Examples of Prepaid Installment in a sentence
The Bank will first determine the amount of interest which would have accrued each month for the Prepaid Installment had it remained outstanding until the applicable Original Payment Date, using the interest rate applicable to the Prepaid Installment under this Note.
The Bank will then subtract from each monthly interest amount determined in (i) above, the amount of interest which would accrue for that Prepaid Installment if it were reinvested from the date of prepayment through the Original Payment Date, using the Treasury Rate.
You will use the Wi-Fi net of the bus at your own risk, and always must comply with the applicable regulations, without any liability from the company for any failure imputable to you because of the use of this net.
If (i) minus (ii) for the Prepaid Installment is greater than zero, the Bank will discount the monthly differences to the date of prepayment by the Treasury Rate.
The Noteholder will first determine the amount of interest which would have accrued on each annual period ending 1 at the rate of interest borne by the Note for the Prepaid Installment had it remained outstanding until the applicable Original Payment Date, using the interest rate applicable to the Prepaid Installment under this Agreement.