Monthly Debt Service Payment Amount definition

Monthly Debt Service Payment Amount means a constant monthly payment amount of $572,705.54.
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 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 of interest in the amount of the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in November, 2014 and on each Monthly Payment Date thereafter to and including the Anticipated Repayment Date.

On each Monthly Payment Date occurring after the Anticipated Repayment Date, Borrower shall (i) make a payment to Lender of interest in the amount of the Monthly Debt Service Payment Amount, such payment to be applied to interest in an amount equal to interest that would have accrued on the outstanding principal balance of the Loan at the Initial Interest Rate, and (ii) pay to Lender amounts as set forth in Section 5(b)(ix) of the Cash Management Agreement.


More Definitions of Monthly Debt Service Payment Amount

Monthly Debt Service Payment Amount means an amount equal to $182,000.00.
Monthly Debt Service Payment Amount means, for the First Monthly Payment Date and for each Monthly Payment Date occurring thereafter, a payment equal to the amount of interest which has accrued and will accrue, in each case, during the Interest Accrual Period in which such Monthly Payment Date occurs computed at the Interest Rate in the manner set forth in Section 2.5 of this Agreement.
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 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 an amount equal to the interest, computed at the Applicable Interest Rate, due on the outstanding balance of the Loan on any given Monthly Payment Date, plus a monthly amortization payment as set forth on Schedule 3.
Monthly Debt Service Payment Amount means (i) for the Monthly Payment Date occurring in January, 2015 and for each Monthly Payment Date occurring thereafter up to and including the Monthly Payment Date occurring in December, 2016, a payment equal to the amount of interest which has accrued during the preceding Interest Accrual Period computed at the Interest Rate and (ii) for the Monthly Payment Date occurring in January, 2017 and for each Monthly Payment occurring thereafter, a constant monthly payment of $96,609.19.
Monthly Debt Service Payment Amount means (a) an amount equal to interest only on the outstanding principal balance of the Building Loan, calculated in accordance with Section 2.2 hereof, for each Payment Date commencing with the Payment Date occurring in February, 2008 through and including the Payment Date occurring in January, 2013, and (b) a constant monthly payment of $156,023.44 commencing with the Payment Date occurring in February, 2013 and on each Payment Date thereafter, provided, however, that in the event that the Interest Rate is modified in accordance with the provisions of the definition of “Interest Rate,” the Monthly Debt Service Payment Amount shall be adjusted by Lender based upon the modified Interest Rate and a thirty (30) year amortization schedule, Lender's determination of the Monthly Debt Service Payment Amount being binding absent manifest error.