Amortizing Payment definition

Amortizing Payment means, with respect to each Fixed Value Receivable and each Collection Period prior to the date on which the Fixed Value Payment relating to such Receivable is due, the amount specified in the applicable Contract in the payment schedule as the "Amount of Each Payment", except that in the case of a prepayment, liquidation or repurchase by the Seller or purchase by the Servicer, the Amortizing Payment shall be equal to the aggregate "Amount of Each Payment" that has not yet been paid for the period through and including the last payment prior to the date when the Fixed Value Payment is due less the amount of the unearned finance charges under the related Contract allocable to such amount in accordance with the Servicer's customary procedures.
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Amortizing Payment means (i) all accrued but unpaid interest plus (ii) a principal payment equal to the outstanding principal balance of the Loan as of the last day of the Interest Term divided by thirty-six (36).
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Amortizing Payment means a payment, inclusive of principal and interest, calculated as of the date such Amortizing Payment is due in an amount which would cause the complete amortization of the outstanding principal balance of the Note at the Contract Rate in effect on such date if paid over a term of (i) sixty (60) months minus (ii) the number of months in which Amortizing Payments have been made prior to such date. Payee shall
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Examples of Amortizing Payment in a sentence

  • The first Amortizing Payment will occur at the end of November 2021.

  • When required, each such Additional Payment shall be payable together with the Monthly Amortizing Payment for the given month.

  • The transfer of funds by the Issuer and the Gold Escrow Agent to either the Trustee or the Depository (or its nominee), as applicable, with respect to an Amortizing Payment will satisfy and discharge the liability of the Issuer in respect of such payment to the extent of the amount deposited.

  • Each Amortizing Payment on a Principal Payment Date will be made in respect of the Quarter ending on the applicable Principal Payment Date and will be payable to the Holders of record as of the Record Date.

  • It only describes the hazard characteristics by which a waste is judged hazardous under that subpart.

  • If such proceeds are insufficient to satisfy the applicable Amortizing Payment, then the Issuer shall pay an amount equal to such shortfall to the Trustee or the Depository (or its nominee), as applicable, in accordance with Section 2.17 (the “Shortfall Amount”).

  • In furtherance of the foregoing, Borrower shall deliver to Lender each month together with its Monthly Amortizing Payment a certificate certifying to Lender the amount of Borrower’s Draws during the preceding month.

  • Upon the making of the Cure Payment described in Section 5 of this Agreement, Generation Zero shall pay the remaining unpaid principal plus interest due under the GZ Notes over the following twelve (12) months in twelve equal payments (“Amortizing Payments”), with the first Amortizing Payment due on February 1 following the end of the Forbearance Period described in Section 5 above and subsequent Amortizing Payments due on the 1st of each month thereafter until paid in full.

  • In the case of any partial repurchase of Notes (for greater certainty, other than pursuant to an Amortizing Payment), the principal amount of Notes repurchased shall be proportionately allocated among all remaining scheduled Amortizing Payments set out in Appendix C and shall be allocated to the pro rata reduction of each remaining Amortizing Payment.

  • For example, if the London PM Fix on a quarterly Measurement Date is US$1,890 per ounce (35% over the US$1,400 Floor Price), then for each US$1.00 of principal amount of Note paid, the Holder will receive a total payment of US$1.35, of which US$1.00 is the Amortizing Payment (reduces principal) and US$0.35 is the Gold Premium (does not reduce principal).


More Definitions of Amortizing Payment

Amortizing Payment means spreading a Catch Up Adjustment or other amount owing over more than one billing cycle;
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Amortizing Payment means the amount equal to the quotient resulting from (A) the Deferred Rent Amount, divided by (B) the number of calendar months remaining after the end of the Deferral Period through the end of the Initial Term;
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Amortizing Payment means with respect to each Fixed Value Receivable and each Collection Period prior to the date on which the Fixed Value Payment is due, the amount specified in the applicable Contract in the payment schedule as the "Amount of Each Payment", except that in the case of a prepayment, liquidation or repurchase by the Seller or purchase by the Servicer, the Amortizing Payment shall be equal to the aggregate "Amount of Each Payment" that has not yet been paid for the period through and including the last payment prior to the date when the Fixed Value Payment is due less the amount of the unearned finance charges under the related Contract allocable to such amount in accordance with the Servicer's customary procedures.
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Amortizing Payment means the monthly payment payable pursuant to Paragraph 1(c)(1) above that shall be calculated, as of the last day of the Applicable Period for each Tranche of Term Loans, as the principal amount that would be payable each month on a loan amount equal to the principal amount of such Tranche if such loan were to be repaid in equal monthly installments of principal and interest (calculated at a rate per annum of 7.5%) over a period of 25 years. If Reappraisal Loans are added to a Tranche of Term Loans pursuant to Paragraph 1(a)(4) above, there shall be added to the Amortizing Payment calculated pursuant to the preceding sentence, as of the last day of the Applicable Period when such Reappraisal Loans are made, the principal amount that would be payable each month on a loan amount equal to such Reappraisal Loans if such loan were to be repaid in equal monthly installments of principal and interest (calculated at a rate per annum of 7.5%) over a period of 25 years.
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Related to Amortizing Payment

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Non-Payment Period means, with respect to each series of AMPS, any period commencing on and including the day on which the Corporation shall fail to (i) declare, prior to the close of business on the second Business Day preceding any Dividend Payment Date, for payment on or (to the extent permitted by paragraph 2(c)(i) of these Articles Supplementary) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on shares of AMPS payable on such Dividend Payment Date or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any redemption date for any shares of AMPS called for redemption, the Mandatory Redemption Price per share of such AMPS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Repayment Price means, when used with respect to any Security to be repaid at the option of the Holder, the price at which it is to be repaid by or pursuant to this Indenture.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Price Differential Payment Date means, with respect to a Purchased Mortgage Loan, the 5th day of the month following the related Purchase Date and each succeeding 5th day of the month thereafter; provided, that, with respect to such Purchased Mortgage Loan, the final Price Differential Payment Date shall be the related Repurchase Date; and provided, further, that if any such day is not a Business Day, the Price Differential Payment Date shall be the next succeeding Business Day.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.