Common use of MINIMUM PAYMENT OPTIONS Clause in Contracts

MINIMUM PAYMENT OPTIONS. 8.1 The Monthly Payment amount due by the Customer to PCUL shall be paid by the agreed payment due date as follows: (a) by a part payment equal to or greater than ten per cent (10%) of the total monthly due amount which shall be inclusive of: the Outstanding Principal for the month, the interest charged or accrued for the month and monthly Vehicle tracking fees; and

Appears in 3 contracts

Sources: Working Capital Wallet Facility Agreement, Working Capital Wallet Facility Agreement, Working Capital Wallet Facility Agreement

MINIMUM PAYMENT OPTIONS. 8.1 11.1 The Monthly Payment amount due by the Customer to PCUL shall be paid by the agreed payment due date as follows: (a) by a part payment equal to or greater than ten per cent (10%) of the total monthly due amount which shall be inclusive of: the Outstanding Principal for the month, the interest charged or accrued for the month and monthly Vehicle tracking fees; and

Appears in 1 contract

Sources: Revolving Credit Facility Agreement