Monthly Repayment definition

Monthly Repayment means a monthly repayment of a Loan as stated in the Repayment Schedule;
Monthly Repayment means the monthly instalments of principal and interest or, in respect of endowment loans and interest only loans, the monthly instalments of interest payable by the Applicant as specified in the Letter of Approval in each case as varied or recalculated from time to time.
Monthly Repayment means the monthly repayable instalments as per hire purchase agreement.

Examples of Monthly Repayment in a sentence

  • The Monthly Repayment Obligation shall be applied whenever the former RMR Generator or former Interim Service Provider or Generator that returns from an ICAP Ineligible Forced Outage is participating in the ISO Administered Markets while it is eligible to receive market-based rates, until the applicable repayment obligation has been fully repaid.

  • The Monthly Repayment Obligation shall not be imposed while a former RMR Generator or former Interim Service Provider or Generator that returns from an ICAP Ineligible Forced Outage is in a Mothball Outage or an ICAP Ineligible Forced Outage, or is Retired.

  • If a Generator that is subject to a Monthly Repayment Obligation returns from being Retired, or from being in a Mothball Outage, or from an ICAP Ineligible Forced Outage, to participate in the ISO Administered Markets while it is eligible to receive market-based rates, then the ISO shall recalculate and reinstate an updated Monthly Repayment Obligation.

  • The Monthly Repayment Obligation shall be applied whenever the former RMR Generator or former Interim Service Provider is participating in the ISO Administered Markets while it is eligible to receive market-based rates, until the applicable repayment obligation has been fully repaid.

  • The Monthly Repayment Obligation shall not be imposed while a former RMR Generator or former Interim Service Provider is in a Mothball Outage or IIFO, or is Retired.

  • If a former RMR Generator or former Interim Service Provider returns from being Retired, or from being in a Mothball Outage or IIFO, to participate in the ISO Administered Markets while it is eligible to receive market-based rates, then the ISO shall recalculate and reinstate an updated Monthly Repayment Obligation.

  • The ISO shall apply the Monthly Repayment Obligation to the physical Generator that is a former RMR Generator or a former Interim Service Provider or that returns from an ICAP Ineligible Forced Outage, without regard to any changes in ownership or control of that Generator.

  • Finally, Section 6.14.7 establishes how the ISO will allocate and credit to RMR LSEs any Monthly Repayment Obligation recovered from a former RMR Generator and/or former Interim Service Provider by the ISO pursuant to Sections 15.8.7, 15.8.7.1 and 15.8.7.2 of Rate Schedule 8 to the Services Tariff.

  • We will stop charging interest immediately and you will have to pay the outstanding balance in full in relation to that plan on your next Monthly Repayment Day.

  • The remaining Instalments will be due on the Monthly Repayment Day of each subsequent month.


More Definitions of Monthly Repayment

Monthly Repayment has the meaning set out in Schedule 11 [Prices and Payment];
Monthly Repayment means the part of the Monthly Contribution to be paid by Us on your behalf to your Creditors.
Monthly Repayment means the part of the Monthly Payment that We pay to Creditors on Your behalf.

Related to Monthly Repayment

  • 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.

  • 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.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Loan repayment means the cancellation and repayment of loans

  • 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.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • 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.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • 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.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • 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.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).