Amount; Frequency Clause Samples
Amount; Frequency. Note: If the value of income required, is greater than the value of income received into the portfolio, then it will be necessary to sell investments to meet the shortfall. Using capital could lead to an erosion of the portfolio value if the portfolio’s growth rate does not exceed the rate of any capital withdrawal. Are you happy for us to withdraw capital to meet any shortfall in the actual income received from the underlying investments? Yes No
Amount; Frequency. Except as to the Final Disbursement, Lender shall not be obligated to make Disbursements in amounts less than $50,000.00 nor more frequently than once per month as to each Construction Project.
