Commitment Charges. The Borrower shall pay to Bank a commitment charge at the rate of 1% per annum or as per the rate of the Bank in that behalf as in force from time to time on the principal amount of the loan or any part thereof, as the case may be, which shall not have been drawn and shall not have been cancelled by Bank.
Appears in 3 contracts
Sources: Housing Loan Agreement, Housing Loan Agreement, Housing Loan Agreement
Commitment Charges. The Borrower shall pay to Bank a commitment charge at the rate of 1% per annum or as per the rate of the Bank BANK in that behalf as in force from time to time on the principal amount of the loan or any part thereof, thereof as the case may be, which shall not have been drawn and shall not have been cancelled by Bank.
Appears in 1 contract
Sources: Housing Loan Agreement