Common use of Multiple Advances Clause in Contracts

Multiple Advances. In accordance with the terms of this Agreement and other Loan documents, you will provide me with a draw note and the maximum total principal balance will not exceed $700,000.00 (Principal).

Multiple Advances. In accordance with the terms of this Agreement and other Loan documentsDocuments, you will provide me with a draw note and the maximum total principal balance will not exceed $700,000.00 6,500,000.00 (Principal).