for such Home (as set forth in Exhibit B) by the applicable 21st Payoff Amount for the Home (the "Defaulted Loan Repurchase Price").
The applicant needs to provide a copy of their lease together with the Notice to Quit and, where appropriate, a Repossession Notice (AT6) before loss of tenure points can be awarded.
The Repossession Notice failed to comply with the UCC by failing to advise Ms. Hartwell that the fair market value, rather than the sale price, would be deducted from the amount she owes on the loan as required by Massachusetts law, instead stating: “[t]he money from the sale of this vehicle, less any expenses incurred by [GM] may reduce or or increase the amount you owe.” Id.; Complaint, ¶ 11.Thereafter, on May 29, 2018, GM sent Ms. Hartwell a notice that it sold her vehicle.
If Landlord exercises such right to terminate, Landlord shall be entitled to recover possession of the portion of the Premises subject of the Tenant Transfer Specification on the later of (i) the proposed date for possession by such Transferee, as set out in the Tenant Transfer Notice, or (ii) forty-five (45) days after the date of Landlord's Repossession Notice.
Fee for the issue of Post Repossession Notice will be charged to the loan account.
When a Post Repossession Notice is generated on an account, the account is partially charged-off on the date that the notice legally expires.
Fee for the issue of Post Repossession Notice will be charged to the loan accountRecovery Costs: Costs incurred by a third party (e.g. repossession agent, legal provider on a solicitor-client basis, repairer) will be charged to a loan account for the invoiced amount, copies of which are available upon request.
In addition to Landlord's rights under Section 11.1, Landlord may elect by notice to Tenant (a "Landlord's Repossession Notice"), within ten (10) days of receipt of the Tenant Transfer Specification, to terminate this Lease as to that portion of the Premises subject to the Tenant Transfer Specification.
In addition to Landlord's rights under Section 15.1, and if Tenant's business does not remain operating in the Premises, Landlord may elect by notice to Tenant (a "Landlord's Repossession Notice"), within forty-five (45) days of receipt of the Tenant Transfer Notice, to terminate this Lease as to that portion of the Premises subject of the Tenant Transfer Notice.