Total Interest Charges definition

Total Interest Charges. We set out the total interest charges payable under this Agreement in the SCHEDULE OF PAYMENTS section in these Commercial Terms.

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Total Interest Charges. We set out the total interest charges payable under this Agreement in the SCHEDULE OF PAYMENTS section in these Agreement are set out in the SCHEDULE OF PAYMENTS section in these Commercial Terms. The Payment Amount must be paid on each Payment Date. Commercial Terms.

Total Interest Charges. This is the total amount of the interest charges payable under this agreement. METHOD OF CHARGING INTEREST Interest charges are calculated by multiplying the average unpaid daily balance for the preceding month by a monthly interest rate. The monthly interest rate is calculated by dividing the annual interest rate by 12. Interest is debited to your account on the Payment Dates referred to under the “Payments” section below. CREDIT FEES AND CHARGES The following credit fees and charges (which are not included in the initial unpaid balance) are, or may become payable under, or in connection with, this agreement: • A variation fee of $150.00 if we agree to vary this agreement. • An assignment fee of $150.00 if we agree to an assignment of this agreement. • A refund fee of $10.00 where we refund any over payment. • An account closing fee of $35.00 to be paid when you pay back all moneys you owe us under this agreement. Our General Terms allow us to change the amount of these fees and charges. You are required to make each Payment Amount and Number of Payments below at the Frequency below starting (and including) on the first Payment Date shown on the first row. Each payment is to be made before 4pm on the relevant date. If there is no date which corresponds to the date you are to make your payment, you must make that payment before 4pm on the last day of that month. We will be required to provide you with regular statements. The statements will give you information about your account. A statement will be provided to you 6 monthly.

Examples of Total Interest Charges in a sentence

Advance rental payment(s) $ $ $ Amount of each subsequent rental payment $ $ $ Total amount of rental payments $ (GST incl.) Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate.
Your Statement will include your previous balance, the current transactions on your account, the unused credit available under your Credit Limit, the new balances of purchases and cash advances, the new balance, the Total Interest Charges, other billed fees, and the Required Payment Due.
Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate.
At the end of the Fixed Interest Rate Period the Interest Rate will change to the NBS Variable rate, at which time the Interest Rate can be Fixed as agreed between you and us Total Interest Charges: $x.xx.
Please note that if the Annual Interest Rate changes, the Total Interest Charges will also change.
Total Interest Charges This is the total amount of the interest charges payable under this Agreement $ Initial unpaid balance ("Amount Financed").
Initial unpaid balance $ which is the total amount of the loan you owe us as at the Start Date and is made up as follows: $ Cash Advance $ Insurance – Payment Protection Plan $ Establishment Fee Interest & Method of Charging Interest Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate.
For purposes of this Section, the term "Total Interest Charges" means all cash interest charges of Borrower.
Permit, as of the end of any fiscal quarter, the ratio of EBITDA to Borrower's Total Interest Charges to be lesser than 3.00 to 1.0, calculated on a rolling four-quarter basis.
Dealer NAME Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate.

More Definitions of Total Interest Charges

Total Interest Charges. We set out the total interest charges payable

Total Interest Charges means, in relation to any period, (A) the total amount (without duplication) of (i) all interest, amounts in the nature of interest and commitment, non-utilisation and other periodic fees and commissions accruing in respect of Financial Indebtedness (including in respect of obligations under finance or capital leases or hire purchase payments but excluding amortisation of underwriting, arrangement and similar upfront fees and debt issuance costs) paid or payable by the TCN Group during such period plus (ii) net cash amounts paid or payable by the TCN Group (or minus net cash amounts received or receivable by the TCN Group), as the case may be, under Interest Rate Agreements, in each case in respect of such period plus (iii) discounts suffered and repayment premiums payable by the TCN Group in respect of Financial Indebtedness during such period, in each case to the extent applicable GAAP requires that such discounts and premiums be treated as or in like manner to interest plus (iv) discount fees and acceptance fees payable by the TCN Group or deducted in respect of any Financial Indebtedness of the TCN Group (including all fees payable in connection with any Documentary Credit, any other letters of credit or guarantees and any Ancillary Facility) plus (v) any cash amounts paid or payable by the TCN Group in respect of such period in the form of Permitted Payments the proceeds of which are intended to enable the recipient thereof to fund the payment of amounts owed by such recipient in respect of items of the type described in clauses (i) through (iv) above plus (vi) any other costs, expenses and deductions of the like effect minus (B) all interest received by the TCN Group in respect of cash on deposit with banks or financial institutions, in each case during such period, in the case of each of clauses (i) to (vi) above, excluding any adjustments to such amounts relating to the application of fresh start accounting principles.

Total Interest Charges means all cash interest charges of Borrower.

Total Interest Charges. $ is the total amount of interest charges payable under the Loan Contract.

Total Interest Charges. This is the total amount of the interest charges payable under this agreement. Establishment Fee PPSR Fee The Total Interest Charges are added to the Total Advance (the sum being the “Total Owing”) on the Effective Date so that as at that date the unpaid balance is the Total Owing. CREDIT FEES AND CHARGES Optional Services Vehicle Insurance Gap Insurance Payment Protection Insurance Vehicle Warranty TOTAL ADVANCE: This is the total amount of all advances to be made to you as at the Effective Date. Effective Date: which is the earlier of the date the Balance of the Purchase Price is to be paid by us to the Dealer or the date you took possession of the Vehicle. The following credit fees and charges are, or may become payable under, or in connection with, this agreement: • A variation fee of $150.00 if we agree to vary this agreement. • An assignment fee of $150.00 if we agree to an assignment of this agreement. • A refund fee of $10.00 if we refund any early payment you make to us. • An account closing fee of $35.00 to be paid when you pay back all moneys you owe us under this agreement. Our General Terms allow us to change the amount of these fees and charges. Total Amount of Payments:

Total Interest Charges. This is the total amount of the interest charges payable under this agreement. Establishment Fee METHOD OF CHARGING INTEREST PPSR Fee Interest charges are calculated by multiplying the average unpaid daily balance for the preceding month by a monthly interest rate. Optional Services Property Insurance Gap Insurance Payment Protection Insurance Property Warranty The monthly interest rate is calculated by dividing the annual interest rate by 12. Interest is debited to your account on the Payment Dates referred to under the “Payments” section below. CREDIT FEES AND CHARGES TOTAL ADVANCE: Effective Date Being the date the Advance (referred to above) is to be made or such other date agreed by us. The following credit fees and charges (which are not included in the initial unpaid balance) are, or may become payable under, or in connection with, this agreement: • A variation fee of $20.00 if we agree to vary this agreement. • An assignment fee of $50.00 if we agree to an assignment of this agreement. • A refund fee of $10.00 if we refund any early payment you make to us. • An account closing fee of $35.00 to be paid when you pay back all moneys you owe us under this agreement. Our General Terms allow us to change the amount of these fees and charges. We will be required to provide you with regular statements. The statements will give you information about your account. Statements will be provided to you 6 monthly.