Monthly Debt Service Payment Amount definition

Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.
Sample 1Sample 2Sample 3
Monthly Debt Service Payment Amount means on each Monthly Payment Date through and including the Maturity Date, an amount equal to the interest accruing on the Outstanding Principal Balance at the Applicable Interest Rate (or at the Default Rate, as applicable) for the immediately preceding Interest Period, which interest shall be calculated in accordance with Section 2.2.
Sample 1Sample 2Sample 3
Monthly Debt Service Payment Amount shall have the meaning set forth in Section 2.3.2 hereof.
Sample 1Sample 2Sample 3

Examples of Monthly Debt Service Payment Amount in a sentence

  • On the Amortization Commencement Date and each Monthly Payment Date thereafter during the Term, Borrower shall make a payment of principal and interest equal to the Monthly Debt Service Payment Amount.

  • The Monthly Debt Service Payment Amount shall be applied first to accrued and unpaid interest and the balance to the Outstanding Principal Balance.

  • The remainder of such Monthly Debt Service Payment Amount shall be applied to the reduction of the unpaid Principal.

  • On March 9, 2015, and each Monthly Payment Date thereafter during the Term, Borrower shall make a payment of principal and interest equal to the Monthly Debt Service Payment Amount, which payment shall be applied in accordance with Article 6.

  • Borrower shall make a payment to Lender of interest in the amount of the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in November, 2014 and on each Monthly Payment Date thereafter to and including the Anticipated Repayment Date.


More Definitions of Monthly Debt Service Payment Amount

Monthly Debt Service Payment Amount means an amount equal to $182,000.00.
Sample 1Sample 2
Monthly Debt Service Payment Amount means the amount of interest and the Scheduled Amortization Payment due and payable on each Payment Date, pursuant to the Note and Section 2.2 hereof.
Sample 1Sample 2Sample 3
Monthly Debt Service Payment Amount shall have the meaning assigned to such term or an analogous term in the Loan Agreement.
Sample 1Sample 2Sample 3
Monthly Debt Service Payment Amount. The monthly payment of interest and principal, if any, required to be made by the Borrower on the Trust Loan in the amount set forth in the Loan Agreement.
Sample 1Sample 2Sample 3
Monthly Debt Service Payment Amount means for the Monthly Payment Date occurring in June, 2013 and for each Monthly Payment Date occurring thereafter, a constant monthly payment of $179,030.74.
Sample 1Sample 2
Monthly Debt Service Payment Amount means an amount equal to the interest which has accrued on the Loan through the end of the Accrual Period ending on the day immediately preceding the related Payment Date.
Sample 1Sample 2Sample 3
Monthly Debt Service Payment Amount means a constant monthly payment of $435,836.00.
Sample 1