PRECOMPUTED CONTRACT definition

PRECOMPUTED CONTRACT means a Contract as to which, pursuant to the terms of such Contract, the portion of payments allocable to earned interest and principal thereunder is determined according to the "Rule of 78's Method" or the "Actuarial Method".
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PRECOMPUTED CONTRACT means any Contract under which the portion of a payment allocable to earned interest (which may be referred to in the related Contract as an add-on finance charge) and the portion allocable to the Amount Financed is determined according to the
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PRECOMPUTED CONTRACT means a home repair contract in which the face amount of the payment due consists of the balance so evidenced and the credit service charge thereon; and
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Related to PRECOMPUTED CONTRACT

  • Covered contract means an energy savings performance contract, a utility service contract, or a private housing contract awarded by DoD, if such contract results in DoD ownership of photovoltaic devices, by means other than DoD purchase as end products. DoD is deemed to own a photovoltaic device if the device is—

  • Deemed Contract means a contract which is deemed to have automatically been formed when we supply gas or electricity to your property where you have not actively agreed to a new supply of gas and/or electricity from us;