Paying Interest definition

Paying Interest means an interest held by GNPC in respect of which GNPC pays for the conduct of Petroleum Operations;
Paying Interest. Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date.
Paying Interest with respect to a JOA Group means the sum of the Paying Interests of each Party in the JOA Group derived from its interest in the applicable Tract.

Examples of Paying Interest in a sentence

  • Paying Interest Your due date is at least 25 days after the close of each billing cycle.

  • Penalty APR and When it Applies None Paying Interest Your due date is at least 21 days after the close of each billing cycle.

  • How to Avoid Paying Interest Your due date is at least 25 days after the close of each billing cycle.

  • How to Avoid Paying Interest on Purchases Your due date is at least 25 days after the close of each billing cycle.

  • How to Avoid Paying Interest on Purchases Your due date is at least 23 days after the close of each billing cycle.


More Definitions of Paying Interest

Paying Interest means, in respect of the Interest, the Kosmos Interest or the BP Interest (as appropriate), such interest together with the associated pro rata share of SMHPM’s Participating Interest share of Joint Account costs in accordance with Article 3.4 of the JOA.
Paying Interest means the extent to which a Party is obliged to assume costs and/or expenses, responsibilities and liabilities related to the Carried Obligations as provided for in this Agreement. Petroleum means all substances which are subject to and covered by the Licence, including Crude Oil and Natural Gas.
Paying Interest means each Party’s undivided share, expressed as a percentage to four (4) decimal places, in the Unit Account expense obligations under this Agreement with respect to a specific Unit Operation, equal to the sum of (i) such Party’s Contract Group Paying Interest for the DWT Contract Group with respect to such Unit Operation multiplied by the Tract Participation for the DWT Tract and divided by one hundred (100) and (ii) such Party’s Contract Group Paying Interest for the WCTP Contract Group with respect to such Unit Operation multiplied by the Tract Participation for the WCTP Tract and divided by one hundred (100). “Paying Interest” with respect to a JOA Group means the sum of the Paying Interests of each Party in the JOA Group derived from its interest in the applicable Tract.
Paying Interest. There is no interest-free period for transactions that post to the Account except as provided in any Offer Materials. Transactions are subject to interest from the date they post to the Account until the date they are paid in full. Advance Account Fees: You agree to pay the following Account fees and INTEREST CHARGES. We may add an Advance Transaction Fee INTEREST CHARGE to the Advance balance of the Account for each Advance you obtain during a billing cycle in addition to the interest that accrues on Advances. The Advance Transaction Fee imposed will equal the greater of either a percentage of either a percentage of each Advance or the minimum dollar amount, subject to the maximum dollar amount, shown in the table below. XXXX RECEIVED FROM MINIMUM FEE PERCENTAGE OF CASH FEE MAXIMUM FEE Financial Institution No Minimum 0.0000% No Maximum Cash Equivalent $10.00 4.0000% No Maximum ATM $1.50 2.0000% $10.00 Maximum Balance Transfer No Minimum 0.0000% No Maximum Convenience Check No Minimum 0.0000% No Maximum
Paying Interest. - means, for each operation, a Party's proportionate share (expressed as a percentage) of all the costs and expenses incurred or payable in respect to the applicable operation as set forth in Clause 7.1;
Paying Interest means the respective obligations of the Parties to be liable for and to pay the costs and expenses associated with any and all operations conducted upon the OML 113 Lease or in relation to the OML 113 Lease pursuant to the Joint Operating Agreement and expressed as a percentage of such costs and expenses and determined in accordance with the provisions of Article 2 of this Agreement and includes a Party’s Capital Paying Interest and Operating Paying Interest.
Paying Interest. We begin assessing periodic interest charges on a transaction, fee, or interest charge from the date it is added to your daily balance as described in this Agreement until your Account is paid in full. Your due date will be a minimum of 26 days following the close of each billing cycle. You can avoid periodic interest charges on new purchases when they are first billed to a statement, as described below, but not on cash advances, balance transfers or overdraft advances. If you receive a current monthly statement that includes new purchases, and then make a payment that we receive by the date and time the Minimum Payment is due for that statement, we will not charge periodic interest on any portion of the new purchases on that statement that we allocate such payment to, so long as your current statement also shows that we received payment of the ending balance for your previous month's statement by the date and time its Minimum Payment was due or that the ending balance for your previous month's statement was zero. If you have a balance other than a purchase balance and the other balance carries a higher periodic interest rate, you may not be able to avoid periodic interest charges on new purchases if you do not pay your balance in full each month, because we generally allocate payments first to the balance with the highest periodic interest rate. Penalty APR: If your Account is subject to a Penalty APR it will be applicable to your Account if you: • fail to make any Minimum Payment by the date and time due (late payment); • make a payment to us that is returned unpaid. Before we apply the Penalty APR on any type of transaction or balance, we will provide you any notice required by law in advance that tells you which future transactions and/or outstanding balances are subject to the Penalty APR and when the APRs will increase. If we do not increase your APRs to the Penalty APR when any of these events occur, we reserve our right to increase your APRs to the Penalty APR if any of these events occur in the future. If your APRs are increased on any type of transaction for any of the reasons above, the Penalty APR will be applicable indefinitely to future transactions of that type that occur more than 14 days after we provide you notice about the APR increase. If we do not receive any Minimum Payment within 60 days of the date and time due, the Penalty APR will be applicable to all outstanding balances and future transactions on your Account. However, if we rec...