Monthly Repayment Amount definition

Monthly Repayment Amount means, in relation to any Repayment Date, the monthly amortization instalment amount for such Repayment Date set forth on Schedule 1.1(b) hereto, as such Schedule 1.1(b) may be revised and replaced by the Lender from time to time based on the actual amount Advanced to the Borrower in respect of any Tranche; the Lender shall promptly provide the Borrower with any subsequent, replacement Schedule 1.1(b).
Monthly Repayment Amount means, in relation to any Repayment Date, an amount equal to: [*];
Monthly Repayment Amount means the amount provisionally calculated as the principal and interest payable monthly by the Borrower to the Bank via the Repayment Account on the Monthly Repayment Date. The Monthly Repayment Amount shall be notified by the Bank to the Borrower within seven (7) Business Days after the Utilization Date. Monthly Repayment Date: means, unless otherwise agreed by the parties, the date be determined as follows: the 25th day of each month as agreed by the Bank and the Borrower and stated in the relevant Notice of Utilization and Debt Assumption. In the event the Monthly Repayment Date in a given month is not a Business Day, the Monthly Repayment Date in that month shall be the first Business Day immediately after such date.

Examples of Monthly Repayment Amount in a sentence

  • Conditions for the early repayment of the total loan: (i) the Borrower has paid timely and properly the Minimum Number of Instalments; (ii) the Borrower has informed the Lender at least 5 business days prior to the Monthly Repayment Date of the month requesting early repayment; (iii) the Borrower agrees to fully pay the Monthly Repayment Amount for the month of requesting the early repayment and other payable amounts on the early repayment date; and (iv) the Borrower shall pay the early repayment fee.

  • Conditions for the early repayment of the total loan: (i) the Borrower has paid timely and properly the Minimum Number of Instalments; (ii) the Borrower has informed the Lender at least 5 business days prior to the Monthly Repayment Date of the month requesting early repayment; (iii) the Borrower agrees to fully pay the Monthly Repayment Amount for the month of requesting the early repayment and other payable amounts on the early repayment date; and (iv) the Borrower pay the early repayment fee.

  • The Loan Confirmation Letter will set out clearly the Monthly Repayment Amount and the Repayment Date of each installment.

  • If the Borrower fails to repay the Monthly Repayment Amount according to the Loan Confirmation Letter, the Bank will charge a Late Fee, Default Interest and any other charges as stipulated by the Bank in the Loan Confirmation Letter, Schedule of Service Fees or any other terms and conditions from time to time.

  • The Borrower shall pay the Monthly Repayment Amount as stated in the Loan Confirmation Letter on the first Repayment Date.

  • Provided always that, the Bank shall reserve rights to adjust the Monthly Repayment Amount as the Bank deems appropriate in accordance with this Agreement and the applicable laws and regulations.

  • The Monthly Repayment Amount and other Payment Obligations payable by the Borrower (if any) shall be due on the Monthly Repayment Date and paid in full and timely by the Borrower to the Bank until the Borrower’s complete discharge of all of its Payment Obligations toward the Bank.

  • Any service charges incurred for vehicle-related equipment will also be incorporated into the Monthly Repayment Amount charged to Agency.

  • On the first business day of each calendar month commencing as of July 1, 2005, Tenant shall provide to Landlord, together with Tenant's monthly payment of Rent under the Lease, an amendment or a replacement to the Letter of Credit evidencing that the amount available under the Letter of Credit has been increased by the Monthly Repayment Amount payable for such calendar month.

  • These costs will be incorporated into the Monthly Repayment Amount charged to Agency.


More Definitions of Monthly Repayment Amount

Monthly Repayment Amount means, in relation to any Repayment Date, an amount equal to: [information intentionally deleted];
Monthly Repayment Amount means the respective amount payable by the Borrower to the Lender on each Monthly Repayment Date as set out in the Loan Facility Terms above;
Monthly Repayment Amount means, in relation to any Repayment Date, an amount equal to: (i) the quotient of: the Original Principal Balance divided by 12, divided by (ii) the product of: the Spot Price multiplied by 0.75; By way of example, assuming that all of the Advances are advanced such that the Original Principal Balance is $8,000,000.00 and the relevant Spot Price is $1,650.00, the Monthly Repayment Amount would be 538.7205 ounces of Gold, as demonstrated by the following example calculation: Example (assuming $8,000,000 drawn and a $1,650.00 spot price): [($1,650.00 X 0.75)] For the avoidance of doubt, on each Repayment Date, the Borrower shall be required to pay the Profit Participation Amount for such Repayment Date in addition to the Monthly Repayment Amount, as set out in Section 3.1.
Monthly Repayment Amount means the amount provisionally calculated as the principal and interest payable monthly by the Borrower to the Bank via the Repayment Account on the Monthly Repayment Date. The Monthly Repayment Amount shall be notified by the Bank to the Borrower within seven (7) Business Days after the First Utilization Date.

Related to Monthly Repayment Amount

  • 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.

  • 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.

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

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

  • 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.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • 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.

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

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • 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.

  • 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.

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

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

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

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

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • 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.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Payment Amount as defined in Section 3.5.

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

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Unscheduled Principal Distribution Amount With respect to any Distribution Date, an amount equal to the aggregate of: (a) all Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans and, to the extent of the Trust’s interest therein, any REO Properties during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise, that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.