Borrowed Amount definition
Examples of Borrowed Amount in a sentence
Borrower’s Signature: Date: Print Name: ▇▇▇▇▇▇’s Signature: Date: Print Name: GUARANTOR (IF APPLICABLE) The Guarantor, known as [GUARANTOR’S NAME], agrees to be liable and pay the Borrowed Amount, including principal and interest, in the event of the Borrower’s default.
Borrower’s Signature: Date: Print Name: ▇▇▇▇▇▇’s Signature: Date: Print Name: GUARANTOR ADDENDUM The Guarantor, known as [GUARANTOR’S NAME], agrees to be liable and pay the Borrowed Amount, including principal and interest, in the event of the Debtor’s default.
The Borrower and ▇▇▇▇▇▇ agree to the terms and conditions and shall be bound until the Borrowed Amount is repaid in full.
In the event any payment under this Agreement is not paid when due, the Debtor agrees to pay, in addition to the principal and interest hereunder, reasonable attorney’s fees not exceeding a sum equal to the maximum usury rate in the state of Governing Law of the then outstanding balance owing on the Borrowed Amount, plus all other reasonable expenses incurred by Creditor in exercising any of its rights and remedies upon default.
The Debtor and Creditor agree to the terms and conditions and shall be bound until the Borrowed Amount is repaid in full.
In the event any payment under this Agreement is not paid when due, the Borrower agrees to pay, in addition to the principal and interest hereunder, reasonable attorney’s fees not exceeding a sum equal to the maximum usury rate in the state of Governing Law of the then outstanding balance owing on the Borrowed Amount, plus all other reasonable expenses incurred by ▇▇▇▇▇▇ in exercising any of its rights and remedies upon default.
Debtor’s Signature: Date: Print Name: Creditor’s Name: Date: Print Name: GUARANTOR’S ADDENDUM The Guarantor, known as [GUARANTOR’S NAME], agrees to be liable and pay the Borrowed Amount, including principal and interest, in the event of the Debtor’s default.
Subject to the terms and conditions contained in this Agreement and upon execution of this Agreement, the Company agrees to issue to Borrower a check or other readily available funds in the Borrowed Amount upon the date of this Agreement.
You agree that with respect to the Products purchased with the Borrowed Amount: (a) you have selected each item of the Products you purchased; (b) we are only lending you the Borrowed Amount to enable you to purchase the Products; (c) we do not directly or indirectly offer, sell, select, or provide any of the Products you purchased; and (d) we are not a seller, supplier, merchant, or warrantor.
You have borrowed the Borrowed Amount from us (the “Loan”) to enable you to purchase the Products.