Common use of Application of Payment Clause in Contracts

Application of Payment. All payments received by MediCard from the MEMBER shall be applied to the SOAs, in the order of respective due dates, starting from the earliest. Payment will be applied to the interest or penalty first before applying it to the principal amount.

Appears in 8 contracts

Samples: Healthcare Program Agreement, Healthcare Program Agreement, Healthcare Program Agreement

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Application of Payment. All payments received by MediCard from the COMPANY or MEMBER shall be applied to the SOAs, in the order of respective due dates, starting from the earliest. Payment will be applied to the interest or penalty first before applying it to the principal amount.

Appears in 4 contracts

Samples: Medicard Select Memorandum of Agreement, Medicard Select Memorandum of Agreement, Medicard Select Memorandum of Agreement

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Application of Payment. All payments received by MediCard from the MEMBER CLIENT shall be applied to the SOAs, in the order of respective due dates, starting from the earliest. Payment will be applied to the interest or penalty first before applying it to the principal amount.

Appears in 3 contracts

Samples: Kabayan Memorandum of Agreement, Kabayan Memorandum of Agreement, Kabayan Memorandum of Agreement

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