TEN PAY INSTALLMENT PLAN definition
TEN PAY INSTALLMENT PLAN an installment payment plan of the Borrower which requires the customer to make payment in ten consecutive monthly installments, the first installment of which is to be paid at or before shipment of the item sold. EXHIBIT 1.1-B TO CREDIT AGREEMENT BORROWING BASE CERTIFICATE Borrowing Base as of ______________________, 199___ To: First Bank National Association: The undersigned hereby certifies to First Bank National Association that as of the date above, the Borrowing Base for DAMARK INTERNATIONAL, INC. was as follows: