Common use of Funds Held Program Clause in Contracts

Funds Held Program. Lender may offer a Funds Held Program (“Program”) that allows Borrowers to make advance conditional payments on designated loans. Lender reserves the right, in its discretion, to amend or terminate the Program. The following terms and conditions apply to at Program accounts in connection with loans from Lender.

Appears in 1 contract

Sources: Promissory Note/Loan Agreement (Great Plains Ethanol LLC)

Funds Held Program. Lender may offer a Funds Held Program (“Program”) that allows Borrowers to make advance conditional payments on designated loans. Lender reserves the right, in its discretion, to amend or terminate the Program. The following terms and conditions apply to at all Program accounts in connection with loans from Lender.

Appears in 1 contract

Sources: Promissory Note (Great Plains Ethanol LLC)