Late Interest definition

Late Interest means an amount of money that You must pay to Us in the event of failure to perform financial obligations arising from the Service Agreement or legislation by the due date. Other capitalised terms have the meaning given to them in the General Conditions.
Late Interest means the additional Interest charged by Equitable on both the principal and interest portion, including interest accrued on fees or other charges, of any late Regular Payment. Late Interest will be charged at the Interest Rate.
Late Interest means the additional Interest charged by the Mortgagee on both the principal and interest portion, including interest accrued on fees or other charges, of any late Regular Payment. Late Interest will be charged at the Interest Rate.

Examples of Late Interest in a sentence

  • Interest shall be payable on all amounts not paid on or before the payment due date, over the actual number of days elapsed from the payment due date to the date such amounts are paid, at the Late Interest Rate.

  • Nothing in the foregoing shall limit the Investor’s right to repayment of Investment Amounts, Applicable Interest, or Late Interest Payment (if applicable), that are outstanding but unpaid at the date of termination, or the return of any of its Funds.

  • Nothing in the foregoing shall limit the Borrower’s obligation to make repayment of Investment Amounts, Applicable Interest or Late Interest Payment (if applicable), that are outstanding but unpaid at the date of termination.

  • CCC Late Interest will be paid on the guaranteed amount, as determined by paragraphs (b)(1) and (2) of this section, and will be calculated at a rate equal to the average investment rate of the most recent Treasury 91-day bill auction as announced by the Department of Treasury as of the due date.

  • In applying the Late Interest Rate, interest shall be compounded daily.


More Definitions of Late Interest

Late Interest the interest referred to in Clause 2.06 of the Contract and established in numeral 5 of Annex I of the Contract.
Late Interest has the meaning given in Section 2.5.
Late Interest. Interest calculated on any or all amounts, due from one Party to the other and not paid, at the Late Interest Rate as defined in Appendix I A; "Margin" Any Security and/or, in the event no Securities are available, any sum of money, full title to which has passed to one Party in accordance with the provisions of Article 7 and Appendix I C; "Margin Transaction" Any Repurchase Transaction other than those in respect of which the Parties have expressly excluded, in the relevant Confirmations, the application of the provisions of Article 7 and Appendix I C; "Purchase Date" Date of commencement of a particular Repurchase Transaction as specified in the relevant Confirmation; "Purchase Price" The amount paid by the buyer on the Purchase Date, after taking into account the Haircut, if any, in respect of a given Repurchase Transaction; “Reference RateThe interest rate used for establishing the cost of maintaining any cash margin, as set out in Appendix I A;
Late Interest means, in respect of any amount properly invoiced by the Service Provider and not paid when due, interest accrued on that amount at a rate of the 90 day commercial xxxx rate as published on the Reuters monitor service and applying at 10.30am on the relevant day, plus 2% per annum for the period from (but excluding) the due date to (and including) the date on which the amount is paid, with such interest accruing daily and compounding annually; Law means any rules of common law, statute, regulation, by-law, ordinance or subordinate legislation in force from time to time and, in the case of the Service Provider, includes any applicable industry codes of conduct and any contract or other enforceable obligation of the Service Provider relating to the Deliverables and Services; Launch Date means the date on which an Acceptance Certificate is issued to the Service Provider; Licence has the meaning set out in clause 14.1.
Late Interest. The Purchaser agrees to pay Urban Fringe interest at a rate equal to the prime rate charged by Conexus Credit Union plus 4% per annum on any portion of the Purchase Price or other amounts owing hereunder which are not paid to Urban Fringe when such amount is due. Purchaser Address For Notice: Purchaser’s Solicitor: SCHEDULE “B” FORM OF EXERCISE OPTION The Purchaser, , hereby gives notice to Urban Fringe Developments Ltd. of the exercise of its option as set out at paragraph 4 of the Agreement between Urban Fringe Developments Ltd. and the Purchaser dated . Enclosed herewith is a certified cheque or Solicitor’s trust cheque payable to Urban Fringe Developments Ltd. in the sum of representing the full purchase price less any credits as set out in paragraph 4 of the Agreement and in accordance with a statement of adjustment included herewith and approved by Urban Fringe Developments Ltd. in writing. DATED this day of 20 . If the Purchaser is an Individual: Witness Purchaser If the Purchaser is a Corporation: Insert Name of Corporation Per: Title: SCHEDULE “C” BUILDING AND DEVELOPMENT REGULATIONS Unless the Purchaser receives prior written consent from Urban Fringe to proceed otherwise, the Purchaser shall comply with the building and development regulations set forth in this Schedule “C” (hereinafter referred to as the “Regulations”):
Late Interest means, in relation to interest rates charged to M-Pesa Agents/Agency by use of the facility for late payment.
Late Interest a late payment interest which the Borrower is required to pay the Bank in case of any delay in the performance of the payment obligations arising from the Agreement (except for Interest payment). The Late Interest rate is determined in the Agreement and/or the Price List.