ADDITIONAL LOAN TERMS Clause Samples
ADDITIONAL LOAN TERMS. The BORROWER and LENDER, hereby further set forth their rights and obligations to one another under this Loan Agreement and Promissory Note and agree to be legal bound as follows:
ADDITIONAL LOAN TERMS. The Parties hereby further set forth their rights and obligations to one another under this Loan Agreement and agree to be legally bound as follows:
ADDITIONAL LOAN TERMS. Subject to the company’s approval
ADDITIONAL LOAN TERMS. The BORROWER and LENDER, hereby further set forth their rights and obligations to one another under this Agreement and agree to be legal bound as follows:
ADDITIONAL LOAN TERMS. Borrower shall pay NCDF’s attorneys fees and costs of Three Thousand Five Hundred and No/100 Dollars ($3,500.00) to be paid by Borrower at Closing.
ADDITIONAL LOAN TERMS a. The Bank may require any LIBOR Rate Loans to be repaid prior to the Termination Date for Revolving Loans and may refuse to make LIBOR Rate Loans in the event the Bank determines that (i) maintenance of the LIBOR Rate Loans would violate any applicable Requirements of Law, (ii) the interest rates on LIBOR Rate Loans do not accurately reflect the cost of making such Revolving Loans, or (iii) deposits in the amount of any LIBOR Rate Loan are not available to the Bank in the London Interbank Eurodollar Market.
b. In the event the Bank shall incur any loss, cost, expense or premium (including, without limitation, any loss of profit or loss, cost, expense or premium incurred by reason of the liquidation or reemployment of deposits or other funds acquired or contracted to be acquired by the Bank to fund or maintain LIBOR Rate Loans or the relending or reinvesting of such deposits or other funds or amounts paid or prepaid to the Bank), as a result of:
(i) any payment of any LIBOR Rate Loans on a date other than the last day of the then applicable Loan Period for any reason, whether before or after Default, and whether or not such payment is required by any provisions of this Agreement; or
(ii) any failure by the Company to create, borrow, continue or effect by conversion of any LIBOR Rate Loans on the date specified in a notice given pursuant to this Agreement; then upon the demand of the Bank, the Company shall pay to the Bank such amount as will reimburse the Bank for such loss, cost, expense or premium. If the Bank requests such a reimbursement it shall provide the Company with a certificate setting forth the computation of the loss, cost, expense or premium giving rise to the request for reimbursement in reasonable detail and such certificate shall be deemed prima facie correct.
ADDITIONAL LOAN TERMS. Intending to be legally bound and as additional terms and conditions of the Promissory Note, the BORROWER and LENDER further agree to the following terms and conditions:
ADDITIONAL LOAN TERMS. The Borrower and Lender, hereby further set forth their rights and obligations to one another under this Agreement and agree to be legal bound as follows:
ADDITIONAL LOAN TERMS. Section 4 (Security Agreement) of the Personal Line of Credit Loan Agreement & Disclosures is deleted and will not apply to your line of credit if you are an active duty armed forces member or dependent as described above.
ADDITIONAL LOAN TERMS. The Borrower and TransparentBusiness hereby further set forth their rights and obligations to one another under this Loan Agreement and Promissory Note and agree to be legal bound as follows: