Penalty APR Sample Clauses

Penalty APR. We currently do not assess a penalty APR.
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Penalty APR. The Penalty APR may be applied to your account if you: • Are over 60 days past due or • Make a payment that is returned and causes your account to be over 60 days past due. The penalty APR is 18.00% (or such other rates as may be permitted under the Federal Credit Union Act). If the penalty APR is applied to your account, it will apply to both existing and new transactions. It will no longer apply to existing transactions if you make the next six consecutive minimum payments. If you do not make these six consecutive minimum payments, the Penalty APR may continue to apply to both new and existing balances indefinitely.
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Penalty APR. We can impose the Penalty APR disclosed in the Truth in Lending Disclosure, which is higher than the rate you would otherwise pay, each time a Minimum Payment is not received by its applicable Payment Due Date, or you make a payment that is returned unpaid. An increased Penalty APR will remain in effect until the first day of the Billing Cycle after you pay the Minimum Payment on or before the Payment Due Date for three consecutive Billing Cycles.
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Penalty APR. If Company's account is delinquent twice in any 6-month period, or the account closes and maintains a balance, the APR on the account will increase to 18.0% APR. This corresponds to a monthly periodic rate of 1.50%. In order for the account to return to its previous APR, the account must remain current for 6-months, and bank must receive a favorable credit bureau review, and updated credit application. COMPANY PAYMENT SCHEDULE PURCHASE OF GOODS OR SERVICES No FINANCE CHARGES will be incurred if the total of such purchases is paid in full by the Date Payment Due appearing on the current statement. If not so paid, FINANCE CHARGES will be incurred on the Average Daily Balance of purchases including previously billed and unpaid purchases and new purchases, whether or not billed on Company's periodic statement, from the date of the purchase, at a variable rate which may vary monthly. At this printing the rate is 0.844 per month (10.13% ANNUAL PERCENTAGE RATE). The variable rate is adjusted monthly and is determined by a margin of 6.88% above the Wall Street Journal prime rate pub- lished on the last business day of each month. MINIMUM FINANCE CHARGE $1.00 per billing cycle in which a Finance Charge of less than $1.00 (for purchases) would otherwise be im- posed. CASH ADVANCES Finance Charges will be incurred on the Average Daily Balance of Cash Advances at a fixed rate of 1.50% per month (18.0% ANNUAL PERCENTAGE RATE), from the date of the advance until the account is paid in full. Finance Charges, which accrue after the Statement Date, will appear on the following statement. AVERAGE DAILY BALANC- ES: Average Daily Balances are calculated separately by dividing the total of the outstanding daily balance of cash advances, by the number of days in the statement period.
Sample 1
Penalty APR. The Daily Periodic Rate and Annual Percentage Rate may increase if your minimum payment has not been received within 60 days after the due date for such payment, in which case we may increase the Annual Percentage Rate for your entire balance to 19.90% (“Penalty APR”). We will send you advance written notice that your Annual Percentage Rate will be increasing. Following implementation of the Penalty APR, if you make your payments on time for six (6) consecutive months, the Penalty APR will terminate and the prevailing variable Annual Percentage Rate will apply.
Sample 1
Penalty APR. If you do not make your minimum payment by the due date and your account is over 60 days past due or you make a payment that is returned and causes your account to be over 60 days past due, your account will be subject to the Penalty APR. The Penalty APR will be applied to any and all transactions and outstanding balances on your account, including those with Promotional APRs. The Penalty APR will be effective at least 45 days after your account becomes subject to it.
Sample 1
Penalty APR. Before we apply the Penalty APR on any type of transaction or balance, we will provide you with any notice required by law in advance that informs you which future transactions and/or outstanding balances are subject to the Penalty APR and when the APRs will increase. lf we do not increase your APRs to the Penalty APR when any of the events triggering the Penalty APR occur, we reserve our right to increase your APRs to the Penalty State if any of these events occur in the future. if your APRs are increased on any type of transaction due to the triggering of the Penalty APR, the Penalty APR will be applicable indefinitely to future transactions of that type that occur more than 14 days after we provide you notice about the APR increase. If we do not receive any required minimum payment within 60 days of the date and time due, the Penalty APR will be applicable to all outstanding balances and future transactions on your Account. However, if we receive six (6) consecutive required minimum payments by the date and time due, beginning with the first payment due after the effective date of the increase, we will stop applying the Penalty APR to transactions that occurred prior to or within 14 days after we provided you with notice regarding the APR increase. For balances that we stop applying the Penalty APR to, we will apply APRs that applied prior to the imposition of the Penalty APR.
Sample 1
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Related to Penalty APR

  • Penalty Rates 24.2.1 The following do not apply to Locomotive Running Employees or Train Controllers: • Any time worked on Saturday: Time and a half • Any time worked on Sunday: Double time • Any time worked between 2000 -0600 hours Monday to Friday Time and a quarter

  • Penalty Employees who violate any provision of this law prohibiting strikes or of this Article will be subject to disciplinary action up to and including discharge, and any such disciplinary action by the state shall not be subject to the grievance procedure established herein.

