Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.
Monthly Payment Amount means the sum of (A) from and including the First Payment Date through the Maturity Date, an amount equal to the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period, plus (B) through and until Floating Rate Tranche B is satisfied, an amount equal to the interest payable under this Note on the portion allocated as Floating Rate Tranche B at the LIBOR-Based Rate pursuant to the provisions of Section 1.2 hereof. Annex 1 is for reference purposes only and any payment incorrectly referenced thereon or omitted therefrom shall not limit or reduce Maker's obligations for actual amounts due under this Note in accordance with its payment terms, and Maker agrees that Payee may substitute a replacement Annex 1 in the event the attached does not accurately reflect Maker's scheduled payment obligations.
Monthly Payment Amount means the monthly payment of interest due on each Scheduled Payment Date as set forth in Section 2.2(b) hereof.
Examples of Monthly Payment Amount in a sentence
From and after the making of any Special Mezzanine Loan Advance, all references in the Loan Documents to any Note that has been repaid shall be of no further force or effect, and, if applicable, the Monthly Payment Amount shall be recalculated to account for such prepayment.
More Definitions of Monthly Payment Amount
Monthly Payment Amount shall have the meaning set forth in the Note.
Monthly Payment Amount means the sum of the Principal Amount and the monthly interest payment calculated by Lender on the sixth (6th) calendar day of each month (or the next succeeding Business Day after such sixth (6th) calendar day if such calendar day is not a Business Day) by Lender based on the Note Rate in effect on such date.
Monthly Payment Amount means the monthly interest accrued on the Loan for the preceding Interest Accrual Period.
Monthly Payment Amount shall have the meaning ascribed in Article 6.3(a) hereof.
Monthly Payment Amount means the monthly payment of interest and principal due on each Scheduled Payment Date as set forth in Section 2.2(b) hereof.
Monthly Payment Amount. Includes: Taxes: □ Yes □ No $ Insurance: □ Yes □ No $ PROPERTY DESCRIPTION AND PROJECT SUMMARY PROPERTY DESCRIPTION PROJECT SUMMARY Project Objective: Scope of Improvements: Property Benefits per Improvement: PROPOSED PACE FINANCING AND ASSESSMENT PACE Financing Amount (est.): Annual PACE Payment (est.): Annual Property Tax Payment (before PACE): Annual Property Tax Payment (after PACE): Current Mortgage Principal Balance ([DATE]): As-Complete Appraised Property Value ([DATE] Appraisal): Maximum XXXX Xxxx to Value (LiTV): Maximum Loan to Value (LTV): PACE Financing Interest Rate Spread: PACE Financing & Amortization Term: Attachment 2 To Mortgage Holder Consent PROGRAM FINANCING AGREEMENT AND RELATED PACE FINANCING DOCUMENTS
Monthly Payment Amount means the sum of the Principal Amount and the monthly interest payment calculated by Lendex xx xhe sixth (6th) calendar day of each month (or the next succeeding Business Day after such sixth (6th) calendar day if such calendar day is not a Business Day) by Lender based on the Note Rate in effect on such date.