Monthly definition
Examples of Monthly in a sentence
The Employee acknowledges that the set amount of the Base Salary (namely, the Monthly Salary as defined in the Employment Agreement) as increased hereby, as well as all other compensation and benefits provided to the Employee by the Company, as agreed upon between the Employee and the Company, reflect the requirements of the position to work additional and irregular hours and days.
If the Administrative Agent disagrees with the accuracy or the content of such Monthly Servicing Report, it shall provide prompt written notice of such disagreement to the Borrower and the Servicer.
Without otherwise limiting the scope of the examination the Borrower, the Administrative Agent, any Lender Group Agent or any Lender may, using generally accepted audit procedures, verify the status of each Receivable and review the Servicer Files and records relating thereto for conformity to Monthly Servicer Reports and compliance with the standards represented to exist as to each Receivable in this Agreement.
The Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period).
If the Borrower, the Servicer, the Administrative Agent are unable to resolve their dispute involving a Monthly Servicing Report resulting in amounts not being applied in accordance with Sections 2.11(a), 2.11(b) or 2.13, as applicable, for more than ten (10) Business Days any party hereto may apply to any court of competent jurisdiction for a resolution of such dispute.