Monthly Payment Date definition

Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).
Monthly Payment Date shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.
Monthly Payment Date means the first day of each calendar month.

Examples of Monthly Payment Date in a sentence

  • Borrower shall make a payment to Lender of interest in the amount of the Monthly Debt Service Payment Amount on the First Monthly Payment Date and on each Monthly Payment Date occurring thereafter to and including the Maturity Date.

  • Upon the cure of the applicable Trigger Period and provided that no other Trigger Period shall then exist, amounts in the Replacement Reserve Account shall be disbursed to the Restricted Account on the next Monthly Payment Date.

  • Upon the cure of the applicable Trigger Period and provided that no other Trigger Period shall then exist, amounts in the Ground Lease Reserve Funds shall be disbursed to the Restricted Account on the next Monthly Payment Date.

  • The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Accrual Period ending immediately prior to such Monthly Payment Date.

  • Upon the cure of a Trigger Period and provided that no other Trigger Period shall not then exist, amounts in the Tax Account and the Insurance Account shall be released to Borrower on the next Monthly Payment Date.


More Definitions of Monthly Payment Date

Monthly Payment Date means the last Business Day of each calendar month.
Monthly Payment Date means the First Monthly Payment Date and the ninth (9th) day of every calendar month occurring thereafter during the term of the Loan.
Monthly Payment Date has the meaning set forth in Section 9.3.
Monthly Payment Date means the sixth (6th) day of every calendar month occurring during the Term.
Monthly Payment Date means in relation to a Loan, the date in each month on which the relevant Borrower is required to make a payment of interest and, if applicable, principal for that Loan, as required by the applicable Mortgage Conditions;
Monthly Payment Date means the tenth (10th) day of each calendar month beginning with September 2020; provided that if such day is not a Business Day, the next succeeding Business Day.
Monthly Payment Date means the last Banking Day of each calendar month.