Common use of Borrowed Money Clause in Contracts

Borrowed Money. The amount that will be lent to the Borrower by the Lender should be documented in the Second Section as requested by the line following the dollar (“$”) symbol. This dollar amount must represent the exact amount of money that the Lender shall deliver to the Borrower and should not include any interest charges. III.

Appears in 32 contracts

Sources: Personal Loan Agreement, Personal Loan Agreement, Loan Agreement

Borrowed Money. The amount that will be lent to the Borrower by the Lender should be documented in the Second Section as requested by the line following the dollar (“$”) symbol. This dollar amount must represent the exact amount of money that the Lender shall deliver to the Borrower and should not include any interest charges. III.

Appears in 7 contracts

Sources: Loan Agreement, Personal Loan Agreement, Personal Loan Agreement

Borrowed Money. The amount that will be lent to the Borrower by the Lender should be documented in the Second Section as requested by the line following the dollar (“$”) symbol. This dollar amount must represent the exact amount of money that the Lender shall deliver to the Borrower and should not include any interest charges. III. Interest Rate Select And Complete Item 7 Or Select Item 9 (7) Bear Interest.

Appears in 1 contract

Sources: Personal Loan Agreement

Borrowed Money. The amount that will be lent to the Borrower by the Lender should be documented in the Second Section as requested by the line following the dollar (“$”) symbol. This dollar amount must represent the exact amount of money that the Lender shall deliver to the Borrower and should not include any interest charges. III. Interest Rate Select And Complete Item 7 Or Select Item 9 (7) Bear Interest. If the Lender intends to charge interest on the owed amount during the lifetime of this loan, then the “Bear Interest” checkbox statement in Section III must be selected.

Appears in 1 contract

Sources: Balloon Loan Agreement

Borrowed Money. The amount that will be lent to the Borrower by the Lender should be documented in the Second Section as requested by the line following the dollar (“$”) symbol. This dollar amount must represent the exact amount of money that the Lender shall deliver to the Borrower and should not include any interest charges. III.

Appears in 1 contract

Sources: Loan Agreement