Mortgage Loan Interest Accrual Period definition

Mortgage Loan Interest Accrual Period. The “Interest Period” as defined in the Mortgage Loan Agreement.
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Mortgage Loan Interest Accrual Period. With respect to any Payment Date, the calendar month preceding such Payment Date (or the month in which the Payment Date occurs if the Payment Date occurs on the Business Day preceding the first day of the month).
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Mortgage Loan Interest Accrual Period. With respect to any Payment Date, the period commencing on (and including) the 6th day of each month and ending on (and including) the 5th day of the following calendar month; except that the Mortgage Loan Interest Accrual Period, if any, that would otherwise commence before and end after the Maturity Date will end on the Maturity Date.
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Related to Mortgage Loan Interest Accrual Period

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Accrual Period With respect to each Payment Date, the period beginning on and including the prior Payment Date (or, in the case of the first Payment Date, the Closing Date) and ending on and including the day preceding such Payment Date.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Class A-1 Interest Rate means [____]% per annum (computed on the basis of the actual number of days in the Class [A-1] Interest Accrual Period divided by 360).