Weekly Payment Amount definition
Examples of Weekly Payment Amount in a sentence
The Loan Summary sets forth the Number of Weekly Payments you must make and the Weekly Payment Amount.
Until the Loan is paid-in-full, you must pay us on each Weekly Payment Day the lesser of the Weekly Payment Amount or the outstanding balance you owe under this Agreement.
On or after each Weekly Payment Day, you authorize and direct us (or our service provider) to initiate an EFT from the Payment Account of the Weekly Payment Amount.
If any Weekly Payment Day is a federal holiday, your Weekly Payment Amount will be due on the next business day.
Your first Weekly Payment Amount will be due at least one week after we disburse the Loan proceeds.
If you know that we will be unable to process a payment by an EFT under this Payment Authorization, you must (i) notify us, and (ii) mail or deliver a check or money order to us for the Weekly Payment Amount at the Notice Address, Attn: Payments or, if offered, pay the Weekly Payment Amount by any pay-by-phone or online service that we may make available from time to time.
At the end of each Contract Week, C&S and A&P will compare the Weekly Actual Amount to the Estimated Weekly Payment Amount for such Contract Week and adjust the payment to be made **** to reflect any overpayment or underpayment for such Contract Week's Weekly Actual Amount.
C&S may appropriately and timely adjust A&P’s Estimated Weekly Payment Amount to the extent **** as set forth in the Weekly Actual Amount.
The Variable Warehouse Upcharge and Variable Transportation Upcharge will be estimated and billed weekly as part of the Estimated Weekly Payment Amount.
Upon the commencement of the payment terms set forth in Section 5.3 below, the Weekly Estimate, the Estimated Weekly Payment Amount, the Weekly Actual Amount and the Weekly Statement will identify the portion of A&P’s weekly purchases which is comprised of PACA Eligible Merchandise (defined below) and account for such PACA Eligible Merchandise separately.