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.
Nothing in this Article II shall limit, reduce or otherwise affect Maker's obligations to make payments of the Monthly Payment Amount (including interest on the Note as provided in Section 1.3 hereof) payments to the Impound Account and payments of other amounts due hereunder and under the other Loan Documents, whether or not Rents (as defined in the Security Instrument) are available to make such payments.
Monthly payments, each in the applicable Monthly Payment Amount, shall commence on the First Monthly Payment Amount Due Date and continue on each Due Date thereafter.