Examples of Service Payment in a sentence

Borrower shall make a payment to Lender of interest in the amount of the Monthly Debt Service Payment Amount on the First Monthly Payment Date and on each Monthly Payment Date occurring thereafter to and including the Maturity Date.
The Tax and Insurance Escrow Fund and the Monthly Debt Service Payment Amount, shall be added together and shall be paid as an aggregate sum by Borrower to Lender.
The Monthly Debt Service Payment Amount due on any Payment Date shall first be applied to the payment of interest accrued during the preceding Interest Period and the remainder of such Monthly Debt Service Payment Amount shall be applied to the reduction of the unpaid Principal.
Borrowers shall be deemed to have timely made the Required Debt Service Payment pursuant to Section 2.8 regardless of the time Lender makes such transfer as long as sufficient funds are on deposit in the Debt Service Payment Sub-Account at 12:00 noon, New York City time on the applicable Payment Date.
On each Payment Date after the Anticipated Repayment Date up to but not including the Maturity Date, in addition to the Monthly Debt Service Payment Amount, Borrower shall pay to Lender any Excess Cash Flow for the calendar month preceding such Payment Date.

More Definitions of Service Payment

Service Payment means a per diem payment in SAL to cover the resources needed to offer child development and life skills services to a Child in SAL.

Service Payment means a payment to a

Service Payment has the meaning set out in Schedule 8 [Payments];

Service Payment means the sum calculated in accordance with Section 1.1 of Schedule 8 [Payments];

Service Payment means the payment issued by the department to a qualified service provider for the provision of authorized home and community-based services to eligible aged and disabled persons.

Service Payment means the sums paid to Named Plaintiffs Xxxxx Xxxxxxx and Xxxxx Xxxxxxx in recognition of their efforts in obtaining the benefits of the Settlement. The Service Payment to Plaintiff Xxxxx Xxxxxxx shall not exceed Seven Thousand Five Hundred Dollars ($7,500.00). The Service Payment to Plaintiff Xxxxx Xxxxxxx shall not exceed One Thousand Dollars ($1,000.00).