{"component": "definition", "props": {"groups": [{"snippet": "or \u201cEMI\u201d means the amount of monthly payments, comprising of principal and interest calculated in the manner as mentioned in this Agreement, and necessary to amortise the Loan with interest over the tenor/period of the Loan.", "samples": [{"hash": "dpQ7LD9wyKk", "uri": "/contracts/dpQ7LD9wyKk#equated-monthly-instalment", "label": "Loan Agreement", "score": 26.5906913073, "published": true}, {"hash": "bVK04lU11of", "uri": "/contracts/bVK04lU11of#equated-monthly-instalment", "label": "Loan Agreement", "score": 23.6214921287, "published": true}, {"hash": "4fK83aZagzI", "uri": "https://www.ujjivansfb.in/sites/default/files/2022-03/Home_Loan_Agreement.pdf", "label": "Demand Promissory Note", "score": 15.038329911, "published": false}], "snippet_links": [{"key": "amount-of-monthly-payments", "type": "clause", "offset": [19, 45]}, {"key": "principal-and-interest", "type": "clause", "offset": [61, 83]}, {"key": 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{"key": "natural-resource-management", "type": "definition", "offset": [319, 346]}, {"key": "employees-and-labour", "type": "clause", "offset": [353, 373]}, {"key": "condition-of", "type": "clause", "offset": [384, 396]}, {"key": "compliance-with-regulations", "type": "clause", "offset": [421, 448]}, {"key": "relating-to", "type": "definition", "offset": [449, 460]}, {"key": "forced-labour", "type": "clause", "offset": [471, 484]}, {"key": "rights-of-association", "type": "clause", "offset": [505, 526]}, {"key": "public-health-and-safety", "type": "definition", "offset": [573, 597]}, {"key": "the-regulations", "type": "clause", "offset": [604, 619]}, {"key": "public-participation", "type": "definition", "offset": [623, 643]}, {"key": "land-rights", "type": "clause", "offset": [697, 708]}, {"key": "property-rights", "type": "definition", "offset": [786, 801]}, {"key": "other-laws", "type": "clause", "offset": [811, 821]}, {"key": "protection-of-employees", "type": "clause", "offset": 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EMI amount shall incorporate repayment of principal and payment of interest calculated on the basis of the Interest Rate, periodicity of compounding, periodicity of repayment, periodicity of effecting credits in the account so as to aim repayment of the entire liability under the Loan at the end of its tenor.", "samples": [{"hash": "g5Ck1vrmGxb", "uri": "/contracts/g5Ck1vrmGxb#equated-monthly-instalment", "label": "Business Instalment Loan Agreement", "score": 26.8206707734, "published": true}, {"hash": "1UPbeo67oPO", "uri": "/contracts/1UPbeo67oPO#equated-monthly-instalment", "label": "Business Instalment Loan Agreement", "score": 26.279945243, "published": true}], "snippet_links": [{"key": "amount-of-monthly-payment", "type": "clause", "offset": [10, 35]}, {"key": "the-loan", "type": "clause", "offset": [58, 66]}, {"key": "with-interest", "type": "definition", "offset": [67, 80]}, {"key": "emi-amount", "type": "clause", "offset": [110, 120]}, {"key": "repayment-of-principal-and-payment-of-interest", "type": "clause", "offset": [139, 185]}, {"key": "basis-of", "type": "clause", "offset": [204, 212]}, {"key": "the-interest-rate", "type": "clause", "offset": [213, 230]}, {"key": "the-account", "type": "clause", "offset": [322, 333]}, {"key": "entire-liability", "type": "clause", "offset": [364, 380]}, {"key": "at-the-end-of", "type": "clause", "offset": [396, 409]}], "size": 2, "hash": "eaf5f7fbc3495251e19bd060b322701e", "id": 6}, {"snippet": "or \"EMI/EMIs\" means the amount, determined by the Lender, payable every month (as per Schedule I: EMI payable) by the Borrower to the Lender to amortize the Facility with interest over the period of the Facility computed in accordance with the terms of this Agreement.", "samples": [{"hash": "8HKSN04LDXi", "uri": "/contracts/8HKSN04LDXi#equated-monthly-instalment", "label": "Loan Agreement", "score": 27.0260095825, "published": true}, {"hash": "8Zz8OkULEyp", "uri": "/contracts/8Zz8OkULEyp#equated-monthly-instalment", "label": "Loan Agreement", "score": 26.8795345654, "published": true}], "snippet_links": [{"key": "by-the-lender", "type": "clause", "offset": [43, 56]}, {"key": "schedule-i", "type": "definition", "offset": [86, 96]}, {"key": "by-the-borrower", "type": "clause", "offset": [111, 