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MULTIPLE DISBURSEMENT TERM NOTE Massachusetts___, 20 ___ $___BORROWER (Name): (Organizational Structure): (State Law organized under): (Address of residence/chief executive office):BANK: M&T BANK,
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A multiple disbursement term note is a document that outlines the terms and conditions of a loan that will be disbursed in multiple installments over a period of time.
Lenders or borrowers who are entering into a loan agreement that involves multiple disbursements are required to file a multiple disbursement term note.
To fill out a multiple disbursement term note, you will need to include details such as the total loan amount, disbursement schedule, interest rate, repayment terms, and any other relevant conditions of the loan.
The purpose of a multiple disbursement term note is to clearly outline the terms of a loan that will be disbursed in multiple installments, helping to prevent misunderstandings or disputes between the parties involved.
The multiple disbursement term note must include details such as the total loan amount, disbursement schedule, interest rate, repayment terms, and any other relevant conditions of the loan.
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