Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

Monthly Debt Service Payment Amount means on each Monthly Payment Date through and including the Maturity Date, an amount equal to the interest accruing on the Outstanding Principal Balance at the Applicable Interest Rate (or at the Default Rate, as applicable) for the immediately preceding Interest Period, which interest shall be calculated in accordance with Section 2.2.

Monthly Debt Service Payment Amount shall have the meaning set forth in Section 2.3.2 hereof.

Examples of Monthly Debt Service Payment Amount in a sentence

Borrower shall make a payment to Lender of interest in the amount of the Monthly Debt Service Payment Amount on the First Monthly Payment Date and on each Monthly Payment Date occurring thereafter to and including the Maturity Date.
The Tax and Insurance Escrow Fund and the Monthly Debt Service Payment Amount, shall be added together and shall be paid as an aggregate sum by Borrower to Lender.
The Monthly Debt Service Payment Amount due on any Payment Date shall first be applied to the payment of interest accrued during the preceding Interest Period and the remainder of such Monthly Debt Service Payment Amount shall be applied to the reduction of the unpaid Principal.
The Monthly Debt Service Payment Amount shall be applied first to accrued and unpaid interest and the balance to the Outstanding Principal Balance.
On each Payment Date after the Anticipated Repayment Date up to but not including the Maturity Date, in addition to the Monthly Debt Service Payment Amount, Borrower shall pay to Lender any Excess Cash Flow for the calendar month preceding such Payment Date.

More Definitions of Monthly Debt Service Payment Amount

Monthly Debt Service Payment Amount means the amount of interest and the Scheduled Amortization Payment due and payable on each Payment Date, pursuant to the Note and Section 2.2 hereof.

Monthly Debt Service Payment Amount shall have the meaning assigned to such term or an analogous term in the Loan Agreement.

Monthly Debt Service Payment Amount means a constant monthly payment of $36,320.37.

Monthly Debt Service Payment Amount means a constant monthly payment of $870,384.64.

Monthly Debt Service Payment Amount. The monthly payment of interest and principal, if any, required to be made by the Borrower on the Trust Loan in the amount set forth in the Loan Agreement.

Monthly Debt Service Payment Amount means (a) during the Interest Only Period, a monthly payment of interest only on the Outstanding Principal Balance calculated in accordance with Section 2.2 hereof, and (b) after the Interest Only Period, a constant monthly payment of $176,647.09.

Monthly Debt Service Payment Amount means an amount equal to the interest, computed at the Applicable Interest Rate, due on the outstanding balance of the Loan on any given Monthly Payment Date, plus a monthly amortization payment as set forth on Schedule 3.