Examples of Installment in a sentence
Subsequent to the issuance of the Series 2014 Bonds, the Corporation defaulted on certain of its obligations in connection with the Series 2014 Bonds, including its obligations under the 2014 Indenture and the 2014 Installment Sale Agreement.
The 2014 Bankruptcy Plan provided that all of the payment obligations of the Agency under the outstanding Series 2007 Bonds were restructured by having the owners of all of the Series 2007 Bonds exchange such outstanding Series 2007 Bonds for Series 2014 Bonds (as defined below), with the payment obligations of the Corporation to be restructured as provided in an Installment Sale Agreement dated as of November 1, 2014 (the “2014 Installment Sale Agreement”).
Payment Allocation When you make a payment, generally, we first apply your minimum payment to the monthly obligation for any Installment Plan offer balances, which requires repayment of the balance over a pre-selected number of billing periods, and then to the balance on your monthly statement with the lowest APR.
During the term of this Project Agreement, the Corporation shall maintain insurance with respect to the Project Facility as required pursuant to the Installment Sale Agreement and the Mortgage .
Subsequent to the issuance of the Series 2007 Bonds, the Corporation defaulted on certain of its obligations in connection with the Series 2007 Bonds, including its obligations under the Original Indenture and the Original Installment Sale Agreement.