Common use of Application to Interest and Principal Clause in Contracts

Application to Interest and Principal. Payment will be credited first to any interest owed to Engineer and then to principal.

Appears in 36 contracts

Sources: Agreement Between Owner and Engineer for Professional Services, Professional Services, Agreement Between Owner and Engineer

Application to Interest and Principal. Payment will be credited first to any interest owed to Engineer Consultant and then to principal.

Appears in 2 contracts

Sources: Consultant Agreement, Consulting Agreement

Application to Interest and Principal. Payment will be credited first to any interest owed to Engineer Architecture and then to principal.

Appears in 1 contract

Sources: On Call Professional Architecture Services Agreement

Application to Interest and Principal. Payment will be credited first to any interest owed to Engineer Engineer, and then to principal.

Appears in 1 contract

Sources: Professional Services

Application to Interest and Principal. Owner’s Payment will be credited first to any interest owed to Engineer and then to principal.

Appears in 1 contract

Sources: Proposal and Agreement