Total of payments definition

Total of payments means the principal amount of the

Total of payments means the principal amount of the small loan plus all fees or interest charged on the loan.

Total of payments means the total amount of periodic payments necessary to acquire ownership of the property that is the subject of the rental-purchase agreement if the consumer makes all regularly scheduled payments.

Examples of Total of payments in a sentence

• Total of payments to acquire ownership means the total of all charges imposed by the lessor and payable by the consumer as a condition of acquiring ownership of the property.

• Total of payments to acquire ownership includes lease payments and any initial nonrefundable administrative fee or required delivery charge but does not include taxes, late charges, reinstatement fees, or charges for optional products or services.

• Total of payments to acquire ownership" means the total of all charges payable by the consumer to acquire ownership of the rental property.

• Details of Loan: Agreed Between Borrower and Lender: Amount of Loan: $ Other (Describe) $ Amount financed: $ Finance charge: $ Total of payments: $ ANNUAL PERCENTAGE RATE % Repayment of Loan: Borrower will pay back in the following manner: Borrower will repay the amount of this note in equal continuous monthly installments of $ each on the day of each month preliminary on the day of , 20 , and ending on , 20 .

• Total of payments to be made by the facility for electricity, water, fuel oil, gas (for heating), sewage and refuse services, telephone and similar services.

More Definitions of Total of payments

Total of payments or "time balance" means the total of the unpaid balance and the amount of the finance charge, if any, payable by the buyer.

Total of payments. MEANS THE TOTAL AMOUNT OF PERIODIC PAYMENTS

Total of payments means the total of all periodic payments specified in the written agreement which the consumer must pay in order to acquire ownership of the consumer goods without the payment of additional consideration to the dealer.

Total of payments means the amount required to be disclosed pursuant to subdivision (h) of Section 226.18 of Regulation Z. The term includes any portion of the downpayment that is deferred until not later than the second otherwise scheduled payment and that is not subject to a finance charge. The term shall not include amounts for which the buyer may later become obligated under the terms of the contract in connection with insurance, repairs to or preservation of the motor vehicle, preservation of the security interest therein, or otherwise.

Total of payments means the amount the Purchaser will have paid after all payments are made as scheduled.

Total of payments means, determined as of any date, the sum of (i) the Cash Portion, (ii) the Stock Options, valued as of the Closing date applying the Black-Scholes option valuation method (or other comparable method), (iii) the Variable Payments paid to the Seller as of the date of determination and (iv) all amounts, if any, paid to the Seller as of the date of determination (whether by the Purchaser, Purchaser's Affiliates or any third party) pursuant to Section 5.4(d).

Total of payments and "AMOUNT FINANCED" refer to the amounts disclosed on the Disclosure Statement and Itemization of Amount Financed that will be delivered to me prior to the disbursement of any funds. "DISBURSEMENT DATE" means the date on which you lend money to me in consideration of the delivery of this Loan Agreement, which will be the same as the date of the loan check or the date the loan funds are electronically transferred by the Authority to the Existing Lender/Servicer. "FIRST INSTALLMENT DATE" means the date the first monthly installment is due, which will be the 28th day of the month following the month in which the Disbursement Date occurs. "MATURITY DATE" means the date that is the 28th day of the month following the Disbursement Date. Important/Read This Information Carefully. Your receipt of this signed Loan Agreement does not obligate you to lend me money. If you decide to make a Refinance Loan to me, you will mail a loan check or electronically transfer the loan funds to each applicable Existing Lender/Servicer. I understand that you have the right not to make a Refinance Loan to me. If you do not make a Refinance Loan to me, I will have no obligation to you under this Loan Agreement, and this Loan Agreement will be unenforceable. If you do make a Refinance Loan to me, as evidenced by your mailing a loan check or electronically transferring the loan funds to the Existing Lender/Servicer, then all the terms of this Loan Agreement apply to me and to you and, upon such mailing or transfer, this Loan Agreement will constitute a binding agreement of each party. I understand that I am free to notify the Authority of my decision not to borrow money at any time prior to the later of (a) three (3) days after you send me the Final Disclosure Statement and Itemization of Amount Financed and (b) the actual disbursement of funds. I understand that various of the amounts shown on such Disclosure Statement and Itemization of Amount Financed are estimates.