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Additionally, contrary to intuition, we show that a low credit type retailer consistently obtains a longer credit period from the supplier since the corresponding risk of a longer credit period can be gradually decreased through an increased initial payment due to the regulating effect of trade credit.
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France Télécom made its initial payment, also due today, on schedule.
Per Variety, Contreras-Sweet's group was due to make an initial payment of about $1.5 million on Tuesday.
The initial money allowed the country to make a $3.5-billion 3.5-billion Thursday to the Europaymentntral Bank.
§ 201.23 Borrower's initial payment.
The agreement covers how much the initial payment will be, usually 10 to 30 percent; it specifies the date of payment to the seller, and stipulates that the balance is due when the deed is signed at the notary's office.
Participating in the global refunding system requires an initial payment.
Within days, he got an initial payment of a hundred thousand.
Prosecutors demanded an initial payment of 7.7bn reais.
This offer expires 30 days after initial payment.
He had been insisting on an initial payment of $5.7 billion.
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