Common use of Allocation of Payments Clause in Contracts

Allocation of Payments. Payments shall be first (1st) credited to any late fees due, second (2nd) any to interest due, and any remainder will be credited to the principal.

Appears in 35 contracts

Samples: Secured Promissory Note, Small Business Loan Agreement, Unsecured Promissory Note

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Allocation of Payments. Payments shall be first (1st) credited to any late fees due, second (2nd) any then to interest due, due and any remainder will be credited to the principal.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Cryomass Technologies, Inc.), Line of Credit Agreement (Kona Gold Solutions, Inc.), Line of Credit Agreement (Kona Gold Beverage, Inc.)

Allocation of Payments. 8.1. Payments shall be first (1st) credited to any late fees due, second (2nd) any then to interest due, and any remainder will shall be credited to the principalPrincipal Amount.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Amphitrite Digital Inc), Promissory Note Agreement (Amphitrite Digital Inc), Promissory Note Agreement (Amphitrite Digital Inc)

Allocation of Payments. 6.1. Payments shall be first (1st) credited to any late fees due, second (2nd) any then to interest due, and any remainder will shall be credited to the principalPrincipal Amount.

Appears in 2 contracts

Samples: Promissory Note Agreement (Amphitrite Digital Inc), Stock Sale and Purchase Agreement (Amphitrite Digital Inc)

Allocation of Payments. Payments shall be first (1st) credited to any late fees due, second (2nd) any to interest due, and any remainder will be credited to the principal. XI.

Appears in 2 contracts

Samples: static1.squarespace.com, static1.squarespace.com

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Allocation of Payments. Payments Each payment shall be credited first (1st) credited to any late fees charge due, second (2nd) any to interest dueinterest, and any the remainder will be credited to the principal.

Appears in 2 contracts

Samples: www.ci.benton-city.wa.us, www.wsba.org

Allocation of Payments. Payments shall be first (1st) credited to any late fees due, second (2nd) any to .to interest due, and any remainder will be credited to the principal.

Appears in 1 contract

Samples: Akanda Corp.

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