Monthly Installments definition

Monthly Installments means the eighteen (18) approximately equal installments of principal and interest, each payable on the Monthly Payment Dates, in the amount necessary to fully amortize the Loan after the final payment of the Monthly Installment on the Maturity Date and based on the amount of principal and interest outstanding on the First Payment Date, which principal and interest shall have been reduced by any amounts forgiven that have been reimbursed to Lender by the SBA.

Monthly Installments. Borrower will make an installment payment on the 1th day of each month beginning March 1, 2019.

Monthly Installments has the meaning given to it in Section 2.2(d).

Examples of Monthly Installments in a sentence

• Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term.

• Appropriations: The payments made by cardholders shall be appropriated in the order of EMI (Equated Monthly Installments), taxes, fee and other charges, service charges, cash withdrawal and retail usage.

• If after expiration of the Term, Tenant remains in possession of the Premises with Landlord's permission (express or implied), Tenant shall become a tenant from month to month only, upon all the provisions of this Lease (except as to term and Base Rent), but the "Monthly Installments of Base Rent" payable by Tenant shall be increased to one hundred fifty percent (150%) of the Monthly Installments of Base Rent payable by Tenant at the expiration of the Term.

• The bank will explain to the customer upfront the method of calculation of interest and how the Equated Monthly Installments (EMI) or payments through any other mode of repayment will be appropriated against interest and principal due from the customers.

• The Bank will explain to the customer upfront the method of calculation of interest and how the Equated Monthly Installments (EMI) or payments through any other mode of repayment will be appropriated against interest and principal due from the customers.

More Definitions of Monthly Installments

Monthly Installments. Monthly installments in the amount of $______ (based on a 25 year amortization schedule), (interest only), shall be due on the first day of each month (the "Monthly Payment Date") commencing on the first calendar day of the second month following the Closing Date. Such payments shall be applied first to interest with the remainder, if any, to be applied to principal. Interest will be applied on the basis of a 360-day year and 30-day month. Borrower shall pay at closing interest from and including the Closing Date to the first day of the first calendar month after the Closing Date occurs; interest paid at closing shall be calculated on the basis of a 365-day year and the actual number of days from the Closing Date to the first day of the first calendar month following closing. June 26, 1997 Page 1 141 1.7 Prepayment and Prepayment Fee: The Loan is closed to prepayment (the "Closed Period") until the third anniversary of the first Monthly Payment Date, each such annual period being hereinafter referred to as a "Loan Year". Borrower may prepay the Loan in full, but not in part, on any Monthly Payment Date after the Closed Period provided Borrower gives Lender 60 days' prior written notice and pays a prepayment fee (the "Prepayment Fee") calculated as follows: The greater of (a) 1% of the then-existing balance of the Loan, or (b) Yield Maintenance as defined below. In the event of a prepayment during the Closed Period resulting from a default, acceleration or any other reason, Borrower shall pay the Lender a prepayment fee (the "Default Prepayment Fee") calculated as follows:

Monthly Installments. The term “Monthly Installments”, as used herein, shall mean the then applicable Initial Monthly Installments or Extended Monthly Installments.

Monthly Installments means monthly installment payments calculated in the following manner. Each monthly installment shall be equal to the Participant's Account Balance as of the date of the Participant's Retirement, death, Disability or Termination of Employment, divided by the number of months over which the elected monthly installment payments shall be paid. The Participant's Account Balance remaining after each payment shall be appropriately adjusted to reflect the appreciation or depreciation in value and the net income or loss on the funds which remain in the Deferral Account.

Monthly Installments or “EMIs”, means the amount repaid every month by the Customer to BFL comprising of interest, or as the case may be, principal amount of the Loan and/or interest;

Monthly Installments of principal due plus interest from May 31, 1996 to April 30, 1999

Monthly Installments. For Year 1 (first six months): $ 8,000 For year 1 (next six months): $ 9,000 For Year 2: $ 9,500 For Year 3: $10,000 For Year 4: $10,500 For Year 5: $11,000 For Year 6: $11,500 For Year 7: $12,000 For Year 8: $12,000 + CPI adjustment For Year 9: $12,000 + CPI adjustment For Year 10: $12,000 + CPI adjustment For Year 11: $12,000 + CPI adjustment For Year 12: $12,000 + CPI adjustment For Year 13: $12,000 + CPI adjustment For Year 14: $12,000 + CPI adjustment For Year 15: $12,000 + CPI adjustment Tenant's Tax Share 50% (Article 6): Tenant's Insurance 50% Share (Article 7): Use (Article 7): Restaurant Security Deposit $19,500 cash (Article 22):

Monthly Installments has the meaning given that term in Section 2.2(a).