Partial Prepayment definition

Partial Prepayment. Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

Partial Prepayment. With respect to a Distribution Date and to any Receivable, the portion of an Actual Payment in excess of the Scheduled Payment which equals one or more future Scheduled Payments but does not constitute a Full Prepayment and results in a Rebate in accordance with the Servicer’s customary procedures.

Partial Prepayment means, as to any Rule of 78's Contract, any partial prepayment received by the Master Servicer that (i) is not accompanied by an amount specified by the related Obligor to be interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of such prepayment and (ii) is required by the terms of such Contract to be applied to the payment of principal thereunder on or prior to the Due Date next succeeding the date of receipt.

Examples of Partial Prepayment in a sentence

• The Partial Prepayment Amount shall be calculated according to the following formula: PP = PE X F.

• Provided standards-aligned supplemental instructional resources in English and home language (as available).D) Schools were provided additional staffing (sections) for ELD courses for identified students.ExpendituresACTUAL4.4A) Implemented new social and emotional learning curriculum in the Counseling Enriched classrooms.

• Partial Prepayment Amount The Partial Prepayment Amount shall be calculated according to the following formula: PP = PG x F The terms above have the following meanings: PP = the Partial Prepayment AmountPG = the Prepayment Amount calculated according to Section GF = the percent by which the owner of the Assessor’s Parcel is partially prepaying the Annual Special Tax obligation3.

• If the Partial Prepayment Date is not a CSD Business Day, then the redemption shall occur on the CSD Business Day determined by application of the Business Day Convention.

• Within thirty (30) days of receipt of such written notice, the Administrator shall determine the Partial Prepayment Amount of such Assessor's Parcel and shall notify such owner of such Partial Prepayment Amount.

More Definitions of Partial Prepayment

Partial Prepayment. Any Principal Prepayment other than a Principal Prepayment in Full.

Partial Prepayment. Any Principal Prepayment other than a Principal ------------------ Prepayment in Full.

Partial Prepayment. Any Promisor payment or other recovery of principal of a Student Loan (other than a Full Prepayment) that is received in advance of its scheduled Due Date and that is not accompanied by an amount as to interest representing scheduled interest for any payment period subsequent to the period in which it was received.

Partial Prepayment. With respect to a Settlement Date and to any Contract, the portion of an Actual Payment in excess of the Scheduled Payment which equals one or more future Scheduled Payments but does not constitute a Full Prepayment and results in a Rebate in accordance with the Servicer’s customary procedures subject to the Conflict Standard.

Partial Prepayment means a prepayment of a portion of a Parcel’s Special Tax obligation, as set forth in Section 7.

Partial Prepayment. Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment. Pass-Through Rate: As to any Remittance Date, a rate equal to the weighted average, expressed as a percentage, of the Mortgage Loan Remittance Rates of all Mortgage Loans in the Mortgage Pool as of the close of business on the Due Date in the month preceding the month in which such Remittance Date occurs, weighted on the basis of the respective Principal Balances of such Mortgage Loans, which Principal Balances shall be the Principal Balances of such Mortgage Loans immediately prior to such Remittance Date.

Partial Prepayment means the partial fulfillment of a Parcel’s Special Tax obligation, as determined by following the procedures in Section 6.