Monthly Payment Plan definition

Monthly Payment Plan. The monthly payment plan is collected through the FACTS program. You may select your payment date through FACTS for either the 5th or 20th of each month. Payments that begin in July 2018 will end in May 2019 for a total of eleven payments. All tuition is due in full to St. Xxxxxxx School by May 20, 2019. Payment plans that start after July will result in higher monthly payments. Please feel free to contact Xxxxxx Xxxxx at (000) 000-0000 with any questions.
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Monthly Payment Plan means your agreed monthly payments as outlined in the pack you received. 1.6. "Fees" means our fees under this agreement in accordance with clause 12.1
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Monthly Payment Plan means your agreed monthly payments as outlined in the pack you received.
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Examples of Monthly Payment Plan in a sentence

  • Under the Average Monthly Payment Plan (AMPP), variations in customer billings are minimized by allowing the customer to pay an average amount each month based on the current month’s billing plus the eleven (11) preceding months, divided by the total billing days associated with those billings to get a per day average.

  • Residential customers using electric service shall have the option of paying bills under the Company’s Average Monthly Payment Plan (AMPP).

  • In addition to paying the actual monthly bill amount, Residential customers using electric service with a satisfactory payment history shall have the option of paying bills under one of the Company's two budget billing plans – the Equal Payment Plan (EPP) or the Average Monthly Payment Plan (AMPP), both of which are described below.

  • Only tuition charges are financed under the Monthly Payment Plan.

  • In the case of a minor adjustment to a Customer’s bill, such as an estimated bill or a Monthly Payment Plan bill, such adjustments do not require back-billing treatment to be applied.

  • Any Regional District Work performed for a Customer greater than $200 will be invoiced separately to the Customer and not be included in the Water Bill Monthly Payment Plan.

  • Qualified customers may, at their request, be billed under the Company's Averaged Monthly Payment Plan.

  • Featuresa) Option to allow customers to do redraw from excess normal payment and partial payment made towards the Monthly Payment Plan.

  • Monthly Payment Plan: I will pay my monthly Room charges by the first day of each month.

  • Monthly Payment Plan: I will pay my monthly Apartment charges by the first day of each month.


More Definitions of Monthly Payment Plan

Monthly Payment Plan means the schedule of Monthly Payments by which You repay your Creditors through Us and pay for our Services. The Monthly Payment Plan is prepared by Us based on the information provided by You, as revised from time to time. “Monthly Payments” means the amount you will make to us each month under the Monthly Payment Plan. You will be notified of the amount at the commencement of the plan.
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Monthly Payment Plan shall have the meaning ascribed thereto in Section 3.3(ii).
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Monthly Payment Plan. Monthly payments of $ , representing the sum of the tuition, is due starting August 1st, 2017 (for September’s tuition), and due each subsequent month, ending in July 1st, 2018.
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Related to Monthly Payment Plan

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • 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.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Assumed Monthly Payment With respect to (a) any Mortgage Loan that is a Balloon Mortgage Loan delinquent in respect of its Balloon Payment beyond the Determination Date immediately following its scheduled maturity date (as such date may be extended in connection with a bankruptcy, insolvency or similar proceeding involving the related Borrower or by reason of a modification, waiver or amendment granted or agreed to by the Master Servicer or the Special Servicer), for that scheduled maturity date and for each subsequent Due Date as of which such Mortgage Loan remains outstanding and part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due with respect to such Mortgage Loan on such Due Date equal to the amount (exclusive of Default Interest and any Post-ARD Additional Interest) that would have been due in respect thereof on such Due Date if such Mortgage Loan had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule (if any), in effect immediately prior to, and without regard to the occurrence of, such maturity date; and (b) any REO Mortgage Loan, for any Due Date as of which the related REO Property (or, in the case of any REO Mortgage Loan that is a successor to any Mortgage Loan in a Loan Combination, any interest in the related REO Property) remains part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Monthly Payment (or, in the case of a Balloon Mortgage Loan described in clause (a) of this definition, the Assumed Monthly Payment) that was due (or deemed due) with respect to the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Monthly Payment Rate means, for any Monthly Period, a fraction (expressed as a percentage), (a) the numerator of which is the Principal Collections during such Monthly Period, and (b) the denominator of which is the Combined Outstanding Principal Balances as of the beginning of such Monthly Period.

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Payment Plan means the schedule of payment prescribed in Schedule C;

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Early Payment Date (k) means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Monthly Progress Report means the report similar in form and content attached hereto as Appendix III.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Additional Special Servicing Compensation As defined in Section 3.11(d).