Aggregate Monthly Amount definition

Aggregate Monthly Amount shall have the meaning set forth in Section 2.6.2(b) hereof.
Aggregate Monthly Amount shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of Aggregate Monthly Amount in a sentence

  • Notwithstanding the foregoing, Borrower expressly acknowledges and agrees that in the event that on any day on which a Monthly Interest Payment is due and payable (i) an Event of Default has occurred and is continuing hereunder, or (ii) the amount of such Aggregate Monthly Amount exceeds the Debt Service Reserve Funds then on deposit, Borrower shall remain liable for the payment of all Monthly Interest Payments as and when due.