Common use of Payments Clause in Contracts

Payments. payments of the Borrower to the Loan Originator including repayment of Loan Amount and payments of Interest arising out of the Loan Agreement. Business Day any day, wherein the xxxxx in the country of the Assignor are open for business, except for Saturdays, Sundays and national holidays. Claim claim held by the Assignor or a part thereof against the Borrower arising out of the Loan Agreement with all the rights appurtenant thereto in accordance with this Agreement. The Claim may consist of the outstanding Loan Amount and Interest in full amount or partially. The Claim is assigned without re-registration of security interest incorporated in the Collateral in the name of the Assignee (if any). Detailed amount and composition of the Claim is specified in the Basic Terms and Conditions. Claim Amount the part of the Loan Amount specified in Clause 5.1 of the Basic Terms and Conditions wherein the Assignor transfers the Claim to the Assignee, and which together with the markup or discount indicated in the Basic Terms and Conditions forms the Claim Price. Claim Price the price specified in the Basic Terms and Conditions for the assignment of Claim consisting of the Claim Amount and markup or discount specified in the Basic Terms and Conditions. Collateral pledge rights of the Loan Originator to the real estate, movable property or aggregation of property, suretyship or guarantee of a third party or any other means allowed pursuant to the laws and regulations guaranteeing the fulfillment of the Borrower’s obligations arising out of the Loan Agreement that are expressly indicated among other information about the Claim in the Portal (if any). The Claim can be established without the Collateral. Contractual penalty, late payment interest and other ancillary claims arising out of the Loan Agreement for the purpose of the Agreement shall not be considered as Collateral. Creditor the Loan Originator or the User, holding a claim arising from the Loan Agreement against the Borrower. Currency used in the Loan Agreement the currency specified in the Basic Terms and Conditions that is the currency used in the Loan Agreement. Exchange Rate the currency exchange rate from the Currency used in the Loan Agreement to the currency of the Claim Price fixed by mutual agreement of the Loan Originator and Tech Consultancy Management Partners before conclusion of this Agreement. Currency exchange provisions are used only in case if the Currency used in the Loan Agreement and currency of the Claim Price differs. General Terms and Conditions part II of the Agreement. Interest the remuneration specified in the Basic Terms and Conditions for the use of the financing until the due date set according to the Loan Agreement, which is a part of the Claim and is being paid by the Borrower pursuant to the terms and conditions of the Loan Agreement. The Interest is being calculated from the outstanding Loan Amount comprising the Claim according to the French Amortisation method. No Interest is calculated after the due date during the delay period. Loan Agreement a loan agreement specified in the Basic Terms and Conditions concluded by and between the Loan Originator and the Borrower. Loan Amount the principal amount of the outstanding loan issued by the Loan Originator to the Borrower in compliance with the Loan Agreement or a part thereof, which the Borrower pursuant to the Loan Agreement repays to the Loan Originator. The Loan Amount is issued and repaid by the Borrower in the Currency used in the Loan Agreement. Loan Originator Tecnologia Teradata 15 SRL, a private limited company existing under the laws of the Dominican Republic, company number 131903258, that continues to service Claims of the Assignee against the Borrowers as well as to fulfil other responsibilities stated in the Terms and Conditions of the Portal User and the Agreement. Loan Originator’s Account a special virtual account established in the Tech Consultancy Management Partners system which shall be used for settlement of accounts for acquisition of the Claim. The Loan Originator’s Account is not the Virtual Account for the purpose of the Agreement. Tech Consultancy Management Partners Tech Consultancy Management Partners, a private company registered and existing under the laws of Estonia, registration No. 14580113, maintaining and administrating the Portal, servicing the Claim of the Assignee and fulfilling other responsibilities specified in the Terms and Conditions of the Portal User and the Agreement. Tech Consultancy Management Partners Account/-s bank account/-s of Tech Consultancy Management Partners specified in the Portal specially for supplementing the Virtual Account, wherein the funds of the User pursuant to the Terms and Conditions of the Portal User are transferred for conducting transactions in the Portal, and which is/are kept separately from Tech Consultancy Management Partners’s property.

