CRC minimum payment definition

CRC minimum payment for any month means the minimum payment due and payable on the CRC outstanding balance for that month, as determined in accordance with clause 5(d) of the Citibank Ready Credit Customer’s agreement; “CRC outstanding balance” includes all transactions, interest, fees, charges and liabilities (including any QC Minimum Payment) due and payable to us in any month in respect of or in connection with the CRC account and/or pursuant to this Agreement;
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Related to CRC minimum payment

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and