Monthly Installments. This plan allows Late Purchasers to pay, if paid using a Credit Card only, for their Membership in equal monthly installments starting on the date of purchase and concluding on a date to be stipulated by AHLP. Monthly installments are due on the dates set out in Section 2(c). Late Purchasers will pay a lump sum to catch up to the current payment plan period before continuing with equal monthly installments. Late Purchasers may select a different payment plan for subsequent Seasons subject to the conditions set out in the above Section 3.
Monthly Installments. For purposes of this Agreement, a demotion or requirement of relocation from the Tampa, Florida area shall be deemed to be a termination without Cause.
Monthly Installments. (i) Borrower shall pay to the Bank, monthly in arrears on the last Business Day of each month beginning with the month following the month in which the Closing Date occurs, interest on the outstanding principal amount of the Prime Rate Loans at the annual rate equal to the Prime Rate; provided, however, that if Borrower elects to convert a Prime Rate Loan to a Libor Rate Loan pursuant to Section 3(a), above, Borrower shall pay to the Bank all accrued but unpaid interest on the Prime Rate Loan being so converted, for the period commencing on the date of the last payment date under this Section 3(b) and concluding on the day immediately preceding the first day of the Interest Period for the Libor Rate Loan into which the Prime Rate Loan is converted.
(ii) Borrower shall pay to the Bank, in arrears, interest on the outstanding principal amount of the Libor Rate Loans at the annual rate equal to the Libor Rate. Such interest shall be due and payable on the last Business Day of the applicable Interest Period for each Libor Rate Loan.
Monthly Installments. During the Initial Period, consecutive monthly installments of principal and interest at the Interest Rate, each in the amount of twenty-four thousand nine hundred sixty-four and 26/100 Dollars (US $24,964.26), shall be payable on the First Payment Date and on the first day of every month thereafter to and including December 1, 2016. Thereafter, during the Adjustable Rate Period, consecutive monthly installments of principal and interest, each in the amount of the Required Monthly Payment (defined below), shall be payable on the first day of each month beginning on the first Payment Change Date until the entire unpaid principal balance evidenced by this Note is fully paid. The initial Required Monthly Payment shall be the amount required to amortize the unpaid principal balance of this Note in equal monthly installments, including accrued interest at the then applicable Adjusted Interest Rate, over the then Remaining Amortization Period. Thereafter, to the extent that the Adjusted Interest Rate has changed, the Required Monthly Payment shall change on each Payment Change Date, and shall be set to such amount required to amortize the unpaid principal balance of the Note in equal monthly installments, including accrued interest at the then applicable Adjusted Interest Rate, over the then Remaining Amortization Period. The amount of all Required Monthly Payments shall be calculated utilizing a 30/360 interest calculation payment schedule. Any remaining principal and interest, if not sooner paid, shall be due and payable on the Maturity Date. The unpaid principal balance shall continue to bear interest after the Maturity Date at the Default Rate until and including the date on which the Indebtedness is paid in full.
Monthly Installments. Individual Teachers will have the annual Association dues deducted in twelve (12) equal monthly installments.
Monthly Installments. There shall be no monthly installments due under this Note, so long as the Borrower fulfills its obligations under the Loan Documents, until the fifteenth (15th) anniversary of the Term commencement date, when any unpaid and unforgiven principal balance or other charges having been assessed or being due under any of the Loan Documents shall become due.
Monthly Installments. All monthly installments of Annual Rent shall be paid on or before the Due Date in United States Dollars, without prior demand or offset except as specifically permitted under this Lease. Any monthly installment of Annual Rent made more than fifteen (15) days after the Due Date shall bear interest at the rate of one and one-half percent (1.5%) per annum until paid.
Monthly Installments. During each Contract Year, Lyric shall make monthly installments on account of the Annual Continuing Fee for such Contract Year. The installment for each month shall be equal to 1% of the Lyric Gross Revenues for each month, and shall be paid on or before the 25th day of the following calendar month, subject to Section 5.5.
Monthly Installments. Consecutive monthly installments of principal and interest, each in the amount of Thirty-Four Thousand Three Hundred Twenty-Five and 05/100ths Dollars (US $34,325.05), shall be payable on the First Payment Date and on the first day of every month thereafter, until the entire unpaid principal balance evidenced by this Note is fully paid. Any remaining principal and interest shall be due and payable on the Maturity Date. The unpaid principal balance shall continue to bear interest after the Maturity Date at the Default Rate set forth in this Note until and including the date on which it is paid in full.
Monthly Installments. Maker shall pay to Payee six (6) consecutive monthly payments consisting of; (i) a fixed principal payment in the amount of Twenty Seven Thousand One and 98/100 Dollars ($27,001.98), plus (ii) interest at the Interest Rate accrued on the Principal Balance (hereinafter individually referred to as “Monthly Installment” and collectively referred to as the “Monthly Installments”), which Monthly Installments shall be due, payable and paid on January
1, 2005 and on the first day of each calendar month thereafter through and including May 1, 2005.
