Blended Payments definition

Blended Payments has the meaning ascribed to it in Section 1 (Disclosure Statement) in this Agreement;
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Blended Payments check for compliance with the Interest Act.
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Examples of Blended Payments in a sentence

  • FCC may, from time to time, by notice to the Borrowers, adjust any Blended Payment to reflect any change in any Variable Mortgage Rate or Variable Personal Property Rate or any change in interest rates arising pursuant to Schedule B and from and after the effective date set forth in such notice the Borrowers shall make all Blended Payments for such Loan in compliance with such notice.

  • All Blended Payments and other amounts due under this Agreement shall be made together with all applicable taxes (collectively, “Taxes”) in immediately available funds in U.S. Dollars and shall be payable to Lender at its address shown above or to such other place or in such other manner as Lender may at any time or times designate in writing.

  • If the Instalment Payments are blended payments of principal and interest "Blended Payments"), they will first be applied to interest due and the balance, if any, will be applied to the outstanding principal.

  • Subject to Applicable Law, Borrower agrees that it shall only be entitled prepay the Loan during the Term by paying the aggregate of: (i) all Blended Payments required to be paid under the Payment Schedule up until and including on the Scheduled Final Payment Date regardless of whether such Blended Payments have come due on the date of prepayment; and (ii) and all other Obligations then outstanding.

  • All indemnities provided by Borrower to Lender under this Agreement, including, without limitation, under Sections 39 and 40, shall survive and continue in full force and effect notwithstanding any matter or thing, including termination of this Agreement, the end of the Term, any other release or discharge from this Agreement of any Collateral, the sale or disposition of any Collateral or the release or discharge of Borrower to pay any Blended Payments due hereunder.

  • Borrower shall pay Lender the Blended Payments set out in the Payment Schedule in the amounts and at the times specified in the Payment Schedule.

  • All amounts payable by Borrower under this Agreement, whether Blended Payments or otherwise, shall be paid to Lender in U.S. dollars (the “Original Currency”).

  • If the amount of any Blended Payment is insufficient to pay all interest then due on a Demand Instalment Loan, together with all outstanding principal over the Amortization Period specified, then the amount of the Blended Payments will be increased to an amount specified by you for such purposes.

  • If Borrower is given written notice of any such sale, assignment, other disposition or grant of a security interest, it shall immediately make all applicable Blended Payments and other amounts hereunder or thereunder directly to the applicable transferee.