REPAYMENT INSTRUCTIONS. All the payments, if the Bank so decides may be collected through post- dated cheques handed over at the office of the Bank towards any balance due to the Bank and submission of such post- dated cheques shall be deemed to be an unconditional and irrevocable authority given by the borrower to the Bank to present the cheques delivered in advance on their respective dates.
Appears in 2 contracts
Samples: Loan Cum Hypothecation Agreement, Loan Cum Hypothecation Agreement
REPAYMENT INSTRUCTIONS. All the payments, if the Bank so decides may be collected through post- dated cheques handed over at the office of the Bank towards any balance due to the Bank and submission of such post- dated cheques shall be deemed to be an unconditional and irrevocable authority given by the borrower to the Bank to present the cheques delivered in advance on their respective dates.. The Borrower may also repay the credit facility through any of the following mode:
Appears in 1 contract
Samples: Loan Cum Hypothecation Agreement
REPAYMENT INSTRUCTIONS. All the payments, if the Bank so decides may be collected through post- dated cheques handed over at the office of the Bank towards any balance due to the Bank and submission of such post- dated cheques shall be deemed to be an unconditional and irrevocable authority given by the borrower Borrower to the Bank to present the cheques delivered in advance on their respective dates.. The Borrower may also repay the Credit Facility through any of the following mode:
Appears in 1 contract
Samples: Loan Cum Hypothecation Agreement
REPAYMENT INSTRUCTIONS. All the paymentspayments , if the Bank so decides may be collected through post- dated cheques handed over at the office of the Bank towards any balance due to the Bank and submission of such post- dated cheques shall be deemed to be an unconditional and irrevocable authority given by the borrower to the Bank to present the cheques delivered in advance on their respective dates.
Appears in 1 contract
Samples: Loan Cum Hypothecation Agreement
REPAYMENT INSTRUCTIONS. All the payments, if the Bank so decides may be collected through post- dated cheques handed over at the office of the Bank towards any balance due to the Bank and submission of such post- dated cheques shall be deemed to be an unconditional and irrevocable authority given by the borrower Borrower to the Bank to present the cheques delivered in advance on their respective dates.
Appears in 1 contract
Samples: Loan Cum Hypothecation Agreement