T&I Payment definition

T&I Payment a recoverable payment of real estate taxes or ----------- insurance premiums in respect of a Mortgage Loan (other than a Mortgage Loan that is in bankruptcy or in the process of foreclosure) which is serviced by the Company and which the Company is obligated to fund under a Servicing Contract.
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T&I Payment means an unreimbursed advance or payment by Borrower to cover tax- and insurance-escrow payments not paid when required by a mortgagor under a Mortgage Loan in accordance with Borrower's obligations under the applicable Servicing Contract.
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T&I Payment a recoverable payment of delinquent taxes or insurance with respect to a Mortgage Loan which is delinquent, in foreclosure, in liquidation or in FHA or VA claim process and which the Borrower is permitted or obligated to fund under the terms of a Servicing Contract or under applicable FHA or VA requirements and the payment of which creates a T&I Payment Receivable.
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Examples of T&I Payment in a sentence

  • In addition to the payments described in Section 32 of the Lease, upon paying the TI Payment, Landlord will also reimburse Tenant for all of its space planning or other architectural costs for the Leased Premises, not exceeding fifty cent ($.50) per useable square foot of the Leased Premises.

  • All taxes, insurance costs, utility charges (e.g., electricity, telephone, etc.), Operating Expenses (as defined below), Tenant's Excess TI Payment, and any other sums Tenant is required to pay to Landlord or any third party shall be deemed "Additional Rent." For purposes of this Lease, "Rent" shall mean both Base Rent and Additional Rent.

  • To the extent that the Improvement Cost for any Phase exceeds the Tenant Allowance for such Phase, Tenant shall, on the Phase I Commencement Date (and on the commencement date for each subsequent phase), reimburse Landlord the full amount of such excess costs ("Tenant's T.I. Payment") as additional rent.

  • Notwithstanding the foregoing, to the extent Landlord holds back retainage from its contractor which relates to unfinished items of Leasehold Improvements, Tenant may hold back a corresponding portion of Tenant's T.I. Payment and will pay such amount to Landlord within three (3) business days after notice from Landlord that it intends to pay such holdback to its contractor.

  • Following the Commencement Date, and subject to the other provisions of this Lease, Tenant shall pay Tenant's Excess TI Payment to Landlord, if any, as Additional Rent, as provided in the Work Letter Agreement.

  • If Tenant obtains a loan, Landlord will pay all applicable loan origination points and/or financing acquisition fees (not exceeding two and one half percent (2-1/2%) of the loan amount) and reasonable and customary costs of obtaining the loan for typical commercial bank financing, limited, however, to a loan for the TI Payment amount described below.

  • In that event Landlord would pay the principal amount to be amortized to Tenant on the same date when the TI Payment is made.

  • As a condition precedent to the effectiveness of this Lease, Landlord shall pay Tenant the Northwinds TI Payment and Northwinds Rent Payment in full upon full execution and delivery of this Lease.

  • Tenant’s Excess TI Payment, and any other sums Tenant is required to pay to Landlord or any third party shall be deemed “Additional Rent.” For purposes of this Lease, “Rent” shall mean both Base Rent and Additional Rent.

  • If, at any time, Tenant fails to timely make Tenant’s Excess TI Payment (whether a monthly amount or lump sum payment), Landlord shall have any remedy available to Landlord under the Uniform Commercial Code.


More Definitions of T&I Payment

T&I Payment means an unreimbursed advance or payment by Ryland to cover tax- and insurance-escrow payments not paid when required by a mortgagor under a Mortgage Loan in accordance with Xxxxxx'x obligations under the applicable Servicing Contract.
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Related to T&I Payment

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Interim Payment has the meaning specified in Section 10.1.

  • AHYDO Payment means any mandatory prepayment or redemption pursuant to the terms of any Indebtedness that is intended or designed to cause such Indebtedness not to be treated as an “applicable high yield discount obligation” within the meaning of Section 163(i) of the Code.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Payment Amount has the meaning specified in Section 6.1.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.