Examples of Repayment Instalments in a sentence
Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met.
However, we reserve the right, in our absolute discretion, and subject your continued adherence to these General Conditions, to accept Repayment Instalments after the Period of this Agreement.
You may be required to make more or less Repayment Instalments than specified in the Important Information section of this Agreement in order to repay the Loan.
Any prepayment in an amount less than the Lender Indebtedness shall be applied pro-rata between the Buyer Credit and the Commercial Loan and, in the case of the Buyer Credit shall be applied in reducing the then future Repayment Instalments in inverse order of maturity.
If, following the Availability Termination Date, the aggregate amount advanced to the Borrower under the Buyer Credit is less than the Buyer Credit Maximum Amount, the amount of each Repayment Instalment of the Buyer Credit shall be reduced pro rata so that the aggregate sum of all such Repayment Instalments shall be equal to the aggregate amount of the Buyer Credit actually advanced.