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.

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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

• When Equitable receives a Regular Payment, Equitable will first apply it to Late Interest, if any.

• Seller shall permit Buyer to review and comment on each such Tax Return described in the preceding sentence prior to filing.

• If any Regular Payment is late, Equitable will calculate Late Interest every day at the Fixed Interest Rate on the full amount that is late.

• The Service Receiver will withhold an amount that the Service Provider or its Affiliate (as applicable) is entitled to, together with interest thereon at the Late Interest Rate, as if such amount were past due.

• The Borrower must pay the Late Interest specified in the Special Part and the Compensatory interest rate (specified in the Special Part) is calculated for the period of delay, if the Borrower is late in repaying the Loan Amount or its part later than the date specified in the notice.

More Definitions of Late Interest

Late Interest. This is an additional interest applied upon late repayment of more than the loan duration taken. The fees are going to be 1% of the principal amount for every 7 days until day 30 and 0.5% of the outstanding amount applied daily up to day 40.

Late Interest. Base Interest plus half a percent per month.

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.

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. 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; 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; 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; Date of commencement of a particular Repurchase Transaction as specified in the relevant Confirmation; 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; The interest rate used for establishing the cost of maintaining any cash margin, as set out in Appendix I A;

Late Interest. As defined in Section 4.1.3 and in the "Flex Credit" portion of the Pricing and Terms Page.