Net Charge definition

Net Charge. Off: for any period, the aggregate amount of all unpaid payments due under Contracts which have been charged off during such period, as reduced by the amount of unearned interest, unearned insurance, accrued but unpaid interest, unpaid late charges, repossession recoveries, cash recoveries and amounts recovered in cash from other third parties, with respect to Contracts which had been charged off during previous periods or during such period.
View Source
Net Charge means the amount of gross charge that remains after deduction therefrom of any rebate referred to in clause (2a) or refund of fuel surcharge, if any;
View Source
Net Charge means Basic Charge plus Tenant's Fuel Adjustment Charge.
View Source

Examples of Net Charge in a sentence

  • If the First Loss Tranche is a positive number, then this is the Losses on Single Family Shared-Loss Loans and Net Charge- offs on Shared Loss Assets that the Assuming Bank will incur before loss-sharing commences under Exhibits 4.15A and 4.15B.

  • UPS and Customer, further, agree that the same rate increase applied to the transportation charges will apply to the Minimum Net Charge.

  • The ratio of Matrix Bank's Net Charge --------------------------- Offs to Total Loans (stated as a percentage) to exceed 0.50%.

  • Net Charge Off Ratio is defined as the three year average ratio of Net Charge Offs to Average Loans, as reported in the Company's Form 10-K, for the periods ending 2009, 2010, and 2011.

  • Measure the Company’s achievement of growth in PPNR(TE) less Net Charge Offs over the Performance Period as compared to the Company’s starting based defined as Year-end 2023 PPNR(TE) less 0.30% of Annual Average Loans and Leases.

  • Milestone Dates for payment, specific invoicing arrangements) Net Charge Rate = £XXX per day Maximum working days: XXX Total maximum charge £XXX plus VAT @ 20% = £XXX Notice Period Either party may terminate this Agreement by giving 2 weeks written notice.

  • Net Charge Off Ratio is defined as the three year average ratio of Net Charge Offs to Average Loans for the periods ending 2006, 2007 and 2008.

  • Net Charge Off Ratio is defined as the three year average ratio of Net Charge Offs to Average Loans for the periods ending 2008, 2009 and 2010.

  • FEMA and SHPO will provide guidance to local jurisdictions in identifying staging and landfill sites for debris disposal, chipping of clean vegetative debris, or performing other types of large-scale work efforts, if applicable, that will have minimal or no effect on historic properties.

  • Annual Financial goals (“Plan”), including metrics based upon: Pre Tax Profit Annual Volume Average Delinquency Average Net Charge Off % Shall be determined and mutually agreed and approved by Board of Directors.