Current Billing Period definition
Examples of Current Billing Period in a sentence
If actual bills for the Current Billing Period are unavailable as of the Closing Date, then such proration shall be made on an estimated basis based upon the most recently issued bills, subject to readjustment upon receipt of actual bills.
If actual bills for the Current Billing Period are unavailable as of the Close of Escrow, then such proration shall be made on an estimated basis based upon the most recently issued bills, subject to readjustment upon receipt of actual bills.
If actual bills for the Current Billing Period are unavailable as of the Closing, then such proration shall be made on an estimated basis based upon the most recently issued bills, subject to readjustment upon receipt of actual bills.
If, as of the Proration Date, Charges for the Current Billing Period shall not have been paid with respect to the period prior to the Proration Date, the amount equal to the unpaid Charges for the period prior to the Proration Date shall be paid by the Owners to the Partnership at the Closing, but the Owners shall not receive any capital account credit on account thereof.
If full payment (excluding Deferrals) was not received by the Payment Due Date, then we assess a periodic rate interest charge on the Purchase Advance Average Daily Balance for the Current Billing Period.
Then we add up all the Cash Advance daily balances for the Current Billing Period and divide the total by the number of days in the Billing Period.
Then we add up all the Purchase Advance daily balances for the Current Billing Period and divide the total by the number of days in the Billing Period.
If you pay in full the entire New Balance (after subtracting all Deferrals) shown on your Previous Monthly Statement on or before the Payment Due Date for that statement, then we do not assess a periodic rate interest charge on the balance of your Purchase Advances during the Current Billing Period.
If, as of the Proration Date, Service Contract Charges for the Current Billing Period shall not have been paid with respect to the period prior to the Proration Date, an amount equal to the unpaid Service Contract Charges for the period prior to the Proration Date shall be paid by the Owners to the Partnership at the Closing, but the Owners shall not receive any capital account credit on account thereof.
We figure the periodic rate interest charge on your Account by multiplying the applicable periodic interest rate (described in Section 15) times the “Cash Advance Average Daily Balance” (for Cash Advances), the “Purchase Advance Average Daily Balance” (for Purchase Advances) and each “Promotional Purchase (or Special Promotional Item) Average Daily Balance” of your Account (as appropriate) for the Current Billing Period.