DELINQUENCY CHARGE definition

DELINQUENCY CHARGE means a separate fee, fine, or penalty levied as a result of the late payment of an amount due. For purposes of this part 11, a delinquency charge shall not include any fee, fine, or other penalty imposed:
Sample 1
DELINQUENCY CHARGE. A delinquency charge will be assessed on any payment not received by SPFC within five (5) days of its due date. For commercial accounts, the delinquency charge will be the greater of $10 or 5% of the installment payment. For personal lines accounts, the delinquency charge will be $10.
Sample 1
DELINQUENCY CHARGE. If any installment payable to the Cemetery remains unpaid for a period of more than ten (10) days following its due date, debtor agrees to pay a delinquency charge on such installment in an amount not to exceed five (5%) percent of such installment or fifteen dollars ($15.00) whichever is less. If a default in payment of one installment is thirty (30) days after amount is due, the Cemetery may cancel this contract, retain the money paid on the contract as liquidated damages and dispose of the merchandise free of its obligations in this agreement. Before taking such action, the Cemetery agrees to first mail a registered letter to Purchaser’s address shown on this contract advising of the action the Cemetery intends to take and giving Purchaser sixty (60) days from the date the registered letter is mailed to cure the default by bringing the contract current. 7.
Sample 1

Examples of DELINQUENCY CHARGE in a sentence

  • A DELINQUENCY CHARGE OF ONE AND ONE-HALF PERCENT (1-1/2%) PER MONTH OR EIGHTEEN PERCENT (18%) PER ANNUM OF ANY OUTSTANDING BALANCE NOT PAID WHEN DUE WILL BE ADDED UNTIL PAYMENT IS MADE IN FULL; provided, however, that the delinquency charge shall not exceed the maximum interest rate allowable by applicable law.

  • DELINQUENCY CHARGE of 1.5% per month (18% Annual) will be levied on past due balances.

  • Approving the strategy of diversifying the supply sources By Resolution no.

  • IncentiveC3: RandomisedC4: TargetedPower26.09%30.16%Money19.65%46.17%Leaderboard16.59%5.71%Levels13.01%7.34%Badges13.04%5.98%Access11.61%4.35%Table 3: Incentive Response Distribution - Successful further- ance incentives stimuli broken down by type, for both C3 (ran- domised) and C4 (targeted) conditions.

  • All balances not paid at end of month following publication are subject to a DELINQUENCY CHARGE OF 1.5% per month (annual percentage rate of 18%).

  • DELINQUENCY CHARGE For each installment not paid when due, Buyer agrees to pay Seller a delinquency charge calculated thereon at the rate of 1 1/2% per month for the period of delinquency or, at Seller's option, 5% of such installment, provided that such a delinquency charge is not prohibited by law, otherwise at the highest rate Buyer can legally obligate itself to pay and/or Seller can legally collect.

  • IN NO EVENT SHALL SUCH INTEREST BE CHARGED UPON A DELINQUENCY CHARGE OR ANY AMOUNT OTHER THAN THE AMOUNT DUE.

  • Kami tidak bertanggungjawab terhadap mana-mana individu di atas isi kandungan laporan ini.

  • AN ACTCONCERNING ADJUSTMENTOF THE MAXIMUM DELINQUENCY CHARGE ALLOWED WITH RESPECTTO CONSUMER CREDIT TRANSACTIONS UNDER SECTION 5-3-203 (5) (a), COLORADO REVISED STATUTES.

  • ANY AMOUNT NOT PAID WITHIN 30 DAYS SHALL BE SUBJECT TO A DELINQUENCY CHARGE OF 1.5% PER MONTH UNTIL PAID IN FULL.Public Notice posted in accordance with 610 RSMo as amended Date/Time Posted: Friday, June 22, 2018 4:30 p.m. PLANNING AND ZONING COMMISSION AGENDATUESDAY, JUNE 26, 20187:00 P.M.