Payments. payments of the Borrower to the Loan Originator including repayment of Loan Amount and payments of Interest arising out of the Loan Agreement. Business Day any day, wherein the xxxxx in the country of the Assignor are open for business, except for Saturdays, Sundays and national holidays. Claim claim held by the Assignor or a part thereof against the Borrower arising out of the Loan Agreement with all the rights appurtenant thereto in accordance with this Agreement. The Claim may consist of the outstanding Loan Amount and Interest in full amount or partially. The Claim is assigned without re-registration of security interest incorporated in the Collateral in the name of the Assignee (if any). Detailed amount and composition of the Claim is specified in the Basic Terms and Conditions. Claim Amount the part of the Loan Amount specified in Clause 5.1 of the Basic Terms and Conditions wherein the Assignor transfers the Claim to the Assignee, and which together with the markup or discount indicated in the Basic Terms and Conditions forms the Claim Price. Claim Price the price specified in the Basic Terms and Conditions for the assignment of Claim consisting of the Claim Amount and markup or discount specified in the Basic Terms and Conditions. Collateral pledge rights of the Loan Originator to the real estate, movable property or aggregation of property, suretyship or guarantee of a third party or any other means allowed pursuant to the laws and regulations guaranteeing the fulfillment of the Borrower’s obligations arising out of the Loan Agreement that are expressly indicated among other information about the Claim in the Portal (if any). The Claim can be established without the Collateral. Contractual penalty, late payment interest and other ancillary claims arising out of the Loan Agreement for the purpose of the Agreement shall not be considered as Collateral. Creditor the Loan Originator or the User, holding a claim arising from the Loan Agreement against the Borrower. Currency used in the Loan Agreement the currency specified in the Basic Terms and Conditions that is the currency used in the Loan Agreement. Exchange Rate the currency exchange rate from the Currency used in the Loan Agreement to the currency of the Claim Price fixed by mutual agreement of the Loan Originator and Tech Consultancy Management Partners before conclusion of this Agreement. Currency exchange provisions are used only in case if the Currency used in the Loan Agreement and currency of the Claim Price differs. General Terms and Conditions part II of the Agreement. Interest the remuneration specified in the Basic Terms and Conditions for the use of the financing until the due date set according to the Loan Agreement, which is a part of the Claim and is being paid by the Borrower pursuant to the terms and conditions of the Loan Agreement. The Interest is being calculated from the outstanding Loan Amount comprising the Claim according to the French Amortisation method. No Interest is calculated after the due date during the delay period. Loan Agreement a loan agreement specified in the Basic Terms and Conditions concluded by and between the Loan Originator and the Borrower. Loan Amount the principal amount of the outstanding loan issued by the Loan Originator to the Borrower in compliance with the Loan Agreement or a part thereof, which the Borrower pursuant to the Loan Agreement repays to the Loan Originator. The Loan Amount is issued and repaid by the Borrower in the Currency used in the Loan Agreement. Loan Originator Tecnologia Teradata 15 Fiban SRL, a private limited company existing under the laws of the Dominican Republic, company number 131903258131937314, that continues to service Claims of the Assignee against the Borrowers as well as to fulfil other responsibilities stated in the Terms and Conditions of the Portal User and the Agreement. Loan Originator’s Account a special virtual account established in the Tech Consultancy Management Partners system which shall be used for settlement of accounts for acquisition of the Claim. The Loan Originator’s Account is not the Virtual Account for the purpose of the Agreement. Tech Consultancy Management Partners Tech Consultancy Management Partners, a private company registered and existing under the laws of Estonia, registration No. 14580113, maintaining and administrating the Portal, servicing the Claim of the Assignee and fulfilling other responsibilities specified in the Terms and Conditions of the Portal User and the Agreement. Tech Consultancy Management Partners Account/-s bank account/-s of Tech Consultancy Management Partners specified in the Portal specially for supplementing the Virtual Account, wherein the funds of the User pursuant to the Terms and Conditions of the Portal User are transferred for conducting transactions in the Portal, and which is/are kept separately from Tech Consultancy Management Partners’s property.

