DEMAND CLAUSE

By SovConn | June 30, 2014

demand clause.A provision in a note allowing the holder to compel full payment if the maker

fails to  meet an  installment.  Cf.  ACCELERATION  CLAUSE. [Cases:  Bills  and  Notes    129(3).

C.J.S. Bills and Notes; Letters of Credit§ 90.] [Blacks Law 8th]

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