Multiple Assets Sample Clauses
The Multiple Assets clause defines how a contract applies to more than one asset, rather than being limited to a single item or property. In practice, this means the rights, obligations, or transactions described in the agreement can cover a portfolio of assets, such as several pieces of equipment, multiple real estate properties, or a group of financial instruments. This clause streamlines administration and ensures consistent terms across all included assets, reducing the need for separate agreements and minimizing ambiguity about coverage.
Multiple Assets where you are using the Loan to buy more than one Asset or the Loan is secured by more than one Asset, each reference in this Agreement to “the Asset” means each Asset.
Multiple Assets. If, on any Drawdown Date, the Borrower wishes to draw Loans in respect of multiple Assets, it shall not be required to deliver a separate Loan Request for each such Loan provided the Borrower complies with Section 2.03(b) in respect of each applicable Asset.
Multiple Assets. Number of Payments Starting Interest Ending Date Made Balance Loan Payments 7.49999% Principal Balance Jan-01-02 0 0.00 638,154.50 0.00 0.00 0.00 638,154.50 Feb-01-02 1 638,154.50 0.00 0.00 3,988.46 -3,988.46 642,142.96 Mar-01-02 2 642,142.96 0.00 15,809.76 4,013.40 11,796.36 630,346.59 Apr-01-02 3 630,346.59 0.00 15,809.76 3,939.66 11,870.10 618,476.49 May-01-02 4 618,476.49 0.00 15,809.76 3,865.48 11,944.28 606,532.20 Jun-01-02 5 606,532.20 0.00 15,809.76 3,790.82 12,018.94 594,513.26 Jul-01-02 6 594,513.26 0.00 15,809.76 3,715.70 12,094.06 582,419.20 Aug-01-02 7 582,419.20 0.00 15,809.76 3,640.12 12,169.64 570,249.56 Sep-01-02 8 570,249.56 0.00 15,809.76 3,564.06 12,245.70 558,003.85 Oct-01-02 9 558,003.85 0.00 15,809.76 3,487.52 12,322.24 545,681.61 Nov-01-02 10 545,681.61 0.00 15,809.76 3,410.52 12,399.24 533,282.36 Dec-01-02 11 533,282.36 0.00 15,809.76 3,333.02 12,476.74 520,805.61 ---------- ---------- ---------- ---------- 638,154.50 158,097.60 40,748.76 117,348.84 Jan-01-03 12 520,805.61 0.00 15,809.76 3,255.04 12,554.72 508,250.88 Feb-01-03 13 508,250.88 0.00 15.809.76 3,176.56 12,633.20 495,617.68 Mar-01-03 14 495,617.68 0.00 15,809.76 3,097.62 12,712.14 482,905.52 Apr-01-03 15 482,905.52 0.00 15,809.76 3,018.16 12,791.60 470,113.92 May-01-03 16 470,113.92 0.00 15,809.76 2,938.22 12,871.54 457,242.37 Jun-01-03 17 457,242.37 0.00 15,809.76 2,857.76 12,952.00 444,290.37 Jul-01-03 18 444,290.37 0.00 15,809.76 2,776.82 13,032.94 431,257.42 Aug-01-03 19 431,257.42 0.00 15,809.76 2,695.36 13,114.40 418,143.01 Sep-01-03 20 418,143.01 0.00 15,809.76 2,613.40 13,196.36 404,946.64 Oct-01-03 21 404,946.64 0.00 15,809.76 2,530.92 13,278.84 391,667.80 Nov-01-03 22 391,667.80 0.00 15,809.76 2,447.92 13,361.84 378,305.96 Dec-01-03 23 378,305.96 0.00 15,809.76 2,364.42 13,445.34 364,860.60 ---------- ---------- ---------- ---------- 0.00 189,717.12 33,772.20 155,944.92 Jan-01-04 24 364,860.60 0.00 15,809.76 2,280.34 13,529.38 351,331.22 Feb-01-04 25 351,331.22 0.00 15.809.76 2,195.82 13,613.94 337,717.28 Mar-01-04 26 337,717.28 0.00 15,809.76 2,110.74 13,699.02 324,018.25 Apr-01-04 27 324,018.25 0.00 15,809.76 2,025.12 13,784.64 310,233.60 May-01-04 28 310,233.60 0.00 15,809.76 1,938.96 13,870.80 296,362.80 Jun-01-04 29 296,362.80 0.00 15,809.76 1,852.26 13,957.50 282,405.30 Jul-01-04 30 282,405.30 0.00 15,809.76 1,765.04 14,044.72 268,360.57 Aug-01-04 31 268,360.57 0.00 15,809.76 1,677.26 14,132.50 254,228.06 Sep-01-04 32 254,228.06 0.00 15,809.76 1,588.92 14...
