Examples of Regular Payment in a sentence
If this contract is not a Regular Payment Contract or if it has a term greater than 61 months, you will figure the Finance Charge refund using the scheduled installment earnings method as defined by the Texas Finance Commission rule.
Furthermore, if during such a check, as indicated in the above clause, the Bank found out that there are no sufficient funds on Client's Current Account to debit the Regular Payment in accordance with the terms of this Agreement, it is considered that there were no funds or insufficient funds on the date of Regular Payment write-off, which resulted in non-execution of this transaction.
When there are no sufficient funds on the Current Account to execute the Regular Payment on the date of writing-off in accordance with the Payment Schedule and the terms of this Agreement, the Bank shall not be liable for the non- payment (Client's violation of the terms of transfer, etc.) of the Regular Payment.
At the same time, the Bank shall not be liable for the non-payment (Client's violation of the terms of transfer, etc.) of such Regular Payment.
In case there are no sufficient funds on Client's on the Current Account to execute standard Regular Payments on the debiting date, the Bank shall acct according to clause 5.3.8. and 5.3.8.1. of the Agreement and does not track the further status of the specified Regular Payment and does not execute the debiting on a different date upon receipt of sufficient funds on the Current Account.