Current installment definition

Current installment means the intervening period between regularly scheduled payments;
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Examples of Current installment in a sentence

  • The following costs and expenses have been prorated between the Seller and Buyer: Current installment of real property taxes and assessments levied against the Property, current utilities, income, amounts payable under Contracts (to the extent assumed by Buyer), permits and license fees, and other current operating and maintenance expenses of the Property.

  • Current installment payments will be disbursed directly by the debtor, as specified below, subject to any contrary court order or rule.

Related to Current installment

  • Repayment Instalment has the meaning given to it in Clause 6.1 (Repayment of Loan).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Installment Date as defined in Section 2.12.

  • Home improvement installment contract or "contract" means an agreement covering a home improvement installment sale, whether contained in 1 or more documents, together with any accompanying promissory note or other evidence of indebtedness, pursuant to which the buyer promises to pay in installments all or any part of the time sale price or prices of goods and services, or services. It does not include such an agreement:

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).