Payments. payments of the Borrower to the Loan Originator including repayment of Loan Amount and payments of Interest arising out of the Loan Agreement. Business Day any day, wherein the xxxxx in the country of the Assignor are open for business, except for Saturdays, Sundays and national holidays. Claim claim held by the Assignor or a part thereof against the Borrower arising out of the Loan Agreement with all the rights appurtenant thereto in accordance with this Agreement. The Claim may consist of the outstanding Loan Amount and Interest in full amount or partially. The Claim is assigned without re-registration of security interest incorporated in the Collateral in the name of the Assignee (if any). Detailed amount and composition of the Claim is specified in the Basic Terms and Conditions. Claim Amount the part of the Loan Amount specified in Clause 5.1 of the Basic Terms and Conditions wherein the Assignor transfers the Claim to the Assignee, and which together with the markup or discount indicated in the Basic Terms and Conditions forms the Claim Price. Claim Price the price specified in the Basic Terms and Conditions for the assignment of Claim consisting of the Claim Amount and markup or discount specified in the Basic Terms and Conditions. Collateral pledge rights of the Loan Originator to the real estate, movable property or aggregation of property, suretyship or guarantee of a third party or any other means allowed pursuant to the laws and regulations guaranteeing the fulfillment of the Borrower’s obligations arising out of the Loan Agreement that are expressly indicated among other information about the Claim in the Portal (if any). The Claim can be established without the Collateral. Contractual penalty, late payment interest and other ancillary claims arising out of the Loan Agreement for the purpose of the Agreement shall not be considered as Collateral. Creditor the Loan Originator or the User, holding a claim arising from the Loan Agreement against the Borrower. Currency used in the Loan Agreement the currency specified in the Basic Terms and Conditions that is the currency used in the Loan Agreement. Exchange Rate the currency exchange rate from the Currency used in the Loan Agreement to the currency of the Claim Price fixed by mutual agreement of the Loan Originator and Tech Consultancy Management Partners before conclusion of this Agreement. Currency exchange provisions are used only in case if the Currency used in the Loan Agreement and currency of the Claim Price differs. General Terms and Conditions part II of the Agreement. Interest the remuneration specified in the Basic Terms and Conditions for the use of the financing until the due date set according to the Loan Agreement, which is a part of the Claim and is being paid by the Borrower pursuant to the terms and conditions of the Loan Agreement. The Interest is being calculated from the outstanding Loan Amount comprising the Claim according to the French Amortisation method. No Interest is calculated after the due date during the delay period. Loan Agreement a loan agreement specified in the Basic Terms and Conditions concluded by and between the Loan Originator and the Borrower. Loan Amount the principal amount of the outstanding loan issued by the Loan Originator to the Borrower in compliance with the Loan Agreement or a part thereof, which the Borrower pursuant to the Loan Agreement repays to the Loan Originator. The Loan Amount is issued and repaid by the Borrower in the Currency used in the Loan Agreement. Loan Originator Tecnologia Teradata 15 SRLFirst Home Solutions, SAPI de CV, a private limited company existing under the laws of the Dominican RepublicMexico, company number 131903258FHS1906121V7, that continues to service Claims of the Assignee against the Borrowers as well as to fulfil other responsibilities stated in the Terms and Conditions of the Portal User and the Agreement. Loan Originator’s Account a special virtual account established in the Tech Consultancy Management Partners system which shall be used for settlement of accounts for acquisition of the Claim. The Loan Originator’s Account is not the Virtual Account for the purpose of the Agreement. Tech Consultancy Management Partners Tech Consultancy Management Partners, a private company registered and existing under the laws of Estonia, registration No. 14580113, maintaining and administrating the Portal, servicing the Claim of the Assignee and fulfilling other responsibilities specified in the Terms and Conditions of the Portal User and the Agreement. Tech Consultancy Management Partners Account/-s bank account/-s of Tech Consultancy Management Partners specified in the Portal specially for supplementing the Virtual Account, wherein the funds of the User pursuant to the Terms and Conditions of the Portal User are transferred for conducting transactions in the Portal, and which is/are kept separately from Tech Consultancy Management Partners’s property.

