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

• When your account is closed, any Instalment Plans on the account will end, and the Instalment Plan balance will be added to your main account balance and be subject to the terms of this agreement including the charging of interest.

• If you miss a monthly payment for an Instalment Plan, the unpaid amount will be requested on your next statement as part of the payment due that month.

• When you’ll pay interest on an Instalment Plan that ends early If an Instalment Plan ends early on 10th June, and your next statement date is 18th June, we’ll only start to charge interest on the balance you owed under that Instalment Plan from the 19th of June.

• Where the Instalment Plan ends early, we’ll start to charge interest on the balance you owed under that Instalment Plan from the day after your next statement.

• We’ll then pay off the monthly instalment amount and monthly instalment fee that you owe in relation to any Instalment Plan.

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 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 a single payment due in any one month in respect of a single Repayment Plan.

Instalment means each amount charged to Card Account on a monthly basis during the Instalment Period.