Common use of ANTICIPATED PAYMENT Clause in Contracts

ANTICIPATED PAYMENT. Any advanced payment, deposit of option or extraordinary payment that THE LESSOR made before the date on which the contract was signed shall be on behalf of THE LESSEE and it shall generate interests at the Libor rate of the week, plus two (2) points due month.

Appears in 6 contracts

Samples: Leasing Agreement (Transtel S A), Leasing Agreement (Transtel S A), Leasing Agreement (Transtel S A)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!