Monthly Escrow Payment definition

Monthly Escrow Payment means the sum of the Monthly Imposition Requirement, the Monthly Insurance Premium Requirement, and the Monthly Reserve Requirement.
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Monthly Escrow Payment has the meaning set forth in Section 2(b) hereof.
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Monthly Escrow Payment. Defined in Subsection 2.2.4, Monthly Escrow
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Examples of Monthly Escrow Payment in a sentence

  • The Lender may reanalyze the projected Escrow Expenses from time to time and shall advise the Borrower of any change in the amount of the Monthly Escrow Payment.

  • The Borrower shall pay the Monthly Escrow Payment on the first (1st) day of every month, commencing with the month in which the first regular payment of principal and interest is due.

  • Any Monthly Escrow Payment received after the tenth day of the month in which it is due shall be subject to a late charge of five percent, which shall not be applied to the Escrow Fund.

  • The Borrower’s failure to pay, or to cause to be paid, (i) any regular monthly payment of interest under the Note, together with any required Monthly Escrow Payment, on or before the tenth (10th) day of the month in which it is due or (ii) any other scheduled payment under the Note, this Deed of Trust or any other Loan Document within ten (10) days of the date when due.

  • The Borrower’s failure to pay, or to cause to be paid, (i) any regular monthly payment of interest under the Note, together with any required Monthly Escrow Payment, on or before the tenth (10th) day of the month in which it is due or (ii) any other scheduled payment under the Note, this Mortgage or any other Loan Document within ten (10) days of the date when due.

  • ESCROW FUND Grantor shall pay the Monthly Escrow Payment on the first day of every month, commencing January 1, 1997.

  • The amount of the Initial Monthly Escrow Payment will be specified in the Basic Lease Information.

  • The Borrower shall pay the Monthly Escrow Payment on the first (1st) day of every month, commencing with the month in which the first regular monthly debt service payment is due under the terms of the Note.

  • In the event that the Leasing Certification reflects rental income attributable to the Vacant Space for the then-current month, Escrow Agent shall, within five (5) days after its receipt of such Leasing Certification, (1) release to Purchaser an amount equal to the Monthly Escrow Payment less the amount of any rental income set forth in such Leasing Certification, and (2) release to Seller an amount equal to the rental income shown on the Leasing Certification.

  • Beneficiary may reanalyze the projected Escrow Expenses from time to time and shall advise Grantor of any change in the amount of the Monthly Escrow Payment.


More Definitions of Monthly Escrow Payment

Monthly Escrow Payment means the sum of the Monthly Imposition Requirement, the Monthly Insurance Premium Requirement, and the Monthly Reserve Requirement. Mortgage, Security Agreement & Fixture Filing GTJ Portfolio, Parsippany, New Jersey AEGON Loan No. 10520104
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Monthly Escrow Payment means the sum of the Monthly Imposition Requirement and the Monthly Reserve Requirement.
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Monthly Escrow Payment. Defined in Section 2.2.4, Monthly Escrow Payment. “MPSC” – Defined in Section 2.1, Effective Date and Term..
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Monthly Escrow Payment means the sum of the Monthly Tax Payment, Monthly Insurance Payment, and Monthly Reserve Payment then required by Mortgagee.
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Related to Monthly Escrow Payment

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Adjustment Escrow Amount means $1,000,000.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Reserve Fund Deposit With respect to the Reserve Fund, an amount equal to $5,000, which the Depositor shall initially deposit into the Reserve Fund pursuant to Section 3.21 hereof.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Interim Payment has the meaning specified in Section 10.1.

  • Delta Payment means as it is described in this Agreement.