Repayment Period Sample Clauses
The Repayment Period clause defines the specific timeframe within which a borrower must repay a loan or outstanding debt. Typically, this clause outlines the start and end dates of repayment, the frequency of payments (such as monthly or quarterly), and may specify any grace periods or conditions for early repayment. By clearly establishing the schedule and duration for repayment, this clause ensures both parties understand their obligations and helps prevent disputes over payment timing.
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Repayment Period. The Debtor shall re-pay the Creditor on a: (check one) ☐ - Monthly basis beginning on , 20 , in the amount of $ to be paid on the of every month ending on , 20 or when the Amount Owed is paid-in-full. ☐ - Bi-Weekly basis beginning on , 20 , in the amount of $ to be paid every fourteen (14) days ending on , 20 or when the Amount Owed is paid-in-full. ☐ - Weekly basis beginning on , 20 , in the amount of $ to be paid every seven (7) days ending on , 20 or when the Amount Owed is paid-in-full. ☐ - Other. .
Repayment Period. The Debtor shall re-pay the Creditor on a: (check one) ☐ - Monthly basis beginning on __________________, 20____, in the amount of $_________ to be paid on the ____ of every month ending on __________________, 20____ or when the Amount Owed is paid-in-full. ☐ - Bi-Weekly basis beginning on __________________, 20____, in the amount of $_________ to be paid every fourteen (14) days ending on __________________, 20____ or when the Amount Owed is paid-in-full. ☐ - Weekly basis beginning on __________________, 20____, in the amount of $_________ to be paid every seven (7) days ending on __________________, 20____ or when the Amount Owed is paid-in-full. ☐ - Other. _______________________________________________________.
Repayment Period. The Debtor shall re-pay the Creditor on a: (check one) ☐ - Monthly basis beginning on , 20 , in the amount of $ _ to be paid on the _ _ of every month ending on , 20_ _ or when the Amount Owed is paid-in-full. ☐ - Bi-Weekly basis beginning on _ _, 20 , in the amount of $ _ to be paid every fourteen (14) days ending on , 20_ _ or when the Amount Owed is paid-in-full. ☐ - Weekly basis beginning on _ , 20 , in the amount of $ _ to be paid every seven (7) days ending on _, 20_ _ or when the Amount Owed is paid-in-full. ☐ - Other. _ .
Repayment Period. Ending no later than (a) twenty (20) years after the Completion Date or (b) twenty (20) years after the estimated Completion Date set forth in ARTICLE 3(A)(10), whichever date is earlier.
Repayment Period. Each loan, by its terms, shall be required to be repaid within 5 years except in the case of a loan used to acquire any dwelling unit which within a reasonable time is to be used (determined at the time the loan is made) as the principal residence of the Participant which shall be required to be repaid within 15 years. Loan repayments may be suspended under this Plan during a Participant’s Employer-Approved Leave of Absence for military service as permitted under section 414(u)(4) of the Code.
Repayment Period. The term of a loan made under this Article XI shall be fixed by the Committee, but in no event shall such term exceed (a) one hundred twenty (120) months in the case of a loan for the purchase of a principal residence, or (b) sixty (60) months in the case of a loan for any other purpose.
Repayment Period. The loan term will begin on the date of my final disbursement. The standard loan term is ten (10) years.
Repayment Period. (I) Contractor shall agree to repay the loan within 180 days as of the date of advancement by Bank.
(II) For the acceptance of bills of exchange, the period from the acceptance date to the maturity date of the ▇▇▇▇ shall be not more than 180 days. Upon maturity, the ▇▇▇▇ shall be paid by Contractor or advanced by Bank as per the request of Contractor, provided that the totaling of the advancement period and the acceptance period shall be not more than 180 days.
(III) Contractor shall, for the purchase of any domestic supplies, obtain the consent of Bank and request Bank to issue a domestic letter of credit and to accept or pay for the ▇▇▇▇ of exchange or any other document opened by the beneficiary of the letter of credit, provided that the repayment period shall not be more than 180 days.
(IV) If the supplies purchased using the credit extended hereunder are sold ahead of schedule, the repayment of the loan shall be made earlier accordingly.
Repayment Period. The required monthly principal and interest payment will be established when the Repayment Period begins based on the terms of this Agreement. During the Repayment Period, we will make monthly payments by the payment due dates shown in the Final Disclosure Statement, as may be amended. The monthly payment amount will equal the amount necessary to amortize (completely repay) the Loan over the Repayment Period selected. VSAC will notify us of the actual repayment schedule including payment amount(s) and due dates when the Repayment Period begins. If accrued unpaid interest is capitalized during the Repayment Period, and/or if payments are not made on time, VSAC will recalculate the monthly payment amount, as necessary, to equal the amount required to amortize (completely repay) the Loan balance over the remaining Repayment Period. The Borrower and ▇▇▇▇▇▇▇▇ each agree that in VSAC’s sole discretion it may grant Forbearance to me and the Cosigner for purposes of aligning payment dates on this Loan with the Borrower’s other VSAC loans or to eliminate a delinquency that persists even though the scheduled payments are being made. Both the Borrower and Cosigner must sign any requests for a change in the terms or payment amounts on this Loan.
Repayment Period the period of time extending from the time when the Borrower specified in this Contract repays the loan principal and interest the first time to the time when the Borrower pays off all the loan principal and interest, including the period of repayment decided anew by both parties through consultation.