Accrued Interest and Fees means the aggregate amount of all finance charges and fees that were accrued and earned, but not posted, with respect to an Account as of the Effective Time in accordance with the applicable terms of the Account Agreements.
Accrued Interest and Fees means (1) with respect to the Assumed Deposits, the interest, fees and other charges (whether billed or unbilled) that have been accrued but not yet posted to the Assumed Deposits; and (2) with respect to the Purchased Loans and Purchased Overdrafts, the interest, fees and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Purchased Loans and Purchased Overdrafts, as applicable, in each case of (1) and (2), as set forth in the general ledger of Seller.
Accrued Interest and Fees means (i) with respect to the Assumed Deposits, the interest, fees, costs, and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Assumed Deposits; and (ii) with respect to the Purchased Assets, the interest, dividends, fees, costs, and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Purchased Assets, in each case as set forth in the general ledger of Seller maintained in the ordinary course of business of Seller in accordance with the internal controls and procedures of Seller, consistently applied.
Examples of Accrued Interest and Fees in a sentence
Accrued Interest and Fees - Institutions should evaluate the collectibility of accrued interest and fees on credit card accounts because a portion of accrued interest and fees is generally not collectable.
In 2015, the following language was added:For this reason, the Accrued Interest and Fees Receivable on the Balance Sheet presents accrued interest for which collection at the date of accrual is considered reasonably certain.
Establish Reserve for Accrued Interest and Fees Given the subprime nature of the assets held by NextBank, the collectibility of some portion of the associated accrued interest and fees were likely in doubt.
More Definitions of Accrued Interest and Fees
Accrued Interest and Fees means (i) with respect to the Assumed Deposits, the interest, fees, costs, and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Assumed Deposits; and (ii) with respect to the Purchased Assets, the interest, dividends, fees, costs, and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Purchased Assets, in each case as set forth in the general ledger of the applicable HSBC Seller maintained in the ordinary course of business of the HSBC Sellers in accordance with the internal controls and procedures of the HSBC Sellers, consistently applied.
Accrued Interest and Fees means any and all accrued and unpaid interest and fees owing to the Purchaser under the Loan Agreement up to (but excluding) the earlier of (a) the date of repayment of all principal, interest and other amounts owing under the Loan Agreement and (b) the date of the Closing.
Accrued Interest and Fees means (1) with respect to the Assumed Deposits, the interest, fees and other charges (whether billed or unbilled) that have been accrued but not yet posted to the Assumed Deposits; and (2) with respect to the Purchased Loans, Assumed Letters of Credit, Purchased Overdrafts and Purchased Credit Card Accounts and Receivables, the interest, fees and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Purchased Loans, Assumed Letters of Credit, Purchased Overdrafts and Purchased Credit Card Accounts and Receivables, as applicable, and, in the case of each of the foregoing items described in clauses (1) and (2), as calculated by Seller on its systems of record maintained in the ordinary course of business consistent with past practice and in accordance with the terms of the applicable Purchased Asset or Assumed Liability.
Accrued Interest and Fees means (1) with respect to the Assumed Deposits, the interest, fees and other charges (whether billed or unbilled) that have been accrued but not yet posted to the Assumed Deposits; and (2) with respect to the Purchased Loans, Assumed Letters of Credit and Purchased Overdrafts, the interest, fees and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Purchased Loans, Assumed Letters of Credit and Purchased Overdrafts, as applicable, and, in the case of each of the foregoing items described in clauses (1) and (2), as calculated by Seller on its systems of record maintained in the ordinary course of business consistent with past practice and in accordance with the terms of the applicable Purchased Asset or Assumed Liability.
Accrued Interest and Fees means at any date (i) with respect to Deposits, the interest, costs, fees and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Deposits; and (ii) with respect to the Assets, the interest, dividends, fees, costs and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Assets, in each case as set forth in the general ledgers of Seller maintained in the ordinary course of business of Seller.
Accrued Interest and Fees means, as of any date, (i) with respect to the Assumed Deposits, the interest, dividends, fees, costs, and other charges (whether billed or unbilled) that have been accrued to and including such date but not yet paid, credited or charged to the Assumed Deposits; and (ii) with respect to the Transferred Assets, the interest, dividends, fees, premiums, costs, and other charges (whether billed or unbilled) that have been accrued to and including such date but not yet paid, credited or charged to the Transferred Assets, in each case as reflected on Seller’s books and records maintained in the ordinary course of business of Seller in accordance with the internal controls and procedures of Seller, consistently applied.
Accrued Interest and Fees means (i) with respect to the Assumed Deposits, the interest, fees, costs, and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Assumed Deposits; and (ii) with respect to the Purchased Assets, the interest, dividends, fees (including all fees associated with the Safe Deposit Agreements), costs, and other charges (whether billed or unbilled) that have been accrued but not yet paid, credited or charged to the Purchased Assets, in each case as set forth in the general ledger of the Seller maintained in the ordinary course of business of the Seller in accordance with the internal controls and procedures of the Seller, consistently applied.