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Common use of Loan Terms Clause in Contracts

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. Principal Amount: $ b. Interest Rate: % compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: c. Borrower to Receive the Borrowed Money on: , 20 Hereinafter known as the “Borrowed Money.”

Appears in 19 contracts

Samples: Secured Promissory Note, Secured Promissory Note, Secured Promissory Note

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. : Principal Amount: $ b. [AMOUNT BORROWED] Interest Rate: % [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: c. : [OTHER] Borrower to Receive the Borrowed Money on: , 20 [DATE] Hereinafter known as the “Borrowed Money.”

Appears in 16 contracts

Samples: Secured Promissory Note, Unsecured Promissory Note, Unsecured Promissory Note

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. : Principal Amount: $ b. _______________ Interest Rate: ____% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: c. : ______________________________ Borrower to Receive the Borrowed Money on: _______________, 20 20____ Hereinafter known as the “Borrowed Money.”

Appears in 3 contracts

Samples: Secured Promissory Note, Secured Promissory Note, Unsecured Promissory Note

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. : Principal Amount: $ b. [AMOUNT BORROWED] Interest Rate: % [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: c. : [OTHER] Borrower to Receive the Borrowed Money on: , 20 [DATE] Hereinafter known as the “Borrowed Money.” III.

Appears in 2 contracts

Samples: Promissory Note, Promissory Note

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. : Principal Amount: $ b. [AMOUNT BORROWED] Borrower to Receive the Borrowed Money on: [DATE] Interest Rate: % [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: c. Borrower to Receive the Borrowed Money on: , 20 [OTHER] Hereinafter known as the “Borrowed Money.” III.

Appears in 1 contract

Samples: Iou Agreement

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. : Principal Amount: $ b. [AMOUNT BORROWED] Interest Rate: % [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: c. : [OTHER] Borrower to Receive the Borrowed Money on: , 20 [DATE] Hereinafter known as the “Borrowed Money.”

Appears in 1 contract

Samples: Secured Promissory Note

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. Principal Amount: $€___________ EUR b. Interest Rate: ______% compounded per: per day (check onecompounding) - Month ☐ - Annum ☐ □ -Annum IZI - Other:: Day c. Borrower to Receive the Borrowed Money on: , 20 _____________ Hereinafter known as the "Borrowed Money."

Appears in 1 contract

Samples: Promissory Note (Akanda Corp.)

Loan Terms. The Lender agrees to lend the Borrower under the following terms: a. Principal Amount: $[AMOUNT BORROWED] b. Interest Rate: % [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other:: [OTHER] c. Borrower to Receive the Borrowed Money on: , 20 [DATE] Hereinafter known as the “Borrowed Money.”

Appears in 1 contract

Samples: Secured Promissory Note