demand clause
demand clause (票据中的)支付条款 在出票人对分期付款的任何一期款项不能按时支付的情况下,该条款允许持票人强制出票人全额付款。
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.]