Common use of Loan Terms Clause in Contracts

Loan Terms. The Lender agrees to lend the Borrower under the following terms: Principal Amount: $[AMOUNT BORROWED] Interest Rate: [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: [OTHER] Borrower to Receive the Borrowed Money on: [DATE] Hereinafter known as the “Borrowed Money.”

Appears in 16 contracts

Samples: Secured Promissory Note, Promissory Note, Secured Promissory Note

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Loan Terms. The Lender agrees to lend the Borrower under the following terms: Principal Amount: $[AMOUNT BORROWED] _______________ Interest Rate: [INTEREST RATE]% ____% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: [OTHER] ______________________________ Borrower to Receive the Borrowed Money on: [DATE] _______________, 20____ Hereinafter known as the “Borrowed Money.”

Appears in 3 contracts

Samples: Secured Promissory Note, Secured Promissory Note, Unsecured Promissory Note

Loan Terms. The Lender agrees to lend the Borrower under the following terms: Principal Amount: $[AMOUNT BORROWED] [AMOUNT BORROWED] Interest Rate: [INTEREST RATE]% [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: [OTHER] [OTHER] Borrower to Receive the Borrowed Money on: [DATE] [DATE] Hereinafter known as the “Borrowed Money.” III.

Appears in 2 contracts

Samples: static1.squarespace.com, static1.squarespace.com

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Loan Terms. The Lender agrees to lend the Borrower under the following terms: Principal Amount: $[AMOUNT BORROWED] [AMOUNT BORROWED] Borrower to Receive the Borrowed Money on: [DATE] Interest Rate: [INTEREST RATE]% [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: [OTHER] Borrower to Receive the Borrowed Money on: [DATE] [OTHER] Hereinafter known as the “Borrowed Money.” III.

Appears in 1 contract

Samples: static1.squarespace.com

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