Multiple Assets. Number of Payments Starting Interest Ending Date Made Balance Loan Payments 7.49999% Principal Balance
Multiple Assets. NUMBER OF PAYMENTS STARTING INTEREST INTEREST ENDING DATE MADE BALANCE LOAN PAYMENT 7.00001% RATE PRINCIPAL BALANCE Sep-19-02 0 0.00 2,000,000.00 0.00 0.00 7.00 0.00 2,000,000.00 Oct-19-02 1 2,000,000.00 0.00 89,545.17 11,666.68 7.00 77,878.49 1,922,121.51 Nov-19-02 2 1,922,121.51 0.00 89,545.17 11,212.38 7.00 78,332.79 1,843,788.72 Dec-19-02 3 1,843,788.72 0.00 89,545.17 10,755.45 7.00 78,789.72 1,764,999.00 ------------ ------------ ---------- ------------ 2,000,000.00 268,635.51 33,634.51 235,001.00 Jan-19-03 4 1,764,999.00 0.00 89,545.17 10,295.84 7.00 79,249.33 1,685,749.67 Feb-19-03 5 1,685,749.67 0.00 89,545.17 9,833.48 7.00 79,711.69 1,606,037.98 Mar-19-03 6 1,606,037.98 0.00 89,545.17 9,368.58 7.00 80,176.59 1,525,861.39 Apr-19-03 7 1,525,861.39 0.00 89,545.17 8,900.86 7.00 80,644.31 1,445,217.08 May 19-03 8 1,445,217.08 0.00 89,545.17 8,430.43 7.00 81,114.74 1,364,102.34 Jun-19-03 9 1,364,102.34 0.00 89,545.17 7,957.25 7.00 81,587.92 1,282,514.42 Jul-19-03 10 1,282,514.42 0.00 89,545.17 7,481.33 7.00 82,063.84 1,200,450.58 Aug-19-03 11 1,200,450.58 0.00 89,545.17 7,002.66 7.00 82,542.51 1,117,908.07 Sep-19-03 12 1,117,908.07 0.00 89,545.17 6,521.13 7.00 83,024.04 1,034,884.03 Oct-19-03 13 1,034,884.03 0.00 89,545.17 6,036.86 7.00 83,508.31 951,375.72 Nov-19-03 14 951,375.72 0.00 89,545.17 5,549.63 7.00 83,995.54 867,380.18 Dec-19-03 15 867,380.18 0.00 89,545.17 5,059.69 7.00 84,485.48 782,894.70 ------------ ------------ ---------- ------------ 0.00 1,074,542.04 92,437.74 982,104.30 Jan-19-04 16 782,894.70 0.00 89,545.17 4,566.90 7.00 84,978.27 697,916.43 Feb-19-04 17 697,916.43 0.00 89,545.17 4,071.16 7.00 85,474.01 612,442.42 Mar-19-04 18 612,442.42 0.00 89,545.17 3,572.54 7.00 85,972.63 526,469.79 Apr-19-04 19 526,469.79 0.00 89,545.17 3,071.07 7.00 86,474.10 439,995.69 May-19-04 20 439,995.69 0.00 89,545.17 2,566.63 7.00 86,978.54 353,017.15 Jun-19-04 21 353,017.15 0.00 89,545.17 2,059.20 7.00 87,485.97 265,531.18 Jul-19-04 22 265,531.18 0.00 89,545.17 1,548.95 7.00 87,996.22 177,534.96 Aug-19-04 23 177,534.96 0.00 89,545.17 1,035.66 7.00 88,509.51 89,025.45 Sep-19-04 24 89,025.45 0.00 89,545.17 519.72 7.00 89,025.45 0.00 ------------ ------------ ---------- ------------ 0.00 805,906.53 23,011.83 782,894.70 TOTAL 2,000,000.00 2,149,084.08 149,084.08 2,000,000.00 ------------ ------------ ---------- ------------ Ending balance not equal to early buy out amount. GUARANTY OF PAYMENT THIS GUARANTY ("Guaranty") is made and entered into as of 10/9/...
Multiple Assets. The working group considered this functionality as a must for Iteration 1 and should be changed to a must.