Grantor definition

Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

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Grantor in the Security Agreement shall be deemed to include the New Grantor. The Security Agreement is hereby incorporated herein by reference.

Examples of Grantor in a sentence

Each Obligated Party shall, and shall cause each of its Subsidiaries and each other Obligated Party to, execute and deliver such further agreements and instruments and take such further action as may be requested by Lender to carry out the provisions and purposes of this Agreement and the other Loan Documents and, in the case of each Grantor, to create, preserve, and perfect the Liens of Lender in the Collateral.
Each Grantor shall mark its books and records to reflect the security interest of Lender under this Agreement.
Each Grantor hereby waives (to the extent permitted by Law) all rights of redemption, stay and/or appraisal which it now has or may at any time in the future have under any Law now existing or hereafter enacted.
If the security interest granted hereby in any rights of such Grantor under any contract included in the Collateral is expressly prohibited by such contract, then the security interest hereby granted therein shall nonetheless remain effective to the extent allowed by Article 9 of the UCC or other applicable Law but is otherwise limited by that prohibition.
Except as otherwise provided in this Agreement, Quail Tools shall collect and enforce, at Quail Tools’ sole cost and expense, all amounts due or hereafter due to such Grantor under any of its Accounts, other than any Account with a past due balance of ninety (90) days or longer as of the Closing Date.

Grantor means the entity that has established a trust for the sole benefit of the beneficiary. When established in conjunction with a reinsurance agreement, the grantor is the unlicensed, unaccredited assuming insurer.

Grantor is defined in the preamble.

Grantor and “Grantors” have the respective meanings specified therefor in the preamble to this Agreement.

Grantor means the owner or operator who enters into this Agreement and any successors or assigns of the Grantor.

Grantor shall have the meaning set forth in the preamble.

Grantor shall also mean and be a reference to the undersigned.

Grantor as defined in the preamble hereto.