Monthly Installment definition

Monthly Installment means such amount as specified in the Schedule or as may be revised from time to time by the Lender, payable by the Borrower/s to the Lender, on a monthly basis, to amortise the Loan with the Interest (as applicable) thereon, during the tenor of the Loan.

Monthly Installment has the meaning set forth in Section 2(a).

Monthly Installment is defined in the Note.

Examples of Monthly Installment in a sentence

• Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon the number of days in such month.

• The Monthly Installment of Rent in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time.

• Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

• Tenant acknowledges that the late payment of any Monthly Installment of Base Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated under this Lease, including without limitation, administrative and collection costs and processing and accounting expenses, the exact amount of which is extremely difficult to ascertain.

• Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon a thirty (30) day month.

More Definitions of Monthly Installment

Monthly Installment means the monthly payments of interest required to be made by Borrower pursuant to Section 2.2 of this Note.

Monthly Installment means the total minimum payment due payable to the Bank by the Cardmember as set out in the last billing statement issued prior to the occurrence of the Event giving rise to a claim.

Monthly Installment means the amount of monthly payments required to be paid to the Lender which may be either fixed (EMI) or variable as set out in the Schedule and Annexure attached hereto, to amortise the Loan with Interest over the tenure of the Loan.

Monthly Installment means the sum agreed in the Contract as payable by the Region of Local Councils, on behalf of the individual components thereof, to the Contractor each month.

Monthly Installment means the installments payable by the Borrower on a monthly basis to amortize the Loan, of such amount as may be determined by the Bank from time to time under this Agreement and comprises of both principal amount of the Loan and interest thereon. Such Monthly Installments may either be equated or otherwise.

Monthly Installment. Subject to the Free Rent set forth in Paragraph 1 of Exhibit “A”, the Monthly Installment shall be as follows: Months Monthly Installment 1 —12 $2,013.71 13 — 24 $2,074.77 25 — 36 $2,137.13 37 — 39 $2,200.79

Monthly Installment means the “Total Minimum Payment Amount” due and payable by the Cardmember’s to the Bank for only those transactions made by the Cardmember on his Credit Card Facility prior to the occurrence of the relevant Event as is evidenced by the Credit Card Statements of the Cardmember.