{"component": "definition", "props": {"groups": [{"samples": [{"hash": "cpFqfDx4lqJ", "uri": "/contracts/cpFqfDx4lqJ#payment-differential", "label": "Promissory Note (Industrial Income Trust Inc.)", "score": 21.0041067762, "published": true}, {"hash": "aVZB0WYcPJM", "uri": "/contracts/aVZB0WYcPJM#payment-differential", "label": "Promissory Note (Lightstone Value Plus Real Estate Investment Trust, Inc.)", "score": 19.3750855578, "published": true}, {"hash": "9lHkN0uyImS", "uri": "/contracts/9lHkN0uyImS#payment-differential", "label": "Promissory Note (NNN Healthcare/Office REIT, Inc.)", "score": 19.0, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [16, 24]}, {"key": "note-rate", "type": "definition", "offset": [33, 42]}, {"key": "reinvestment-yield", "type": "definition", "offset": [52, 70]}, {"key": "divided-by", "type": "clause", "offset": [72, 82]}, {"key": "principal-sum", "type": "definition", "offset": [128, 141]}, {"key": "this-note", "type": "clause", "offset": [160, 169]}, {"key": "application-of-the", "type": "clause", "offset": [176, 194]}, {"key": "payment-due", "type": "definition", "offset": [212, 223]}, {"key": "date-of", "type": "clause", "offset": [247, 254]}, {"key": "provided-that", "type": "clause", "offset": [272, 285]}, {"key": "the-payment", "type": "clause", "offset": [286, 297]}, {"key": "in-no-event", "type": "clause", "offset": [317, 328]}, {"key": "the-term", "type": "definition", "offset": [348, 356]}, {"key": "lesser-of", "type": "definition", "offset": [412, 421]}, {"key": "the-yield", "type": "clause", "offset": [426, 435]}, {"key": "the-us", "type": "clause", "offset": [439, 446]}, {"key": "treasury-issue", "type": "definition", "offset": [448, 462]}, {"key": "a-maturity-date", "type": "definition", "offset": [484, 499]}, {"key": "remaining-average-life", "type": "definition", "offset": [616, 638]}, {"key": "the-indebtedness", "type": "clause", "offset": [642, 658]}, {"key": "based-on", "type": "clause", "offset": [710, 718]}, {"key": "bid-price", "type": "clause", "offset": [723, 732]}, {"key": "the-wall-street-journal", "type": "clause", "offset": [764, 787]}, {"key": "prior-to-the", "type": "clause", "offset": [827, 839]}, {"key": "in-the-event", "type": "clause", "offset": [1036, 1048]}, {"key": "prepayment-fee", "type": "definition", "offset": [1058, 1072]}, {"key": "borrower-a", "type": "definition", "offset": [1115, 1125]}, {"key": "determination-of-the", "type": "clause", "offset": [1165, 1185]}, {"key": "in-good-faith", "type": "clause", "offset": [1239, 1252]}, {"key": "borrower-shall", "type": "clause", "offset": [1290, 1304]}, {"key": "right-to-challenge", "type": "clause", "offset": [1318, 1336]}, {"key": "calculation-set", "type": "definition", "offset": [1370, 1385]}, {"key": "manifest-error", "type": "clause", "offset": [1432, 1446]}, {"key": "by-lender", "type": "definition", "offset": [1478, 1487]}, {"key": "day-period", "type": "clause", "offset": [1523, 1533]}, {"key": "principal-balance", "type": "definition", "offset": [1655, 1672]}], "snippet": "means an amount equal to (i) the Note Rate less the Reinvestment Yield, divided by (ii) twelve (12) and multiplied by (iii) the principal sum outstanding under this Note after application of the constant monthly payment due under this Note on the date of such prepayment, provided that the Payment Differential shall in no event be less than zero. The term \u201cReinvestment Yield\u201d shall mean an amount equal to the lesser of (i) the yield on the U.S. Treasury issue (primary issue) with a maturity date closest to the Maturity Date, or (ii) the yield on the U.S. Treasury issue (primary issue) with a term equal to the remaining average life of the indebtedness evidenced by this Note, with each such yield being based on the bid price for such issue as published in the Wall Street Journal on the date that is fourteen (14) days prior to the date of such prepayment (or, if such bid price is not published on that date, the next preceding date on which such bid price is so published) and converted to a monthly compounded nominal yield. In the event that any prepayment fee is due hereunder, \u2587\u2587\u2587\u2587\u2587\u2587 shall deliver to Borrower