Common use of MULTIPLE ADVANCE LOANS Clause in Contracts

MULTIPLE ADVANCE LOANS. If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end credit, repaying a part of the principal will not entitle me to additional credit. SET-OFF – I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "Right to receive money from you" means:

MULTIPLE ADVANCE LOANS. If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end and credit, repaying a part of the principal will not entitle me to additional credit. SET-OFF – - I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "Right to receive money from you" means:.

MULTIPLE ADVANCE LOANS. If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end credit, repaying a part of the principal will not entitle me to additional credit. SET-OFF – - I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "Right to receive money from you means: (1) any deposit account balance I have with you" means:; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation.

MULTIPLE ADVANCE LOANS. If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end and credit, repaying a part of the principal will not entitle me to additional credit. SET-OFF – I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "Right to receive money from you" means:.

MULTIPLE ADVANCE LOANS. If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end credit, repaying a part of the principal will not entitle me to additional credit. SET-OFF – I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "“Right to receive money from you" ” means:

MULTIPLE ADVANCE LOANS. If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end credit, repaying a part of the principal will not entitle me to additional credit. SET-OFF – - I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "“Right to receive money from you" ” means: