Promises to Pay Clause Samples

Promises to Pay. Borrower promises to pay to Lender A the amount advanced by Lender A and interest thereon and all other amounts due and payable pursuant to the terms and conditions of this Agreement and the other Loan Documents. Borrower promises to pay to Lender B the amount advanced by Lender B and interest thereon and all other amounts due and payable pursuant to the terms and conditions of this Agreement and the other Loan Documents. In addition, Borrower promises to pay to Lender B the Participation Amount pursuant to the terms and conditions of this Agreement.

Promises to Pay. For value received, Tenant promises to pay to Landlord, at the address to which Tenant pays rent under the Lease, a principal sum equal to the Obligation, in legal and lawful money of the Untied States of America, with interest on the outstanding principal from the date the Obligation is incurred, until paid, at the rates set out below. Interest will be computed on a per annum basis of a year of 360 days and for the actual number of days elapsed, unless such calculation would result in a rate greater than the highest rate permitted by applicable law, in which case interest shall be computed on a per annum basis of a year of 365 days or 366 days in a leap year, as the case may be.

Promises to Pay. 12 2.16 Authorization to Debit Loan Account................................ 12 2.17

Promises to Pay. Promises to Pay are obtained when a Credit Analyst has worked with the customer and they have provided a check number, check amount, and date sent. This information is to be noted in SAP and tracked in Outlook for follow up within [omitted] after date payment sent. Promises to Pay should also be a considering factor for decisions to release held orders. Analysts are currently working all open items on accounts to collect, resolve, credit, etc. In the instance that sales deems a customer should be exempt from the escalation process, the standard form must be filled out and signed by the BU VP Sales, BU VP/GM, and the BU Controller. The form dictates sales volume, account history and the action plan for resolving the accounts issues while they are exempt from escalation. The form must also state the course of action if the customer defaults beyond the agreement.

Promises to Pay. The Borrower promises to pay to the Bank in --------------- accordance with the terms of this Agreement and on the dates specified herein, subject to acceleration under Section VIII, all monetary Obligations hereunder.

Promises to Pay. FOR VALUE RECEIVED, the undersigned promises to pay to the order of SAN ▇▇▇▇▇▇▇ UNIVERSITY, a Florida Corporation, the principal sum of $ 40,800 paid in accordance with the Option – Method of Payment selected below being payable on the dates and in the amounts specified below (payable by cash, check or credit card) OPTION 1: Full Payment at the signing enrollment agreement. Total of $ Option 2: Payment by semester in the amount of: $ the first 5 days of each semester OPTION 3: Monthly Installments in the amount of: $ _1,275 _ every first 5 days of the month These options are available to all students TERMS OF PAYMENT NUMBER OF PAYMENTS AMOUNT PER PAYMENT DUE DATES Tuition: $ 40,800 Application Fee: $ 80 Graduation Fee: $ 120 Total Tuition Cost: $_41,000 32 $1,275 first 5 days of the month staring on 01/05/2019 TERMS OF AGREEMENT: This agreement covers a tuition period of semesters. Each semester is 15 weeks in length and 16 weeks for the Culinary Arts Program. And the program’s estimated time of completion is 5 semesters. Terms of payment indicated are for the length of the program. The student is responsible for the payment of the Semester Tuition. Late fees may be assessed to past due balances. You may prepay the unpaid balance at any time. The student’s transcript and degree will be withheld until all fees and financial obligations have been met. There will be a late fee penalty of $ 50.00 when monthly tuition payments are not paid on the due date. (First FIVE days of each month) Any and all payments must be made in United States currency in immediately available funds in care of I, understand that I will be a student of San ▇▇▇▇▇▇▇ University and that I will be charged tuition and fees at rates establish from time to time by the University and published in the catalog. The tuition and fees charges stated above will not change, provided that the Student starts classes as scheduled and continues without interruption. Tuition rates may also vary depending on a student’s enrollment status. Tuition is billed on a payment period basis (the terms “payment period” and