Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. "Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If my right to receive money from you is also owned by someone who has not agreed to pay this note, your right of set-off will apply to my interest in the obligation and to any other amounts I could withdraw on my sole request or endorsement. Your right of set-off does not apply to an account or other obligation where my rights are only as a representative. It also does not apply to any Individual Retirement Account or other tax-deferred retirement account. You will not be liable for the dishonor of any check when the dishonor occurs because you set off this debt against any of my accounts. I agree to hold you harmless from any such claims arising as a result of your exercise of your right of set-off.
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. "Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If my right to receive money from you is also owned by someone who has not agreed to pay this note, your right of set-off will apply to my interest in the obligation and to any other amounts I could withdraw on my sole request or endorsement. Your right of set-off does not apply to an account or other obligation where my rights are only as a representative. It also does not apply to any Individual Retirement Account or other tax-deferred retirement account. You will not be liable for the dishonor of any check when the dishonor occurs because you set off this debt against any of my accounts. I agree to hold you harmless from any such claims arising as a result of your exercise of your right to set-off. DEFAULT - I will be in default if any one or more of the following occur: (1) I fail to make a payment on time or in the amount due; (2) I fail to keep the Property insured, if required; (3) I fail to pay, r keep any promise, on any debt or agreement I have with you; (4) any other creditor of mine attempts to collect any debt I owe him through court proceedings; (5) I die, am declared incompetent, make an assignment for the benefit of creditors, or become insolvent (either because my liabilities exceed my assets or I am unable to pay my debts as they become due); (6) I make any written statement or provide any financial information that is untrue or inaccurate at the time it was provided; (7) I do or fail to do something which causes you to believe you will have difficulty collecting the amount I owe you; (8) any collateral securing this note is used in a manner or for a purpose which threatens confiscation by a legal authority; (9) I change my name or assume an additional name without first notifying you before making such a change; (10) I fail to plant, cultivate and harvest crops in due season; (11) any loan proceeds are used for a purpose that will contribute to excessive erosion of highly erodible land or the conversion of wetlands to produce and agricultural commodity, as furt...
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation "Any amount due and payable under this note " means the total amount of which you are entitled to and under the terms of this note at the time you set off. This total includes any balance the date for which you properly accelerate under this note. If my right to receive money from you is also owned by, someone who has not agreed to pay this note, your right of set-off will apply to my interest in the obligation and to other amounts I could Withdraw on my sole request or endorsement, Your right of set-off does not apply to an account of other obligation where my rights are only as a representative. It also does not apply to any individual Retirement Account or other tax-deferred retirement account.
Examples of Right to receive money from you in a sentence
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation.
I will not assign my obligation under this agreement without 'Right to receive money from you' means:your prior written approval.
More Definitions of Right to receive money from you
Right to receive money from you means: number of us together, to collect this note. You may do so without any
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; Any person who signs within this box does so to giver you a security interest in the Property described on page 1 and this page. This person does not promise to pay the Note. “I” as used in this Security Agreement will include the borrower and any person who signs within this box. Date: ______________ Signed: _________________________________ 6 of 8
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. "Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If my right to receive money from you is also owned by someone who has not agreed to pay this note, your right of set-off will apply to my interest in the obligation and to any other amounts I could withdraw on my sole request or endorsement. Your right of set-off does not apply to an account or other obligation where my rights are only as a representative. It also does not apply to any Individual Retirement Account or other tax-deferred retirement account. You will not be liable for the dishonor of any when the dishonor occurs because you set off this debt against any of my accounts. I agree to hold you harmless from any such claims arising as a result of your exercise of your right of set-off. REAL ESTATE OR RESIDENCE SECURITY: If this note is secured by real estate or a residence that is personal property, the existence of a default and your remedies for such a default will be determined by applicable law, by the terms of any separate instrument creating the security interest and, to the extent not prohibited by law and not contrary to the terms of the separate security instrument, by the "Default" and "Remedies" paragraphs herein.
Right to receive money from you means: Notwithstanding anything to the contrary. I do not agree to pay (1) any deposit account balance I have with you and you do not intent to charge any rate of interest that is (2) any money owed to me on an item presented to you or in higher than the maximum rate of interest you could charge under you possession for collection or exchange; and applicable law for the extension of credit that is agreed to here (3) any repurchase agreement or other nondeposit obligation. (either before or after maturity). If any notice of interest accrual is sent and is in error, we mutually agree to correct it, "Any amount due and payable under this note" means the total and if you actually collect more interest than allowed by law and amount of which you are entitled to demand payment under the this agreement, you agree to refund it to me. terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerated under INDEX RATE: The index will serve only as a device for setting the the note. rate on this note. You do not guarantee by selecting this index, If my right to receive money from you is also owned by someone or the margin, that the rate on this note will be the same rate who has not agreed to pay this note, your right to set off will you charge on any other loans or class of loans to me or other apply to may interest in the obligation and to any other amounts borrowers. I could withdraw on
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an Item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If someone who has not agreed to pay this note also owns my right to receive money from you, your set-off right will apply to my interest in the obligation, and to any other amounts I could withdraw on my sole request or endorsement. You will not be liable for this dishonor of any check when the dishonor occurs because you set off this debt against one of my accounts. I will assume the liability and relieve you of all responsibility for any such claim that occurs If you set off this debt against one of my accounts.
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owned to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. "Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If my right to receive money from you is also owned by someone who has not agreed to pay this note, your right of set-off will apply to my interest in the obligation and to any other agreement I could withdraw on my sole request or endorsement. Your right of set-off does not apply to an account or other obligation where my rights are only as a representative. It also does not apply to any Individual Retirement Account or other tax-deferred retirement account. You will not be liable for the dishonor of any check when the dishonor occurs because you set off this debt against any of my accounts. I agree to hold you harmless from any such claim arising as a result of your exercise of your right of set-off.
Right to receive money from you means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement, or other nondeposit obligation.