Prepayment and Reborrowing By Customer. (A) Customer may at any time prepay, without notice or penalty, in whole or in part amounts owed under this Agreement. IBM Credit may apply payments made to it (whether by the Customer or otherwise) to pay finance charges and other amounts owing under this Agreement first and then to the principal amount owed by the Customer.
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Samples: Financing Agreement (Multiple Zones Inc), Financing Agreement (Datatec Systems Inc), Financing Agreement (Datatec Systems Inc)
Prepayment and Reborrowing By Customer. (A) Customer Customers may at any time prepay, without notice or penalty, in whole or in part amounts owed under this Agreement. IBM Credit may apply payments made to it (whether by the Customer Customers or otherwise) to pay finance charges and other amounts owing under this Agreement first and then to the principal amount owed by the CustomerCustomers.
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Samples: Agreement for Inventory Financing (Pc Connection Inc), Financing Agreement (Savoir Technology Group Inc/De)
Prepayment and Reborrowing By Customer. (A) Customer may my at any time prepay, without notice or penalty, in whole or in part amounts owed under this Agreement. IBM Credit may apply payments made to it (whether by the Customer or otherwise) to pay finance charges and other amounts owing under this Agreement first and then to the principal amount owed by the Customer.
Appears in 1 contract
Samples: Capital Financing Agreement (Ameriquest Technologies Inc)
Prepayment and Reborrowing By Customer. (A) Customer may at any time prepay, without notice or penalty, in whole or in part amounts owed under this Agreement. Notwithstanding anything to the contrary in 2.6 above, IBM Credit may apply payments made to it (whether by the Customer or otherwise) to pay finance charges and other amounts owing under this Agreement first and then to the principal amount owed by the Customer.
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Prepayment and Reborrowing By Customer. (A) Customer may at any time prepaypay principal, without notice or penalty, in whole or in part amounts owed under this Agreement. IBM Credit may apply payments made to it (whether by the Customer or otherwise) to pay finance charges and other amounts owing under this Agreement first and then to the principal amount owed by the Customer.
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