Instalment definition
Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.
Instalment means any sum payable by You under a Payment Plan Agreement.
Instalment has the meaning given in Clause 8.1;
Examples of Instalment in a sentence
Any prepayment pursuant to Clause 27.2 (Provision of additional security; prepayment) shall be made in accordance with the relevant provisions of Clause 7 (Prepayment and Cancellation) and shall be applied pro rata against the then outstanding Repayment Instalments and the Balloon Instalment pursuant to the provisions of Clause 6.2 (Effect of cancellation and prepayment on scheduled prepayments).
More Definitions of Instalment
Instalment means an amount equivalent to the Total Quantity multiplied by the Price (plus VAT) divided by the number of Instalments;
Instalment means the amount of principal of the Loan repayable on a Repayment Date in accordance with Clause 3;
Instalment means a single payment due in any one month in respect of a single Repayment Plan.
Instalment means for any Facility, the sums under that Facility which have been the subject of a Request for Funds and a related Acceptance Notice; an Instalment may be disbursed in one or more Tranches.
Instalment means an amount due and payable by the Owner under the terms of the Shipbuilding Contract.
Instalment means the amount comprising of the Loan Amount & Interest, the Borrower is required to pay to the Lender on the respective due date under this Agreement, during the Repayment period of the Loan and as described in the Schedule.
Instalment means each amount charged to Card Account on a monthly basis during the Instalment Period.