Final Payment Percentage definition
Examples of Final Payment Percentage in a sentence
ANNEX B LOAN TERMS SCHEDULE Loan Funding Date: ______________, 199__ Original Loan Amount: $______________ Loan Factor: ______________% Original Scheduled Payment Amount: $______________ Final Payment: An additional amount equal to the Final Payment Percentage multiplied by the original Loan Amount then in effect, shall be paid on the Maturity Date with respect to such Loan.
The following definitions in Section 13 of the Loan Agreement are hereby amended by deleting the following definitions: (i) Eligible Equipment; (ii) Equipment Advance; (iii) Equipment Availability End Date; (iv) Equipment Loan Amount; (v) Equipment Maturity Date; (vi) Equipment Advance Final Payment; (vii) Final Payment Percentage; (viii) Loan Factor; (ix) Other Equipment; (x) Repayment Period; (xi) Term Loan Final Payment.
After any given Payment Based Milestone has been successfully completed by Service Provider, and approved by the Customer, Service Provider may invoice the Customer for the Payment Based Milestone amount specifically as adjusted by the ADS Final Payment Percentage described in Section 12.3 below.
DCS Customers shall retain the sum calculated by applying the ADS Final Payment Percentage of 10% to each accepted Payment Based Milestone amount (“ADS Final Payment”).
The Parties acknowledge that for the amount designated as liquidated damages, the Plaintiff and the Consent Plaintiffs are responsible for any tax obligations that they may owe arising from the disbursement.