126]}, {"key": "the-facility", "type": "definition", "offset": [153, 165]}, {"key": "with-interest", "type": "definition", "offset": [166, 179]}, {"key": "period-of", "type": "clause", "offset": [189, 198]}, {"key": "in-accordance-with", "type": "definition", "offset": [221, 239]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [244, 267]}], "size": 2, "hash": "f9fe1a3b0f307f2cd02a0739b9bd2da1", "id": 7}, {"snippet": "means the amount payable every month by the Borrower to the Bank as stated in the Schedule or as may be amended from time to t ime by the Bank, comprising of interest, or as the case may be, principal and interest. \u201cExternal Benchmark Rate\u201d in relation to Interest Rate shall mean the market determined reference rate used by the Lender in conformity with the guidelines of RBI to determine the intere st rates on loans, which is subject to review by the Lender periodically \"Interest Rate\" means the rate at which the Bank shall compute and apply interest on the Personal Loan, as stated in the Schedule or as may be amended from time to time by the Bank. Interest rate shall include the \u201dExternal Benchmark Rate\u201d and the various components of spread internally computed by the Bank. Interest rate will be charged on a FIXED basis during the entire tenor of the loan \u201cLoan Account\u201d means the account maintained by the Borrower with the Bank which records the balance amount owed by the Borrower with reference to the Personal Loan. \"Parties\" means the Bank and the Borrower referred to collectively. \"Personal Loan\" or \u201cLoan\u201d or \u201cFacility\u201d means the loans granted by the Bank in terms of this Agreement, up to t he limit specified under the Schedule. The expression shall also mean to include the principal amount of Loan and all dues outstanding there under if the context so requires. \"Savings Account/s\" means the Savings Bank Account(s) of the Borrower, maintained with the Bank. \"Schedu le\" means the schedules of this Agreement. \u201cWebsite\u201d shall mean any of the Bank\u2019s website available under URL: \u2587\u2587\u2587.\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587, and shall include mobile phone based application(s) that may be provided by the Bank from time to time. In this Agreement, singular shall inclu de plural and the masculine gender the feminine or neutral gender. Any expression not defined herein shall, if defined under General Clauses Act, 1897 shall carry the same meaning as assigned to it under the said Act. The arrangement of clauses in this Agreement shall have no bearing on their interpretation.", "samples": [{"hash": "b2vcGCmi6ld", "uri": "/contracts/b2vcGCmi6ld#equated-monthly-instalment", "label": "Loan Agreement", "score": 23.993155373, "published": true}], "snippet_links": [{"key": "amount-payable", "type": "definition", "offset": [10, 24]}, {"key": "by-the-borrower", "type": "clause", "offset": [37, 52]}, {"key": "to-the-bank", "type": "clause", "offset": [53, 64]}, {"key": "by-the-bank", "type": "clause", "offset": [131, 142]}, {"key": "the-case", "type": "definition", "offset": [174, 182]}, {"key": "principal-and-interest", "type": "clause", "offset": [191, 213]}, {"key": "external-benchmark-rate", "type": "definition", "offset": [216, 239]}, {"key": "in-relation-to", "type": "clause", "offset": [241, 255]}, {"key": "interest-rate", "type": "definition", "offset": [256, 269]}, {"key": "the-market", "type": "definition", "offset": [281, 291]}, {"key": "reference-rate", "type": 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"type": "definition", "offset": [1727, 1744]}, {"key": "masculine-gender", "type": "definition", "offset": [1785, 1801]}, {"key": "neutral-gender", "type": "clause", "offset": [1818, 1832]}, {"key": "not-defined", "type": "definition", "offset": [1849, 1860]}, {"key": "general-clauses", "type": "clause", "offset": [1892, 1907]}, {"key": "same-meaning", "type": "clause", "offset": [1934, 1946]}, {"key": "arrangement-of-clauses", "type": "clause", "offset": [1989, 2011]}], "size": 2, "hash": "4ce695699b6355a99af4fec14591d6f3", "id": 8}, {"snippet": "means the amount of monthly payment necessary to amortise the Facility with Interest, over the tenure of the Facility, comprising both the principal amount and the Interest