Common use of Partial payments Clause in Contracts

Partial payments. If any payment is due on a Note and only part of such amount that is due is paid, a notation shall be made in the Register of the amount paid and the date of payment.

Partial payments. If in respect of any payment is falling due on a Note and only part of such the amount that is due payable in respect of it is paid, a notation shall be made in the Register of the amount paid and the date of payment.