Scheduled Contract Payment definition

Scheduled Contract Payment means each periodic installment payable by an Obligor under a Contract for rent, principal and/or interest, excluding all supplemental or additional payments required by the terms of such Contract with respect to sales or other taxes, insurance, maintenance, ancillary products and services, late fees, penalties, default interest and other specific charges.
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Scheduled Contract Payment means each periodic installment payable by an Obligor under a Contract for rent, principal, interest and/or unutilized/commitment fees (as applicable), excluding all supplemental or additional payments required by the terms of such Contract with respect to sales or other taxes, insurance, maintenance, ancillary products and services, late fees, penalties, default interest and other specific charges.
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Scheduled Contract Payment means, with respect to any Collection -------------------------- Period for any Contract, the amount set forth in such Contract as required to be paid by the Obligor in such Collection Period. If after the Closing Date, the Obligor's obligation under a Contract with respect to a Collection Period has been modified so as to differ from the amount specified in such Contract as a result of (i) the order of a court in an insolvency proceeding involving the Obligor, (ii) pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or (iii) modifications or extensions of the Contract expressly permitted under the Servicing Agreement, the Scheduled Contract Payment with respect to such Collection Period shall refer to the Obligor's payment obligation with respect to such Collection Period as so modified.
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Examples of Scheduled Contract Payment in a sentence

  • Each Contract has a final Scheduled Contract Payment at least six months prior to the Final Scheduled Payment Date of the Class [ ] Notes.

  • Each Contract has a final Scheduled Contract Payment at least six months prior to the Final Scheduled Payment Date of the Class A-4 Notes.

  • Each Contract has a final Scheduled Contract Payment at least six months prior to the Final Scheduled Payment Date of the Class A-3 Notes.

  • As of the Closing Date (A) no Contract is more than 60 days past due with respect to more than 10% of any Scheduled Contract Payment; and (B) no Contract is a Skip Contract.

  • Each Contract has a final Scheduled Contract Payment at least six months prior to the Final Scheduled Payment Date of the Class A-4-A Notes and the Class A-4-B Notes.

  • Each Contract has a final Scheduled Contract Payment at least six months prior to the Final Scheduled Payment Date of the Class A-4-A Notes and Class A-4-B Notes.


More Definitions of Scheduled Contract Payment

Scheduled Contract Payment means each periodic installment payable by an Obligor under a Contract for rent, principal and/or interest, excluding all supplemental or additional payments required by the terms of such Contract with respect to sales or other taxes, insurance, maintenance, ancillary products and services, late fees, penalties, default interest and other specific charges. “Scheduled Revolving Period Termination Date” means the later of (i) MayAugust 31, 2024 or (ii) such later date agreed to in writing by the Facility Agent and each Lender as requested by the Borrower in accordance with the terms of the definition of “Revolving Period”. “Second Omnibus Amendment Effective Date” means July 22, 2022. “Section 4.3 Certificate” has the meaning set forth in Section 4.3(e)(ii). “Secured Parties” means, collectively, each Agent, each Lender, the Facility Agent, the Backup Collateral Manager, the Custodian, the Paying Agent, the Hedge Counterparty, any Cash Management Bank or any other Affected Person and Indemnified Party and their respective successors and assigns. USActive 28795333.4728795333.48 42
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