Common use of Recall of the Loan by the Bank Clause in Contracts

Recall of the Loan by the Bank. The Borrower agrees that the Bank shall be entitled to, at any time, in its discretion, recall the Loan by giving to the Borrower notice in writing. It is specified that the repayment schedule set out in the Schedule(s) hereto is without prejudice to the Bank’s right to recall the entire Loan and to demand payment of the Loan. Upon the expiry of the period of notice, if any given, the Loan shall immediately stand repayable by the Borrower to the Bank.

Recall of the Loan by the Bank. The Borrower agrees that the Bank shall be entitled to, at any time, in its discretion, recall the Loan by giving to the Borrower notice in writing. It is specified that the repayment schedule set out in the Schedule(s) hereto Annexure is without prejudice to the Bank’s right to recall the entire Loan and to demand payment of the Loan. Upon the expiry of the period of notice, if any given, the Loan shall immediately stand repayable by the Borrower to the Bank.

Recall of the Loan by the Bank. The Borrower agrees that the Bank shall be entitled to, at any timeanytime, in its discretion, recall the Loan by giving to the Borrower thirty clear working days notice in writing. It is specified that the repayment schedule set out in the Schedule(s) hereto is without prejudice to the Bank’s right to recall the entire Loan and to demand payment of the Loan. Upon the expiry of the period of notice, if any given, the Loan shall immediately stand repayable by the Borrower to the Bank.