FUNDINGS; THE NOTE Sample Clauses
The 'FUNDINGS; THE NOTE' clause defines the terms and conditions under which funds are provided to a borrower and how these advances are documented through a promissory note. Typically, this clause outlines the process for disbursing loan amounts, the obligations of the borrower to repay, and the formal issuance of a note as evidence of the debt. By clearly specifying the mechanics of funding and the documentation required, this clause ensures both parties understand their financial commitments and helps prevent disputes regarding the loan's existence or terms.
FUNDINGS; THE NOTE. SECTION 2.1. Funding; The Note............................................8 SECTION 2.2. Sharing of Payments, Etc....................................12 SECTION 2.3. Right of Setoff.............................................12 SECTION 2.4. Fees........................................................13
FUNDINGS; THE NOTE. Section 2.1 Funding; The Note..........................................3 Section 2.2 Acceptance and Custody of Note............................10 Section 2.3 Fees......................................................10 Section 2.4
FUNDINGS; THE NOTE. SECTION 2.1. Funding; The Note..........................................................................5 SECTION 2.2. The Insurance Policy......................................................................13 SECTION 2.3. Sharing of Payments, Etc..................................................................13 SECTION 2.4. Fees......................................................................................14 ARTICLE III
FUNDINGS; THE NOTE. SECTION 2.1. Funding; The Note..........................
FUNDINGS; THE NOTE. SECTION 2.1. Funding; The Note. . . . . . . . . . . . . . . . . . . . . . . . . 8 SECTION 2.2. Sharing of Payments, Etc.. . . . . . . . . . . . . . . . . . . . . 12 SECTION 2.3. Right of Setoff. . . . . . . . . . . . . . . . . . . . . . . . . . 12 SECTION 2.4. Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
FUNDINGS; THE NOTE