Early Payment definition
Early Payment. As to any Asset and any Due Date on which the principal and interest payments on such Asset made with respect to such Due Date (not including any late fees) exceed the sum of the scheduled Monthly Payment for such Asset and Due Date plus any unpaid Monthly Payments for previous Due Dates, if the related Obligor has not sent written notice to the Servicer with such payment asking that the amount by which such payment exceeds the Monthly Payment then due be treated as a Principal Prepayment and the Servicer is unable to determine the Obligor's intended treatment of such excess payment, the Early Payment shall be the amount by which (1) payments of principal and interest on such Asset made with respect to such Due Date exceed (2) the scheduled Monthly Payment for such Asset on such Due Date plus any unpaid Monthly Payments for previous Due Dates, but only to the extent that the amount of such excess is an integral multiple of the amount of the scheduled Monthly Payment for such Due Date. To the extent that the amount of such excess exceeds an integral multiple of such scheduled Monthly Payment, the excess shall be deemed to be a Principal Prepayment of such Asset.
Early Payment means the early payment of estimated future water, wastewater and roads development charges under the Phase 1 and Phase 2 Agreements;
Early Payment. One (1) Business Day preceding each Floating Rate Payer Period End Date.
Examples of Early Payment in a sentence
Floating Rate Payer Payment Dates: Early Payment shall be applicable.
Fixed Rate Payer Payment Dates: Early Payment shall be applicable.
Floating Rate Payer Payment Dates: Early Payment, one (1) Business Day preceding each Floating Rate Payer Period End Date.
Fixed Rate Payer Payment Date: Early Payment shall be applicable.
For purposes of this Section, "Early Payment Default" shall mean any provision of the Sale Agreement or any related agreement to which GreenPoint and Assignor are parties that is designated as an "early payment default" provision of otherwise provides for the repurchase of any Mortgage Loan in the event of a default in the first (or such other number as may be specified in such provision) scheduled payment due under such Mortgage Loan after the closing or other date specified in such agreement.
More Definitions of Early Payment
Early Payment. As to any Asset and any Due Date on which the principal and interest payments on such Asset made with respect to such Due Date (not including any late fees) exceed the sum of the scheduled Monthly Payment for such Asset and Due Date plus any unpaid Monthly Payments for previous Due Dates, if the related Obligor has not sent written notice to the Servicer with such payment asking that the amount by which such payment exceeds the Monthly Payment then due be treated as a Principal Prepayment and the Servicer is unable to determine the Obligor's intended treatment of such excess payment, the Early Payment shall be the amount by which (1) payments of principal and interest on such Asset made with respect to such Due Date exceed (2) the scheduled Monthly Payment for such Asset on such Due Date plus any unpaid Monthly Payments for previous Due Dates.
Early Payment means a twenty five percent (25%) discount for Early Payment in accordance with Section 5(5)(a) of this By-law that is payable for contraventions of the designated provisions listed in Column A3 and set forth in Schedule “A”;
Early Payment is defined in Section 3.2.
Early Payment. I may prepay my obligation in full at any time prior to the original or any extended maturity and will be charged only for earned Finance Charges.
Early Payment. One (1) Business Day preceding each Floating Amount Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 month Spread: Inapplicable Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period Fixed Amount Payer: Party B Fixed Amount Payer Period End Dates: The 25th calendar day of each month, from and including 25 April, 2007 to and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention.
Early Payment means an amount equal to the product of (1) the aggregate undrawn commitments with respect to the purchase of Additional Securities of each Purchaser (as defined in the Note Purchase Agreement) that accepts a Change of Control Offer or Majority Sale Offer in accordance with the terms set forth in this Indenture, in each case, prior to the twelve month anniversary of the Issue Date, after giving effect to any pro rata reductions of such commitments under the Note Purchase Agreement as a result of such Purchaser’s acceptance thereof and (2) 13.0%.
Early Payment. A discount of 2% is applicable where annual tuition fees are paid in full on or before 30 November (excluding payments made by credit card). Payment is limited to one year of tuition fees in advance.