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

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.

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.

With respect to obligations secured by Collateral at any closed stores, any outstanding balance will be amortized over 48 months with 5% simple interest and payable in 48 equal monthly payments (the amount of a monthly payment being referred to hereinafter as the "Monthly Payment Amount") beginning on the Effective Date.

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.

No partial prepayment of this Note shall change any Due Date or the method of calculation of the Monthly Payment Amount, unless Lender otherwise agrees in writing.


More Definitions of Monthly Payment Amount

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, 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 means the monthly interest accrued on the Loan for the preceding Interest Accrual Period.
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).
Monthly Payment Amount means the monthly payment of interest due on each Scheduled Payment Date as set forth in the Note.
Monthly Payment Amount means, with respect to any Payment Date, an amount equal to all accrued and unpaid interest on the Loan as of the end of the immediately preceding Interest Accrual Period plus, the aggregate amortization payments due and payable under the Notes on such Payment Date in accordance with the amortization schedule attached hereto as Exhibit B.
Monthly Payment Amount means, for any Borrower and any Monthly Payment Date, an amount equal to such Borrower’s Monthly Fixed Amount; provided that in no event shall the Monthly Payment Amount exceed the Debt Service Cap.