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FORM of AGREEMENT for CREDIT FACILITIES EXTENDED to

FORM of AGREEMENT for CREDIT FACILITIES EXTENDED to

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what is a credit agreement credit agreements are legal documents that detail the terms and conditions of the business relationship that exists between a lender and a client agreements of this type are used whenever a bank extends a loan a credit card provider authorizes the issuance of a credit card to a new customer and even when the financial institution establishes a line of credit that the customer can draw upon when it is needed the provisions found within a credit agreement address specifics such as the terms of repayment and the amount and type of interest applied to the outstanding balance a credit agreement will also provide information regarding the steps each party may take in the event that the other party fails to meet the commitments identified in the text of the document there are several factors that go into determining what information is addressed in a particular credit agreement in some cases the type of credit extended will be key to the overall structure of the con

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