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

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

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

Monthly Installments. Months 1 through 75: Eight thousand nine hundred forty one dollars and forty two cents ($8,941.42).

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

Monthly Installments. As set forth in Section II, Article 1 Periodic Rent Increase Date: N/A

Monthly Installments of Annual Base Rent. Three Thousand Seven Hundred Forty Eight and 00/100 Dollars ($3,748.00). (Subject to adjustment in Addendum Paragraph 41).

Monthly Installments means the amount payable by the Borrower to the Lender comprising of the interest, or as the case may be, the Loan Amount and/or interest, at intervals as mentioned in the Loan Documents;