Examples of Loan Request in a sentence
The Borrower acknowledges that FSL may accept and act on Loan Requests submitted by the Broker, on the basis of this authority and without further inquiry with the Borrower (and that the Borrower will be bound by any Loan Agreement(s) resulting from any such Loan Request), until and unless FSL receives written notice of cancellation of this authority from the Borrower which the parties acknowledge and agree that the Borrower mayprovide at any time.
If the Insurer does not accept the Borrower’s proposal for Insurance within 21 days of FSL’s acceptance of a Loan Request, FSL may by written notice to the Borrower terminate the applicable Loan Agreement.
Upon acceptance of a Loan Request by FSL a loan agreement (“Loan Agreement”) is automatically made between FSL (as lender) and the Borrower on the terms set out in the applicable Loan Request and this PFMA.
The Borrower may from time to time make a request to FSL to lend it money to fund insurance premiums by submitting (or its Broker submitting) to FSL a Loan Request.