Common use of Upstamping Clause in Contracts

Upstamping. 38.1 If the total moneys advanced to the Borrower or due and owing by the Borrower to the Bank shall at any time exceed the principal limit for which this Agreement or the Letter of Offer is for the time being stamped, the Bank shall have the right at any time without prior notice to the Borrower to up-stamp this Agreement from the date such principal limit is exceeded. 38.2 The cost and expenses of up-stamping this Agreement, including any penalty payable, shall form part of the moneys secured by this Agreement and the Security Documents.

Upstamping. 38.1 If the total moneys advanced to the Borrower or due and owing by the Borrower to the Bank shall at any time exceed the principal limit for which this Agreement or the Letter of Offer is for the time being stamped, the Bank shall have the right at any time without prior notice to the Borrower to up-stamp this Agreement from the date such principal limit is exceeded. 38.2 The cost and expenses of up-stamping this Agreement, including any penalty payable, shall form part of the moneys secured by this Agreement and the Security Documents.Documents.‌

Upstamping. 38.1 74.1 If the total moneys advanced to the Borrower or due and owing by the Borrower to the Bank shall at any time exceed the principal limit for which this Agreement or and the Letter of Offer is for the time being stamped, the Bank shall have the right at any time without prior notice to the Borrower to up-stamp upstamp this Agreement from the date such principal limit is exceeded. 38.2 74.2 The cost and expenses of up-stamping upstamping this Agreement, including any penalty payable, shall form part of the moneys secured by this Agreement and the Security Documents.