Common use of DEMAND FEATURE Clause in Contracts

DEMAND FEATURE. If this Note contains a demand feature, Lender's right to demand payment, at any time, and from time to time, shall be in Lender's sole and absolute discretion, whether or not any default has occurred.

Appears in 1 contract

Sources: Commercial Agricultural Revolving or Draw Note Variable Rate (LSC Inc)

DEMAND FEATURE. [X] If checked, this Note contains a demand feature, . Lender's right to demand payment, at any time, and from time to time, shall be in Lender's sole and absolute discretion, whether or not any default has occurred.

Appears in 1 contract

Sources: Commercial Security Agreement (Cybex Computer Products Corp)

DEMAND FEATURE. __If checked, this Note contains a demand feature, . Lender's right to demand payment, at any time, and from time to time, shall Shall be in Lender's sole and absolute discretion, whether or not any default Default has occurred.

Appears in 1 contract

Sources: Final Agreement (Killearn Properties Inc)