Common use of Truth-in-Lending Statement Clause in Contracts

Truth-in-Lending Statement. Customer hereby acknowledges receipt of Scotia’s Truth-in-Lending disclosure statement. Interest will be charged on any debit balances in any accounts in accordance with the methods described in such statement or in any amendment or revision thereto that may be provided to Customer. Any debit balance that is not paid at the close of an interest period will be added to the opening balance for the next interest period. Customer acknowledges that this Truth-in-Lending statement shall also be deemed to be the Truth-in-lending disclosure statement of any other Scotia Entity that is a registered U.S. broker-dealer, but only to the extent any such Scotia Entity has not provided Customer with a separate Truth-in-Lending statement.

Appears in 4 contracts

Samples: Lending Services Agreement (Cushing MLP & Infrastructure Total Return Fund), Lending Services Agreement (Cushing Renaissance Fund), Lending Services Agreement (Trust for Advised Portfolios)

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