Pre-Payment Discount. Families who pay 6 months in advance will receive a 1% tuition discount for their pre-payment.
Pre-Payment Discount. In exchange for (i) the full satisfaction of each ALT Note with each Alt Note being deemed paid in full; (ii) the full release of the Company and its employees, officers, directors, agents and affiliates; and (iii) the termination, cancellation and release of the ALT Group’s rights and security interest with respect to the February Security Agreement and any other interest on any of the Company’s collateral: the Company may, in its sole and absolute discretion, at any time on or before December 31, 2012, pay to the ALT Group, paid pro-rata to each ALT company in accordance with the amounts then owed under each ALT Note, ONE HUNDRED TWENTY THOUSAND AND NO/100’s DOLLARS ($120,000.00) plus any and all unpaid principal payments that would otherwise have become due and owing under each ALT Note (absent an Event of Default), per the ALT Payment Schedules, prior to December 31, 2012.
Pre-Payment Discount. Contractor will provide a one-month discount to the total annual bill 941 for all SFD Service Recipients that pre-pay their bill on an annual basis. The annual pre-payment must occur 942 before July 1st to be effective in the following Agreement Year.
