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Advised Lines of Credit

Financial Term

An authorization which specifies the maximum amount of a credit facility the Firm has made available to an obligor on a revolving but non-binding basis.

The borrower receives written or oral advice of this facility. The Firm may cancel this facility at any time.

   
     

Advised Lines of Credit

Financial Term

An authorization which specifies the maximum amount of a credit facility the Firm has made available to an obligor on a revolving but non-binding basis.

The borrower receives written or oral advice of this facility. The Firm may cancel this facility at any time.

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