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 Monthly Payment Date and the ninth (9th) day of every calendar month occurring thereafter during the term of the Loan.

Examples of Monthly Payment Date in a sentence

  • Any Monthly Payment not made on or before its respective Monthly Payment Date shall entail a late fee at the Default Rate (the “Late Fee”), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.


More Definitions of Monthly Payment Date

Monthly Payment Date means the last day of each calendar month or, if any such day is not a Business Day, the next succeeding Business Day.
Monthly Payment Date means the first (1st) day of each month, provided, that if such day is not a Business Day, the Monthly Payment Date shall be the immediately succeeding Business Day.
Monthly Payment Date means the first day of each calendar month.
Monthly Payment Date means in relation to a Loan, the date in each month on which the relevant Borrower is required to make a payment of interest and, if applicable, principal for that Loan, as required by the applicable Mortgage Conditions;
Monthly Payment Date has the meaning set forth in Section 9.3.
Monthly Payment Date means the last day of each calendar month, or if -------------------- such day is not a Business Day, the next succeeding Business Day.
Monthly Payment Date means the last Banking Day of each calendar month.