Rejection Fee definition
Examples of Rejection Fee in a sentence
Any payment rejected through the direct debit processing system may have a $15.00 Direct Debit Rejection Fee added to the account.
If the EFT is rejected by the Member’s bank or similar financial institution, an EFT Rejection Fee of not more than Twenty Dollars and No/100 ($20.00) or five percent (5%) of the face amount of the draft (whichever is greater) will be added to the unpaid balance on the Member’s account.
If a Cyclone Payment Event (as hereinafter defined) occurs, Cyclone shall pay Hurricane (by wire transfer of immediately available funds), within two (2) Business Days following such Cyclone Payment Event (except in the case of a termination pursuant to Section 10.01(d)(iii) in which case the Hurricane Rejection Fee must be paid prior to and as a condition to the effectiveness of the termination triggering the Cyclone Payment Event), a fee of $150,000,000 (the “Hurricane Rejection Fee”).
Provided, however, that if Borrower fails to deliver any of the Refinancing Requirements on or before the applicable dates set forth above such failure shall not constitute a Termination Event if Borrower pays to the Creditors, on or before the applicable dates set forth above, a fee in the amount of $100,000 for each such failure (each a "Refinancing Rejection Fee"), which Refinancing Rejection Fee shall be distributed on a pro rata basis and shall be fully earned when paid.
The payment of any Refinancing Rejection Fee by Borrower in connection with the failure to deliver any Refinancing Requirement will not relieve Borrower of its obligation to deliver any subsequent Refinancing Requirement or, if applicable, to pay any Refinancing Rejection Fee in connection therewith.
Should the Customer’s debit order be rejected by their bank, Centracom will charge a Rejection Fee of R50 for the first rejection, and R100 for any subsequent rejections.
S10.8 Remake / Additional Calls (See Clause 10.1) 100% of the Daily Performance Fee stipulated in 10.1 S10.9 Rejection Fee (See Clause 6) 100% of the Total Performance Fee stipulated in 10.2 (i.e. no usage fee payable) S10.10 Overtime Fee (See Clause 10.8) 10% of the Daily performance fee stipulated in 10.1 for every hour or part thereof worked overtime (11 Hours Adults, 8 Hours Children) S10.11 Call Cancellation Fee (See Clause 10.3) 100% of the Fee per call.
Subject to the provisions of sub-Clause 6.6 there shall be no right to reject the Photographs on the basis of style or composition unless a Rejection Fee is paid by the Client.
You agree that in the event of your subscription payment rejecting that you are liable for a Rejection Fee.
Debit Rejection Fee All Direct Debit Memberships Added to Member account when a Direct Debit payment fails to be made.