Violation of standard or restrictive provision


Violation of any standard or restrictive provision by the borrower gives the lender the right to do all of the following except

a. demand immediate repayment

b. alter the terms of the initial agreement, for example accelerate the maturity date

c. increase the interest rate

d. size the loan collateral

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Finance Basics: Violation of standard or restrictive provision
Reference No:- TGS048820

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