Balloon Payment definition

Balloon Payment shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

Examples of Balloon Payment in a sentence

  • When the bids were returned, Thomas had submitted a proposal to do a 4 year Balloon Payment Lease on 5 route buses.


More Definitions of Balloon Payment

Balloon Payment. With respect to any Balloon Loan, the related Monthly Payment payable on the stated maturity date of such Balloon Loan.
Balloon Payment shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.
Balloon Payment shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.