Define: First Installment Payment Date
First Installment Payment Date means the date on or after the start of amortization when the first payment is due.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
First Installment Payment Date means the date on or after the start of amortization when the first payment is due.
Relevant Circumstances
- Buying a property or a vehicle
- Taking a student loan for higher education
- Borrowing money for personal use
Relevant Sectors
- Real Estate Sector
- Automobile Sector
- Education Sector
- Financial Service Sector