Examples of Date of Advance in a sentence
If the Loan is not advanced within thirty (30) days of the Date of Advance then the Lender may, by written notice to the Borrower, cancel this Agreement.
If the Borrower has met the requirements set out in clause 2.1 the Lender shall make the Loan available to the Borrower on the Date of Advance and each Instalment available to the Borrower at the times set out in the Specific Terms.
Date of Advance Put Notice: ___________________ Intended Put Date: ___________________________ Intended Put Share Amount: __________________ Company Designation Maximum Put Dollar Amount (Optional): ________________________________________.
Interest-only payments shall be due and payable in consecutive monthly installments of Dollars ($_________) on or before the 5th day of the month following the Date of Advance and continuing likewise on the 5th day of each month.
The retained interest will be accumulated and compounded, commencing on the Date of Advance until redeemed.2.7 Security.