Common use of Accessing Your Loans & Line of Credit Clause in Contracts

Accessing Your Loans & Line of Credit. If more than one person signs this Agreement or one of the Loan documents, your obligations under this Agreement, are joint and several. You and any co-applicant, jointly or alone, may request and receive Loan advances under this Agreement, to suspend further advances, or terminate this Agreement. You may request Loan advances in person, by mail, by telephone or electronic transfer service, or Loan draft to the extent applicable. The Credit Union may disburse Loan proceeds to you directly, to third parties, or to a deposit or share account of yours or any co-applicant in accordance with your instructions.

Accessing Your Loans & Line of Credit. If more than one person signs this Agreement or one of the Loan loan documents, your obligations under this Agreement, are joint and several. You and any co-applicant, jointly or alone, may request and receive Loan loan advances under this Agreement, to suspend further advances, or terminate this Agreement. You may request Loan loan advances in person, by mail, by telephone or electronic transfer service, or Loan loan draft to the extent applicable. The Credit Union may disburse Loan loan proceeds to you directly, to third parties, or to a deposit or share account of yours or any co-applicant in accordance with your instructions.