Interest Charge definition

Interest Charge means the interest charge for the purpose of Section 3.07.

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Interest Charge means the interest charge for the purpose of Section 3.07. 3. Paragraph 100 (Service Charge) in the Appendix is deleted in its entirety and the subsequent paragraphs are renumbered accordingly, and any reference to “Service Charge” or “Service Charges” in any provision of the General Conditions is deleted.

Interest Charge. The charge set forth in the Schedule of Fees and Charges.

Examples of Interest Charge in a sentence

• If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1.

• Otherwise, the new balance of your account, and subsequent advances from the date they are posted to the account, will be subject to an Interest Charge.

• You agree we may assess, in addition to the Interest Charge, the Other Charges below which charges will be earned when assessed and are not subject to refund or rebate.

• When applicable, we calculate the interest charge for Purchases and other transactions each Billing Cycle as set forth in the Truth in Lending Disclosures provided upon account opening, How We Will Calculate the Interest Charge.

• The Periodic Rate and corresponding Annual Percentage Rate(s) used to compute the Interest Charge are variable and based on the value of an index.

More Definitions of Interest Charge

Interest Charge means the interest charge specified in the Financing Agreement for the purpose of Section 3.02(b).”

Interest Charge. A Finance Charge attributable to the application of a periodic interest rate.

Interest Charge means the interest charge for the purpose of Section 3.08.

Interest Charge means the interest charge specified in the Financing Agreement for the purpose of Section 3.02(b).” 4. Renumbered paragraph 37 (originally paragraph 36) of the Appendix (“Payment Date”) is modified by inserting the words “Interest Charges” between the words “Service Charges” and “Commitment Charges”. 5. Renumbered paragraph 50 (originally paragraph 49) of the Appendix (“Service Charge”) is modified by replacing the reference to Section 3.02 with Section 3.02 (a).

Interest Charge. Dollar amount of interest that the Loan will cost (does not include any Fees) $280,000.00 Interest Rate: (Interest rate paid on Amount of Loan if all payments made as scheduled.) 22.8% per annum Fees: Closing Fee: $15,000.00 (to be deducted from the Loan Amount) Legal Fee: $5,000.00 (to be deducted from the Loan Amount) Returned Payment Fee: $50.00 Default Fee: $15,000.

Interest Charge is added to read as follows:

Interest Charge means interest charged on the following: (i) on fees and charges, including the interest on the said fees and charges, if I opt to pay only the Minimum Amount Due per month; (ii) on the Total Amount Due (less the interest component of the unpaid billed installment amounts of my Installment Loan(s)) when my Ready Credit account is in default at 60 days past due, on my previous and current statements; and (iii) on my Cash Advance transactions starting on the date of the transactions. Such interest is charged based on the daily outstanding balance on my Ready Credit account, which may include unpaid Interest Charges from my previous statements (less the interest component of any outstanding Monthly Installments of my Installment Loan(s))Such interest shall be compounded daily and the interest will continue to accrue until full payment of Total Amount Due plus accrued interest.