Curtailment. Any Principal Prepayment made by a Mortgagor which is not a Principal 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.
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.
Examples of Curtailment in a sentence
City will reasonably endeavor to sell water to Purchasers at an equivalent level as is provided to City Customers, subject to Section 4, Curtailment.
Purchasers may do this through implementation of measures contained in the Curtailment Plan.
City and Purchasers will then coordinate and implement action under the City’s Curtailment Plan.
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. 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. “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”;
Curtailment. Any partial prepayment on any Mortgage Loan.
Curtailment. With respect to a Mortgage Loan, any payment of principal received in advance of its Monthly Payment and which is not accompanied by an amount as to interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.
Curtailment means, with respect to a Loan, any payment of principal received by the Issuer during a Collection Period as part of a payment allocable to a Loan that is in excess of the principal portion of the Scheduled Payment due for such Collection Period and which is not intended to satisfy the Loan in full, nor is intended to cure a delinquency including any accelerated amortization due to structural features of the related Loan.