Scheduled Payment Amount definition

Scheduled Payment Amount means the annual blended payments of principal and interest as set out in Schedule A attached hereto for each respective Payment Date.
Scheduled Payment Amount means (a) as of any Distribution Date, the sum of (i) the Servicing Fee for such Distribution Date (including any accrued and unpaid Servicing Fees with respect to one or more prior Collection Periods), (ii) any accrued and unpaid fees of the Indenture Trustee, the Owner Trustee and the Trust Agent for such Distribution Date, in each case to the extent such fees have not been previously paid by the Servicer or the Administrator, (iii) the Note Interest Distributable Amount for each Class of Notes for such Distribution Date, and (iv) if such Distribution Date is the Note Final Scheduled Distribution Date for a Class of Notes, the Note Principal Distributable Amount for such Class of Notes, to the extent of the outstanding principal amount of such Class of Notes immediately prior to such Distribution Date; provided, however, that, in each case, the Scheduled Payment Amount shall be determined in accordance with the original terms of the Notes when issued and without regard to any subsequent amendment or modification of the Notes that has not been consented to in writing by the Insurer.
Scheduled Payment Amount as of any Payment Date, the amount due on the Notes pursuant to Section 2.6, as adjusted pursuant to Section 2.7. As of the Effective Date, each Scheduled Payment Amount is $1,384,000,000.

Examples of Scheduled Payment Amount in a sentence

  • Monthly Scheduled Payment Amount: The monthly payment amount scheduled to be made to the borrower as of the reporting cut-off date, including, if applicable, the amount that will be withheld from borrower’s monthly payment for property charges.

  • The Promisor shall make payment of any Scheduled Payment Amount in cash or immediately available funds.

  • The Rules Committee believes there needs to be specific rules for them to follow, and is requesting Council’s input on rules governing said Ad Hoc Committees.

  • The Promisor shall pay to the Holder the applicable Scheduled Payment Amount on each Payment Date.

  • The amount, if any, by which the interest accrued as of a Payment Date exceeds the Scheduled Payment Amount due on such Payment Date, shall be capitalized and added to the Principal Sum as set out in Schedule B.


More Definitions of Scheduled Payment Amount

Scheduled Payment Amount means (a) as of any Distribution Date, the sum of (i) the Servicing Fee for such Distribution Date (including any accrued and unpaid Servicing Fees with respect to one or more prior Collection Periods), (ii) any accrued and unpaid fees of the Indenture Trustee, the Owner Trustee and the Trust Agent for such Distribution Date, in each case to the extent such fees have not been previously paid by the Servicer or the Administrator, (iii) the Note Interest Distributable Amount for each Class of Notes for such Distribution Date, (iv) the Note Parity Deficit Amount, if any, for such Distribution Date and (v) if such Distribution Date is the Note Final Scheduled Distribution Date for a Class of Notes, the Note Principal Distributable Amount for such Class of Notes, to the extent of the outstanding principal amount of such Class of Notes immediately prior to such Distribution Date; provided, however, that, in each case, the Scheduled Payment Amount shall be determined in accordance with the original terms of the Notes when issued and without regard to any subsequent amendment or modification of the Notes that has not been consented to in writing by the Insurer.
Scheduled Payment Amount has the meaning specified in Section 8.1 of the Note Purchase and Participation Agreement.
Scheduled Payment Amount as defined in Schedule 2.2.
Scheduled Payment Amount means the annual payments of principal as set out in Schedule A attached hereto for each respective Payment Date.
Scheduled Payment Amount means the aggregate of the following in respect of:
Scheduled Payment Amount has the meaning assigned to such term in Section 2.01 of Schedule 2.02 hereto.
Scheduled Payment Amount means for each Settlement Period, an amount equal to $933,609.