Common use of Loan Account; Demand Deposit Account Clause in Contracts

Loan Account; Demand Deposit Account. Lender shall establish or cause to be established on its books in Borrower's name one or more accounts (each a "Loan Account") to evidence Loans made to Borrower. Lender will credit or cause to be credited to a commercial account ("Demand Deposit Account") maintained by Borrower at Lender's 000 Xxxxx XxXxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx office the amount of any sums advanced as Loans hereunder. Any amounts advanced as Loans hereunder which are credited to Borrower's Demand Deposit Account, together with any other amounts advanced to Borrower as a Loan pursuant to this Agreement, will be debited to the applicable Loan Account and result in an increase in the principal balance outstanding in such Loan Account in the amount thereof.

Loan Account; Demand Deposit Account. Lender shall establish or cause to be established on its books in Borrower's name one or more accounts (each a "Loan Account") to evidence Loans made to Borrower. Lender will credit or cause to be credited to a commercial account (a "Demand Deposit Account") maintained by Borrower at Lender's 000 Xxxxx XxXxxxx Xxxxxx231 South LaSalle Street, XxxxxxxChicago, Xxxxxxxx Illinois office the amount of any sums advanced as Loans hereunderxxxx xxxxxxxx xx Xxxxx xxxxxxxxx. Any amounts Xxx xxxxnts advanced as Loans hereunder which are credited to Borrower's Demand Deposit Account, together with any other amounts advanced to Borrower as a Loan pursuant to this Agreement, will be debited to the applicable Loan Account and result in an increase in the principal balance outstanding in such Loan Account in the amount thereof.

Loan Account; Demand Deposit Account. Lender shall establish or cause to be established on its books in Borrower's name one or more accounts (each a "Loan Account") to evidence Loans made to Borrower. Lender will credit or cause to be credited to a commercial account ("Demand Deposit Account") maintained by Borrower at Lender's 000 Xxxxx XxXxxxx Xxxxxx231 South LaSalle Street, XxxxxxxChicago, Xxxxxxxx Illinois office the amount of any sums advanced as Loans hereunderxxx xxxx xxxxxxxx xx Xxxxx xxxxxxxxx. Any amounts Xxx xxounts advanced as Loans hereunder which are credited to Borrower's Demand Deposit Account, together with any other amounts advanced to Borrower as a Loan pursuant to this Agreement, will be debited to the applicable Loan Account and result in an increase in the principal balance outstanding in such Loan Account in the amount thereof.

Loan Account; Demand Deposit Account. Lender shall establish or cause to be established on its books in Borrower's name one or more accounts (each a "Loan Account") to evidence Loans made to Borrower. Lender will credit or cause to be credited to a commercial account ("Demand Deposit Account") maintained by Borrower at Lender's 000 Xxxxx XxXxxxx Xxxxxx231 South LaSalle Street, XxxxxxxChicago, Xxxxxxxx Illinois office the amount of any sums advanced as Loans hereunderanx xxxx xxxxxxxx xx Xxxxx xxxxxxxxx. Any amounts Xxx xxxunts advanced as Loans hereunder which are credited to Borrower's Demand Deposit Account, together with any other amounts advanced to Borrower as a Loan pursuant to this Agreement, will be debited to the applicable Loan Account and result in an increase in the principal balance outstanding in such Loan Account in the amount thereof.