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Lending Agreement |
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Lending agreement Lending Agreement A contract specifying the terms of a loan. Included in a lending agreement are the amount to be borrowed, the interest rate, and the maturity ? or time until the loan comes due. A lending agreement is legally binding, giving each party certain obligations toward the other, namely the lender's obligation to provide funds and the borrower's obligation to repay them.. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The new credit line replaces a lending agreement set to expire in June. Variable-rate loans will drop on a schedule written into your lending agreement (which you may not have read). s 10-year, $10 billion community lending agreement that was reached last August after it announced its merger with NCNB Corp. |
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