Payment Extension. If you are experiencing short term financial difficulty an extension of time to pay this amount can be arranged.
Payment Extension. Paragraph 1 of the Note is hereby deleted, and the following provision substituted in its place:
Payment Extension. 14. If the Closing Date or any other date hereunder for the payment of monies or the doing of any act shall fall on a Saturday, Sunday or statutory holiday, then such date(s) shall be extended to the next following business day (exclusive of Saturday).
Payment Extension. Upon the payment by Maker to Payee of a principal amount greater than or equal to Twenty Five Million Dollars ($25,000,000) in immediately available funds on or prior to the Maturity Date, Maker may elect, in its sole discretion, to extend the Maturity Date for a period of thirty-one (31) days at which time the outstanding principal amount under this Note shall be due and payable in full on January 31, 2007 (the “Extended Maturity Date”); provided, further, that Maker shall pay at least Five Million Five Hundred Thousand Dollars ($5,500,000) of the outstanding principal amount of this Note in cash on or prior to the Extended Maturity Date (the “Extended Maturity Date Cash Payment”).
Payment Extension. The PARTIES agree that the PAYMENT DEADLINE may only be extended if the CLIENT makes an EXTENSION REQUEST through the AVAFIN WEB PORTAL, provided that it complies with the requirements determined in this Clause. The PAYMENT DEADLINE of the credit will be extended only in case the CLIENT pays the amount of accrued interest corresponding to the date on which the respective application has been submitted, considering that the amount of accrued interest may be lower, in case the extension of the requested payment refers to a shorter term than initially agreed, therefore, AVAFIN will be obliged to deliver to the CLIENT by email the amount that corresponds to pay. Said REQUEST FOR EXTENSION will take effect from the date on which AVAFIN receives the payment, to the account that AVAFIN has indicated by email, of the accrued interest. AVAFIN undertakes with the CLIENT to send him an updated AMORTIZATION TABLE, which will reflect the new term and the total amount to be paid. In the event that the CLIENT does not make the payment of said interest, the PAYMENT DEADLINE will not undergo any modification and, therefore, the corresponding Default Interest will be caused for non-payment, in accordance with Clause Ten. This EXTENSION does not imply under any circumstances, novation or extinction of the obligations that the CLIENT has acquired with AVAFIN by virtue of this CONTRACT.
Payment Extension. Full Payment By Next Due Date: If you cannot pay on time, call NEC Co-op Energy right away. We may allow you to pay an outstanding bill after the due date, but before the due date of the next bill. A special payment arrangement may include a 5% penalty for late payment. If you do not fulfill the terms of the special payment arrangement, your electric service agreement may be terminated or your electric service disconnected, after proper notice. NEC Co-op Energy may charge a payment extension fee of up to $25 for all payment extensions after the first two (2) extensions in a 12 month period. This fee will be identified separately on your bill. Excessive special payment extensions/arrangements may result in the assessment of an additional deposit. Deferred Payment Plan: If you are unable to pay your bill you may qualify for a deferred payment plan, unless: • You have received more than two termination/disconnection notices during the past 12 months; or • You have taken service from NEC Co-op Energy for less than three months and you lack sufficient credit or a satisfactory payment history with your previous electric provider. This plan may require you to make an initial percentage payment of the outstanding balance to initiate the agreement, with the remaining balance paid in equal installments. If you have received a disconnection notice and expressed an inability to pay, any deferred payment plan will include an initial payment not to exceed 25% of the delinquent balance and will allow the remaining balance to be paid in equal installments over at least three billing cycles. A deferred payment plan may include a 5% penalty for late payment but does not include a finance charge. The Member or NEC Co-op Energy may initiate one renegotiation of the deferred payments plan if the member’s economic or financial circumstances change substantially during the time of the deferred payment plan. By entering into a deferred payment plan, NEC Co-op Energy may put a switch-hold on your account. A switch-hold means you will not be able to buy electricity form other companies until this past due amount is paid. The switch-hold will be removed after final payment of this past due amount is processed. While a switch-hold applies, if you are disconnected for not paying or if the terms of the deferred payment plan are not fulfilled, your electric service agreement with NEC Co-op Energy may be terminated or your electric service disconnected, whichever is applicable, after pro...
Payment Extension. The Balloon Payment Date may be extended upon the following terms and conditions:
Payment Extension. Setal 1, Setal 3 and Setal 4 hereby agree to that the payments due from the Company to Setal 1, Setal 3 and Setal 4 shall be extended to December 31, 2009. All other payments otherwise due to Setal 1, Setal 3 and Setal 4 in accordance with the provisions of their respective notes to the Company shall remain unchanged as shall the terms of their respective notes with the Company.
Payment Extension. The Conversion Amount shall be credited toward the payment of $250,000 due on February 28, 2001 and the balance of $50,000 plus interest accrued thereon to the date of payment shall be paid on April 10, 2002. The payment of $247,278.99 originally scheduled to be made on April 10, 2001 is rescheduled to, and shall be due on, January 10, 2002, in the amount of $244,557.98 plus interest accrued thereon to the date of payment. The payment of $247,278.99 originally scheduled to be made on May 10, 2001 is rescheduled to, and shall be due on, February 10, 2002, in such amount plus interest accrued thereon to the date of payment.
Payment Extension. If the January 1, 1998, payment is made to Welsh and Cambior as specified, Golden Phoenix will obtain the right to extend the payment date of one future payment by 60 calendar days. In order to exercise this one-time extension right, Golden Phoenix must provide written notice to Welsh a minimum of 15 days prior to the payment due date that it wishes to extend. If the payment, and a late payment fee of 1.5% per month on the total amount of the extended payment, is not delivered to Welsh within the 60-day extension period, it shall constitute a default under Section 5 of this Agreement. If any payments are due to third parties or to maintain claims during the 60-day extension period, Golden Phoenix will make its proportionate share of any such payment when due.
