Balance Conversion definition

Balance Conversion means a plan to convert the eligible Cardmember’s outstanding balances in respect of a Card into a term loan/financing.
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Balance Conversion means a plan to convert the eligible Cardmember(s) outstanding balances of RHB Card (as defined in clause 5 below) into an instalment plan.
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Examples of Balance Conversion in a sentence

  • Cash Instalment Plan Get cash from your credit card and pay it off on installment at low interest rates Card Balance Conversion Plan Use your card for straight purchases and then convert them into affordable monthly installment after.

  • All Pre-Installment Conversion Shares and Installment Balance Conversion Shares shall be fully paid and nonassessable shares of Common Stock (rounded to the nearest whole share).

  • On the third (3rd) Trading Day immediately after the end of the Company Conversion Measuring Period (the "Installment Settlement Date"), the Company shall direct Vasogen to, and upon such direction Vasogen shall or shall cause the Transfer Agent to, deliver to the Holder's account with DTC a number of additional Conversion Shares, if any, equal to the Installment Balance Conversion Shares.

  • On the second (2nd) Trading Day immediately after the end of the applicable Measuring Period, the Company shall deliver a notice setting forth the calculation of the Installment Balance Conversion Shares (and the calculation of the component parts of such calculation) to the Holders.

  • In such event of an early settlement, an early settlement fee shall be applicable and charged on the remaining Balance Conversion Plan capital outstanding amount.

  • On the third (3rd) Trading Day immediately after the end of the Maturity Conversion Measuring Period (the "Maturity Settlement Date"), the Company shall direct Vasogen to, and upon such direction Vasogen shall or shall cause the Transfer Agent to, deliver to the Holder's account with DTC a number of additional Common Shares, if any, equal to the Maturity Balance Conversion Shares.

  • HSBC’s instalment plan programmes which are the Card Balance Transfer (CBT), Card Balance Conversion and Card Instalment Plan (CIP) are governed by separate terms and conditions which are issued to the Cardholder at the time of enrolling in to such programmes.

  • Citi Cash Advance transactions and unbilled Monthly Installments Due of Installment Transactions are not convertible under the Citi Balance Conversion facility.

  • If you qualify for Citi Balance Conversion, this facility allows you to convert a portion of your Retail balance (i.e., outstanding balance excluding Citi Cash Advance) into an Installment Transaction.

  • HSBC‟s instalment plan programmes w h i c h a r e t h e Card Balance Transfer (CBT), Card Balance Conversion and Card Instalment Plan (CIP) are governed by separate terms and conditions which are issued to the Cardholder at the time of enrolling in to such programmes.