  • Civil Penalty Payment Pursuant to Health and Safety Code§ 25249.7(b)(2), and in settlement of all claims alleged in the Notice or referred to in this Settlement Agreement, XXXX agrees to pay Three Thousand Five Hundred Dollars ($3,500.00) in civil penalties. The penalty payment will be allocated in accordance with California Health and Safety Code§§ 25249.12(c)(1) & (d), with 75% of the penalty amount paid to the California Office of Environmental Health Hazard Assessment ("OEHHA") and the remaining 25% of the penalty amount retained by CRC. Within ten (10) days of the Effective Date, VIGO shall issue a check to “OEHHA” in the amount of Two Thousand Six Hundred and Twenty-Five Dollars ($2,625.00) and shall, pursuant to the instructions below, wire to CRC the amount of Eight Hundred and Seventy-Five Dollars ($875.00). All payments owed to OEHHA (EIN: 00-0000000) pursuant to this Section shall be delivered directly to OEHHA (Memo Line "Prop 65 Penalties") at the following addresses: For United States Postal Delivery Service: Xxxx Xxxxxxx Fiscal Operations Branch Chief Office of Environmental Health Hazard Assessment P.O. Box 4010, MS 19B Sacramento, CA 95812-4010 For Non-United States Postal Delivery Service: Xxxx Xxxxxxx Fiscal Operations Branch Chief Office of Environmental Health Hazard Assessment 0000 X Xxxxxx XX #00X Sacramento, CA 95814 All penalty payments owed to CRC shall be sent via wire to: Wire & ACH Instructions: Account Name: The Law Offices of Xxxxxx X. Xxxxxxx Bank Name: X.X. Xxxxxx Xxxxx Bank, N.A. Bank Address: 000 Xxxx Xxx. New York, NY. 10017 ACH Routing / ABA Number: 000000000 Wire Routing / ABA Number: 000000000 Account Number: 802922919 For further benefit of: Civil Penalty Payment File No. P65-0389

  • Prepayment Penalties 4. Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory to these disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all other terms and conditions of the consumer credit contract shall remain in full force and effect.

  • Termination Fee Charge A. In the event the Judicial Council terminates this Agreement pursuant to the “Termination Other Than for Cause” provision, as set forth in Exhibit A, the Judicial Council may be charged a Termination Fee, not to exceed the amount specified in Exhibit G.

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • Application Fee Prior to the Resident being accepted to The Residence, a non-refundable Application Fee of $100 must be made. This Application Fee applies to each application and is not refundable in the event of cancellation or withdrawal of the Resident’s application. The amount of the Application Fee is detailed in Table 4.

  • GMP Cost Limitation The Guaranteed Maximum Price shall not be in excess of the GMP Cost Limitation.

  • Civil Penalty Payment Method Xxxxxxxxx shall pay the civil penalty by check, credit card, wire transfer, or portal, payable to CARB, using instructions provided separately by CARB in a Payment Transmittal Form. Xxxxxxxxx is responsible for all payment processing fees. Payments shall be accompanied by the Payment Transmittal Form to ensure proper application. CARB shall deposit the civil penalty amount into the Air Pollution Control Fund for the purpose of carrying out CARB’s duties and functions to ensure the integrity of its air pollution control programs. Should payment instructions change, CARB will provide notice to Xxxxxxxxx in accordance with Paragraph 12 (Notices).

  • Work Hour Penalty Eight hours of labor constitute a legal day's work, and forty hours constitute a legal week's work. Pursuant to Section 1813 of the Labor Code of the State of California, the Contractor shall forfeit to the County Twenty Five Dollars ($25) for each worker employed in the execution of this Contract by the Contractor or by any subcontractor for each calendar day during which such worker is required or permitted to work more than the legal day's or week's work, except that work performed by employees of said Contractor and subcontractors in excess of the legal limit shall be permitted without the foregoing penalty upon the payment of compensation to the workers for all hours worked in excess of eight hours per day of not less than 1-1/2 times the basic rate of pay.

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