Transfer of Security. If Borrower sells, assigns, or transfers any interest in any collateral for the loan, Lender may apply the funds in the Program account to the remaining loan balance.
Appears in 5 contracts
Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Renewable Energy Group, Inc.)
Transfer of Security. If Borrower sellsBorrowers sell, assignsassign, or transfers transfer any interest in any collateral for the loan, Lender may apply the funds in the Program account Account to the remaining loan balance.
Appears in 2 contracts
Samples: Credit Agreement (Great Plains Ethanol LLC), Promissory Note/Loan Agreement (Great Plains Ethanol LLC)
Transfer of Security. If Borrower sellsBorrowers sell, assignsassign, or transfers transfer any interest in any collateral for the loan, Lender may apply the funds in the Program account Account to the remaining loan balance.. -
Appears in 1 contract
Samples: Promissory Note/Loan Agreement (Western Plains Energy LLC)
Transfer of Security. If Borrower sells, assigns, or transfers any interest in any collateral for the loanLoan, Lender may apply the funds in the Program account Account to the remaining loan Loan balance.
Appears in 1 contract
Samples: Promissory Note/Loan Agreement (Iroquois Valley Farmland REIT, PBC)
Transfer of Security. If Borrower sells, assigns, or transfers any interest in any collateral for the loan, Lender may apply the funds in the Program account Account to the remaining loan balance.
Appears in 1 contract
Samples: Construction and Revolving Loan Agreement (United Wisconsin Grain Producers LLC)
