Prepaid Installment definition
Prepaid Installment. With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.
Prepaid Installment means the amount of the prepaid principal of the Long Term Rate portion which would have been paid on a single Original Payment Date.
Prepaid Installment. With respect to any Mortgage Loan, any Monthly Payment thereon received by the relevant Servicer prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Principal Prepayment or Curtailment with respect to such Mortgage Loan.
Examples of Prepaid Installment in a sentence
The Bank will then add together all of the discounted monthly differences for the Prepaid Installment.
More Definitions of Prepaid Installment
Prepaid Installment means the portion of the prepaid principal of the Loan which would have been paid on a single Original Payment Date.
Prepaid Installment means the amount of the Installment Payment to be prepaid which would have been paid on a particular Original Payment Date.
Prepaid Installment means the amount of the Principal Component of the Basic Rent Payments represented by the Series 2010C Certificates to be prepaid pursuant to the terms hereof which would have been paid on the Maturity Date.
Prepaid Installment. With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due
Prepaid Installment means the amount of the prepayment which would have been paid on a single Original Payment Date. The Bank may adjust the Money Market Rate to reflect the compounding, accrual basis, or other related costs. Each of the rates shall be the Bank's estimate only and the Bank is under no obligation actually to reinvest any prepayment. The rates will be based on information from either the Telerate or Reuters information services. The Wall Street Journal, or other information sources the Bank deems reasonably appropriate.
Prepaid Installment means the amount of the prepaid principal of the Long Term Rate portion which would have been paid on a single Original Payment Date. "Treasury Rate" means the interest rate yield for U.S. Government Treasury Securities which the Bank determines could be obtained by reinvesting a specified Prepaid Installment in such securities from the date of prepayment through the Original Payment Date. (i) The Bank may adjust the Treasury Rate and Money Market Rate to reflect the compounding, accrual basis, or other costs of the Long Term Rate portion. Each of the rates is the Bank's estimate only and the Bank is under no obligation to actually reinvest any prepayment. The rates will be based on information from either the Telerate or Reuters information services, The Wall Street Journal, or other information sources the Bank deems appropriate.
Prepaid Installment means the amount of the principal portion of the Basic Rent Payments represented by the Series 2010 Certificates to be prepaid pursuant to the terms hereof which would have been paid on the Maturity Date.