Periodic Payment definition

Periodic Payment means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument.
Periodic Payment means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3.
Periodic Payment shall have the meaning assigned to such term or such analogous in the Servicing Agreement.

Examples of Periodic Payment in a sentence

  • The Primary Servicer shall deliver to the Master Servicer no later than 5:00 p.m. New York City time on the second Business Day of each month by electronic transmission in a format reasonably acceptable to the Master Servicer and the Primary Servicer, a remittance report containing scheduled balance information for each Mortgage Loan and Serviced Companion Loan reflecting the scheduled Periodic Payment for such month in the form of Exhibit G attached hereto.


More Definitions of Periodic Payment

Periodic Payment shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.
Periodic Payment means the regularly scheduled amount due for principal and interest under the Note.
Periodic Payment. With respect to any Mortgage Loan or Companion Loan as of any Due Date, the scheduled payment of principal and/or interest on such Mortgage Loan or Companion Loan (exclusive of Additional Interest), including any Balloon Payment, that is actually payable by the related Mortgagor from time to time under the terms of the related Mortgage Note (as such terms may be changed or modified in connection with a bankruptcy or similar proceeding involving the related Mortgagor or by reason of a modification, waiver or amendment granted or agreed to by the Special Servicer pursuant to Section 3.20).
Periodic Payment means any regularly scheduled amount due for principal and interest (if any) under the Note.
Periodic Payment has the meaning specified in Section 5(b).
Periodic Payment means the amount of each payment, if any, set out or referred to in item 5(g) of the Mortgage Form;
Periodic Payment means any payment made to the financer at regular intervals.