ENDORSEMENT OF THE NOTE Sample Clauses

The Endorsement of the Note clause establishes the requirement for the lender or note holder to formally sign or transfer the promissory note to another party. In practice, this involves the original holder endorsing the note, typically by signing the back or attaching an allonge, thereby enabling the note to be legally transferred or negotiated to a new holder. This clause ensures the proper and legal transfer of rights under the note, facilitating the sale or assignment of the debt and clarifying who has the authority to enforce repayment.
ENDORSEMENT OF THE NOTE. The Borrower hereby requests and authorizes the Lender, and, the Lender hereby agrees, to permanently affix to the Note held by the Lender, as of the Amendment Effective Date (as hereinafter defined) and in any event prior to any transfer of the Note, the following endorsement: This Note has been amended pursuant to, and as provided in, Section III.1 of the Third Amendment, dated as of April 14, 1997, to the Loan Agreement.
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Related to ENDORSEMENT OF THE NOTE

  • Endorsement The Supplier must not claim that Sourcewell endorses its Equipment, Products, or Services.

  • Payment of the Notes Not later than 10:00 a.m. (New York City time) on each due date of the principal of, premium, if any, and interest on any Notes, the Company shall deposit with the Paying Agent money in immediately available funds sufficient to pay such principal, redemption payments, premium, if any, and interest so becoming due. All the payments must be in U.S. Dollars.

  • NON-ENDORSEMENT As a result of the selection of a consultant to supply services to the City, the consultant agrees to make no reference to the City in any literature, promotional material, brochures, sales presentation or the like without the express written consent of the City.

  • Certificate of Insurance/Endorsements A certificate of insurance from an insurer with a Best's rating of no less than A- indicating compliance with the required coverages has been received by State Procurement Bureau, ▇.▇. ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇. The certificates must name the State of Montana as certificate holder and Contractor shall provide copies of additional insured endorsements required by Contractor’s commercial general liability and automobile liability policies. Contractor must notify State immediately of any material change in insurance coverage, such as changes in limits, coverages, change in status of policy, etc. State reserves the right to require complete copies of insurance policies at all times.

  • Endorsements Each Comprehensive or Commercial General Liability policy shall be endorsed with the following specific language: A. The County of Placer, its officers, agents, employees, and volunteers are to be covered as an additional insured for all liability arising out of the operations by or on behalf of the named insured in the performance of this Agreement." B. The insurance provided by the Contractor, including any excess liability or umbrella form coverage, is primary coverage to the County of Placer with respect to any insurance or self- insurance programs maintained by the County of Placer and no insurance held or owned by the County of Placer shall be called upon to contribute to a loss." C. “This policy shall not be changed without first giving thirty (30) days prior written notice and ten