Monthly Payment Date definition

Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).
Monthly Payment Date shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.
Monthly Payment Date means the first (1st) day of each calendar month.

Examples of Monthly Payment Date in a sentence

  • Any undisputed amounts not paid by the Monthly Payment Date will be deemed delinquent and will accrue interest at the Interest Rate, such interest to be calculated from and including the Monthly Payment Date to but excluding the date the delinquent amount is paid in full.

  • The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

  • If the Monthly Payment Date is not a Business Day, then such invoice or payment shall be provided on the next following Business Day.

  • The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period in which such Monthly Payment Date occurs.

  • Borrower shall pay to Lender on each Monthly Payment Date the interest accrued or to be accrued on the Loan for the related Interest Period.


More Definitions of Monthly Payment Date

Monthly Payment Date means the First Monthly Payment Date and the ninth (9th) day of every calendar month occurring thereafter during the term of the Loan.
Monthly Payment Date means the last Business Day of each calendar month.
Monthly Payment Date means the last day of each calendar month or, if such day is not a Business Day, the immediately preceding Business Day.
Monthly Payment Date has the meaning set forth in Section 9.3.
Monthly Payment Date means the first day of each calendar month.
Monthly Payment Date means the sixth (6th) day of every calendar month occurring during the Term.
Monthly Payment Date means the last Banking Day of each calendar month.