Next Payment Date definition
Examples of Next Payment Date in a sentence
Next Payment Date means each date on which the next scheduled payment under any Transaction (other than the Transaction constituted by this Annex) is due to be paid.
The inventory listing must include: Account Number, Name, Date of Loan, Loan Type, Amortization Method, Frequency of Payment, interest Rate, Original Amount Financed, Current Balance, Original Term, Remaining Term, Monthly Payment, Last Payment Date, Maturity Date, Next Payment Date, Appraised Value, Loan to Value, and Debt Service Coverage Ratio.
Next Payment means, in respect of each Next Payment Date, the greater of (a) the Base Currency Equivalent of any payments due to be made by Party A under Clause 2.1 on such Next Payment Date less the Base Currency Equivalent of any payments due to be made by Party B under Clause 2.1 on such Next Payment Date (in each case, after giving effect to any applicable netting under Clause 2.3) and (b) zero.
Next Payment means, in respect of each Next Payment Date, the greater of (i) the Base Currency Equivalent of any payments due to be made by Party A under Clause 2.1 on such Next Payment Date less the Base Currency Equivalent of any payments due to be made by Party B under Clause 2.1 on such Next Payment Date (in each case, after giving effect to any applicable netting under Clause 2.3) and (ii) zero.
Upon the occurrence of the Next Payment Date, all accrued and unpaid Advisory Fees owing to each Advisor party hereto shall be paid by the Company to the Advisors and thereafter the Advisory Fee shall be paid at the end of each fiscal quarter in accordance with Section 3 of the Advisory Agreement.