a statement setting forth the amount and determination of the prepayment fee, and, provided that Lender shall have in good faith applied the formula described above, Borrower shall not have the right to challenge the calculation or the method of calculation set forth in any such statement in the absence of manifest error, which calculation may be made by Lender on any day during the fifteen (15) day period preceding the date of such prepayment. Lender shall not be obligated or required to have actually reinvested the prepaid principal balance at the Reinvestment Yield or otherwise as a condition to receiving the prepayment fee.", "size": 35, "hash": "7122781cb36363377c7f8e51b6216f01", "id": 1}, {"samples": [{"hash": "jizw77ejJft", "uri": "/contracts/jizw77ejJft#payment-differential", "label": "Secured Promissory Note (Discovery Investments Inc)", "score": 18.0, "published": true}, {"hash": "hnkktADhes8", "uri": "/contracts/hnkktADhes8#payment-differential", "label": "Secured Promissory Note (Discovery Investments Inc)", "score": 18.0, "published": true}, {"hash": "hlxs6z09VIz", "uri": "/contracts/hlxs6z09VIz#payment-differential", "label": "Secured Promissory Note (Discovery Investments Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [24, 32]}, {"key": "the-interest-rate", "type": "clause", "offset": [37, 54]}, {"key": "reinvestment-yield", "type": "definition", "offset": [65, 83]}, {"key": "divided-by", "type": "clause", "offset": [85, 95]}, {"key": "principal-sum", "type": "definition", "offset": [129, 142]}, {"key": "repayment-date", "type": "definition", "offset": [164, 178]}, {"key": "application-of-the", "type": "clause", "offset": [185, 203]}, {"key": "monthly-payment", "type": "definition", "offset": [204, 219]}, {"key": "date-of", "type": "clause", "offset": [240, 247]}, {"key": "default-repayment", "type": "definition", "offset": [252, 269]}, {"key": "provided-that", "type": "clause", "offset": [271, 284]}, {"key": "the-payment", "type": "clause", "offset": [285, 296]}, {"key": "in-no-event", "type": "clause", "offset": [316, 327]}, {"key": "repayment-proceeds", "type": "definition", "offset": [408, 426]}, {"key": "treasury-obligations", "type": "definition", "offset": [435, 455]}], "snippet": "as used herein shall be equal to (x) the Interest Rate minus the Reinvestment Yield, divided by (y) 12 and multiplied by (z) the principal sum being repaid on such Repayment Date after application of the Monthly Payment (if any) due on the date of the Default Repayment, provided that the Payment Differential shall in no event be less than zero. In no event, however, shall CSFC be required to reinvest any repayment proceeds in U.S. Treasury obligations or otherwise.", "size": 11, "hash": "987a29d95736c957f4ecd1377738ccff", "id": 2}, {"samples": [{"hash": "f8lBiw1ZFYh", "uri": "/contracts/f8lBiw1ZFYh#payment-differential", "label": "Loan Agreement (Moody National REIT I, Inc.)", "score": 25.3668720055, "published": true}, {"hash": "5WtarMbOz70", "uri": "/contracts/5WtarMbOz70#payment-differential", "label": "Loan Agreement (Moody National REIT I, Inc.)", "score": 25.2108145106, "published": true}, {"hash": "fKKyXsxMEKi", "uri": "/contracts/fKKyXsxMEKi#payment-differential", "label": "Loan Agreement (Moody National REIT I, Inc.)", "score": 24.3100616016, "published": true}], "snippet_links": [{"key": "tender-date", "type": "definition", "offset": [17, 28]}, {"key": "equal-to", "type": "definition", "offset": [40, 48]}, {"key": "the-interest-rate", "type": "clause", "offset": [53, 70]}, {"key": "reinvestment-yield", "type": "definition", "offset": [81, 99]}, {"key": "divided-by", "type": "clause", "offset": [124, 134]}, {"key": "outstanding-principal-balance", "type": "definition", "offset": [172, 201]}, {"key": "provided-that", "type": "clause", "offset": [262, 275]}, {"key": "the-payment", "type": "clause", "offset": [276, 287]}, {"key": "in-no-event", "type": "clause", "offset": [307, 318]}], "snippet": "means, as of any Tender Date, an amount equal to (i) the Interest Rate minus the Reinvestment Yield as of such Tender Date, divided by (ii) 12, and multiplied by (iii) the Outstanding Principal Balance (or the portion thereof being prepaid) on