Common use of Payments to the Lender Clause in Contracts

Payments to the Lender. 7.1. Pursuant to the authority included herein, Viainvest shall ensure the processing of received payments, accept payments from the Debtor in relation to execution of this Agreement, and transfer them to the Lender pursuant to the procedures and in the amount determined by this Agreement. 7.2. The Lender shall receive the following payments during the validity of this Agreement: 7. 2.1. The Interest which shall be paid by the Debtor on a monthly basis, on 5th day of each month for previous month and that shall be reflected in the User Account. The Interest shall be calculated in the following way:

Appears in 5 contracts

Samples: Business Loan Agreement, Business Loan Agreement, Business Loan Agreement

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