MULTIPLE ADVANCE definition
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On ____________ I will receive the amount of $___________ and future principal advances are contemplated.
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On May 9, 1997 I will receive the amount of $______________ and future principal advances are contemplated.
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On JULY 21, 1997 I will receive the amount of $__________ and future principal advances are contemplated.
More Definitions of MULTIPLE ADVANCE
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On _____________ I will receive the amount of $_________ and future principal advances are contemplated.
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On NOV. 10, 1999 I will receive the amount of $200,000,000 and future principal advances are contemplated. CONDITIONS: The conditions for future advances are AS PER THE TERMS OF THE LINE OF CREDIT AGREEMENT OF EVEN DATE. ____________________________________________________________________________ [X] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on OCTOBER 10, 2000. [ ] CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On N/A I will receive the amount of $ N/A and future principal advances are contemplated. CONDITIONS: The conditions for future advances are ____________________________________________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ [ ] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on N/A. [ ] CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions). INTEREST: I agree to pay interest on the outstanding principal balance from 3/4/1998 at the rate of 9.000% per year until THE NEXT RATE CHANGE DATE. [X] VARIABLE RATE: This rate may then change as stated below: [X] INDEX RATE: The future rate will be .500% ABOVE the following index rate: PRIME RATE AS PUBLISHED IN THE WALL STREET JOURNAL ___________________________________________________________________________________________________________________________ ___________________________________________________________________________________________________________________________ [ ] NO INDEX. The future rate will not be subject to any internal or external index. It will be entirely in your control. [X] FREQUENCY AND TIMING: The rate on this note may change as often as DAILY. A change in the interest rate will take effect ON THE SAME DAY [X] LIMITATIONS: During the term of this loan, the applicable annual interest rate will not be more than 11.000% or less than 7.000%. The rate may not change more than __________% each DAY. EFFECT OF VARIABLE RATE: A change in the interest rate will have the following effect on the payments. [ ] The amount of each scheduled payment will change. [X] The amount of the final payment will change. [ ] ____________________________________________________________________________________________________________________________ ACCRUAL METHOD: Interest will be calculated on a 360/ACTUAL basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: [X] on the same fixed or variable r...
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On MAY 12, 1999 I will receive the amount of $425.00, and future principal advances are contemplated. Conditions: The conditions for future advances are SEE THE LINE OF CREDIT AGREEMENT................................................................. -------------------------------------------------------------------------- -------------------------------------------------------------------------- XX OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on AUGUST 10, 1999. ___
MULTIPLE ADVANCE. The loan amount shown above is the maximum amount I can borrow under this note. On September 10, 1996 I will receive $_____ and future principal advances are permitted. Conditions: The conditions for future advances are [X] Open End Credit: You and I agree that I may borrow up to the maximum amount more than one time. All other conditions of this note apply to this feature. This feature expires on January 1, 1997. [ ] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
MULTIPLE ADVANCE. The principal sum shown above is the maximum amount of principal I can borrow under this note. On JULY 17, 1997 I will receive the ------------- amount of $200,888.01 and future principal advances are contemplated. ----------- Conditions: The conditions for future advances are PER CUSTOMER'S REQUEST ------------------------ --------------------------------------------------------------------------- --------------------------------------------------------------------------- [X] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on JULY 17, 1998. ------------- [ ] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
MULTIPLE ADVANCE. The loan amount shown above is the maximum amount I can borrow under this note. On I will receive $ and future principal advances are permitted. ------------------- CONDITIONS: The conditions for future advances are ----------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- | | OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount more than one time. All other conditions of this note apply to this feature. This feature expires on . ------------------------------------------ | | CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions). INTEREST: I agree to pay interest on the outstanding principal balance from DEC. 14, 1999 at the rate of 8.500% per year -------------------- ----- until FIRST CHANGE DATE . ------------------ |X| VARIABLE RATE: This rate may then change as stated below.