In a line of credit agreement, a bank may retain the right to revoke the line if any major changes occur in the firm's financial condition or operations.

Name: In a line of credit agreement, a bank may retain the right to revoke the line if any major changes occur in the firm's financial condition or operations.
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This is a common clause in most line of credit agreements to protect the bank's interest in case of adverse changes in the borrower's financial condition or operations.

In a Line of Credit Agreement, a Bank May Retain