Common Contracts
1 similar Cooperation Agreement contracts
TOTAL VALUE OF THE LOAN UNDER THE CONSUMER LOAN AGREEMENTCooperation Agreement • March 4th, 2019
- Upon occurrence of any delay in discharge of obligations by the Borrower related to repayment of the loan amount and (or) payment of the interest due, the interest shall be accrued only on the outstanding part of the principal amount and until the total amount of the interest payable is equal to the double amount of the outstanding part of the loan. The accrual of the interest for the period from the date when the total amount of the interest payable is equal to a double amount of the outstanding part of the loan, until partial repayment of the loan by the Borrower and (or) payment of the interest due is prohibited.
