FOLIO Ontology

Future Advances Clause

IRI:
https://folio.openlegalstandard.org/R0VVJB13nsr7kBmepoSMW0
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Definition

A Future Advances Clause is a provision in a contract that allows for additional loans or credit to be extended to the borrower in the future, without requiring a new contract or agreement.

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Translations

🇫🇷 fr-fr Clause d'avances futures
🇪🇸 es-es Cláusula de Avances Futuros
🇲🇽 es-mx Cláusula de Avances Futuros
🇧🇷 pt-br Cláusula de avanços futuros
🇬🇧 en-gb Future Advances Clause
🇩🇪 de-de Klausel über zukünftige Fortschritte
🇮🇱 he-il סעיף התקדמות עתידיות
🇮🇳 hi-in भविष्य के आगामी विकास की शर्त
🇯🇵 ja-jp 将来の進歩条項
🇨🇳 zh-cn 未来进展条款

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Additional Information

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Source and Origin

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