Curtailment. Any Principal Prepayment made by a Mortgagor which is not a Principal Prepayment in Full.
Curtailment. Any Principal Prepayment made by a Mortgagor which is not a Prepayment in Full.
Curtailment. Any payment of principal on a Mortgage Loan, made by or on behalf of the related Mortgagor, other than a Scheduled Payment, a prepaid Scheduled Payment or a Payoff, which is applied to reduce the outstanding Stated Principal Balance of the Mortgage Loan.
Examples of Curtailment in a sentence
Seller shall be permitted to reduce deliveries of Product during any period of System Emergency, Buyer Curtailment Period or upon Notice of a Curtailment Order pursuant to the terms of this Agreement, the Interconnection Agreement or applicable tariff.
These rights are separate and distinct from any right of Curtailment of NYISO pursuant to the ISO OATT.
More Definitions of Curtailment
Curtailment. Any payment of principal on a Mortgage Loan, made by or on behalf of the related Mortgagor, other than a Monthly Payment, a Prepaid Monthly Payment or a Payoff, which is applied to reduce the outstanding principal balance of the Mortgage Loan. (Prepayment penalties are not payments of principal and hence Curtailments do not include prepayment penalties.)
Curtailment means a reduction in firm or non-firm transmission service in response to a transfer capability shortage as a result of system reliability conditions.
Curtailment means a reduction in firm or non-firm transmission service in response to a transfer capability shortage as a result of system reliability conditions. Curtailment Service Provider:
Curtailment. With respect to a Mortgage Loan, any payment of principal received during a Due Period as part of a payment that is in excess of the amount of the Monthly Payment due for such Due Period and which is not intended to satisfy the Mortgage Loan in full, nor is intended to cure a delinquency.
Curtailment means inducing retail customers to reduce load during times of peak demand so as to
Curtailment. Any payment of principal on a Loan, made by or on behalf of the related Mortgagor, other than a Monthly Payment, a Prepaid Monthly Payment or a Payoff, which is applied to reduce the outstanding Principal Balance of the Loan.
Curtailment. “Defined Curtailment Compensation”, “Defined Partial Curtailment Compensation”, “Discriminatory Change in Law”, “Eligibility Criteria”, “Foreseeable Change in Law”, “Generation Tax Liability”, “Partial Curtailment”, “QCiL Capital Costs”, “QCiL Capital Savings”, “QCiL Construction Event”, “QCiL Construction Event Costs”, “QCiL Operations Cessation Event”, “Qualifying Curtailment”, “Qualifying Partial Curtailment”, “Qualifying Shutdown Event”, “Required Authorisation” and “Specific Change in Law”;