Common use of REVIEW/RENEWAL Clause in Contracts

REVIEW/RENEWAL. The limits in relation to the Facility shall be reviewed on annual basis by USFB, and the Borrower shall be permitted to operate on the borrowal account related to the Facility only subject to such periodical review. KPC_CC is offered by USFB in the form of a revolving Facility and annual review of KPC_CC may result in increase in limit if so requested by the Borrower and if such request is favourably considered by USFB.

Appears in 4 contracts

Samples: An Agreement, Facility Agreement for Kisan Pragati, Facility Agreement for Kisan Pragati

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