thereon;", "samples": [{"hash": "dAxZILtyW9M", "uri": "/contracts/dAxZILtyW9M#equated-monthly-instalment", "label": "Education Loan Agreement", "score": 34.8052634154, "published": true}], "snippet_links": [{"key": "amount-of-monthly-payment", "type": "clause", "offset": [10, 35]}, {"key": "the-facility", "type": "definition", "offset": [58, 70]}, {"key": "with-interest", "type": "definition", "offset": [71, 84]}, {"key": "the-principal-amount", "type": "definition", "offset": [135, 155]}, {"key": "the-interest", "type": "definition", "offset": [160, 172]}], "size": 1, "hash": "38d6bffc8424e6c2be2d473f2b2f0657", "id": 9}, {"snippet": "or EMI or Installment\u201d shall mean the amount of each monthly payment as specified in Schedule I required to be paid to the Lender to amortize the Loan with interest over the tenure of the Loan or within such period as may be determined by the Lender from time to time.", "samples": [{"hash": "3tzSC18HYA0", "uri": "/contracts/3tzSC18HYA0#equated-monthly-instalment", "label": "Loan Agreement", "score": 35.5461997822, "published": true}], "snippet_links": [{"key": "monthly-payment", "type": "definition", "offset": [53, 68]}, {"key": "as-specified", "type": "clause", "offset": [69, 81]}, {"key": "schedule-i", "type": 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can foreclose his loan from three (3) months from the date of his first EMI (<strong>Equated Monthly Instalment</strong>).", "The Borrower is also liable to pay the Lender interest as stated in Schedule II of this Agreement for the additional number of days over and above his scheduled EMI (<strong>Equated Monthly Instalment</strong>) in case he receives the funds for a period exceeding thirty (30) days from the date of his first EMI (<strong>Equated Monthly Instalment</strong>).", "The Borrower also without any prejudice unconditionally agrees to the EMI (<strong>Equated Monthly Instalment</strong>) date to be prefixed by the intermediary XYZ as mentioned in the Schedule I to this agreement, which will remain unchanged throughout the tenure of the loan availed unless otherwise stated reasons presented to the satisfaction of XYZ by the Borrower.", "I confirm that it shall be my obligation to ascertain the amount/s of the Pre <strong>Equated Monthly Instalments</strong>, the <strong>Equated Monthly Instalment</strong> as well as the interest instalments.", "Please be advised that applicable indirect taxes and any other amount liable to tax under prevailing Indirect Tax Laws including Goods and Service Tax and Applicable Cess would be recovered on all our fees and charges You are required to note that the Late Payment Charge (LPC) will be applicable if the <strong>Equated Monthly Instalment</strong> (EMI) is not paid by the due date.", "A revision in the applicable rate of interest will lead to a revision in the <strong>Equated Monthly Instalment</strong> (EMI) or the Loan tenure at the Banks discretion.", "In the event of the Borrower committing a default or delay in the payment of any sum due hereunder, whether by way of repayment of the principal amount of the Loan or payment of <strong>Equated Monthly Instalment</strong> (\u201cEMI\u201d) or any other payment due and payable by the Borrower, the Borrower shall pay Penal Interest compounded monthly at the rate mentioned in the Schedule I on the EMI due from the date of default till the date of payment.", "Each and every Borrower availing a loan on the website of the Confirming Party may, apart from the Cooling- off period specified in the KFS, in their own discretion and upon payment of due principal, interest and bank charges to the Lenders and fees payable to the Confirming Party can foreclose their loan after three (3) months from the date of his/their first EMI (<strong>Equated Monthly Instalment</strong>).", "Further, the amount of <strong>Equated Monthly Instalment</strong> may change/increase as may be decided by the Bank.", "Gold/Jewellery purchase, ATM Cash withdrawals, fuel transactions and transactions at Bar shall not be eligible for conversion into an <strong>Equated Monthly Instalment</strong> (EMI) scheme."], "related": [["note-monthly-interest", "Note Monthly Interest", "Note Monthly Interest"], ["note-monthly-interest-distributable-amount", "Note Monthly Interest 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