Payments. payments of the Borrower to the Loan Originator including repayment of Loan Amount and payments of Interest arising out of the Loan Agreement. Business Day any day, wherein the xxxxx in the country of the Assignor are open for business, except for Saturdays, Sundays and national holidays. Claim claim held by the Assignor or a part thereof against the Borrower arising out of the Loan Agreement with all the rights appurtenant thereto in accordance with this Agreement. The Claim may consist of the outstanding Loan Amount and Interest in full amount or partially. The Claim is assigned without re-registration of security interest incorporated in the Collateral in the name of the Assignee (if any). Detailed amount and composition of the Claim is specified in the Basic Terms and Conditions. Claim Amount the part of the Loan Amount specified in Clause 5.1 of the Basic Terms and Conditions wherein the Assignor transfers the Claim to the Assignee, and which together with the markup or discount indicated in the Basic Terms and Conditions forms the Claim Price. Claim Price the price specified in the Basic Terms and Conditions for the assignment of Claim consisting of the Claim Amount and markup or discount specified in the Basic Terms and Conditions. Collateral pledge rights of the Loan Originator to the real estate, movable property or aggregation of property, suretyship or guarantee of a third party or any other means allowed pursuant to the laws and regulations guaranteeing the fulfillment of the Borrower’s obligations arising out of the Loan Agreement that are expressly indicated among other information about the Claim in the Portal (if any). The Claim can be established without the Collateral. Contractual penalty, late payment interest and other ancillary claims arising out of the Loan Agreement for the purpose of the Agreement shall not be considered as Collateral. Creditor the Loan Originator or the User, holding a claim arising from the Loan Agreement against the Borrower. Currency used in the Loan Agreement the currency specified in the Basic Terms and Conditions that is the currency used in the Loan Agreement. Exchange Rate the currency exchange rate from the Currency used in the Loan Agreement to the currency of the Claim Price fixed by mutual agreement of the Loan Originator and Tech Consultancy Management Partners before conclusion of this Agreement. Currency exchange provisions are used only in case if the Currency used in the Loan Agreement and currency of the Claim Price differs. General Terms and Conditions part II of the Agreement. Interest the remuneration specified in the Basic Terms and Conditions for the use of the financing until the due date set according to the Loan Agreement, which is a part of the Claim and is being paid by the Borrower pursuant to the terms and conditions of the Loan Agreement. The Interest is being calculated from the outstanding Loan Amount comprising the Claim according to the French Amortisation method. No Interest is calculated after the due date during the delay period. Loan Agreement a loan agreement specified in the Basic Terms and Conditions concluded by and between the Loan Originator and the Borrower. Loan Amount the principal amount of the outstanding loan issued by the Loan Originator to the Borrower in compliance with the Loan Agreement or a part thereof, which the Borrower pursuant to the Loan Agreement repays to the Loan Originator. The Loan Amount is issued and repaid by the Borrower in the Currency used in the Loan Agreement. Loan Originator Tecnologia Teradata 15 Ibanonline SRL, a private limited company existing under the laws of the Dominican Republic, company number 131903258131421725, that continues to service Claims of the Assignee against the Borrowers as well as to fulfil other responsibilities stated in the Terms and Conditions of the Portal User and the Agreement. Loan Originator’s Account a special virtual account established in the Tech Consultancy Management Partners system which shall be used for settlement of accounts for acquisition of the Claim. The Loan Originator’s Account is not the Virtual Account for the purpose of the Agreement. Tech Consultancy Management Partners Tech Consultancy Management Partners, a private company registered and existing under the laws of Estonia, registration No. 14580113, maintaining and administrating the Portal, servicing the Claim of the Assignee and fulfilling other responsibilities specified in the Terms and Conditions of the Portal User and the Agreement. Tech Consultancy Management Partners Account/-s bank account/-s of Tech Consultancy Management Partners specified in the Portal specially for supplementing the Virtual Account, wherein the funds of the User pursuant to the Terms and Conditions of the Portal User are transferred for conducting transactions in the Portal, and which is/are kept separately from Tech Consultancy Management Partners’s property.

