Monthly Payment Amount definition

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.
Monthly Payment Amount means the monthly payment of interest due on each Scheduled Payment Date as set forth in Section 2.2(b) hereof.
Monthly Payment Amount means the sum of (A) from and including the First Payment Date through the Maturity Date, an amount equal to the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period, plus (B) through and until Floating Rate Tranche B is satisfied, an amount equal to the interest payable under this Note on the portion allocated as Floating Rate Tranche B at the LIBOR-Based Rate pursuant to the provisions of Section 1.2 hereof. Annex 1 is for reference purposes only and any payment incorrectly referenced thereon or omitted therefrom shall not limit or reduce Maker's obligations for actual amounts due under this Note in accordance with its payment terms, and Maker agrees that Payee may substitute a replacement Annex 1 in the event the attached does not accurately reflect Maker's scheduled payment obligations.

Examples of Monthly Payment Amount in a sentence

  • If you have given us authorization, we will generate an automatic payment on the payment due date from the specified account for the Minimum Payment Due, the Entire Amount on the Last Statemented Balance, or Fixed Monthly Payment Amount according to your authorization.

  • Thereafter, monthly payments of the Monthly Payment Amount (or such lesser amount as is required to complete the final payment) shall continue until they aggregate 14% of the original cost of the Collateral, whereupon Reorganized RHG or any successor in interest thereto shall become the owner of the Collateral and shall have no obligation to make any further payments.

  • Interest Rate/Loan Term: 0% Fixed, 5 years Monthly Payment Amount: No monthly payments.

  • Borrower acknowledges that the applicable Monthly Payment Amount is determined on an Actual/360 Basis.

  • The “Debt Service Coverage Ratio” shall be calculated by dividing the monthly cash flow for the Property by the Monthly Payment Amount for the corresponding period.


More Definitions of Monthly Payment Amount

Monthly Payment Amount shall have the meaning set forth in the Note.
Monthly Payment Amount means the sum of the Principal Amount and the monthly interest payment calculated by Lender on the sixth (6th) calendar day of each month (or the next succeeding Business Day after such sixth (6th) calendar day if such calendar day is not a Business Day) by Lender based on the Note Rate in effect on such date.
Monthly Payment Amount means the monthly interest accrued on the Loan for the preceding Interest Accrual Period.
Monthly Payment Amount means, for any Payment Date, the amount of accrued interest on the Notes due and payable on such Payment Date in respect of the related Interest Accrual Period at the applicable Note Rate (minus the aggregate of all Yield Maintenance Amounts (if any) for all Series of Notes for the related Payment Date). For the avoidance of doubt, the Monthly Payment Amount shall not include Prepayment Consideration, Post-ARD Additional Interest and Deferred Post-ARD Additional Interest.
Monthly Payment Amount. Includes: Taxes: □ Yes □ No $ Insurance: □ Yes □ No $ PROPERTY DESCRIPTION AND PROJECT SUMMARY PROPERTY DESCRIPTION PROJECT SUMMARY Project Objective: Scope of Improvements: Property Benefits per Improvement: PROPOSED PACE FINANCING AND ASSESSMENT PACE Financing Amount (est.): Annual PACE Payment (est.): Annual Property Tax Payment (before PACE): Annual Property Tax Payment (after PACE): Current Mortgage Principal Balance ([DATE]): As-Complete Appraised Property Value ([DATE] Appraisal): Maximum XXXX Xxxx to Value (LiTV): Maximum Loan to Value (LTV): PACE Financing Interest Rate Spread: PACE Financing & Amortization Term: Attachment 2 To Mortgage Holder Consent PROGRAM FINANCING AGREEMENT AND RELATED PACE FINANCING DOCUMENTS
Monthly Payment Amount shall have the meaning ascribed in Article 6.3(a) hereof.
Monthly Payment Amount means, with respect to the Mortgage Loan as of any Due Date, (i) the scheduled amount of interest or (ii) during an Amortization Period, principal and interest, that is payable by the Borrowers on such Due Date under the terms of the Mortgage Notes (as such terms may be changed or modified in connection with a bankruptcy, insolvency or similar proceeding involving a Borrower or by reason of a modification, waiver or amendment granted or agreed to by the Servicer pursuant to Section 3.20).