Monthly Repayment definition

Monthly Repayment means a monthly repayment of a Loan as stated in the Repayment Schedule;
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Monthly Repayment means the monthly instalments of principal and interest or, in respect of endowment loans and interest only loans, the monthly instalments of interest payable by the Applicant as specified in the Letter of Approval in each case as varied or recalculated from time to time.
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Monthly Repayment means the monthly repayable instalments as per hire purchase agreement.
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Examples of Monthly Repayment in a sentence

  • We will stop charging interest immediately and you will have to pay the outstanding balance in full in relation to that plan on your next Monthly Repayment Day.

  • The remaining Instalments will be due on the Monthly Repayment Day of each subsequent month.

  • If interest is charged at the same rate on different Repayment Plans, we will apply your Total Monthly Repayment first to the Repayment Plan that has the earliest start date and time.

  • A Continuous Payments Authority (CPA) enables us to securely store and use your debit card details for payment of your Monthly Repayment.

  • A balance in our Client Account that is able to be used in financial transactions, typically distributing your Monthly Repayment to your creditors or making full & final settlements.

  • Interest on the Loan and each part thereof shall be paid on each Monthly Repayment Date in the Contractual Currency in the amounts to be specified in the Repayment Schedule.

  • If you decide to use of this payment method, we will then setup the Direct Debit to collect money on the Monthly Repayment Day from an account of your choice and in your name.

  • We will always calculate your Total Monthly Repayment so that it repays at least the interest, fees and charges that have been applied to your Account since your last Closing Date plus 4.17% of the total amount outstanding on your Account.

  • You will be able to set the Total Monthly Repayment by adjusting the Repayment Plan for each Purchase provided always that you repay the minimum amount set out above.

  • For the avoidance of doubt, so long as an Event of Default has occurred and is continuing or the Company is not in compliance with all of its covenants set forth in this paragraph, the Company shall not be entitled to deliver Common Stock to the Holders under Section 2(g) of the Note and shall make any Monthly Repayment under Section 2(g) of the Note in cash.


More Definitions of Monthly Repayment

Monthly Repayment has the meaning set out in Schedule 11 [Prices and Payment];
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Monthly Repayment means the part of the Monthly Payment that We pay to Creditors on Your behalf.
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Monthly Repayment means the part of the Monthly Contribution to be paid by Us on your behalf to your Creditors.
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Related to Monthly Repayment

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).