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.
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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;
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Net Charge means Basic Charge plus Tenant's Fuel Adjustment Charge.
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Examples of Net Charge in a sentence

  • Minimum Net Charge For each shipment, Customer agrees to pay the greater of the (a) net shipment charge based on the above incentives or (b) the minimum net shipment charge.

  • No animals (except for companion or guide dogs) will be allowed inside City facilities.

  • Credit Loss Rate = $50 (carried over net credit losses) + $3,000 (Net Credit Losses)$900,000 (Refund Eligible Net Charge Volume) Credit Loss Rate = 0.0034 2.

  • Net Charge per Residue Modulates Conformational Ensembles of Intrinsically Disordered Proteins.

  • Offsets on Travel IBA Refunds Example The following is an example of the quarterly activity for a Travel IBA: Step 1: Check if net credit losses on Travel IBA during the reporting period are greater than or equal to 30 basis points of refund eligible net charge volume.1. $900,000 (Refund Eligible Net Charge Volume) x 30 bp = $2,7002.

  • Net Credit Losses carried over from previous reporting period, if applicable.3. Calculate Dollars Withheld: Multiple Travel IBA Refund Eligible Net Charge Volume by Credit Loss Rate to determine Dollars withheld by Contractor for Credit Loss (Part 2 of Step 3)4.

  • Minimum Net Charge For each shipment, Xxxxxxxx agrees to pay the greater of the (a) net shipment charge based on the above incentives or (b) the minimum net shipment charge.

  • The Gross Refund is determined by multiplying the Net Charge Volume multiplied by the sum of task order net refund (100 bps) and the GSA CAF (6.5 bps).

  • Calculate Agency/Organization Gross Refund: (Travel IBA Refund Eligible Net Charge Volume- Net Credit Losses ≥ 30 bp) x (Gross Basis Points) = Agency/Organization Gross Refund (Step 2)2.

  • 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.

Related to Net Charge

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

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • 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.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Minimum Interest Charge has the meaning given in Section 2.2(b).

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

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

  • development charge means a charge imposed pursuant to this By-law;

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • 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.

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, 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.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

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

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • 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).

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Access Charge has the meaning set out in Clause 6.1;

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

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;