Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.
Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.
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.
Monthly Servicing Fee shall have the meaning specified in subsection 3.01.
Total Servicing Fee means the sum of the Basic Servicing Fee and the Supplemental Servicing Fee.