Regularly Scheduled Payments definition

Regularly Scheduled Payments. The Issuer shall repay the Note in full on August 31, 2015 (the “Maturity Date”), together with all accrued and unpaid interest thereon and all other obligations arising under this Note that are due and payable at such time.
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Regularly Scheduled Payments means any payments scheduled (at the time such Derivative Agreement is executed) for payment on dates corresponding to interest payment dates with respect to the related Derivative Indebtedness and which are intended to be “interest-like” when the interest on the related Derivative Indebtedness and such payments are viewed together.
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Regularly Scheduled Payments means principal and interest payments on any Debt on the maturity or due date or any scheduled mandatory redemption date, but shall not, in any case, include amounts payable as a result of prepayment or other early payment resulting from a default, an early termination event, or any other similar event or contingency. For the avoidance of doubt, voluntary prepayments, other than in those situations described in the prior sentence, and Basic Loan Payments shall be treated as Regularly Scheduled Payments.
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Examples of Regularly Scheduled Payments in a sentence

  • Interest Only Expiry Date is the date on which your Interest Only Period ends, after which time you will be required to start making Regularly Scheduled Payments of principal and interest.

  • 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.

  • For additional details regarding your Regularly Scheduled Payments, please refer to your Additional Provisions.

  • Interest Only Period refers to the period of time over which you are obligated to make minimum Regularly Scheduled Payments of interest only, and no principal payments are required.

  • If, for any reason, you do not pay the Property Taxes when required, we may require you to pay them as part of your Regularly Scheduled Payments.

  • If you have not met or are not meeting all of your Obligations under the Mortgage, we may apply your Regularly Scheduled Payments and any other funds we receive from you, as we choose, in our sole discretion.

  • If your Mortgage allows the skip-a-payment feature, you can skip up to four of your Regularly Scheduled Payments during the period in which any amount remains outstanding under the Loan.

  • OR For Variable Rate Loans:As your Interest Rate changes over time, your Regularly Scheduled Payments will also change accordingly.

  • If your Loan allows the skip-a-payment feature, you can skip up to four (4) of your Regularly Scheduled Payments during the period in which any amount remains outstanding under the Loan.

  • You promise to pay Compound Interest at the same frequency as the Regularly Scheduled Payments until the outstanding balance of the Mortgage, and any unpaid interest, is paid in full.


More Definitions of Regularly Scheduled Payments

Regularly Scheduled Payments means any payments on a Permitted Swap Agreement scheduled (at the time such Permitted Swap Agreement is executed) for payment on dates related to interest payment dates in respect of the Certificates (or other Debt of the District) and which are intended to be “interest like” when the interest in respect of the Certificates (or other Debt of the District) and such payments are reviewed together.
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Regularly Scheduled Payments means only the following: (i) if the Maturity Date is extended to a date on or after the Fleet Payment Date, and so long as Borrower has timely delivered the No Default Certificate and has not delivered (and has not been obligated to deliver) an Updated Certificate of Default and Borrower is not in Default immediately before or immediately after giving effect to such payment, the Fleet Payment; and (ii) on each February 28, May 29, August 29 and November 29 (or within any applicable cure period) through and including August 29, 2004, and the first day of each calendar month from and after October 1, 2004 (or within any applicable cure period) during the term of the Fleet Agreement, interest on the Fleet Notes. The parties hereby agree that this clarification regarding what payments of Subordinated Indebtedness pursuant to the Fleet Agreement constitute "regularly scheduled payments" is not intended to modify the rights and obligations of Fleet National Bank (and any of its successors and assigns) or any of the other lenders party to the Fleet Agreement and Borrower, or the rights of the Banks and the Agent, pursuant to or arising out of the Subordinated Indebtedness pursuant to the Fleet Agreement; provided that nothing herein shall be construed to be a consent by the Banks (in their capacity as Banks under this Agreement) and the Agent to any payment of any Subordinated Indebtedness that is prohibited by this Agreement.
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Regularly Scheduled Payments means any payments of the City pursuant to a Derivative Product, which are not Non-Scheduled Payments and are scheduled (at the time such Derivative Product is executed) for payment on Obligation Payment Dates related to interest payment dates for the Series 2016 Obligations and which are intended to be “interest-like” when the interest on the Series 2016 Obligations and such payments are viewed together.
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Related to Regularly Scheduled Payments