such Tender Date, provided that the Payment Differential shall in no event be less than zero.", "size": 9, "hash": "758f77fde52aee78d738577292285401", "id": 3}, {"samples": [{"hash": "ldVAcKepnP3", "uri": "/contracts/ldVAcKepnP3#payment-differential", "label": "Loan Agreement (Courtyard by Marriott Limited Partnership)", "score": 18.0, "published": true}, {"hash": "jcAS0aArPMv", "uri": "/contracts/jcAS0aArPMv#payment-differential", "label": "Mortgage Note (Arden Realty Inc)", "score": 18.0, "published": true}, {"hash": "ftEbzZ61fas", "uri": "/contracts/ftEbzZ61fas#payment-differential", "label": "Loan Agreement (Arden Realty Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [17, 25]}, {"key": "the-base-rate", "type": "definition", "offset": [30, 43]}, {"key": "reinvestment-yield", "type": "definition", "offset": [55, 73]}, {"key": "divided-by", "type": "clause", "offset": [75, 85]}, {"key": "principal-prepayment", "type": "clause", "offset": [134, 154]}], "snippet": "means, an amount equal to (x) the Base Rate, minus the Reinvestment Yield, divided by (y) 12, and multiplied by (z) the amount of the principal prepayment.", "size": 7, "hash": "cff2f035d320efc9540600f14c0afb9e", "id": 4}, {"samples": [{"hash": "cWfWP1Q5jH1", "uri": "/contracts/cWfWP1Q5jH1#payment-differential", "label": "Promissory Note (Industrial Income Trust Inc.)", "score": 22.7522245038, "published": true}, {"hash": "4gSL9WeMFy", "uri": "https://www.sec.gov/Archives/edgar/data/1276130/000110465907091464/a07-32086_1ex10d9.htm", "label": "Promissory Note (Treaty Oak Bancorp Inc)", "score": 9.0, "published": false}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [16, 24]}, {"key": "note-rate", "type": "definition", "offset": [33, 42]}, {"key": "reinvestment-yield", "type": "definition", "offset": [52, 70]}, {"key": "divided-by", "type": "clause", "offset": [72, 82]}, {"key": "principal-sum", "type": "definition", "offset": [128, 141]}, {"key": "this-note", "type": "clause", "offset": [160, 169]}, {"key": "application-of-the", "type": "clause", "offset": [176, 194]}, {"key": "payment-due", "type": "definition", "offset": [212, 223]}, {"key": "date-of", "type": "clause", "offset": [247, 254]}, {"key": "provided-that", "type": "clause", "offset": [272, 285]}, {"key": "the-payment", "type": "clause", "offset": [286, 297]}, {"key": "in-no-event", "type": "clause", "offset": [317, 328]}], "snippet": "means an amount equal to (i) the Note Rate less the Reinvestment Yield, divided by (ii) twelve (12) and multiplied by (iii) the principal sum outstanding under this Note after application of the constant monthly payment due under this Note on the date of such prepayment, provided that the Payment Differential shall in no event be less than zero.", "size": 6, "hash": "19479bdea1b4a00400a3733c0ece810b", "id": 5}, {"samples": [{"hash": "lqh5pWUyvha", "uri": "/contracts/lqh5pWUyvha#payment-differential", "label": "Purchase and Sale Agreement (Alliance Capital Management Holding Lp)", "score": 21.0, "published": true}, {"hash": "9wKQCvfzAe", "uri": "/contracts/9wKQCvfzAe#payment-differential", "label": "Purchase and Sale Agreement (Alliance Capital Management L P)", "score": 21.0, "published": true}, {"hash": "1uojdXl6Eqe", "uri": "/contracts/1uojdXl6Eqe#payment-differential", "label": "Asset Purchase Agreement (Federated Investors Inc /Pa/)", "score": 21.0, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [16, 24]}, {"key": "revenue-earned", "type": "definition", "offset": [62, 76]}, {"key": "with-respect-to", "type": "clause", "offset": [90, 105]}, {"key": "transferred-assets", "type": "definition", "offset": [106, 124]}, {"key": "relating-to", "type": "definition", "offset": [125, 136]}, {"key": "fund-assets", "type": "definition", "offset": [151, 162]}, {"key": "beginning-on-the", "type": "clause", "offset": [210, 226]}, {"key": "first-day", "type": "definition", "offset": [227, 236]}, {"key": "following-the", "type": "definition", "offset": [237, 250]}, {"key": "fifth-anniversary-date", "type": "definition", "offset": [251, 273]}, {"key": "the-final-closing", "type": "clause", "offset": [288, 305]}, {"key": "interim-transfer", "type": "definition", "offset": [342, 