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 the applicable Seller Entity maintained in the ordinary course of business of the Seller Entities in accordance with the internal controls and procedures of the Seller Entities, consistently applied.
Examples of Accrued Interest and Fees in a sentence
The limitation and reduction set forth in the preceding sentence shall not apply to the extent that the Accrued Interest and Fees with respect to such monthly period (or portion thereof) that are due to any Tranche B-1 Lender exceeds the Actual Fee Amount of such Tranche B-1 Lender as a result of interest accrued and due to such Tranche B-1 Lender pursuant to Section 2.16(b) as a result of the conversion of Tranche B-1 Loans to ABR Loans during a Tranche B-1 ABR Conversion Period and/or Section 2.16(d).
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.
To develop the collection it is also relevant to know what the proportion of twenty-first century titles is, likewise titles from the 1990s.
Seller agrees that to the extent Seller receives any principal, interest or fees with respect to the Assigned Interest after the Closing that is (i) duplicative of the principal or Accrued Interest and Fees paid by Buyer to Seller on the Closing Date or (ii) attributable to the period from and after the Closing Date, Seller will hold such amounts for the sole benefit of Buyer, and promptly transfer such amounts to Buyer in the form received to Buyer’s wire instructions set forth on Schedule I hereto.
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, 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 (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 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 (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 (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.