Common use of Offer a Discounted Amount Clause in Contracts

Offer a Discounted Amount. The Creditor shall offer a discounted balance of $[AMOUNT] (“Amount Owed”) if the Debtor is able to repay the Creditor under the terms of this Agreement. If the Debtor should violate any of the terms of this Agreement, the Debtor shall revert to owing the Creditor the Current Balance in addition to other penalties, fees, and accumulated interest. V.

Appears in 2 contracts

Samples: Installment Payment Agreement, static1.squarespace.com

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Offer a Discounted Amount. The Creditor shall offer a discounted balance of $[AMOUNT] (“Amount Owed”) if the Debtor is able to repay the Creditor under the terms of this Agreement. If the Debtor should violate any of the terms of this Agreement, the Debtor shall revert to owing the Creditor the Current Balance in addition to other penalties, fees, and accumulated interest. V..

Appears in 2 contracts

Samples: Payment Agreement, static1.squarespace.com

AutoNDA by SimpleDocs

Offer a Discounted Amount. The Creditor shall offer a discounted balance of $[AMOUNT] ______ (“Amount Owed”) if the Debtor is able to repay the Creditor under the terms of this Agreement. If the Debtor should violate any of the terms of this Agreement, the Debtor shall revert to owing the Creditor the Current Balance in addition to other penalties, fees, and accumulated interest. V..

Appears in 1 contract

Samples: Loan Agreement Payment Plan

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