Common use of Equal Installments Clause in Contracts

Equal Installments. Such Contract has a fixed rate of interest ------------------- and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Fairfield Communities Inc), Receivables Purchase Agreement (Fairfield Communities Inc)

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Equal Installments. Such Contract has a fixed rate of interest and ------------------- and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basisbasis utilizing a simple interest calculation.

Appears in 2 contracts

Samples: Pledge and Servicing Agreement (Fairfield Communities Inc), Receivables Purchase Agreement (Fairfield Communities Inc)

Equal Installments. Such Contract has a fixed rate of interest ------------------- (or in the case of a 1995 Contract, a fixed or a floating rate of interest) and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

Equal Installments. Such Contract has a fixed rate of interest ------------------- and ------------------ provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

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Equal Installments. Such Contract has a fixed rate of interest and ------------------- and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Equal Installments. Such Contract has a ------------------ fixed rate of interest ------------------- (or, in the case of any 1995 contract, a fixed or a floating rate of interest) and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

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