Monthly Installment definition

Monthly Installment means such amount as specified in the Schedule or as may be revised from time to time by the Lender, payable by the Borrower/s to the Lender, on a monthly basis, to amortise the Loan with the Interest (as applicable) thereon, during the tenor of the Loan.
Monthly Installment has the meaning set forth in Section 2(a).
Monthly Installment is defined in the Note.

Examples of Monthly Installment in a sentence

  • The Monthly Installments shall be paid in advance, without demand, deduction or set off, on the first (1st) day of each and every calendar month during the Contract Term; provided, however that the first Monthly Installment shall be due fifteen (15) days prior to the Start Date.

  • Tenant will pay the Annual Base Rent by Monthly Installment of Base Rent, to the order of Landlord, in advance, on the first day of each calendar month, at Landlord’s office or any other place that Landlord designates in writing.

  • Any accord, satisfaction, conditions or limitations noted by Resident on any payment of the Monthly Installment, Additional Fees, or other sum due under this Contract shall be null and void.

  • Monthly Installment Amount and Monthly Installment Fee Calculation of the Monthly Installment Fee When you create an installment plan, you will be charged a monthly installment fee.

  • If Landlord consents to the holdover, Tenant is subject to all the covenants of this Lease to the extent they can be applied to a month-to-month tenancy, except that the Monthly Installment of Base Rent for each month of the holdover will be one-hundred twenty-five percent of the Monthly Installment of Base Rent payable during the last month of the Term.


More Definitions of Monthly Installment

Monthly Installment means the monthly payments of interest required to be made by Borrower pursuant to Section 2.2 of this Note.
Monthly Installment means the total minimum payment due payable to the Bank by the Cardmember as set out in the last billing statement issued prior to the occurrence of the Event giving rise to a claim.
Monthly Installment means the amount of monthly payments required to be paid to the Lender which may be either fixed (EMI) or variable as set out in the Schedule and Annexure attached hereto, to amortise the Loan with Interest over the tenure of the Loan.
Monthly Installment means the sum agreed in the Contract as payable by the Region of Local Councils, on behalf of the individual components thereof, to the Contractor each month.
Monthly Installment means the installments payable by the Borrower on a monthly basis to amortize the Loan, of such amount as may be determined by the Bank from time to time under this Agreement and comprises of both principal amount of the Loan and interest thereon. Such Monthly Installments may either be equated or otherwise.
Monthly Installment. Subject to the Free Rent set forth in Paragraph 1 of Exhibit “A”, the Monthly Installment shall be as follows: Months Monthly Installment 1 —12 $2,013.71 13 — 24 $2,074.77 25 — 36 $2,137.13 37 — 39 $2,200.79
Monthly Installment means the “Total Minimum Payment Amountdue and payable by the Cardmember’s to the Bank for only those transactions made by the Cardmember on his Credit Card Facility prior to the occurrence of the relevant Event as is evidenced by the Credit Card Statements of the Cardmember.