Common use of Methods of Repayment Clause in Contracts

Methods of Repayment. The Borrower undertakes to repay any sum advanced under the line of credit on the expiry of its time limit, or in the following manner: SAISIE However, the Borrower shall immediately remit to the Lender the proceeds from the sale of animals or crops for whose purchase, or for whose production he obtained this line of credit or what may be considered a substitute therefor, including any indemnity to be paid by anybody, unless La Financière agricole, decides otherwise. Every repayment must be made to the Lender at his address as indicated above or at any other place designated in writing to the Borrower by the Lender.

Appears in 7 contracts

Samples: Line of Credit Agreement, Line of Credit Agreement, Line of Credit Agreement

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