Payments. payments of the Borrower to the Loan Originator including repayment of Loan Amount and payments of Interest arising out of the Loan Agreement. Business Day any day, wherein the xxxxx in the country of the Assignor are open for business, except for Saturdays, Sundays and national holidays. Claim claim held by the Assignor or a part thereof against the Borrower arising out of the Loan Agreement with all the rights appurtenant thereto in accordance with this Agreement. The Claim may consist of the outstanding Loan Amount and Interest in full amount or partially. The Claim is assigned without re-registration of security interest incorporated in the Collateral in the name of the Assignee (if any). Detailed amount and composition of the Claim is specified in the Basic Terms and Conditions. Claim Amount the part of the Loan Amount specified in Clause 5.1 of the Basic Terms and Conditions wherein the Assignor transfers the Claim to the Assignee, and which together with the markup or discount indicated in the Basic Terms and Conditions forms the Claim Price. Claim Price the price specified in the Basic Terms and Conditions for the assignment of Claim consisting of the Claim Amount and markup or discount specified in the Basic Terms and Conditions. Collateral pledge rights of the Loan Originator to the real estate, movable property or aggregation of property, suretyship or guarantee of a third party or any other means allowed pursuant to the laws and regulations guaranteeing the fulfillment of the Borrower’s obligations arising out of the Loan Agreement that are expressly indicated among other information about the Claim in the Portal (if any). The Claim can be established without the Collateral. Contractual penalty, late payment interest and other ancillary claims arising out of the Loan Agreement for the purpose of the Agreement shall not be considered as Collateral. Creditor the Loan Originator or the User, holding a claim arising from the Loan Agreement against the Borrower. Currency used in the Loan Agreement the currency specified in the Basic Terms and Conditions that is the currency used in the Loan Agreement. Exchange Rate the currency exchange rate from the Currency used in the Loan Agreement to the currency of the Claim Price fixed by mutual agreement of the Loan Originator and Tech Consultancy Management Partners before conclusion of this Agreement. Currency exchange provisions are used only in case if the Currency used in the Loan Agreement and currency of the Claim Price differs. General Terms and Conditions part II of the Agreement. Interest the remuneration specified in the Basic Terms and Conditions for the use of the financing until the due date set according to the Loan Agreement, which is a part of the Claim and is being paid by the Borrower pursuant to the terms and conditions of the Loan Agreement. The Interest is being calculated from the outstanding Loan Amount comprising the Claim according to the French Amortisation method. No Interest is calculated after the due date during the delay period. Loan Agreement a loan agreement specified in the Basic Terms and Conditions concluded by and between the Loan Originator and the Borrower. Loan Amount the principal amount of the outstanding loan issued by the Loan Originator to the Borrower in compliance with the Loan Agreement or a part thereof, which the Borrower pursuant to the Loan Agreement repays to the Loan Originator. The Loan Amount is issued and repaid by the Borrower in the Currency used in the Loan Agreement. Loan Originator Tecnologia Teradata 15 International Insurance y Provisions DMG SRL, a private limited company existing under the laws of the Dominican Republic, company number 131903258131745164, that continues to service Claims of the Assignee against the Borrowers as well as to fulfil other responsibilities stated in the Terms and Conditions of the Portal User and the Agreement. Loan Originator’s Account a special virtual account established in the Tech Consultancy Management Partners system which shall be used for settlement of accounts for acquisition of the Claim. The Loan Originator’s Account is not the Virtual Account for the purpose of the Agreement. Tech Consultancy Management Partners Tech Consultancy Management Partners, a private company registered and existing under the laws of Estonia, registration No. 14580113, maintaining and administrating the Portal, servicing the Claim of the Assignee and fulfilling other responsibilities specified in the Terms and Conditions of the Portal User and the Agreement. Tech Consultancy Management Partners Account/-s bank account/-s of Tech Consultancy Management Partners specified in the Portal specially for supplementing the Virtual Account, wherein the funds of the User pursuant to the Terms and Conditions of the Portal User are transferred for conducting transactions in the Portal, and which is/are kept separately from Tech Consultancy Management Partners’s property.

