Payoff Amount means with respect to a Receivable as of the close of business on the last day of a Collection Period, the remaining principal balance of such Receivable, plus accrued but unpaid interest thereon, and related fees.
Payoff Amount has the meaning set forth in Section 6.15.
Payoff Amount. As defined in the Property Management Agreement.
Examples of Payoff Amount in a sentence
Subject to Parent's compliance with the previous sentence, the Company shall pay the Debt Payoff Amount to the counterparties under the Company Debt as promptly as practicable following the date the Company receives such Debt Payoff Amount, but no sooner than the Effective Time.
More Definitions of Payoff Amount
Payoff Amount means the sum necessary to satisfy a secured obligation, as set forth in a payoff statement by the secured creditor.
Payoff Amount has the meaning set forth in Section 2.3(b)(i).
Payoff Amount has the meaning set forth in Section 1.7(b).
Payoff Amount means the aggregate amount set forth in the Payoff Letters.
Payoff Amount shall have the meaning set forth in Section 5.14(c).
Payoff Amount has the meaning specified in Section 2.4(a)(v).
Payoff Amount is defined in Section 6.11.