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.

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

  • 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 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.

  • The amount retained each month shall be determined in accordance with the following formula: Monthly Escrow Payment ($) = $1,200 x ZRC-month All Monthly Escrow Payments and accumulated interest shall be retained in the Escrow Account until the Early Termination Security Amount is reached (the "Full Funding").

  • Paragraph 4A Tenant’s Initial Monthly Escrow Payment for Taxes and Other Charges: $8,133.00* Paragraph 7 Tenant’s Initial Monthly Common Area Maintenance Charge : $2,911.58* Paragraph 13B Tenant’s Initial Monthly Insurance Escrow Payment: *Preliminary estimates only.

  • 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.

  • Monthly Escrow Payment The amount included in your total monthly payment.


More Definitions of Monthly Escrow Payment

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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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 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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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 means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • 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.