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LINE OF CREDIT AGREEMENT This LINE OF CREDIT AGREEMENT (the Line of Credit Agreement) is made as of this 19th day of October 2015, by and among ORIENTAL NONFERROUS RESOURCES DEVELOPMENT INC. (the

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What is line of credit agreement?

A line of credit agreement is a pre-established amount of credit extended to a borrower by a lender that the borrower can draw upon as needed.

Who is required to file line of credit agreement?

The borrower and the lender are required to file the line of credit agreement.

How to fill out line of credit agreement?

The line of credit agreement can be filled out by providing necessary information such as borrower details, lender details, credit limit, interest rate, and repayment terms.

What is the purpose of line of credit agreement?

The purpose of a line of credit agreement is to provide borrowers with easy access to funds when needed, without the need for repeated loan applications.

What information must be reported on line of credit agreement?

Information such as borrower details, lender details, credit limit, interest rate, repayment terms, and any collateral provided must be reported on the line of credit agreement.

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