Loan Instalment definition

Loan Instalment means any obligation of a Debtor under a Loan Contract to pay principal, interest, fees, costs, prepayment penalties (if any), and default interest owed under any relevant Loan Contract or any Related Collateral relating thereto;

Loan Instalment means, in relation to a Mortgage, each payment (whether of principal, interest or both) due to be made in respect of that Mortgage on a periodic or regular basis.

Loan Instalment has the meaning given to that term in Clause 7.1;

Examples of Loan Instalment in a sentence

• Such records shall describe the entity's activities in monitoring delinquent loans including, for example, phone calls, letters and Loan Instalment rescheduling plans in cases where the delinquency is deemed temporary (eg illness or unemployment).

• If the last Friday of the month happens to be a holiday, the preceding working day shall normally be the payday.Payments of Total Monthly Compensation shall be made net of all statutory and other deductions, such as Provident Fund, Income Tax (TDS), Loan Instalment, etc., as per legal and other requirements in force.

• Conditions for disbursement of the Loan/ Instalment of the Loan: Legal scrutiny report of the property to be received and to be positive Subject to legal and technical clearance Report.

• Loan Instalment Care is based on 35% per annum (2017: 35%).Surrender volume and values: Loan Plus surrender volumes are based on a sliding scale which is modelled from actual experience adjusted for expected future experience.

• Name/Description of the Product Consumer Loan Term (Repayment Period) of the Loan Amount of the Loan (TL) Loan Instalment Amount (TL) Total Repayment Amount (TL) BITT Rate (%) Banking and Insurance Transactions Tax; shall be charged at the rate of 10% based on cost, fee, and interest amounts within the scope of the taxes and funds paid to the State.

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• Name/Description of the Product Consumer Loan Term (Repayment Period) of the Loan Amount of the Loan (TL) Loan Instalment Amount (TL) Total Repayment Amount (TL) BITT Rate (%) Banking and Insurance Transactions Tax; shall be charged at the rate of 5% based on cost, fee, and interest amounts within the scope of the taxes and funds paid to the State.

• Also enter below the alert amount of your choice)Amount (minimum cut off Rs.1000)Account balance falls below Remittance equal to or above Remittance of specific amount Cheque Book Issue Notification Loan Instalment NotificationRs. Rs. Rs. Account balance goes above Withdrawal equal to or above Withdrawal of specific amount Deposit Maturity NotificatonRs. Rs. Rs.

• The First Instalment shall be payable to the Seller at Completion and the Second Instalment and the Second Loan Instalment shall be payable no later than the Second Instalment Payment Date.

• The loan is to be repaid as per the Loan Instalment Schedule as mentioned hereinabove.

More Definitions of Loan Instalment

Loan Instalment means any obligation of a Debtor under an Auto Loan Contract to make a scheduled payment of principal (including, without limitation, in respect of any Auto Loan Contract which is a Balloon Loan, any Balloon Amount), interest, arrears, fees or costs under any relevant Auto Loan Contract or any Related Collateral relating to any of the foregoing;

Loan Instalment means, with respect to each Loan Agreement, from which the Receivables are originated, the amount corresponding to the total amount due on a monthly basis by the relevant Debtor.

Loan Instalment. : shall mean the monthly loan instalment due to Bayport in terms of the Credit Agreement, excluding any instalments which are in arrears and any interest due in relation to such instalments which is due for payment prior to the date upon which a Claim becomes payable under the Policy.