Common Contracts
2 similar Revolving Demand Note contracts by FBL Financial Group Inc
REVOLVING DEMAND NOTERevolving Demand Note • November 2nd, 2004 • FBL Financial Group Inc • Life insurance
ON DEMAND, FOR VALUE RECEIVED, the undersigned, Farm Bureau Life Insurance Company, an Iowa corporation (“Borrower”), hereby unconditionally promises to pay to the order of Farm Bureau Mutual Insurance Company (“Lender”) in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million and No/100 Dollars ($10,000,000.00), or if less, the aggregate unpaid principal amount of all advances made by Lender to Borrower hereunder. The outstanding principal balance of this Revolving Demand Note, plus interest as calculated herein, shall be payable in full on demand therefore. In no event, however, shall there be an outstanding balance for a period in excess of thirty (30) days.
REVOLVING DEMAND NOTERevolving Demand Note • November 2nd, 2004 • FBL Financial Group Inc • Life insurance
ON DEMAND, FOR VALUE RECEIVED, the undersigned, EquiTrust Life Insurance Company, an Iowa corporation (“Borrower”), hereby unconditionally promises to pay to the order of Farm Bureau Mutual Insurance Company (“Lender”) in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million and No/100 Dollars ($10,000,000.00), or if less, the aggregate unpaid principal amount of all advances made by Lender to Borrower hereunder. The outstanding principal balance of this Revolving Demand Note, plus interest as calculated herein, shall be payable in full on demand therefore. In no event, however, shall there be an outstanding balance for a period in excess of thirty (30) days.
