Common use of Borrower Of Loan Clause in Contracts

Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank). If so, then the entire legal name of the Business Entity lending money through this paperwork should be presented including any abbreviations, special characters such as numerals or punctuation, and the appropriate status suffix on the first space available in the area labeled “Lender.” (5) Lender Mailing Address. The mailing address of the Lender is required on the second line of the “Lender” statement. If the Lender is a Business, then this address must include all the necessary information to reach the Party responsible for this paperwork and the loan agreement. For example, an “Attention” line may be included to define the Department or Party to who mail correspondence regarding this agreement should be directed. II. Loan Amount (6)

Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank). If so, then the entire legal name of the Business Entity lending money through this paperwork should be presented including any abbreviations, special characters such as numerals or punctuation, and the appropriate status suffix on the first space available in the area labeled “Lender.” (5) Lender Mailing Address. The mailing address of the Lender is required on the second line of the “Lender” statement. If the Lender is a Business, then this address must include all the necessary information to reach the Party responsible for this paperwork and the loan agreement. For example, an “Attention” line may be included to define the Department or Party to who mail correspondence regarding this agreement should be directed. II. Loan Amount (6).

Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank). If so, then the entire legal name of the Business Entity lending money through this paperwork should be presented including any abbreviations, special characters such as numerals or punctuation, and the appropriate status suffix on the first space available in the area labeled “Lender.” (5) Lender Mailing Address. The mailing address of the Lender is required on the second line of the “Lender” statement. If the Lender is a Business, then this address must include all the necessary information to reach the Party responsible for this paperwork and the loan agreement. For example, an “Attention” line may be included to define the Department or Party to who mail correspondence regarding this agreement should be directed. II. Loan Amount (6).

Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank). If so, then the entire legal name of the Business Entity lending money through this paperwork should be presented including any abbreviations, special characters such as numerals or punctuation, and the appropriate status suffix on the first space available in the area labeled “Lender.” (5) Lender Mailing Address. The mailing address of the Lender is required on the second line of the “Lender” statement. If the Lender is a Business, then this address must include all the necessary information to reach the Party responsible for this paperwork and the loan agreement. For example, an “Attention” line may be included to define the Department or Party to who mail correspondence regarding this agreement should be directed. II. Loan Amount (6).