Common use of Single Loan Clause in Contracts

Single Loan. All Advances by Lender to Borrower shall constitute one loan and all indebtedness and obligations of Borrower to Lender under the Loan Documents shall constitute an obligation secured by Lender's security interest in all of the Collateral.

Appears in 5 contracts

Samples: Motor Vehicle Installment Contract (Ugly Duckling Corp), Motor Vehicle Installment Contract Loan and Security Agreement (Consumer Portfolio Services Inc), Registration Rights Agreement (General Acceptance Corp /In/)

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Single Loan. All Advances by Lender to Borrower shall ------------ constitute one loan and all indebtedness and obligations of Borrower to Lender under the Loan Documents shall constitute an obligation secured by Lender's security interest in all of the Collateral.

Appears in 1 contract

Samples: Motor Vehicle Installment Contract Loan and Security Agreement (TFC Enterprises Inc)

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