- 166 -
the Multi-Credit $800,000 deposit (viz., 6.875 percent to 8
percent).120
With respect to the nature of the relationship disclosed by
the record between the respective dates on which interest was
payable or paid on the UB $800,000 Radcliffe loan and the Multi-
Credit $800,000 deposit that secured that loan,121 the record es-
tablishes that, for the period that began on or about June 27,
1985, the date on which Radcliffe assumed the $800,000 loan that
Union Bank or one of its branches or predecessors in San Francis-
co had made to NMSC, and ended on July 10, 1986, the date on
which the UB $800,000 Radcliffe loan was due, (1) 11 of the dates
on which interest was payable on the Multi-Credit $800,000 depos-
it were the same or nearly the same or occurred, at most, one
week before the dates on which interest was payable on the UB
$800,000 Radcliffe loan, and (2) four of the dates on which
interest was payable on that deposit occurred, at most, 13 days
before the dates on which interest was payable on that loan.
120 We also note that the differences disclosed by the record
between the percentage interest rates on the UB $800,000
Radcliffe loan over the corresponding interest rates on the
Multi-Credit $800,000 deposit that secured that loan were larger
than any of the differences disclosed by the record between the
actual interest rate percentages on each of certain other loans
at issue and the interest rates on each of certain deposits that
secured them (viz., .5 percent with respect to BB Loan Nos. 2 and
3 and 1.15 percent with respect to the UB $1,300,000 and
$1,830,000 loans).
121 The record does not show that relationship, if any, for the
brief period that commenced on July 10, 1986, and ended on July
23, 1986. See supra note 119.
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