Early Payment definition

Early Payment. As to any Asset and any Due Date on which the principal and interest payments on such Asset made with respect to such Due Date (not including any late fees) exceed the sum of the scheduled Monthly Payment for such Asset and Due Date plus any unpaid Monthly Payments for previous Due Dates, if the related Obligor has not sent written notice to the Servicer with such payment asking that the amount by which such payment exceeds the Monthly Payment then due be treated as a Principal Prepayment and the Servicer is unable to determine the Obligor's intended treatment of such excess payment, the Early Payment shall be the amount by which (1) payments of principal and interest on such Asset made with respect to such Due Date exceed (2) the scheduled Monthly Payment for such Asset on such Due Date plus any unpaid Monthly Payments for previous Due Dates, but only to the extent that the amount of such excess is an integral multiple of the amount of the scheduled Monthly Payment for such Due Date. To the extent that the amount of such excess exceeds an integral multiple of such scheduled Monthly Payment, the excess shall be deemed to be a Principal Prepayment of such Asset.

Early Payment means the early payment of estimated future water, wastewater and roads development charges under the Phase 1 and Phase 2 Agreements;

Early Payment. One (1) Business Day preceding each Floating Rate Payer Period End Date.

Examples of Early Payment in a sentence

• Cure for an Early Payment Default is repurchase or indemnification, at the sole discretion of Arc.

• On Loans closed in Seller’s name and sold to Arc, an Early Payment Default (EPD) occurs when any of the first four (4) payments due after purchase of the Loan by Arc becomes ninety (90) or more days delinquent and such delinquency is not attributable to an error in servicing or other material error of Arc or its affiliates.

• Upon receipt of the Early Payment Amount, and the written request of the Owner and payment of the City's then prevailing fee therefor, the City shall execute a consent to the discharge of the Restriction from title to the Property and this Agreement and the obligations of the parties hereunder will terminate.

• The City shall make payments to Contractor at its address for notices within 30 days of receipt of an approved invoice, unless the parties agree to the payment time under the Early Payment Discount in section 4.01.2. All fees due to Contractor under this Agreement shall only be payable from certain Allocated Funds, as provided in Section 4.04.

• At any time the Owner may elect to pay to the City the rate for a single detached dwelling as set out in the By-law and as applicable on the date of issuance of the Building Permit, currently $XXXXX and indexed annually as set out in Section 3(1) of this Agreement, from the date of issuance of the Building Permit to the date of payment, and all other amounts outstanding under this Agreement (the "Early Payment Amount").

More Definitions of Early Payment

Early Payment means a twenty five percent (25%) discount for Early Payment in accordance with Section 5(5)(a) of this By-law that is payable for contraventions of the designated provisions listed in Column A3 and set forth in Schedule “A”;

Early Payment is defined in Section 7.3.

Early Payment. I may prepay my obligation in full at any time prior to the original or any extended maturity and will be charged only for earned Finance Charges.

Early Payment. As to any Asset and any Due Date on which the principal and interest payments on such Asset made with respect to such Due Date (not including any late fees) exceed the sum of the scheduled Monthly Payment for such Asset and Due Date plus any unpaid Monthly Payments for previous Due Dates, if the related Obligor has not sent written notice to the Servicer with such payment asking that the amount by which such payment exceeds the Monthly Payment then due be treated as a Principal Prepayment and the Servicer is unable to determine the Obligor's intended treatment of such excess payment, the Early Payment shall be the amount by which (1) payments of principal and interest on such Asset made with respect to such Due Date exceed (2) the scheduled Monthly Payment for such Asset on such Due Date plus any unpaid Monthly Payments for previous Due Dates.

Early Payment. One (1) Business Day preceding each Floating Amount Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 month Spread: Inapplicable Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period

Early Payment. A payment made on account of the purchase price of a Debt prior to the Payment Account Credit Date.

Early Payment. A discount of 2% is applicable where annual tuition fees are paid in full on or before 30 November (excluding payments made by credit card). Payment is limited to one year of tuition fees in advance.