Common use of REPAYMENT PLAN Clause in Contracts

REPAYMENT PLAN. To satisfy the Amount Owed, the Debtor agrees to repay the Creditor under the following terms: Down-Payment. The Debtor shall pay: (check one) ☐ - Down-Payment of $_________. ☐ - No Down-Payment. Interest Rate. The Amount Owed shall: (check one) ☐ - Bear interest at a rate of _______________ percent (____%) compounded annually. The rate must be equal to or less than the usury rate in the State of the Debtor. ☐ - Not bear interest.

Appears in 18 contracts

Sources: Dental Payment Plan Agreement, Debt Payment (Installment) Agreement, Veterinary Services Payment Agreement

REPAYMENT PLAN. To satisfy the Amount Owed, the Debtor agrees to repay the Creditor under the following terms: Down-Payment. The Debtor shall pay: (check one) - Down-Payment of $_________1,500.00. ☐ - No Down-Payment. Interest Rate. The Amount Owed shall: (check one) ☐ - Bear interest at a rate of _______________ percent (____%) compounded annually. The rate must be equal to or less than the usury rate in the State of the DebtorBorrower. - Not bear interest.

Appears in 1 contract

Sources: Payment Agreement

REPAYMENT PLAN. To satisfy the Amount Owed, the Debtor agrees to repay the Creditor under the following terms: Down-Payment. The Debtor shall pay: (check one) ☐ - Down-Payment of $_________. ☐ - No Down-Payment. Interest Rate. The Amount Owed shall: (check one) ☐ - Bear interest at a rate of _______________ percent (____%) compounded annually. The rate must be equal to or less than the usury rate in the State of the Debtor. ☐ - Not bear interest.

Appears in 1 contract

Sources: Payment Installment Agreement