Common use of FULFILLING YOUR OBLIGATION Clause in Contracts

FULFILLING YOUR OBLIGATION. Your payment obligation under your ISA ends upon the earliest to occur of the following – (a) you make the Maximum Number of Payments; (b) the total of your payments (not including fees) reaches the Payment Cap; or (c) more than 60 months elapse after your Grace Period ends.

Appears in 2 contracts

Samples: Income Share Agreement, Income Share Agreement

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FULFILLING YOUR OBLIGATION. Your payment obligation under your ISA ends upon the earliest to occur of the following – (afollowing—(a) you make the Maximum Number of Payments; (b) the total of your payments (not including fees) reaches the Payment Cap; or (c) more than 60 64 months elapse after your Grace Period ends. FEES: Late Fee—The lesser of $5 and 5% of the payment amount due. Returned Payment Fee—$25.

Appears in 1 contract

Samples: Income Share Agreement

FULFILLING YOUR OBLIGATION. Your payment obligation under your ISA ends upon the earliest to occur of the following – (afollowing—(a) you make the Maximum Number of Payments; (b) the total of your payments (not including fees) reaches the Payment Cap; or (c) more than 60 72 months elapse after your Grace Period ends. FEES: Late Fee—The lesser of $5 and 5% of the payment amount due. Returned Payment Fee—$25.

Appears in 1 contract

Samples: Income Share Agreement

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FULFILLING YOUR OBLIGATION. Your payment obligation under your ISA ends upon the earliest to occur of the following – (afollowing—(a) you make the Maximum Number of Payments; (b) the total of your payments (not including fees) reaches the Payment Cap; or (c) more than 60 84 months elapse after your Grace Period ends. FEES: Late Fee—The lesser of $5 and 5% of the payment amount due. Returned Payment Fee—$25.

Appears in 1 contract

Samples: Income Share Agreement

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