Consumer Loan Documents Clause Samples
The 'Consumer Loan Documents' clause defines the set of legal documents that govern the terms and conditions of a loan provided to an individual for personal, family, or household purposes. This typically includes the promissory note, loan agreement, disclosure statements, and any security agreements or guarantees associated with the loan. By clearly identifying which documents constitute the full agreement between the lender and borrower, this clause ensures that both parties understand their rights and obligations, reducing the risk of disputes over the terms of the loan.
Consumer Loan Documents. The term “Consumer Loan Documents” shall mean all promissory notes, chattel paper, retail installment contracts, security agreements or other similar documents, agreements, instruments and writings evidencing or securing a Receivable which have been executed by an Account Debtor and any guarantor of the related Receivable and are payable to or in favor of a Borrower.
Consumer Loan Documents. Under this Agreement you are establishing an ongoing Loan relationship with the Credit Union. You may request and receive Consumer Loans from time to time and you may establish a Personal Line of Credit account.
Consumer Loan Documents. The term "Consumer Loan Documents" means all Consumer Loan accounts, documents, files, pawn tickets, buy-sell or repurchase agreements, layaway contracts, loan documents, loan contracts, loan applications, loan files, customer checks, promissory notes, promises to pay, certificates of title, security agreements, sales receipts, store credit receipts and vouchers, consignment contracts and other evidences of indebtedness or evidences of accounts receivable reflected by Seller's books and records as owed to and owned by Seller.
Consumer Loan Documents. Within seven (7) days from the purchase, transfer or assignment of a Consumer Loan to the Borrower, or at such other intervals as the Lender may hereafter determine, the original documents evidencing the obligations of the Consumer Loan Debtor to the Borrower; copies of all documents relating to the Consumer Loan; and such further information and/or schedules as the Lender may reasonably require, all in a form satisfactory to the Lender.
Consumer Loan Documents. The Lender shall have received the original documents evidencing the obligations of the Consumer Loan Debtor to the Borrower for every Consumer Loan sold, transferred or held by the Borrower.