Repayment Terms definition
Repayment Terms means repaying to the Authority any sums due to for providing such services as are not provided by the Contractor but are necessary for the proper execution of the Contract.
Repayment Terms. Unless payable sooner as a result of its acceleration, the Borrower promises to pay this Note as follows (choose the applicable Repayment Term):
Repayment Terms. This paragraph is deleted in its entirety and the following inserted: Commencing April 1, 2002, this Note shall be due and payable in principal payments as set forth in Schedule A attached hereto and made a part hereof together with accrued interest thereon at the 1 month LIBOR rate plus 650 basis points. All remaining principal and interest shall be due and payable on June 28, 2002.
Examples of Repayment Terms in a sentence
Your Minimum Payment due is equal to your Minimum Payment plus the Special Repayment Terms for any Promotional Credit Plans with a special repayment term plus any debt cancellation fees or credit insurance premiums attributable to any Reduced Rate/Special Repayment Terms Credit plans plus any delinquent amounts.
The Minimum Payment is the greater of a.) $25 or b.) 1% of your “New Balance” (which does not include balances on Special Repayment Terms Credit Plans) plus billed Interest Charges plus any Late Fees assessed for that month, rounded to the next highest dollar.
Statesman will purchase only those invoices which are in conformity with the preestablished Repayment Terms which have been approved by Statesman.
The Cooperative will not make any changes in the Repayment Terms offered to the Wholesale Account customers without first obtaining Statesman's written approval.
Statesman will review the Repayment Terms to be offered prior to their implementation by the Cooperative and will advise the Cooperative of its acceptance of the proposed Repayment Terms.
More Definitions of Repayment Terms
Repayment Terms. Principal is due and payable in full on the Maturity Date, but the Borrower shall be liable for only so much of the Loan Amount as shall be equal to the total amount advanced to the Borrower by SunTrust from time to time, less all payments made by or for the Borrower and applied by SunTrust to principal. Advances under this Note shall be recorded and maintained by SunTrust in its internal records and such records shall be conclusive of the principal and interest owed by Borrower unless there is a material error in such records. Accrued interest will be payable on the 4th day of each month beginning on July 04, 2009, with all unpaid accrued interest due and payable on the Maturity Date.
Repayment Terms. Any cash advances under the line will be evidenced by short term notes (less than 12 months) with interest payable monthly on the first day of each month.
Repayment Terms. The Loan Amount shall be payable in 13 consecutive quarterly installments of principal of $100,000.00 each, plus interest, payable on the first day of each calendar quarter, beginning October 1, 1997, and a final payment of $50,000.00 plus interest and other amounts owed, due on January 1, 2001.
Repayment Terms. Principal on demand, plus interest, but the undersigned shall be liable for only so much of the Loan Amount as shall be equal to the total advanced to or for the undersigned, or any of them, by the Bank from time to time, less all payments made by or for the undersigned and applied by the Bank to principal, plus interest on each such advance, and any other amounts due all as shown on the Bank's books and records, which shall be prima facie evidence of the amount owed. Principal shall be payable on the Termination Date, as defined in the "Agreement,' as hereinafter defined.
Repayment Terms. Interest payable monthly. Principal due on demand. Collateral: Certificate of Deposit issued by Wachovia Bank in the amount of $435,000. To the extent permitted by law, the collateral specified above shall secure the Commitment and also secure any and all other liabilities, obligations and indebtedness of the Borrower to Lender, now existing or hereafter arising.
Repayment Terms. Principal on demand, plus interest, but the undersigned shall be liable for only so much of the Loan Amount as shall be equal to the total advanced to or for the undersigned, or any of them, by the Bank from time to time, less all payments made by or for the undersigned and applied by the Bank to principal, plus interest on each such advance, and any other amounts due all as shown on the Bank's books and records, which shall be prima facie evidence of the amount owed. This Master Borrowing arrangement will terminate upon written notice from the Bank to the undersigned, or if such notice is not sooner given, on 03/31/2001, unless an alternate termination date is indicated in the Agreement", as defined below. THE BANK SHALL HAVE THE RIGHT TO DEMAND PAYMENT AT ANY TIME EVEN IF AN EVENT OF DEFAULT (AS IDENTIFIED IN THIS NOTE) HAS NOT OCCURRED.
Repayment Terms. Interest payable monthly on the first business day of each calendar month. TERMINATION DATE: After closing, this line of credit will expire on May 31, 1998 ("Termination Date") provided however that the Termination Date shall automatically be extended for an additional three month period on each August 31, November 30, February 28, and May 31 (each an "Extension Date") unless the Bank has notified the Borrower in writing at least 60 days prior to an Extension Date that it will not be so extended. In no event shall the Termination Date extend beyond the "Termination Date" in effect under the Credit Agreement dated April 23, 1997 between ▇▇▇▇, Inc. and Wachovia Bank of Georgia, as Agent.