Payoff Amount means with respect to a Receivable as of the close of business on the last day of a Collection Period, the remaining principal balance of such Receivable, plus accrued but unpaid interest thereon, and related fees.
Payoff Amount has the meaning set forth in Section 6.15.
Payoff Amount. As defined in the Property Management Agreement.
Examples of Payoff Amount in a sentence
It was a special time to thank them both for a good year under their leadership and to enjoy each other’s company.
The Prepayment Amount is the sum of the Payoff Amount and the Administrative Fee.
In the event that the actual pay-off amount on the trade-in vehicle is more than the ''Payoff Amount'' information indicated on Page 1 of this Buyer's Order, Buyer will pay Dealer the difference within three business days of Buyer's notification.
In the event that the actual pay-off amount on the trade-in vehicle is less than the ''Payoff Amount'' information indicated on Page 1 of this Buyer's Order, Dealer will credit Buyer the difference.
In no event shall Borrower be obligated to pay to Lender more than the Payoff Amount on account of the Loan.
More Definitions of Payoff Amount
Payoff Amount has the meaning specified in Section 2.4(a)(v).
Payoff Amount means the sum necessary to satisfy a secured obligation, as set forth in a payoff statement by the secured creditor.
Payoff Amount has the meaning set forth in Section 1.7(b).
Payoff Amount shall have the meaning set forth in Section 6.5.
Payoff Amount is defined in Section 6.11.
Payoff Amount. With respect to any Released Loan or Released Property, an amount equal to the Collateral Value of such Released Loan or Released Property, plus any unpaid Monthly Loan Payments or Monthly Lease Payments, as applicable, and any unreimbursed Advances, Emergency Property Expenses, Liquidation Fees, Workout Fees, Special Servicing Fees, Issuer Expenses, Back-Up Fees, Extraordinary Expenses (and any fees and expenses incurred in connection with such release) (in each case, plus interest thereon as applicable), in each case related to such Released Loan or Released Property or the related Lease.
Payoff Amount has the meaning set forth in Section 3.01(e) below.