358]}, {"key": "the-interim-period", "type": "clause", "offset": [468, 486]}, {"key": "associated-with", "type": "definition", "offset": [538, 553]}, {"key": "interim-payment", "type": "definition", "offset": [673, 688]}], "snippet": "means an amount equal to (a) seventy percent (70%) of the Net Revenue earned by Federated with respect to Transferred Assets relating to Final Closing Fund Assets attributable to Tracked Clients for the period beginning on the first day following the Fifth Anniversary Date and ending on the Final Closing Anniversary Date, plus (b) for each Interim Transfer, seventy percent (70%) of the Net Revenue earned by Federated with respect to Transferred Assets relating to the Interim Period Transferred Assets attributable to Tracked Clients associated with such Interim Transfer for the period beginning on the first day following the Fifth Anniversary Date and ending on the Interim Payment Anniversary Date.", "size": 4, "hash": "cd62b1b3b2d3c5f93fde5bd6e70a3498", "id": 6}, {"samples": [{"hash": "ftEbzZ61fas", "uri": "/contracts/ftEbzZ61fas#payment-differential", "label": "Loan Agreement (Arden Realty Inc)", "score": 18.0, "published": true}, {"hash": "RG87VEIDKY", "uri": "/contracts/RG87VEIDKY#payment-differential", "label": "Loan Agreement (Arden Realty Inc)", "score": 18.0, "published": true}, {"hash": "4Ubd3HoJs9a", "uri": "/contracts/4Ubd3HoJs9a#payment-differential", "label": "Loan Agreement (Arden Realty Inc)", "score": 18.0, "published": true}], "snippet_links": [], "snippet": "has the meaning ascribed to it in SECTION 2.11.1 hereof.", "size": 3, "hash": "3b89116e22355d23510b9105d2f12532", "id": 7}, {"samples": [{"hash": "eQlLbk8xLOf", "uri": "/contracts/eQlLbk8xLOf#payment-differential", "label": "Promissory Note (Developers Diversified Realty Corp)", "score": 18.0, "published": true}, {"hash": "1WIUOCAgwTg", "uri": "/contracts/1WIUOCAgwTg#payment-differential", "label": "Promissory Note (Developers Diversified Realty Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [24, 32]}, {"key": "applicable-interest-rate", "type": "definition", "offset": [41, 65]}, {"key": "reinvestment-yield", "type": "definition", "offset": [76, 94]}, {"key": "divided-by", "type": "clause", "offset": [96, 106]}, {"key": "sum-due", "type": "definition", "offset": [160, 167]}, {"key": "prepayment-date", "type": "clause", "offset": [176, 191]}, {"key": "provided-that", "type": "clause", "offset": [193, 206]}, {"key": "the-payment", "type": "clause", "offset": [207, 218]}, {"key": "in-no-event", "type": "clause", "offset": [238, 249]}, {"key": "prepayment-proceeds", "type": "definition", "offset": [332, 351]}, {"key": "treasury-obligations", "type": "definition", "offset": [360, 380]}, {"key": "basis-of-determination", "type": "clause", "offset": [447, 469]}, {"key": "prepayment-consideration", "type": "clause", "offset": [487, 511]}], "snippet": "as used herein shall be equal to (x) the Applicable Interest Rate minus the Reinvestment Yield, divided by (y) twelve (12), and multiplied by (z) the principal sum due on such Prepayment Date, provided that the Payment Differential shall in no event be less than zero. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. Lender shall notify Borrower of the amount, and the basis of determination, of the required Prepayment Consideration.", "size": 3, "hash": "dd5e64d0d6d2354c168979d7aa4891a7", "id": 8}, {"samples": [{"hash": "5mHHGYL8Erh", "uri": "https://www.sec.gov/Archives/edgar/data/1308711/000144530514005056/ex101chaseparknote.htm", "label": "Promissory Note (Behringer Harvard Opportunity REIT I, Inc.)", "score": 13.8624229979, "published": false}, {"hash": "aHjnB77eNij", "uri": "https://www.sec.gov/Archives/edgar/data/1179351/000114420413018691/v339616_ex10-8.htm", "label": "Promissory Note (Behringer Harvard Short-Term Liquidating Trust)", "score": 12.2388774812, "published": false}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [16, 24]}, {"key": "note-rate", "type": "definition", "offset": [33, 42]}, {"key": "reinvestment-yield", "type": "definition", "offset": [52, 70]}, {"key": "divided-by", "type": "clause", "offset": [72, 82]}, {"key": "principal-sum", "type": "definition", "offset": [119, 