Common use of Continuing balance Clause in Contracts

Continuing balance. This clause 12.8 applies to a continuing balance and any present or future moneys secured by a Receivable Security or Related Security

Continuing balance. This clause 12.8 8.8 applies to a continuing balance and any present or future moneys secured by a Receivable Security notwithstanding any subsequent repayment, advance or Related Securityprovision of accommodation or other increase or decrease in the amount secured.