Timing of payments Frequency definition

Timing of payments Frequency. First Payment: Monthly One month after Date of Advance Amount of payments Each payment of interest during the Interest Only Period is $. Following the Interest Only Period, each payment of principal and interest is of $. Amount of payments During the Interest Only Period and Fixed Interest Rate Period each payment is $. At the expiry of the Interest Only Period and the Fixed Interest Rate Period the interest rate will revert to a floating interest rate and each payment of principal and interest will be calculated in accordance with applicable floating rate. Amount of payments During the Fixed Interest Rate Period each payment of principle and interest is $. At the expiry of the Fixed Interest Rate Period the interest rate will revert to a floating interest rate and each payment of principal and interest will be calculated at the applicable floating rate. Amount of payments $ Staggered Advances At your request we have agreed to advance the total Loan Advance of $ in stages over the period of months from the Date of Advance (the Advances Period). We will advance the amount of $ on the Date of Advance and on each monthly Payment Date we will advance the amount of the Subsequent Advance. At your request, we will apply this advance to payment of the monthly Instalment due on that date. The amount of each Subsequent Advance will be added to the unpaid balance of the loan on the Payment Date and will thereafter accrue interest. The payments you are required to make during the Interest Only Period are calculated to ensure that the minimum amount of interest due and payable each month is paid. To the extent that the actual interest debited to the account is less than the monthly Instalment paid, the balance will be applied to reduce the principal of the loan in accordance with clause 2 of the Memorandum.
Timing of payments Frequency. Monthly after the Date of Advance (each a “Payment Date”) First Payment: One month after Date of Advance If in any given month there is no corresponding date, the Payment Date shall instead be on the last day of that month. If any Payment Date or other due date for payment is not a business day, payment must instead be made on the immediately preceding business day. Amount of payments Each payment of principal and interest is $ Interest rate As at the Preparation Date, the annual interest rate that applies to this loan is a variable interest rate of % per annum. See clauses 3.1 – 3.3 of the Memorandum for more information about variable interest rates. Loan Account – Variable Interest Only then Principal and Interest Total number of payments Maturity date The day that is months after the Date of Advance.
Timing of payments Frequency. Monthly after the Date of Advance (each a “Payment Date”) First Payment: One month after Date of Advance If in any given month there is no corresponding date, the Payment Date shall instead be on the last day of that month. If any Payment Date or other due date for payment is not a business day, payment must instead be made on the immediately preceding business day. Amount of payments Each payment of interest during the Interest Only Period referred to below is $. Following the Interest Only Period, each payment of principal and interest is of $. Interest rate As at the Preparation Date, the annual interest rate that applies to this loan is a variable interest rate of % per annum. See clauses 3.1 – 3.3 of the Memorandum for more information about variable interest rates. Interest only period The period commencing on the Date of Advance and expiring months after the Date of Advance. Loan AccountFixed Principal and Interest Total number of payments Maturity date Timing of payments Amount of payments Interest rate Fixed interest rate period The day that is months after the Date of Advance.

Examples of Timing of payments Frequency in a sentence

  • Timing of payments Frequency First Payment Last Payment Number of payments Amount of each payment Total amount of payments Interest Annual interest rate: Total interest charges This is the total amount of the interest charges payable under the contract.

  • You are required to make each payment of the amount specified and by the time specified Timing of payments Frequency First Payment Last Payment Number of Payments Plus one final Payment of Amount of each Payment Total amount of Payments INTEREST Annual Interest Rate per annum fixed for the whole term of the contract Being Total interest charges This is the amount of the interest charges payable under the contract.

  • Timing of payments Frequency First payment Last payment Number of payments Amount of each payment $ Total amount of payments $ INTEREST Annual interest rate(s) % fixed for the whole term of the contract, being [specify term of the contract] Total interest charges This is the total amount of the interest charges payable under the contract.

  • Timing of payments Frequency: Monthly First payment: Last payment: Number of payments: payments of $ 1 final payment of $ Total amount of payments: $ Until the date of the final payment if you are not paying principal as well as interest and any fees the unpaid balance is at call INTEREST This assumes the lender does not increase the interest rate pursuant to paragraph 13 of the operative terms.

  • You are required to make each payment of the amount specified and by the time specified Timing of payments Frequency First Payment 1 month from the date of advance Last Payment X months from the date of advance Number of payments X Plus one final Payment of $ Amount of each payment $ Total amount of payments $ INTEREST Total interest charges This is the amount of the interest charges payable under the contract.

  • You are required to make each payment of the amount specified and by the time specified Timing of payments Frequency First Payment Last Payment Number of Payments Plus one final Payment of Amount of each Payment Total amount of Payments INTEREST Total interest charges This is the amount of the interest charges payable under the contract.


More Definitions of Timing of payments Frequency

Timing of payments Frequency. Monthly First Payment: One month after Date of Advance Amount of payments There will be: • payments of principal and interest of $, and one final payment of $. Total amount of payments $ INTEREST Annual interest rate(s) The annual percentage rate that applies to your loan is our variable rate for Boost loans. We will advise you of changes to that rate as they occur. That interest rate is % per annum as at the Disclosure Date. Method of charging interest 1.1 Interest charges are calculated by multiplying the interest bearing unpaid balance of the loan at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the Interest Rate by 365 (or 366 in a leap year). Interest is payable on each consecutive monthly date (or, if in any given month there is no corresponding date, then the last day of that month) from the Date of Advance, and the Maturity Date.
Timing of payments Frequency. Weekly First payment: 03/09/2019 Last payment: 18/08/2020 Number of payments, and amount of each payment 50 payments of $60.00 and 1 final payment of $14.44 Total amount of payments $3,014.44 INTEREST Annual interest rate 29.00% fixed for the whole term of the contract being 355 Days but subject to paragraph 14 of the Operative terms. Total interest charges This is the total amount of the interest charges payable under the contract $335.94
Timing of payments Frequency. Monthly after the Date of Advance (each a “Payment Date”) First Payment: One month after Date of Advance If in any given month there is no corresponding date, the Payment Date shall instead be on the last day of that month. If any Payment Date or other due date for payment is not a business day, payment must instead be made on the immediately preceding business day. Amount of payments Each payment of interest during the Interest Only Period referred to below is $. Following the Interest Only Period, each payment of principal and interest is of $. Interest rate As at the Preparation Date, the annual interest rate that applies to this loan is a variable interest rate of % per annum. See clauses 3.1 – 3.3 of the Memorandum for more information about variable interest rates. Interest only period The period commencing on the Date of Advance and expiring months after the Date of Advance. Loan AccountFixed Principal and Interest Total number of payments Page 5 of 13 Custom Product Agreement Version May 2022 Maturity date Timing of payments Amount of payments Interest rate Fixed interest rate period The day that is months after the Date of Advance.

Related to Timing of payments Frequency

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Debit Payment means a particular transaction where a debit is made.

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Local special election means a special election called by the governing body of a

  • Random selection basis means a mechanism for selection of employees that:

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Provider fee means the consideration paid for a service contract.

  • Regular general election means the election held throughout the state on the first

  • Distribution Record Date means the Confirmation Date.

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Event Payments has the meaning set forth in Section 6.1(d).

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

  • Statewide special election means a special election called by the governor or the

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.