Regular Payment Date definition

Regular Payment Date means the last day of each March, June, September and December after the date hereof, or, if such last day is not a Business Day, the next succeeding Business Day.

Regular Payment Date means the last Business Day of each March, June, September and December.

Regular Payment Date means the date set out in a Loan Details Area and identified or described as such, and also means such date as changed in accordance with the terms of the Mortgage or by agreement between you and us.

Examples of Regular Payment Date in a sentence

• After the Interest Adjustment Date, you will begin to make Regularly Scheduled Payments, starting on the First Regular Payment Date, and continuing on each subsequent Regularly Scheduled Payment Date thereafter, until the end of the Term.

• The amount of interest that has accumulated on the Loan Amount from one Regular Payment Date to the next which exceeds the Regular Payment Amount is called "Deferred Interest".

• On the next Regular Payment Date, all interest which has accumulated on Deferred Interest from the previous Regular Payment Date shall be added to and become part of the Loan Amount and will bear interest from and including the Regular Payment Date at the Current Mortgage Rate.

• If your Payment Frequency is so changed, then corresponding changes will be made to your Regular Payment Date and any other terms of the Loan required by virtue of such change in the Payment Frequency.

• When not in default hereunder, you shall have the non-cumulative privilege of paying, without penalty, on each Regular Payment Date, an additional amount exactly equal to the Regular Payment Amount.

More Definitions of Regular Payment Date

Regular Payment Date means June 1 and December 1 of each year. “Remarketed Bonds” means the Bonds that have been subject to a Remarketing.

Regular Payment Date means the last day of each September, December, March and June after the Closing Date, and the Revolving Credit Expiration Date.

Regular Payment Date means each March 1, June 1, September 1 and December 1 occurring after the Closing Date, commencing on the first such date to occur after the Closing Date.

Regular Payment Date means the first day of each calendar month.

Regular Payment Date means (i), when referring to interest on an Obligation, the stated date for payment of interest and (ii), when referring to the principal of an Obligation, the stated date for payment of principal in respect of Applied Loss Amounts and the stated final maturity date thereof or the date on which the same shall have been duly called for mandatory redemption and does not refer to any earlier date on which payment is due by reason of call for redemption (other than by such mandatory redemption), acceleration, early amortization or other advancement of maturity unless CIFG NA shall elect, in its sole discretion, to pay such principal due upon such acceleration together with any accrued interest to the date of acceleration.

Regular Payment Date means the last day of each March, June, September and December after the date hereof, commencing June 30, 1997.

Regular Payment Date means the last day of each June, September, December and March after the date hereof.