CHANGES TO BORROWERS' AGREEMENT AND LOAN AMOUNT. At Lender’s discretion, and except as prohibited by applicable law, Lender may change Borrowers’ Loan amount, Maturity Date, fees, costs, interest rate or other terms of this Agreement at any time. In the event any change will cause a fee, rate or payment to increase (other than due to a change in the Prime Rate), Lender will notify Borrowers of such change either by sending Borrowers a separate notice or by reflecting such change on Borrowers’ monthly statement or billing notice at least 15 days before the beginning of the billing period in which the change will become effective. Any change to this Agreement may take effect before Borrowers receive notification from Lender, and all such changes shall be binding upon Borrowers and Lender.
Appears in 13 contracts
Samples: Security Agreement, Security Agreement, Security Agreement