More Definitions of DELINQUENCY CHARGE

DELINQUENCY CHARGE. A charge assessed if Concessionaire is more than ten (10) days delinquent in paying to the Authority any Concession Fee or Additional Rent owed to the Authority under this Lease as defined in Section 4.9. Delinquency Rate - Eighteen percent (18%) per annum or the maximum rate of interest allowed by law, whichever is less, as defined in Section 4.9. Delivery Zones - Vendor delivery areas located on the south end of Terminals 1 and 2, and airside on the lower level of the Terminal 2. Discounts - Merchandise discounts given to preferred customers, Airport employees, Concessionaire's employees, suppliers, or any others. The discounted amount may be excluded from the Gross Receipts, but only up to a maximum of two percent (2%) of the Gross Receipts per store per Lease Year as described in Section 4.5. DOT – United States Department of Transportation.
Sample 1
DELINQUENCY CHARGE. Any payment required to be made by Lessee under this Lease (all such payments are hereby agreed to be rent) that remains due and unpaid under the terms of this Lease for a period of 10 days after it becomes due and payable shall be subject to a delinquency charge, for violation of this Lease and as liquidated damages, of $100.00 plus a sum equal to 0.05% (five one-hundredths of one percent) per day of such delinquent payment for each day from the date such payment became due and payable until payment has been received by the Port; provided, however, that said $100.00 amount shall be adjusted at the same time and by the same percentage amount as Monthly Rent is adjusted pursuant to Section 4 hereof. Unpaid delinquency charges that accrue shall be compounded monthly. The delinquency charges provided by this Section are in addition to all other remedies that the Port may have that are provided by this Lease or otherwise by law or in equity with respect to any payment that has become due and has not been paid. The Port as a courtesy may send invoices to Lessee for Monthly Rent hereunder, but the Port's failure to send an invoice, or Lessee's late receipt of an invoice, shall in no event excuse or justify Lessee's non-payment of such rent or payment of such rent later than the first day of the month.
Sample 1
DELINQUENCY CHARGE. Any payment required to be made by Lessee under this Lease (all such payments are hereby agreed to be rent) that remains due and unpaid under the terms of this Lease for a period of 30 days after it becomes due and payable shall be subject to a delinquency charge, for violation of this Lease, equal to ten percent (10%) per annum of such delinquent payment from the date such payment became due and payable until payment has been received by the Port. Unpaid delinquency charges that accrue shall be compounded monthly. The Port shall apply any monies received from Lessee first to any accrued delinquency charges and then to any other payments then due hereunder. The delinquency charges provided by this Section are in addition to all other remedies that the Port may have that are provided by this Lease or otherwise by law or in equity with respect to any payment that has become due and has not been paid.
Sample 1
DELINQUENCY CHARGE. Any payment of Monthly Rent or any other sums (said sums herein deemed to be rent in addition to Monthly Rent) that remains due and unpaid under the terms of this Lease for a period of thirty (30) days after it becomes due and payable shall be subject to a delinquency charge, for violation of this Lease and as liquidated damages, a sum equal to ten percent (10%) per annum of such rental or such other sums until payment of said rental or such other sums have been received by the Port. Unpaid delinquency charges that accrue shall be compounded monthly. The Port shall apply any monies received from Lessee first to any accrued delinquency charges and then to any other rental or other sums then due hereunder. The delinquency charges provided by this Paragraph 4.2 are in addition to all other remedies that the Port may have that are provided by this Lease or otherwise by law to enforce payment of any rental or other sum that has become due and has not been paid.
Sample 1

Related to DELINQUENCY CHARGE

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Delinquency Rate With respect to any calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 days Delinquent or more (including all foreclosures, bankruptcies and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance as of the close of business on the last day of such month.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Delinquency Test means, for any Payment Date, a test that will be satisfied if:

  • Penalty Charges means any amounts collected from the Borrower that represent default charges, penalty charges, late fees and/or default interest, but excluding any yield maintenance charge or prepayment premium.

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each Fiscal Month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day, by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Delinquency means, with respect to each Individual Property, the latest date on which Taxes or Other Charges may be paid (with respect to such Individual Property) without the payment of a premium, penalty or interest.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Delinquency Percentage means, for any Payment Date and the related Collection Period, an amount equal to the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of all 60-Day Delinquent Receivables as of the last day of such Collection Period to (ii) the Pool Balance as of the last day of such Collection Period.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Sixty-Day Delinquency Rate With respect to any Distribution Date on or after the Stepdown Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Stated Principal Balance of all Mortgage Loans 60 or more days delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date (including Mortgage Loans in foreclosure, bankruptcy and REO Properties) and the denominator of which is the aggregate Stated Principal Balance for such Distribution Date of the Mortgage Loans as of the related Due Date (after giving effect to Principal Prepayments, the principal portion of any Liquidation Proceeds and any Subsequent Recoveries received in the related Prepayment Period).

  • Delinquency Event A Delinquency Event shall have occurred with respect to any Distribution Date if the Rolling Three Month Delinquency Rate as of the last day of the immediately preceding calendar month equals or exceeds 53.00% of the Senior Enhancement Percentage for such Distribution Date.

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • MBA Delinquency Method Under the MBA Delinquency Method, a loan due on the first of the month is considered 30 days delinquent when all or part of one or more payments remains unpaid as of close of business on the last Business Day of such month.