Further Advances. 9.1 If you ask us to make further advances to you and we agree, then those further advances: a. are governed by this agreement and these terms and conditions; b. are secured to us by each security interest and mortgage that you give us; c. and the details regarding repayment of those further advances will be set out in a change disclosure statement. 9.2 If you have applied to us in writing for a further advance then you agree that the application signed by you, this agreement and change disclosure statement to be given to you will be sufficient to record your obligation to repay the further advances without the need for any further documentation. 9.3 If there is a guarantor, then any application for a further advance must be consented to by each guarantor. When consenting to the application each guarantor will be acknowledging that the guarantee applies to the further advance. 9.4 Just because we provide for further advances doesn’t mean that we must make them if you apply for one. We have the right not to approve any further advance or to make any further advance on such additional terms and conditions as we think fit.
Appears in 8 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
