Finance Charges definition

Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

Finance Charges means, for the Reference Period, the aggregate amount of the accrued interest, commission, fees, discounts, payment fees, premiums or charges and other finance payments in respect of Financial Indebtedness whether paid, payable or capitalised by any member of the Group according to the latest Financial Report(s) (calculated on a consolidated basis) other than Transaction Costs, capitalised interest in respect of any loan owing to any member of the Group or any Shareholder Loan and taking no account of any unrealised gains or losses on any derivative instruments other than any derivative instrument which are accounted for on a hedge accounting basis.

Finance Charges means, with respect to a Contract, any finance, interest, late or similar charges owing by an Obligor pursuant to such Contract.

Examples of Finance Charges in a sentence

• However, if only the Minimum Payment Due is paid or partial payment of the outstanding balance is made by the Member on or before the Payment Due Date, Finance Charge(s) on the abovementioned fresh Retail Transactions will be imposed from the day the transaction is posted to the VISA/MASTERCARD Business Credit Card Account and such Finance Charge(s) will be reflected in the following month's Statement of Account.

• In the event that the Bank is not able to furnish the Member with a Statement of Account pursuant to Clause 8 hereof for any period of time, the Member's liability for Finance Charge(s) and other charges shall, nevertheless, continue to accrue and for the purpose of computing the interest payable to the Bank or establishing the due date for payment of charges, interest and principal, the Bank may select any day of the month as the date of the Statement of Account.

• The Finance Charges for a billing cycle are computed by applying the Periodic Rate to the “average daily balance” of purchases (and if applicable, cash advances).

More Definitions of Finance Charges

Finance Charges is defined in Section 2.2.3.

Finance Charges means, for any Relevant Period, the aggregate amount of the accrued interest, commissions, fees, discounts, prepayment fees, premiums or charges and other finance payments in respect of Group Borrowings, including net realized gains or losses on any related derivative instruments, whether paid, payable or capitalized by any member of the Group in respect of that Relevant Period:

Finance Charges means, for the Relevant Period, the aggregate amount of the accrued interest, commission, fees, discounts, payment fees, premiums or charges and other finance payments in respect of Financial Indebtedness whether paid, payable or capitalised by any Group Company according to the latest Financial Report(s) (calculated on a consolidated basis) without taking into account any Transaction Costs or any unrealised gains or losses on any derivative instruments other than any derivative instruments which are accounted for on a hedge accounting basis.

Finance Charges means any finance, interest, late, servicing or similar charges or fees owing by an Obligor pursuant to the Contracts plus all Recoveries.

Finance Charges. With respect to any Asset, any interest or finance charges owing by an Obligor pursuant to or with respect to such Asset.

Finance Charges shall have the meaning set forth in Section 3.2 hereof.

Finance Charges is defined in Section 2.5 of this Agreement.