Second Schedule definition
Examples of Second Schedule in a sentence
The service charges, processing fee and/or any other charges or fee set out in the Second Schedule may be adjusted against the Loan to the Educational Institute, payable in accordance with the Second Schedule.
The Lender shall be entitled to recover the Bank charges of the Repayment Instrument(s), Default Interest and any other penal charges from the Borrower as mentioned in the Second Schedule.
A record of each such payment shall be endorsed on the First or Second Schedule hereto, as appropriate, by the Issuing and Paying Agent or by the relevant Paying Agent, for and on behalf of the Issuing and Paying Agent, which endorsement shall (until the contrary is proved) be prima facie evidence that the payment in question has been made.
In the event of the Borrower committing a default in the payment of any sum payable hereunder or the Borrower committing any breach or default of this Agreement, the Borrower shall, in respect of the Outstanding Amount and in respect of any other amount in default, pay the Default Interest at the rate as specified in the Second Schedule hereto with daily rests, from the date of default till the date of realization by the Lender.
A record of each such payment shall be endorsed on the First or Second Schedule hereto, as appropriate, by the Fiscal Agent or by the relevant Paying Agent, for and on behalf of the Fiscal Agent, which endorsement shall (until the contrary is proved) be prima facie evidence that the payment in question has been made.