Regular Payment definition

Regular Payment means the amount I am required to pay each month under my Retail Installment and Security Agreement, including any additional charges I owe on my loan such as insurance, property taxes, late fees, returned payment fees, and other charges, if appliable. Unless otherwise agreed, my automatic payment will be processed on the next billing cycle. This authorization will remain in effect until my loan is paid off in full, I am notified by Empire Mortgage that they are terminating my automatic payments, or I notify Empire Mortgage that I wish to terminate my authorization. I understand that Empire Mortgage may restrict or terminate my automatic payments if my loan is in default or if I have had two or more returned payments. I acknowledge that I have received a copy of this authorization.
Regular Payment means the payment included in the system of recurrent payments that enable the Company to remove funds from the Bank Account and/or Bank card of the Client. This allows for the Company to achieve a particular result accordance with the Instruction(s) and with the order of the Client.
Regular Payment. – means Direct Debits and credits, and Periodical Payments.

Examples of Regular Payment in a sentence

  • An increase in the ANNUAL PERCENTAGE RATE may increase the amount of your Regular Payment.

  • After the Interest Adjustment Date, you will begin to make Regularly Scheduled Payments, starting on the First Regular Payment Date, and continuing on each subsequent Regularly Scheduled Payment Date thereafter, until the end of the Term.

  • It is the date of your first payment of interest and precedes the date of the First Regular Payment Date.

  • Your "Minimum Payment" will be the Regular Payment, plus any amount past due and all other charges.

  • Your Regular Payment will equal the amount of your accrued FINANCE CHARGES or $25.00, whichever is greater ("First Payment Stream").


More Definitions of Regular Payment

Regular Payment means the amount of each payment or the payments indicated in the Mortgage or other payment approved by you and Equitable for either Fixed Rate Debt or Variable Rate Debt.
Regular Payment means the usual regular payment referred to in the Initial Disclosure Statement, or the regular payment amount shown on any payment arrangement or loan variation entered into thereafter
Regular Payment has the meaning set forth in Section 3.1(b) of this Agreement.
Regular Payment means direct debit arrangements, direct credit arrangements and periodical payments;
Regular Payment means either a recurring payment or an instalment which represents an agreement between a cardholder and a merchant to debit a card at predetermined intervals (e.g. monthly or quarterly) or at intervals as agreed by both parties.
Regular Payment means the payment included in the system of recurrent payments that enable us to remove funds from your Bank Account and/or Bank card. This allows us to achieve a particular result in accordance with the Instruction(s) and with the order of the Client.
Regular Payment when used with respect to a Regular Distribution Date, --------------- means any payment (other than a Special Payment) of interest on or principal and interest on an Equipment Note, due from the Owner Trustee which issued the Equipment Note, which payment represents the payment of a regularly scheduled installment of principal at the stated maturity of such installment of principal on such Equipment Note or, the payment of regularly scheduled interest accrued on such Equipment Note, or both.