Single Advance definition

Single Advance. I will receive all of this principal sum on ________. No additional advances are contemplated under this note.

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Single Advance. I will receive all of this principal sum on JULY 24, 1997. No additional advances are contemplated under this note. INTEREST: I agree to pay interest on the outstanding principal balance from JULY 24, 1997 at the rate of 9.000% per year until FIRST CHANGE DATE. Variable Rate: This rate may then change as stated below. Index Rate: The future rate will be 0.500% OVER the following index rate: PRIME RATE AS PUBLISHED IN THE WALL STREET JOURNAL Frequency and Timing: The rate on this note may change as often as DAILY. A change in the Interest rate will take effect ON THE SAME DAY.

Single Advance. I will receive all of this principal sum on 04/11/08. No additional advances are contemplated under this note.

Examples of Single Advance in a sentence

• Upon the expiration of any fixed rate period, interest shall automatically accrue at the variable rate option unless the amount fixed is repaid or fixed for an Promissory Note and Single Advance Term Loan Supplement RI0042T02 THE MAINE WATER COMPANY Rockport, Maine additional period in accordance with the terms hereof.

• Upon the expiration of any fixed rate period, interest shall automatically accrue at the variable rate option unless the amount fixed is repaid or fixed for an Promissory Note and Single Advance Term Loan Supplement RI1087T04 THE CONNECTICUT WATER COMPANY Clinton, Connecticut -2- additional period in accordance with the terms hereof.

• Subject to the prior satisfaction of all other applicable conditions to the making of a Term Loan disbursement in accordance with the specific terms set forth in Schedule 1 Part 1 hereunder, the Borrower shall furnish to InnoVen the ASHISH Digitally signed by ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Digitally signed by ▇▇▇▇ ▇▇▇▇▇ Drawal Request, at least 2 (Two) Business Days prior to the date of the Single Advance in the manner specified in Schedule 1 Part 3 hereunder, and such drawdown date should be a Business Day.

• You authorize the Credit Union to accept your electronic or facsimile signature for all purposes of authenticating any application, this Agreement and any Non-Replenishing Single Advance Disclosure executed in connection with this Agreement.

• You understand that if you are in default the Credit Union may exercise any or all of its rights under this Agreement or applicable law, and that you will continue to be charged interest on the unpaid balances of your Account at the applicable interest rate(s) specified in this Agreement or in any Non-Replenishing Single Advance Disclosure executed in connection with this Agreement.

• The Company and CoBank are parties to a Promissory Note and Single Advance Term Loan Supplement dated as of June 29, 2009 (the “Supplement”).

• You must make your minimum monthly payments by the due date disclosed to you on your periodic statement for Open- end Credit Loan Types, and by the due date disclosed to you on any Non-Replenishing Single Advance Disclosure for closed-end credit Loan Types.

• Closed-end Credit Loan Types: This Agreement and the Non- Replenishing Single Advance Disclosure is furnished to you in connection with any closed-end Loan Type(s) established for you governs the terms and conditions of each such closed-end Loan Type.

• Promise to Pay: You promise to pay all open-end credit advances and all closed-end credit advances made to you or charged to your Account under the terms of this Agreement and the terms of any Non-Replenishing Single Advance Disclosure furnished in connection with this Agreement, plus all other applicable charges, to the order of the Credit Union in lawful money of the United States.

• Upon the expiration of any fixed rate period, interest shall automatically accrue at the variable rate option unless the amount fixed is repaid or fixed for an Promissory Note and Single Advance Term Loan Supplement RI1087T02 THE CONNECTICUT WATER COMPANY Clinton, Connecticut -2- additional period in accordance with the terms hereof.

More Definitions of Single Advance

Single Advance. I will receive all of this principal sum on ____________________________________. No additional advances are contemplated under this note. |X| Multiple Advance: The principal sum shown above is the maximum amount of principal I can borrow under this note. On June 28, 2001, I will receive the amount of $859,782.46, and future principal advances are contemplated. Conditions: The conditions for future advances are set forth in that certain Construction Loan Agreement of even date herewith between Borrower and Lender. |_| 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--------------------------------------. |

Single Advance. I will receive all of the principal sum of 09/24/2002. No additional advances are contemplated under this note.

Single Advance. I will receive all of the loan amount on __________________. There will be no additional advances under this note.

Single Advance. I will receive all of this principal sum on 09-30-2002. No additional advances are contemplated under this note. INTEREST: I agree to pay interest on the outstanding principal balance from 09-30-2002 at the rate of 8.250% per year until 10-01-2002.