Contractual Payments definition
Examples of Contractual Payments in a sentence
Settlement Report a report in a form specified by the Lender on the payment of Contractual Payments arising from all Partner’s Loan Agreements submitted by the Lender to the Partner as per this Agreement.
The Lender shall prepare the Settlement Report for the Contractual Payments in electronic format, and they are valid without a signature and seal.
The Lender is entitled to accordingly increase or reduce Contractual Payments, by informing the Partner on the changes pursuant to this paragraph and sending the respective Settlement Report to the Partner.
The Partner shall make the Contractual Payments by transferring the funds to the Lender’s account specified in the Basic Provisions.
The Service Fee subject to the payment is calculated and provided in the Settlement Report for the Contractual Payments.
Contractual Payments the payments made by the Partner to the Lender, including any payments of the principal amount of the Loan Amount, Interest and other payments specified in the Agreement.
If the Lender continues to service the Contractual Payments arising out of the Agreement, the Partner shall continue to make the Contractual Payments to the Lender’s account or any other account specified in the Lender’s notice to the Partner.
If the Lender assigns the Claims to third parties, not continuing to service the Contractual Payments arising from the Agreement, the Partner shall continue to make the Contractual Payments to the accounts of the new creditors specified in the Lender’s notice to the Partner.
In consideration for the below recited promises, the Company will pay Employee monthly Contractual Payments in the amount of $38,666.66 (hereafter "Contractual Payments") per month, with such Contractual Payments to commence on March 15, 2005 (monthly payment for March 2005 shall be pro rata from March 15, 2005 until March 31, 2005) and to continue through December 31, 2007.
The monthly Contractual Payments will be paid to Employee in two (2) equal installment payments on the 1st and 15th days of each month in Travis County, Texas, and shall be subject to standard ▇ithholdings.