The Owing Party agrees and acknowledges that it owes the Owed Party an amount of money equal to $297.00.
The Owing Party hereby represents and warrants that this Agreement and the payment plan herein has been developed in a manner that that the Owing Party reasonably believes it can pay the Owed Party without further interruption notwithstanding an additional change in circumstances.
The Parties hereby agree to the following payment plan: 3 monthly payments of $99.00. The first payment will be made at the time of purchase, second payment will be made one month later, and the third and final payment will be made 1 month after the 2nd payment. The Owing Party agrees to make the payments to the Owed Party associated with the dates as listed on the Payment Plan.
In the event that the Owing Party fails to make any payments in accordance with the Payment Plan, upon reaching ten (10) days after the failure to make any such prescribed payment, the full amount of the Deficiency shall come immediately due and payable.