Lessee Partial Monthly Payment definition

Lessee Partial Monthly Payment means, in connection with the payment by a Lessee of less than 100% of the Monthly Payment due with respect to a 20[•]-[•] Lease, the actual amount paid by the Lessee toward such Monthly Payment.
Lessee Partial Monthly Payment means, in connection with the payment by a Lessee of less than 100% of the Monthly Payment due with respect to a 2019-B Lease, the actual amount paid by the Lessee toward such Monthly Payment.

Related to Lessee Partial Monthly Payment

  • 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.