Payments. payments of the Borrower to the Loan Originator including repayment of Loan Amount and payments of Interest arising out of the Loan Agreement. Business Day any day, wherein the xxxxx in the country of the Assignor are open for business, except for Saturdays, Sundays and national holidays. Claim claim held by the Assignor or a part thereof against the Borrower arising out of the Loan Agreement with all the rights appurtenant thereto in accordance with this Agreement. The Claim may consist of the outstanding Loan Amount and Interest in full amount or partially. The Claim is assigned without re-registration of security interest incorporated in the Collateral in the name of the Assignee (if any). Detailed amount and composition of the Claim is specified in the Basic Terms and Conditions. Claim Amount the part of the Loan Amount specified in Clause 5.1 of the Basic Terms and Conditions wherein the Assignor transfers the Claim to the Assignee, and which together with the markup or discount indicated in the Basic Terms and Conditions forms the Claim Price. Claim Price the price specified in the Basic Terms and Conditions for the assignment of Claim consisting of the Claim Amount and markup or discount specified in the Basic Terms and Conditions. Collateral pledge rights of the Loan Originator to the real estate, movable property or aggregation of property, suretyship or guarantee of a third party or any other means allowed pursuant to the laws and regulations guaranteeing the fulfillment of the Borrower’s obligations arising out of the Loan Agreement that are expressly indicated among other information about the Claim in the Portal (if any). The Claim can be established without the Collateral. Contractual penalty, late payment interest and other ancillary claims arising out of the Loan Agreement for the purpose of the Agreement shall not be considered as Collateral. Creditor the Loan Originator or the User, holding a claim arising from the Loan Agreement against the Borrower. Currency used in the Loan Agreement the currency specified in the Basic Terms and Conditions that is the currency used in the Loan Agreement. Exchange Rate the currency exchange rate from the Currency used in the Loan Agreement to the currency of the Claim Price fixed by mutual agreement of the Loan Originator and Tech Consultancy Management Partners before conclusion of this Agreement. Currency exchange provisions are used only in case if the Currency used in the Loan Agreement and currency of the Claim Price differs. General Terms and Conditions part II of the Agreement. Interest the remuneration specified in the Basic Terms and Conditions for the use of the financing until the due date set according to the Loan Agreement, which is a part of the Claim and is being paid by the Borrower pursuant to the terms and conditions of the Loan Agreement. The Interest is being calculated from the outstanding Loan Amount comprising the Claim according to the French Amortisation method. No Interest is calculated after the due date during the delay period. Loan Agreement a loan agreement specified in the Basic Terms and Conditions concluded by and between the Loan Originator and the Borrower. Loan Amount the principal amount of the outstanding loan issued by the Loan Originator to the Borrower in compliance with the Loan Agreement or a part thereof, which the Borrower pursuant to the Loan Agreement repays to the Loan Originator. The Loan Amount is issued and repaid by the Borrower in the Currency used in the Loan Agreement. Loan Originator Tecnologia Teradata 15 Ravermat SRL, a private limited company existing under the laws of the Dominican Republic, company number 131903258131902121, that continues to service Claims of the Assignee against the Borrowers as well as to fulfil other responsibilities stated in the Terms and Conditions of the Portal User and the Agreement. Loan Originator’s Account a special virtual account established in the Tech Consultancy Management Partners system which shall be used for settlement of accounts for acquisition of the Claim. The Loan Originator’s Account is not the Virtual Account for the purpose of the Agreement. Tech Consultancy Management Partners Tech Consultancy Management Partners, a private company registered and existing under the laws of Estonia, registration No. 14580113, maintaining and administrating the Portal, servicing the Claim of the Assignee and fulfilling other responsibilities specified in the Terms and Conditions of the Portal User and the Agreement. Tech Consultancy Management Partners Account/-s bank account/-s of Tech Consultancy Management Partners specified in the Portal specially for supplementing the Virtual Account, wherein the funds of the User pursuant to the Terms and Conditions of the Portal User are transferred for conducting transactions in the Portal, and which is/are kept separately from Tech Consultancy Management Partners’s property.