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12-Month Payment Plan
THIS 12-MONTH PAYMENT PLAN (the “Payment Plan”), entered onto as of ______(xx/xx/xxxx), is hereby made by and between the customer (the “customer”) and the program facilitator (the “facilitator”).
WHEREAS, the customer intends to pay, and the facilitator intends to receive such payments.
EACH “PARTY” (the “customer” and the “facilitator”) has full authorization to enter into this Agreement in the capacity in which it is signing; and
NOW THEREFORE, in consideration of the mutual promises made below, the parties agree as follows:
The below numbers do not reflect any discounts or scholarships what-so-ever. If you would like to see an updated version once you apply and receive such rewards, please email me for details. Otherwise, once registered you will receive an updated form listing your agreed upon payment plan.
Payment Number / AmountMonth #1 / $416.25
Month #2 / $416.25
Month #3 / $416.25
Month #4 / $416.25
Month #5 / $416.25
Month #6 / $416.25
Month #7 / $416.25
Month #8 / $416.25
Month #9 / $416.25
Month #10 / $416.25
Month #11 / $416.25
Month #12 / $416.25
TOTAL / $4,995.00
STATEMENTS AND CONDITIONS:
- Parties. The Parties to this Agreement are as follows (each a “customer” and “facilitator,” respectively)
- Promise to Pay. FOR THE VALUE RECEIVED, Customer promises to pay facilitator a total principal amount of USD in return for the following from the facilitator: $4,995.00
- Interest. Interest will ONLY begin to accrue if and when month #12 expires and total payment is not met. Such interest will be calculated by +5% for every month it is late of the principal balance in question. In no way will this interest exceed the monthly limit, but each “month” will be calculated by every 30 days.
- Method of Payment. Acceptable methods of payment are as follows: credit card, check, and cash.
- Payment and Notice Addresses. All payments must be delivered to Facilitators address stated at the bottom or any place or any other manner as may be designed from time to time in writing from Facilitator. Address notices will be in writing and delivered either in person or emailed to each customer.
- Prepayment. Customer may prepay monies owed under this Payment Plan in full or in part at any time without incurring a premium, fee, or penalty.
- Events of Default. The customer’s failure to pay all monies owed in full on or before the Due Date
- Acceleration. Should Customer default under or otherwise breach this Payment Plan and not cure said default or breach on or before 3 days after set facilitator gives set customer written notice thereof, by personal delivery or certified mailing, all principal remaining unpaid and interest accruing thereon will, at the option of Fascinator, become immediately due and payable to Facilitator. The date of notice will be the date of delivery or the date of mailing.
- No Waiver. No delay or failure in giving notice of a default or breach will constitute a waiver of the right of the Facilitator to exercise its right of acceleration or any other right the Facilitator may have hereunder in the event of a subsequent or continuing default or breach.
- Attorney Fees and Court Costs. In the event of a default or breach under this Payment Plan, Customer covenants to pay Facilitator all collection and/or litigation costs incurred, including reasonable attorney fees and court costs, whether or not a judgement is received and whether or not a lawsuit is filed.
- Costs and Expenses. Customer covenants to reimburse Facilitator for all reasonable out-of-pocket expenses Facilitator incurs in enforcing this Payment Plan, including reasonable attorney fees and court costs. Additionally, Customer will pay any stamp or other similar duties and taxes to which this Payment Plan is subject.
- Governing Law. The Parties agree that the laws of the State of Pennsylvania will govern this Payment without regard to its conflict-of-law provisions. Any claims or disputes concerning this Payment will, at the sole election of Facilitator, be adjudicated in Columbia County.
BOTH PARTIES have executed this Payment Plan as of the date affixed to each signature.
CUSTOMER SIGNATURE ______DATE ______
ADDRESS ______CITY ______STATE ______ZIP ______
FACILATOR SIGNATURE ______DATE ______
ADDRESS ______CITY ______STATE ______ZIP ______