Common use of Post-Dated Cheques Clause in Contracts

Post-Dated Cheques. 1. The Borrower shall furnish post-dated cheques, NACH, Standing Instructions at the time of loan documentation 2. The Borrower shall replenish the said stock of post-dated cheques as and when the numbers of cheques are reduced to six. 3. As and when required by Bank the Borrower shall issue such additional/replacement post-dated cheques/ NACH/ ECS mandate/Standing instruction or any other form of electronic mandate.

Appears in 3 contracts

Sources: Housing Loan Agreement, Housing Loan Agreement, Housing Loan Agreement