Common use of FINANCIAL ACCOMMODATION Clause in Contracts

FINANCIAL ACCOMMODATION. 1.1. In accordance with the Borrower’s request, the Lender will provide to the Borrower financial accommodation in the form of either a line of credit (the Line of Credit) or a loan (the Loan) in the amount identified in the Financial Table on the terms and conditions set out in this Funding Agreement. 1.2. The Line of Credit is to be used by the Borrower to purchase Goods from the Lender’s Business Partners.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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FINANCIAL ACCOMMODATION. 1.1. In accordance with the Borrower’s request, the Lender will provide to the Borrower financial accommodation in the form of either a line of credit (the Line of Credit) or a loan (the Loan) in the amount identified in the Financial Table on the terms and conditions set out in this Funding Agreement. 1.2. The Line of Credit is to be used by the Borrower to purchase Goods from the Lender’s Business PartnersPartners and, with approval, to access a Cash Advance or Cash Equivalent.

Appears in 1 contract

Samples: Funding Agreement

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FINANCIAL ACCOMMODATION. 1.1. In accordance with the Borrower’s request, the Lender will provide to the Borrower financial accommodation in the form of either a line of credit (the Line of Credit) or a loan (the Loan) in the amount identified in the Financial Table on the terms and conditions set out in this Funding Agreement. 1.2. The Line line of Credit is to can only be used by the Borrower to purchase Goods from the Lender’s Business Partners.

Appears in 1 contract

Samples: Funding Agreement

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