Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.
Monthly Debt Service Payment Amount means for the First Monthly Payment Date and for each Monthly Payment Date occurring thereafter up to and including the Maturity Date, a payment equal to the amount of interest which will accrue on the Notes during the Interest Accrual Period in which such Monthly Payment Date occurs computed at the Interest Rate.
Monthly Debt Service Payment Amount means the amount of interest and the Scheduled Amortization Payment due and payable on each Payment Date, pursuant to the Note and Section 2.2 hereof.
Examples of Monthly Debt Service Payment Amount in a sentence
Borrower shall make a payment to Lender equal to the Monthly Debt Service Payment Amount on each Monthly Payment Date until the Debt shall be paid in full in accordance with the terms and provisions of this Agreement and the other Loan Documents.
On the Amortization Commencement Date and each Monthly Payment Date thereafter during the Term, Borrower shall make a payment of principal and interest equal to the Monthly Debt Service Payment Amount.
The Monthly Debt Service Payment Amount shall be applied first to accrued and unpaid interest and the balance to the Outstanding Principal Balance.
More Definitions of Monthly Debt Service Payment Amount
Monthly Debt Service Payment Amount shall have the meaning assigned to such term or an analogous term in the Loan Agreement.
Monthly Debt Service Payment Amount. The monthly payment of interest and principal, if any, required to be made by the Borrower on the Trust Loan in the amount set forth in the Loan Agreement.
Monthly Debt Service Payment Amount shall have the meaning set forth in Section 2.3.2 hereof.
Monthly Debt Service Payment Amount means, on each Payment Date, the amount of interest which accrues on the Loan for the related Interest Period.
Monthly Debt Service Payment Amount means (i) for the Monthly Payment Date occurring in July, 2023 and for each Monthly Payment Date occurring thereafter up to and including the Monthly Payment Date occurring in June, 2025, a payment equal to the amount of interest which has accrued on the Principal Amount during the preceding Accrual Period computed at the Applicable Interest Rate and (ii) for the Monthly Payment Date occurring in July, 2025 and for each Monthly Payment Date occurring thereafter, a constant monthly payment of interest and principal in an amount of $373,980.69.
Monthly Debt Service Payment Amount shall have the meaning set forth in Section 2.2.1.
Monthly Debt Service Payment Amount. As defined in the Mortgage Loan Agreement.