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If your Borrower s use of your loan exceeds the organized limit, curiosity might be charged on the surplus amount in a amount higher than the desire amount in 4.1 above although not exceeding the lawful utmost permissible fee.
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3. If a repayment with regards to this Time period Loan falls due on the day, which isn't a company working day more info (being a day which can be a Saturday, Sunday or Formal public holiday in Nigeria), then these repayment shall be produced within the owing date.
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Dwelling
22.3 The Borrower hereby indemnifies the Lender from any reduction, injury, claims, costs or any other legal responsibility, which can occur (due to this or any other banking facility and/or perhaps the Financial institution getting an interest in almost any from the Borrower s assets) in regard of a breach of, or perhaps a failure by the Borrower to satisfy its Environmental & Social Duties.