] Multiple Advance definition

] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On ________________ I will receive the amount of $_________________________ and future principal advances are contemplated.
] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On May 9, 1997 I will receive the amount of $______________ and future principal advances are contemplated.
] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On __________________________ I will receive the amount of $___________________ and future principal advances are contemplated. CONDITIONS: The conditions for future advances are AS PER THE TERMS OF THE LINE OF CREDIT AGREEMENT OF EVEN DATE. ____________________________________________________________________________ [ ] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on _________________________________. [ ]

More Definitions of ] Multiple Advance

] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On NOV. 10, 1999 I will receive the amount of $200,000,000 and future principal advances are contemplated. CONDITIONS: The conditions for future advances are AS PER THE TERMS OF THE LINE OF CREDIT AGREEMENT OF EVEN DATE. ____________________________________________________________________________ [X] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on OCTOBER 10, 2000. [ ] CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On JULY 29, 1998 I will receive the amount of $________________ and future principal advances are contemplated. Conditions: The conditions for future advances are AS REQUESTED [ ] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on ___________________________. [X] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions). INTEREST: I agree to pay interest on the outstanding principal balance from JULY 29, 1998 at the rate of 9.500% per year until AUGUST 27, 1998. [ ] Variable Rate: This rate may then change as stated below. [ ] Index Rate: The future rate will be _________________ the following index rate: ____________________________________________ ________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________ [ ] Ceiling Rate: The interest rate ceiling for this note is the _________________ ceiling rate announced by the Credit Commissioner from time to time. [ ] Frequency and Timing: The rate on this note may change as often as ________________________________________________________. A change in the interest rate will take effect ____________________________________________________________________________. [ ] Limitations: During the term of this loan, the applicable annual interest rate will not be more than _______________% or less than ________________%. The rate may not change more than _______________% each _______________________________. Effect of Variable Rate: A change in the interest rate will have the following effect on the payments: [ ] The amount of each scheduled payment will change. [ ] The amount of the final payment will change. [ ] ___________________________________________________________________________________________________________________________. ACCRUAL METHOD: Interest will be calculated on a ACTUAL/360 basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: [ ] on the same fixed or variable rate basis in effect before maturity (as indicated above). [X] at a rate equ...
] Multiple Advance. The loan amount shown above is the maximum amount I can borrow under this note. On 12-02-2004 I will receive $ __________________ and future principal advances are permitted. CONDITIONS: The conditions for future advances are AT THE SOLE DISCRETION OF THE LENDER [X] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount more than one time. All other conditions of this note apply to this feature. This feature expires on 03-02-2005 .
] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On 12-31-04 I will receive the amount of $1,450,000.00 and future principal advances are contemplated. Conditions: The conditions for future advances are --------------------- ------------------------------------------------------------------------- [X] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on December 31, 2005. [ ] Closed End Credit: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions).
] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On ______________ I will receive the amount of $_______ and future principal advances are contemplated. Conditions: The conditions for future advances are _________________________ ____________________________________________________________________________ ____________________________________________________________________________ [ ] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on _______________________________________.
] Multiple Advance. The loan amount shown above is the maximum amount I can borrow under this note. On I will receive $ and future principal advances are permitted. ------------------- CONDITIONS: The conditions for future advances are ----------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- | | OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount more than one time. All other conditions of this note apply to this feature. This feature expires on . ------------------------------------------ | | CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions). INTEREST: I agree to pay interest on the outstanding principal balance from DEC. 14, 1999 at the rate of 8.500% per year -------------------- ----- until FIRST CHANGE DATE . ------------------ |X| VARIABLE RATE: This rate may then change as stated below.
] Multiple Advance. The principal sum shown above is the maximum amount of principal I can borrow under this note. On 08-12-2003 I will receive the ---------- amount of $350,000.00 and future principal advances are contemplated. ----------- Conditions: The conditions for future advances are A. Phone, verbal, written or in person requested by borrower. B. Bank has received all documents, information and warranties as bank may --------------------------------------------------------------------------- require, all properly executed, if appropriate, in a form acceptable to --------------------------------------------------------------------------- bank. ---------------------------------------------------------------------------