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.

• NOTE: Texas Department of Transportation (TxDOT) offers an opportunity to participate in its Early Payment Program to accelerate payments in exchange for a discount.

• Additional information may be found at the following website: http://www.txdot.gov/business/vendors/epp.html or the Priority Invoice and Early Payment Program form (Appendix B).

• If an Interim Payment Amount is payable in respect of the Notes, the Swap Counterparty will pay an amount to the Issuer which will be equal to such Interim Payment Amount on or before the date on which such payment is due to be made by the Issuer provided that no Early Payment Event or Event of Default has occurred.

• The service was completed to the satisfaction of TxDOT, and within thirty (30) days from receipt of a correct invoice or billing statement.NOTE: Texas Department of Transportation (TxDOT) offers an opportunity to participate in its Early Payment Program to accelerate payments in exchange for a discount.

More Definitions of Early Payment

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. 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 is defined in Section 3.2.

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. 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

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)

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.