line of credit loan agreement template

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provided that borrower is not in default under this agreement or the promissory note, at the maturity date, the borrower, at the borrower’s option may extend and renew this credit line for one additional term of six (6) months. no lender shall not be required to make any advance hereunder unless and until: all of the documents required by such lender, including a promissory note, have been duly executed and delivered to such lender and shall be in full force and effect. no information or report furnished by borrower to lender in connection with the negotiation of this agreement contained any material misstatement of fact or omitted to state a material fact or any fact necessary to make the statements contained therein not misleading.

default by borrower in the observance or performance of any other covenant or agreement contained in this agreement, other than a default constituting a separate and distinct event of default under this paragraph 13.  default by borrower in the observance or performance of any other covenant or agreement contained in any other document or agreement made and given in connection with this agreement, other than a default constituting a separate and distinct event of default under this paragraph 13, and the continuance of the same unremedied for a period of fourteen (14) days after notice thereof is given to borrower. in order to facilitate the security for this credit line the borrower shall issue 100,000 shares in the name of the borrower to be held as security in accordance with a separate pledge agreement (the “pledge agreement”) of even date herewith between the borrower and the lender. this agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same agreement.

in consideration of the mutual covenants and agreements contained herein, the parties agree as follows: 1. line of this line of credit agreement is made as of this ___ day of ______, 20 ___ (the the loan made hereunder will bear interest at the rate as determined this line of credit agreement and the covenants and agreements herein. the borrower promises to pay back the loan in line with a repayment schedule loan agreements: by type (10) not have sufficient credit to borrow money this form allows someone else to be liable , loan agreement template word, loan agreement template word, loan agreement between individuals, loan agreement letter, personal loan template.

revolving line of credit loan agreement – schuff steel co. and bank one arizona na: learn more instruments and agreements executed in connection with the loan and the security therefor (‘loan it is the intent of the borrower and lender hereunder to create a line of credit agreement between borrower and lender revolving line of credit agreement – michael robertson and lindows.com inc. loan forms. loan agreement , secured loan agreement template, borrowing money from a friend contract, borrowing money from a friend contract, business loan agreement pdf, personal loan form pdf

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