Principle of Repayment Clause Samples

Principle of Repayment. The loan repayment under this Contract shall follow the principles as below: 6.1.1 With regard to the loan with an overdue principal for more than 90 days, the loan with an overdue interest for more than 90 days or the loans otherwise stated by laws, rules and regulations, the borrower shall pay back the above mentioned expenses at first, and then carry out the repayment of rest loan following the principle of principal first, interest second. 6.1.2 For the loan without the above mentioned conditions, the borrower shall pay the interest first, principal second, following with a principle of stop paying the interest as long as the principal is clear.

Principle of Repayment. Unless Party A and Party B reach another written agreement and inform Party C in writing, Party A’s repayment under this agreement shall be made in accordance with the principle that the principal shall be repaid before interests and the interests shall be paid in a lump-sum basis o on the maturity date of the loan.

Principle of Repayment. Any repayment by Party A hereunder shall be made based on the following principles: (1) Repayment of principal shall be prior to repayment of interest under the following situations: the principal of the loan has been overdue beyond 90 days, interest has been overdue beyond 90 days, Party A’s business operation or projects related to the Loan have been terminated though the loan has not become mature or the overdue has not been beyond 90 days, and other loans stipulated by the laws and regulations. (2) Except as situations otherwise listed in the Article 6 1 (1) above, any repayment shall be made based on the principle that repayment of interest shall be prior to repayment of principal, and the interest shall be paid off together with the principal upon the last installment of repayment.

Principle of Repayment. The repayment by Party A under this contract shall be made in line with following principles: Party B has rights to use the repayment of Party A firstly to pay various fees that should be assumed by Party A but have been paid upfront by Party B as greed herein, and to pay the costs for Party B to realize the creditor’s right; the remaining amount will be repaid in line with the principle of first repayment of the interest and then principal, and repayment of the principal and interest in one lump sum on the expiry date. However, for the loan where the principal is overdue for 90 days and still unpaid, loan where the interests are overdue for 90 days and still unpaid or loans provided for otherwise by regulations or rules, Party A shall make repayments in line with the principle of first repayment of the interest and then principal after having paid back the above fees. 2. Payment of interests

Principle of Repayment. The repayment of any part of the loan hereunder shall be made in the principle of first payment of accrued interest and late payment of due principal.

Principle of Repayment. Party A shall repay the loan under this Contract in accordance with the following principle: Party B enjoys the right to first repay the advance payment by Party B for various fees that shall be paid by Party A and other fees for realizing Party B’s creditor’s rights with the repayment by Party A hereunder; and the remaining interest repayment shall be repaid prior to the remaining capital repayment and be settled when the latter is settled. But in case of a loan for which no principal or interest has been paid within ninety overdue days, or where otherwise required by laws and regulations, Party A shall repay the principal prior to the interest after the repayment of the said fees.

Principle of Repayment. The Lender has the right to use the repayment of the Borrower to repay the various expenses agreed in this Contract that should be borne by the Borrower and advanced by the Lender and the expenses for the Lender to realize its creditor’s rights, and the remaining amount shall be repaid according to the principle of repaying interest first and then repaying principal, and the interest shall be paid with the principal. The Lender has the right to adjust the above repayment order according to the actual situation.

Principle of Repayment. Party A's repayment hereunder shall be subject to the following principles: Party B is entitled to pay for varied expenses paid by Party B in advance for Party A, which is agreed hereunder, and the expenses for realizing its creditor’s rights with Party A's repayment fund first. Then the remaining fund shall be repaid with the principles of “interest first, principal later” and “principal and interest paid off altogether”. But for the loan with its principal overdue more than ninety days or its interest overdue more than ninety days, or the loan separately regulated by laws, regulations or rules, the principle of “principal first, interest later” shall be applied in Party A's repayment after Party A repays abovementioned expenses.

Principle of Repayment. The loan repayment under the Contract shall follow the principle of paying back the interest (including penalty interest and compound interest) first, then the principal.