Common use of The Balloon Payment Clause in Contracts

The Balloon Payment. 2.2.1. For the agreements with the Loan Term of more than twelve (12) months where this is provided for in the Agreement, the Borrower may avail himself/herself of the right to pay a Balloon Instalment with which to repay early on its obligations under the Agreement.

Appears in 16 contracts

Samples: Asset Financing Loan Agreement, core.mogo.co.ke, core.mogo.co.ke

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!