Monthly Instalment means a payment payable each month on the Payment Date in an amount calculated in accordance with this Mortgage.

Monthly Instalment means the amount of the contracted monthly instalments (including Smart Instalment, Smart Move, CashXcess, Dial-An- Instalment and other instalment plans available from time to time) over an agreed repayment period that is accepted by the Cardmember.

Monthly Instalment means, in respect of a Mobile Device purchased under an Instalment Plan, an amount (rounded up to the nearest cent) equal to the Purchase Price for that Mobile Device, divided by the relevant Instalment Plan Term. Monthly Payment Date has the meaning given in the Mobile Service Terms. Network has the meaning given in the Mobile Service Terms.

Examples of Monthly Instalment in a sentence

The Parties further agree that the Borrower should have paid at least one Monthly Instalment prior to making part Pre-Payment of the Loan.
At the request of the Borrower, the Lender may accept part Pre-Payment of the Loan provided that the Borrower pays a minimum sum of one Monthly Instalment under the Loan.
Based on the part Pre -Payment made by the Borrower, as stated herein, either the Loan Tenure shall be reduced to the extent of the part Pre-Payment made or the Monthly Instalment amount shall be reduced by maintaining the Loan Tenure with the mutual written consent of the Parties.
The Monthly Instalment Amounts shall be paid by the Student to Milpark monthly in advance into the bank account nominated by Milpark for this purpose, free of deduction, set-off or exchange.
At the request of the Borrower, the Lender may accept the full Pre-Payment of the Outstanding Dues and foreclose the Loan if the Borrower has paid at least one Monthly Instalment.

More Definitions of Monthly Instalment

Monthly Instalment shall comprise of the sum of all contracted monthly instalments (including monthly instalments for Auto Balance Conversion, Zero Interest Instalment Plan (ZIIP), Flexipay, Balance Transfer Plan (BTP) and other instalment plans made available by the Bank from time to time).

Monthly Instalment means any outstanding balance, transaction amount or cash advances that has converted into monthly instalment that needs to be paid in full and forms part of the monthly minimum amount due.

Monthly Instalment means, in respect of a Mobile Device leased from Us, the monthly instalment specified in the relevant Mobile Device Lease Order Form.

Monthly Instalment is the amount which you must pay under this Loan Credit Agreement each Month on the Payment Day, as shown in the “Important Information” section on the front of this Loan Credit Agreement, but subject to change in accordance with the term of Loan Credit Agreement;

Monthly Instalment has the meaning ascribed thereto in Section 2.2(b);

Monthly Instalment means the monthly instalment to be paid by me/us in the amount stated in the Application;