Partial Prepayment Amount definition

Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.
Partial Prepayment Amount means the dollar amount required to prepay a portion of the Annual Special Tax obligation on any Assessor's Parcel, determined pursuant to Section H.
Partial Prepayment Amount means, with respect to the Collection Period and a Contract for which the Obligor has requested to make a voluntary partial prepayment and for which no Substitute Contract has been provided, an amount equal to the excess, if any, of (A) the difference between (i) the Discounted Contract Balance of such Contract as of the first day of such Collection Period together with one month of interest thereon at the Discount Rate and (ii) the Discounted Contract Balance of such Contract as of the first day of such Collection Period calculated based on the amount of each Contract Payment payable by the Obligor after giving effect to the reduction of such Contract Payment which will result from such partial prepayment, minus (B) any Contract Payments actually received by the Servicer with respect to the prepaid portion of such Contract for the current Collection Period on or before the date of such partial prepayment.

Examples of Partial Prepayment Amount in a sentence

  • The Partial Prepayment Amount shall be calculated according to the following formula: PP = PE X F.

  • The amount of the Partial Prepayment Amount deposited in applicable redemption fund may be in an amount able to redeem other than a $5,000 increment of Bonds.

  • Partial Prepayment Amount The Partial Prepayment Amount shall be calculated according to the following formula: PP = PG x F The terms above have the following meanings: PP = the Partial Prepayment AmountPG = the Prepayment Amount calculated according to Section GF = the percent by which the owner of the Assessor’s Parcel is partially prepaying the Annual Special Tax obligation3.

  • The Partial Prepayment Amount shall be calculated according to the following formula: PP = PG Η F These terms have the following meanings: PP = the Partial Prepayment AmountPG = the Prepayment Amount calculated according to Section GF = the percent by which the owner of the Assessor=s Parcel is partially prepaying the Annual Special Tax obligation.

  • Within thirty (30) days of receipt of such written notice, the Administrator shall determine the Partial Prepayment Amount of such Assessor's Parcel and shall notify such owner of such Partial Prepayment Amount.


More Definitions of Partial Prepayment Amount

Partial Prepayment Amount has the meaning specified in Section 4.3(3).
Partial Prepayment Amount means a prepayment of a portion of the Special Tax Obligation applicable to a parcel of Taxable Property as set forth in Section 7 below.
Partial Prepayment Amount means the dollar amount required, as of a specified date, to prepay a portion of the Maximum Annual Special Tax obligation of an Assessor’s Parcel, determined pursuant to Section F.
Partial Prepayment Amount means the amount required to prepay a portion of the Special Tax for the Facilities obligation for an Assessor’s Parcel, as described in Section I.
Partial Prepayment Amount means the amount required to prepay a portion of the Special
Partial Prepayment Amount. Exhibit B
Partial Prepayment Amount means the amount prepaid to reduce the Annual Special Tax obligation for an Assessor’s Parcel, as described in Section H.