Common use of Payments of the Borrower Clause in Contracts

Payments of the Borrower. 8.1. The Borrower shall make the Borrower’s Payments to the Loan Originator pursuant to the Loan Agreement only after the Borrower has received the payment of the principal amount of the loan and/or the interest from the private individual as per the Borrower’s loan agreement that is stipulated in the Loan Agreement securing the performance of the Borrower’s obligations arising from the Loan Agreement. The repayment date of the Loan specified in the Basic Terms and Conditions is for informative purposes only and conforms to the term specified in the Loan Agreement. The Loan Originator and Mintos are not responsible for the failure by the Borrower to comply with the repayment date of the Loan or the payment date of interest.

Payments of the Borrower. 8.19.1. The Borrower shall make the Borrower’s Payments to the Loan Originator pursuant to the Loan Agreement only after the Borrower has received the payment of the principal amount of the loan and/or the interest from the private individual as per the Borrower’s loan agreement that is stipulated in the Loan Agreement securing the performance of the Borrower’s obligations arising from the Loan Agreement. The repayment date of the Loan specified in the Basic Terms and Conditions is for informative purposes only and conforms to the term specified in the Loan Agreement. The Loan Originator and Mintos are not responsible for the failure by the Borrower to comply with the repayment date of the Loan or the payment date of interest.