Account Ceiling. If at any time the Program account balance exceeds the unpaid balance on the designated loan, Lender may apply the funds in the Program account to pay off the loan. Any excess funds will be returned to Borrower.
Appears in 4 contracts
Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Renewable Energy Group, Inc.)
Account Ceiling. If at any time the Program account balance exceeds the unpaid balance on the designated loan, Lender may apply the funds in the Program account to pay off payoff the loan. Any excess funds will be returned to Borrower.
Appears in 1 contract
Samples: Master Loan Agreement (Green Plains Renewable Energy, Inc.)
Account Ceiling. If at any time the Program account Account balance exceeds the unpaid balance on the designated loan, Lender may apply the funds in the Program account Account to pay off the loan. Any excess funds will be returned to Borrower.
Appears in 1 contract
Samples: Construction and Revolving Loan Agreement (United Wisconsin Grain Producers LLC)
