Next Payment definition

Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Next Payment means, in respect of each Next Payment Date, the Base Currency Equivalent of any payments due to be made by Party A under Section 2(a) (after taking account of any applicable netting under Section 2(c)) on such Next Payment Date.

Next Payment means, in respect of each Next Payment Date, an amount (never less than zero) equal to the excess of the aggregate amount of any payments due to be made by Cap Provider under Section 2(a) of the CSA Form on such Next Payment Date over the aggregate amount of any payments due to be made by Counterparty under Section 2(a) of the CSA Form on such Next Payment Date (any such payments determined based on rates prevailing the date of determination).

Examples of Next Payment in a sentence

• Next Payment Adjustment Date Next Payment Adjustment Date Next Rate Adjustment Date Next Rate Adjustment Date Occupancy Status Occupancy Status Occupancy Status Date The date the occupancy status reported was determined.

• The first renewal of this Rental Agreement is the date stated in the Terms and Conditions section as Next Payment Due 1st of.

• Next Payment Date means each date on which the next scheduled payment under any Transaction (other than the Transaction constituted by this Annex) is due to be paid.

• The inventory listing must include: Account Number, Name, Date of Loan, Loan Type, Amortization Method, Frequency of Payment, interest Rate, Original Amount Financed, Current Balance, Original Term, Remaining Term, Monthly Payment, Last Payment Date, Maturity Date, Next Payment Date, Appraised Value, Loan to Value, and Debt Service Coverage Ratio.

• Reconciliation from Next Payment: For the calendar quarter ended June 30, 2026 and the corresponding payment to be made on July 31, 2026, there is $[***] paid to the Escrow Account and it is all (for sake of simplicity) payments under Section 2.13 of the Sale Agreement and Section 5.a of the Marketing Agreement.

More Definitions of Next Payment

Next Payment means, in respect of each Next Payment Date, the greater of:

Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by the Pledgor pursuant to Section 2(a) on such Next Payment Date less any payments due to be made by the Secured Party under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero. "NEXT PAYMENT DATE" means the next scheduled payment date under any Transaction.

Next Payment means the net amount due from the Transferee on the immediately following payment date.

Next Payment means the net payment due from Party A to Party B on the next payment date for the relevant Transaction, and

Next Payment means, in respect of each Next Payment Date, the greater of (i) the aggregate amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less the aggregate amount of any payments due to be made by Party B under Section 2(a) on such Next Payment Date (any such payments determined based on rates prevailing the date of determination) and (ii) zero. "Next Payment Date" means each date on which the next scheduled payment under any Transaction is due to be paid. "Replacement Transaction" for the purposes of this Annex, means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that would have the effect of preserving for the Secured Party the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that date, without assuming that the terms of such transaction or group of transactions are materially less beneficial for Party B than the terms of the Terminated Transaction or group of Terminated Transactions.

Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero. 5 Confirm that ISDA only covers collateralizable transactions. 6 If weekly valuation used, use 60. 7 If weekly valuation used, use 0.09. 8 If Moody’s Second Trigger Credit Support Amount for a fixed schedule swap is calculated using DV01. 9 If Moody’s Second Trigger Credit Support Amount for a fixed schedule swap is calculated without using DV01. 10 If weekly valuation used, use 75. 11 If weekly valuation used, use 0.11. 12 If Moody’s Second Trigger Credit Support Amount for a Transaction-Specific Hedge is calculated using DV01. 13 If Moody’s Second Trigger Credit Support Amount for a Transaction-Specific Hedge is calculated without using DV01.

Next Payment means the net amount due from the Transferee on the immediately following payment date.