Installment Due Date definition

Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.
Installment Due Date is defined in the Note.
Installment Due Date means, for any monthly installment of interest only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. The "First Installment Due Date" under this Note is August 1, 2008.

Examples of Installment Due Date in a sentence

  • The amount of each monthly installment of interest only payable pursuant to this Subsection 3(d)(i) on an Installment Due Date shall vary, and shall equal $__________ [insert the per diem amount derived by multiplying the original principal balance of the Loan by the Fixed Interest Rate and dividing the product by 360] multiplied by the number of days in the month prior to the Installment Due Date.

  • If Lender, or Loan Servicer on Lender’s behalf, withdraws funds from the Rental Achievement Reserve Fund, then Lender will apply the funds as of the next Installment Due Date to reduce the unpaid principal balance of the Loan.

  • Subject to Section 4.04(b), on each Installment Due Date until the Loan is paid in full, Borrower will pay the Monthly Replacement Reserve Deposit to Lender for deposit into the Replacement Reserve Fund.

  • If an Installment Due Date (as defined in Section 1(a)) falls on a day which is not a Business Day, then with respect to payments made under this Section 10 only, (A) the term “Installment Due Date” will mean the Business Day immediately preceding the scheduled Installment Due Date and (B) the calculation of any required prepayment premium will be made as if the prepayment had actually been made on the scheduled Installment Due Date.

  • Prepayment Structure Prepayment Charge 1%, with a Lockout Period from the Effective Date through the day before the 12th Installment Due Date After expiration of the Lockout Period, the Prepayment Charge is 1% of the principal being prepaid.


More Definitions of Installment Due Date

Installment Due Date. The first day of the month in which the related Distribution Date occurs.
Installment Due Date means the Business Day immediately preceding the scheduled Installment Due Date.
Installment Due Date means, for any monthly installment of interest only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. The "First Installment Due Date" under this Note is _____ 1, _____. [insert the first day of the second month following the origination date; however, if the loan is originated on the first day of a month, insert the first day of the first month following the origination date] If an Installment Due Date falls on a day that is not a Business Day, then Borrower must make any payment on the Business Day immediately preceding the Installment Due Date.
Installment Due Date. November 20, 2013; provided that the Installment Due Date may be extended, in FRBNY’s sole discretion, by successive periods of one year (but in no event beyond the Maturity Date).
Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note; provided that, if an Installment Due Date is not a Business Day, the Installment Due Date will be the next succeeding Business Day, except as otherwise expressly provided in this Note.
Installment Due Date means, for each installment payment listed in Section 4.1 (Installment Payments), the applicable installment payment due date.
Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. Multifamily NoteFixed Rate Defeasance Page 1