Payoff Amount definition
Payoff Amount means with respect to a Receivable as of the close of business on the last day of a Collection Period, the remaining principal balance of such Receivable, plus accrued but unpaid interest thereon, and related fees.
Payoff Amount. As defined in the Property Management Agreement.
Payoff Amount has the meaning set forth in Section 1.7(b).
Examples of Payoff Amount in a sentence
To the extent provided for in the Payoff Letters delivered by Company pursuant to Section 7.17, on behalf of and to the Persons and accounts specified in such Payoff Letters, by wire transfer of immediately available funds, an aggregate amount equal to the Payoff Amount.
More Definitions of Payoff Amount
Payoff Amount has the meaning set forth in Section 2.3(b)(i).
Payoff Amount shall have the meaning set forth in Section 6.5.
Payoff Amount has the meaning set forth in Section 3.6.
Payoff Amount has the meaning set forth in Section 5.11(b).
Payoff Amount means the aggregate amount set forth in the Payoff Letters.
Payoff Amount is defined in Section 6.12.
Payoff Amount means the total amount required to be paid to fully satisfy all outstanding and unpaid principal, interest, prepayment premiums, penalties, breakage costs, attorneys’ fees and other costs and expenses, or similar outstanding and unpaid obligations related to all Indebtedness and other obligations owed under the Credit Facilities as of the anticipated Closing Date (and the daily accrual thereafter) that is specified in the Payoff Letters.