Periodic Payment definition

Periodic Payment means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3.
Periodic Payment means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument.
Periodic Payment shall have the meaning assigned to such term or such analogous in the Servicing Agreement.

Examples of Periodic Payment in a sentence

  • MOSSCO’s liability to make each Periodic Payment to the Claimant or Successor Payee designated to receive such payment shall be discharged automatically at such time as a corresponding payment is made to such Claimant or Successor Payee by United.


More Definitions of Periodic Payment

Periodic Payment shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.
Periodic Payment means the regularly scheduled amount due for principal and interest under the Note.
Periodic Payment. With respect to any Mortgage Loan or Companion Loan as of any Due Date, the scheduled payment of principal and/or interest on such Mortgage Loan or Companion Loan (exclusive of Additional Interest), including any Balloon Payment, that is actually payable by the related Mortgagor from time to time under the terms of the related Mortgage Note (as such terms may be changed or modified in connection with a bankruptcy or similar proceeding involving the related Mortgagor or by reason of a modification, waiver or amendment granted or agreed to by the Special Servicer pursuant to Section 3.20).
Periodic Payment has the meaning specified in Section 5(b).
Periodic Payment means the amount of each payment, if any, set out or referred to in item 5(g) of the Mortgage Form;
Periodic Payment means any payment made to the financer at regular intervals.
Periodic Payment. With respect to any Mortgage Loan or the related Companion Loan, the scheduled monthly payment of principal and/or interest on such Mortgage Loan or Companion Loan, including any Balloon Payment, that is payable (as the terms of the applicable Mortgage Loan or Companion Loan may be changed or modified in connection with a bankruptcy or similar proceedings involving the related Mortgagor or by reason of a modification, extension, waiver or amendment granted or agreed to pursuant to the terms hereof) by a Mortgagor from time to time under the related Mortgage Note and applicable law, without regard to any acceleration of principal of such Mortgage Loan or Companion Loan by reason of default thereunder.