Monthly Payment

Example Definitions of "Monthly Payment"
Monthly Payment. Means the monthly payment due each month during the Term Loan Period which shall be calculated based on the use attributed to each DLOC Advance as follows: (a) eighty-four (84) months for equipment and leaseholds; (b) one hundred forty-four (144) months for leasehold mortgages; or (c) one hundred eighty (180) months for fee simple real estate.
Monthly Payment. The scheduled monthly payment of principal and interest on a Mortgage Loan
All Definitions