Common Contracts
1 similar Financing Agreement contracts
Financing Agreement Type: Standard Loan Deferred Loan Balloon Loan LeaseFinancing Agreement • February 1st, 2019
This Addendum amends the Financing Contract. In the event of a Constructive Total Loss of the Collateral, We hereby agree to waive Our rights against You for the amount due under a Qualifying Loss. You will remain responsible for any Delinquent Payments, payment extensions, or any items listed under EXCLUSIONS. This Addendum will follow the Financing Contract with no subrogation rights against the Customer/Borrower, if the Financing Contract is sold or assigned by Us.