  • Scheduled Payments means, as to each Insured Distribution Date, payments which are required to be made to Holders in accordance with the original terms of the Obligations when issued and without regard to any subsequent amendment or modification of the Obligations or of the Indenture except amendments or modifications to which Financial Security has given its prior written consent, which payments are (i) the Noteholders' Interest Distributable Amount with respect to the related Distribution Date, (ii) the Noteholders' Remaining Parity Deficit Amount with respect to the related Distribution Date and (iii) with respect to the Final Scheduled Distribution Date for any class of Obligations, the outstanding principal amount of such class on such Final Scheduled Distribution Date, after taking into account reductions on such Date of such outstanding principal amount from all sources other than this Policy. Scheduled Payments do not include payments which become due on an accelerated basis as a result of (a) a default by the Obligor, (b) an election by the Obligor to pay principal on an accelerated basis, (c) the occurrence of an Event of Default under the Indenture or (d) any other cause, unless Financial Security elects, in its sole discretion, to pay in whole or in part such principal due upon acceleration, together with any accrued interest to the date of acceleration. In the event Financial Security does not so elect, this Policy will continue to guarantee payment on the Obligations in accordance with their original terms. Scheduled Payments shall not include (x) any portion of a Noteholders' Interest Distributable Amount due to Holders because the appropriate notice and certificate for payment in proper form as required by paragraph 2 hereof was not timely Received by Financial Security, (y) any portion of a Noteholders' Interest Distributable Amount due to Holders representing interest on any Noteholders' Interest Carryover Amount accrued from and including the date of payment of the amount of such Noteholders' Interest Carryover Amount pursuant hereto or (z) any Note Prepayment Amounts, unless Financial Security elects, in its sole discretion, to pay such amount in whole or in part. Scheduled Payments shall not include any amounts due in respect of the Obligations attributable to any increase in interest rate, penalty or other sum payable by the Obligor by reason of any default or event of default in respect of the Obligations, or by reason of any deterioration of the credit worthiness of the Obligor, nor shall Scheduled Payments include, nor shall coverage be provided under this Policy in respect of, any taxes, withholding or other charge with respect to any Holder imposed by any governmental authority due in connection with the payment of any Scheduled Payment to a Holder.

  • Scheduled Payment The scheduled monthly payment on a Mortgage Loan due on any Due Date allocable to principal and/or interest on such Mortgage Loan which, unless otherwise specified herein, shall give effect to any related Debt Service Reduction and any Deficient Valuation that affects the amount of the monthly payment due on such Mortgage Loan.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Unscheduled Payments means (a) all Loss Proceeds that Borrower has elected or is required to apply to the repayment of the Debt pursuant to this Security Instrument, the Note or any other Loan Documents, (b) any funds representing a voluntary or involuntary principal prepayment other than scheduled Principal Payments and (c) any Net Proceeds.

  • Remaining Scheduled Payments means, with respect to the Called Principal of any Note, all payments of such Called Principal and interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due date, provided that if such Settlement Date is not a date on which interest payments are due to be made under the terms of the Notes, then the amount of the next succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement Date and required to be paid on such Settlement Date pursuant to Section 8.2 or 12.1.

  • Overdue Scheduled Payment means any Scheduled Payment which is not in fact received by the Subordination Agent within five days after the Scheduled Payment Date relating thereto.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Scheduled Principal Payments means, with respect to any Series, Class of any Series of Notes, or Subclass or Tranche thereof, any payments scheduled to be made pursuant to the applicable Series Supplement that reduce the amount of principal Outstanding with respect to such Series, Class, Subclass or Tranche on a periodic basis that are identified as “Scheduled Principal Payments” in the applicable Series Supplement.

  • Class A-4 Final Scheduled Payment Date means July 15, 2031.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Scheduled Principal Payment Date means April 15, 2008.

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Scheduled Principal Payment means the scheduled payment of principal due on the Mortgage Loan on a Monthly Payment Date.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Balloon Payments means with respect to any loan constituting Indebtedness, any required principal payment of such loan which is payable at the maturity of such Indebtedness, provided, however, that the final payment of a fully amortized loan shall not constitute a Balloon Payment.

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

  • Scheduled Final Payment Date means, with respect to the Storm Recovery Bonds, the date with respect to each tranche when all interest and principal is scheduled to be paid in accordance with the Expected Sinking Fund Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date shall be the last Scheduled Payment Date set forth in the Expected Sinking Fund Schedule. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Storm Recovery Bonds.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.