Net Contract. This Installment Sale Agreement shall be deemed and construed to be a “net contract” and the District hereby agrees that the Installment Payments shall be an absolute net return to the Authority, free and clear of any expenses, charges or set-offs whatsoever.
Net Contract. This Installment Purchase Agreement shall be deemed and construed to be a net-net-net contract, and the District shall pay absolutely net during the term hereof the Installment Payments, the interest thereon and all other payments required hereunder free of any deductions and without abatement, diminution or set-off whatsoever.
Net Contract. This Agreement shall be deemed and construed to be a net contract, and the City shall pay absolutely net during the term hereof the Series 2010 Installment Payments and all other payments required hereunder, free of any deductions and without abatement, diminution or set-off whatsoever.
Net Contract. This Operating Agreement shall be deemed and construed to be a "net-net-net obligation" and User hereby agrees that the User Payments shall annually be an absolute net return to the Authority, free and clear of any expenses, charges or set-offs whatsoever.
Net Contract. This Agreement shall be deemed and construed to be a net contract, and the Borrower hereby agrees that the repayment of the Obligations shall be an absolute net return to the Lender, free and clear of any expenses, charges or set-offs whatsoever.
Net Contract. The Installment Purchase Agreement shall be deemed and construed to be a net contract, and the Agency shall pay absolutely net during the term hereof the Series 2018A Installment Payments and all other payments required hereunder, free of any deductions and without abatement, diminution or set-off whatsoever.
Net Contract. This Installment Sale Agreement shall be deemed and construed to be a net contract, and the City shall pay absolutely net during the term hereof the Installment Payments and all other payments required hereunder, free of any deductions and without abatement, diminution or set-off whatsoever.
Net Contract. This Installment Sale Agreement shall be deemed and construed to be a “net contract” and the City hereby agrees that the Installment Payments shall be an absolute net return to the Authority, free and clear of any expenses, charges or set-offs whatsoever. * * * * * * * * * EXHIBIT A SCHEDULE OF INSTALLMENT PAYMENTS* Period Ending Principal Coupon Interest Debt Service Annual Debt Service 12/30/2012 $ 175,000 2.000% $ 108,733.19 $ 283,733.19 6/30/2013 102,356.25 102,356.25 $ 386,089.44 12/30/2013 190,000 2.000% 102,356.25 292,356.25 6/30/2014 100,456.25 100,456.25 392,812.50 12/30/2014 190,000 3.000% 100,456.25 290,456.25 6/30/2015 97,606.25 97,606.25 388,062.50 12/30/2015 195,000 3.000% 97,606.25 292,606.25 6/30/2016 94,681.25 94,681.25 387,287.50 12/30/2016 205,000 4.000% 94,681.25 299,681.25 6/30/2017 90,581.25 90,581.25 390,262.50 12/30/2017 215,000 4.000% 90,581.25 305,581.25 6/30/2018 86,281.25 86,281.25 391,862.50 12/30/2018 220,000 4.000% 86,281.25 306,281.25 6/30/2019 81,881.25 81,881.25 388,162.50 12/30/2019 235,000 4.000% 81,881.25 316,881.25 6/30/2020 77,181.25 77,181.25 394,062.50 12/30/2020 240,000 5.000% 77,181.25 317,181.25 6/30/2021 71,181.25 71,181.25 388,362.50 12/30/2021 255,000 5.000% 71,181.25 326,181.25 6/30/2022 64,806.25 64,806.25 390,987.50 12/30/2022 270,000 5.000% 64,806.25 334,806.25 6/30/2023 58,056.25 58,056.25 392,862.50 12/30/2023 280,000 5.000% 58,056.25 338,056.25 6/30/2024 51,056.25 51,056.25 389,112.50 12/30/2024 295,000 5.000% 51,056.25 346,056.25 6/30/2025 43,681.25 43,681.25 389,737.50 12/30/2025 305,000 2.750% 43,681.25 348,681.25 6/30/2026 39,487.50 39,487.50 388,168.75 12/30/2026 315,000 3.000% 39,487.50 354,487.50 6/30/2027 34,762.50 34,762.50 389,250.00 12/30/2027 325,000 3.100% 34,762.50 359,762.50 6/30/2028 29,725.00 29,725.00 389,487.50 12/30/2028 335,000 3.250% 29,725.00 364,725.00 6/30/2029 24,281.25 24,281.25 389,006.25 12/30/2029 345,000 3.250% 24,281.25 369,281.25 6/30/2030 18,675.00 18,675.00 387,956.25 12/30/2030 360,000 3.300% 18,675.00 378,675.00 6/30/2031 12,735.00 12,735.00 391,410.00 12/30/2031 375,000 3.250% 12,735.00 387,735.00 6/30/2032 6,641.25 6,641.25 394,376.25 12/30/2032 385,000 3.450% 6,641.25 391,641.25 6/30/2033 391,641.25 Totals $5,710,000 $2,480,960.69 $8,190,960.69 $8,190,960.69 *Note: The Installment Payment Date shall be not less than five (5) Business Days prior to each December 1 and June 1 during the Term of this Installment Sale Agreement, commencing not less than five (5) Busin...
Net Contract. The 2010 Installment Purchase Contract shall be deemed and construed to be a net contract, and the District shall pay absolutely net during the term hereof the 2010 Installment Payments and all other payments required hereunder, free of any deductions and without abatement, diminution or set-off whatsoever.
Net Contract. This Agreement shall be deemed and construed to be a net contract, and the District shall pay absolutely net during the term hereof the 2015 Installment Payments and all other payments required hereunder, free of any deductions and without abatement, diminution or set-off whatsoever.
