MULTIPLE ADVANCE. The principal sum shown above Is the maximum amount of principal I can borrow under this note. On ____________ I will receive the amount of $___________ and future principal advances are contemplated.
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On May 9, 1997 I will receive the amount of $______________ and future principal advances are contemplated.
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On __________________________ I will receive the amount of $___________________ and future principal advances are contemplated. CONDITIONS: The conditions for future advances are AS PER THE TERMS OF THE LINE OF CREDIT AGREEMENT OF EVEN DATE. ____________________________________________________________________________ [ ] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on _________________________________. [ ]
More Definitions of MULTIPLE ADVANCE
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On NOV. 10, 1999 I will receive the amount of $200,000,000 and future principal advances are contemplated. CONDITIONS: The conditions for future advances are AS PER THE TERMS OF THE LINE OF CREDIT AGREEMENT OF EVEN DATE. ____________________________________________________________________________ [X] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on OCTOBER 10, 2000. [ ] CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On JULY 29, 1998 I will receive the amount of $________________ and future principal advances are contemplated. Conditions: The conditions for future advances are AS REQUESTED [ ] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on ___________________________. [X] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions). INTEREST: I agree to pay interest on the outstanding principal balance from JULY 29, 1998 at the rate of 9.500% per year until AUGUST 27, 1998. [ ] Variable Rate: This rate may then change as stated below. [ ] Index Rate: The future rate will be _________________ the following index rate: ____________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ [ ] Ceiling Rate: The interest rate ceiling for this note is the _________________ ceiling rate announced by the Credit Commissioner from time to time. [ ] Frequency and Timing: The rate on this note may change as often as ________________________________________________________. A change in the interest rate will take effect ____________________________________________________________________________. [ ] Limitations: During the term of this loan, the applicable annual interest rate will not be more than _______________% or less than ________________%. The rate may not change more than _______________% each _______________________________. Effect of Variable Rate: A change in the interest rate will have the following effect on the payments: [ ] The amount of each scheduled payment will change. [ ] The amount of the final payment will change. [ ] ___________________________________________________________________________________________________________________________. ACCRUAL METHOD: Interest will be calculated on a ACTUAL/360 basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: [ ] on the same fixed or variable rate basis in effect before maturity (as indicated above). [X] at a rate equ...
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. As of this date I have received the amount of and future principal advances are comtemplated. x Conditions: The conditions for future advances are 2,500.00 MINIMUM DRAWS x Open-End Credit: You and I agree that I can borrow up to the maximum amount of principal more than one time. This option is subject to all other conditions and expires no later than August 30, 2007
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On 12-31-04 I will receive the amount of $1,450,000.00 and future principal advances are contemplated. Conditions: The conditions for future advances are --------------------- ------------------------------------------------------------------------- [X] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on December 31, 2005. [ ] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
MULTIPLE ADVANCE. The loan amount shown above is the maximum amount I can borrow under this note. On 12-02-2004 I will receive $ __________________ and future principal advances are permitted. CONDITIONS: The conditions for future advances are AT THE SOLE DISCRETION OF THE LENDER [X] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount more than one time. All other conditions of this note apply to this feature. This feature expires on 03-02-2005 .
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On 10-29-2008 I will receive the amount of $___________ and future principal advances are contemplated. Conditions: The conditions for future advances are CUSTOMER TO SIGN REQUEST FOR ADVANCE FORM ___________________________________________________________________________
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On DEC. 3, 1999 I will receive the amount of $_____________ and future principal advances are comtemplated. Conditions: The conditions for future advances are AS PER THE TERMS OF THE LINE OF CREDIT AGREEMENT OF EVEN DATE. [X] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on NOVEMBER 10, 2000. [ ] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions.)