132]}, {"key": "this-note", "type": "clause", "offset": [151, 160]}, {"key": "application-of-the", "type": "clause", "offset": [167, 185]}, {"key": "payment-due", "type": "definition", "offset": [203, 214]}, {"key": "date-of", "type": "clause", "offset": [238, 245]}, {"key": "provided-that", "type": "clause", "offset": [263, 276]}, {"key": "the-payment", "type": "clause", "offset": [277, 288]}, {"key": "in-no-event", "type": "clause", "offset": [308, 319]}], "snippet": "means an amount equal to (i) the Note Rate less the Reinvestment Yield, divided by (ii) 12 and multiplied by (iii) the principal sum outstanding under this Note after application of the constant monthly payment due under this Note on the date of such prepayment, provided that the Payment Differential shall in no event be less than zero.", "size": 2, "hash": "90bdd20842ff62781eebde70a520901f", "id": 9}, {"samples": [{"hash": "cE3vASy3x1j", "uri": "/contracts/cE3vASy3x1j#payment-differential", "label": "Mortgage Note (Servico Market Center Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [24, 32]}, {"key": "applicable-interest-rate", "type": "definition", "offset": [41, 65]}, {"key": "reinvestment-yield", "type": "definition", "offset": [76, 94]}, {"key": "divided-by", "type": "clause", "offset": [96, 106]}, {"key": "principal-sum", "type": "definition", "offset": [140, 153]}, {"key": "application-of-the", "type": "clause", "offset": [172, 190]}, {"key": "payment-due", "type": "definition", "offset": [199, 210]}, {"key": "prepayment-date", "type": "clause", "offset": [219, 234]}, {"key": "provided-that", "type": "clause", "offset": [236, 249]}, {"key": "the-payment", "type": "clause", "offset": [250, 261]}, {"key": "in-no-event", "type": "clause", "offset": [281, 292]}], "snippet": "as used herein shall be equal to (x) the Applicable Interest Rate minus the Reinvestment Yield, divided by (y) 12 and multiplied by (z) the Principal Sum outstanding after application of the Monthly Payment due on such Prepayment Date, provided that the Payment Differential shall in no event be less than zero. In no event, however, shall", "size": 2, "hash": "3232870aaaa6075c8e72f4e39927d7cc", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIdcGF5bWVudC1kaWZmZXJlbnRpYWwjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means an amount equal to (i) the Note Rate less the Reinvestment Yield, divided by (ii) twelve (12) and multiplied by (iii) the principal sum outstanding under this Note after application of the constant monthly payment due under this Note on the date of such prepayment, provided that the Payment Differential shall in no event be less than zero. The term \u201cReinvestment Yield\u201d shall mean an amount equal to the lesser of (i) the yield on the U.S. Treasury issue (primary issue) with a maturity date closest to the Maturity Date, or (ii) the yield on the U.S. Treasury issue (primary issue) with a term equal to the remaining average life of the indebtedness evidenced by this Note, with each such yield being based on the bid price for such issue as published in the Wall Street Journal on the date that is fourteen (14) days prior to the date of such prepayment (or, if such bid price is not published on that date, the next preceding date on which such bid price is so published) and converted to a monthly compounded nominal yield. In the event that any prepayment fee is due hereunder, \u2587\u2587\u2587\u2587\u2587\u2587 shall deliver to Borrower a statement setting forth the amount and determination of the prepayment fee, and, provided that Lender shall have in good faith applied the formula described above, Borrower shall not have the right to challenge the calculation or the method of calculation set forth in any such statement in the absence of manifest error, which calculation may be made by Lender on any day during the fifteen (15) day period preceding the date of such prepayment. Lender shall not be obligated or required to have actually reinvested the prepaid principal balance at the Reinvestment Yield or otherwise as a condition to receiving the prepayment fee.", "size": 86, "title": "Payment Differential", "id": "payment-differential", "examples": ["The term \u201c<strong>Payment Differential</strong>\u201d shall mean an amount equal to (i) the Note Rate less the Reinvestment Yield, divided by (ii) twelve (12) and multiplied by (iii) the principal sum outstanding under this Note after application of the constant monthly payment due under this Note on the date of such prepayment, provided that the <strong>Payment Differential</strong> shall in no event be less than zero.", "The term \u201c<strong>Payment Differential</strong>\u201d shall mean an amount equal to (i) the Interest Rate less the Reinvestment Yield, divided by (ii) twelve (12) and multiplied by (iii) the Principal Amount after application of the constant monthly payment due under the Note on the date of such prepayment, provided that the <strong>Payment Differential</strong> shall in no event be less than zero.", "Such credit shall be subject to adjustment pursuant to Section 5.7 and to reflect increases or decreases in the Tax Equivalent <strong>Payment Differential</strong> attributable to Purchaser under Utah law that may result from the outcome of any appeals or challenges against or negotiated settlements with the applicable taxing jurisdictions and bodies.", "If Purchaser is a Utah Municipal Purchaser, it shall be entitled to a credit to reflect the Tax Equivalent <strong>Payment Differential</strong>, if any, attributable to Purchaser under Utah law.", "The regular hourly rate of pay for all employees covered by this Agreement shall be calculated as follows: Hourly Base Wage +Hourly Longevity Pay+Hourly Certificate Pay+Hourly Continuous Employment Beyond 5 Years Pay+College Degree Bonus+Shift <strong>Payment Differential</strong> + CDL certificate if applicable.", "From and after the Transition Date all of IPA\u2019s costs, to the extent not paid or to be paid from the proceeds of Debt Instruments, resulting from or attributable to the ownership, operation and maintenance of and renewals and replacements to the Project, together with any Tax Equivalent <strong>Payment Differential</strong>, all Retirement Costs constituting or payable as Monthly Power Costs, and Debt Service with respect to Renewal Contract Project Indebtedness.", "The term &quot;<strong>Payment Differential</strong>&quot; as used herein shall be equal to (x) the Applicable Interest Rate minus the Reinvestment Yield, divided by (y) 12 and multiplied by (z) the Principal Sum outstanding after application of the Monthly Payment due on such Prepayment Date, provided that the <strong>Payment Differential</strong> shall in no event be less than zero.", "The term &quot;<strong>Payment Differential</strong>&quot; as used herein shall be equal to (x) the Interest Rate minus the Reinvestment Yield, divided by (y) 12 and multiplied by (z) the principal sum being repaid on such Repayment Date after application of the Monthly Payment (if any) due on the date of the Default Repayment, provided that the <strong>Payment Differential</strong> shall in no event be less than zero.", "The &quot;<strong>Payment Differential</strong>&quot; shall be computed on a monthly basis from the date the Loan is prepaid or deemed prepaid until the Maturity Date and shall be equal to the difference between the Reinvestment Payments and the Basic Interest payments to be made by Maker during such period pursuant to Paraeraph 4 below.", "In setting forth the following payment structure, the Parties acknowledge that, on the Effective Date of this Agreement, or at such other time thereafter as may be mutually agreed by the Parties, Contributor is making to New University, in lieu of any obligation to pay or right to receive a Priority <strong>Payment Differential</strong> for the quarterly periods in New University\u2019s Fiscal Years ending June 30, 2019 and June 30, 2020, the Immediate Advance."], "related": [["interest-differential", "Interest Differential", "Interest Differential"], ["price-differential", "Price Differential", "Price Differential"], ["yield-differential", "Yield Differential", "Yield Differential"], ["applicable-monthly-payment", "Applicable Monthly Payment", "Applicable Monthly Payment"], ["make-whole-payment", "Make-Whole Payment", "Make-Whole Payment"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}