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. 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. PAYMENTS 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. Total Amount of Payments: 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. CONTINUING DISCLOSURE 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.
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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.
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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 & 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.

  • 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.

  • The Commonwealth Election Commission further may order the annulment of the certificate of incorporation, the dissolution, the suspension of operations, or the revocation of the license, as the case may be, of a juridical person that makes illegal contributions [48].

  • I have made posters and small hand-outs for people to take with the dates and location.

  • Citibank shall advise the Borrower of the outstanding Principal Amount, Total Interest Charges, Monthly Installment(s), early repayment charges, penalties and other amounts due to Citibank under the Loan on such prepayment.

  • Total Interest Charges, NetTotal interest charges, net was $258 million for 2010, which represents a $27 million increase compared to 2009.

  • At page 956 an employee is told s/he has a right to be treated with dignity and respect at work and “you should always treat your colleagues and anyone you come into contact with during your work with courtesy and respect”.

  • This rate is fixed for the term of your Credit Contract (except in relation to any interest free period).• If there is an interest free or deferred and interest free period in your Payment Schedule, the date when interest will start charging to your account.• The Total Interest Charges you will pay.

  • This is in addition to the Total Interest Charges referred to in clause 5.1.

  • Instalments the Total Interest Charges expressed as a percentage of the Premium Loan the insurance policies specified in the Premium Funding Details for each Premium Loan (or as otherwise agreed in writing) the Initial Payment described in the Premium Funding Details for each Premium Loan – this comprises a deposit, the Application Fee and Stamp Duty (if applicable).


More Definitions of Total Interest Charges

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 $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. CONTINUING DISCLOSURE 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.
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Total Interest Charges means all cash interest charges of Borrower.
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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:
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Related to Total Interest Charges

  • Total Interest Expense means, for any period, the sum of (i) the aggregate amount of interest accrued during such period in respect of Indebtedness (including the interest component of rentals in respect of Capital Lease Obligations) of the Company and the Restricted Subsidiaries (determined on a consolidated basis), other than obligations under any Guarantee permitted under subparagraph (x) of Section 7.16, (ii) the aggregate amount of fees accrued in respect of the Letters of Credit hereunder during such period and (iii) the aggregate amount of Commitment Fees accrued hereunder during such period. For purposes of this definition, the amount of interest accrued in respect of Indebtedness for any period (A) shall be increased (to the extent not already treated as interest expense or income, as the case may be) by the excess, if any, of amounts payable by the Company and/or any Restricted Subsidiary arising under any interest rate Swap Contract during such period over amounts receivable by the Company and/or any Restricted Subsidiary thereunder (or reduced by the excess, if any, of such amounts receivable over such amounts payable) and interest on a Capital Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by the Company to be the rate of interest implicit in such Capital Lease Obligation in accordance with GAAP and (B) shall be increased or reduced, as the case may be, by the amount of interest accrued during such period in respect of Indebtedness of the Company or any Restricted Subsidiary in respect of assets acquired or disposed of (including by means of any redesignation of any Subsidiary pursuant to Section 7.08(c)) by the Company or any Restricted Subsidiary on or after the first day of such period, determined on a pro forma basis reasonably satisfactory to the Administrative Agent (it being agreed that it shall be satisfactory to the Administrative Agent that such pro forma calculations may be based upon GAAP as applied in the preparation of the financial statements for the Company, delivered in accordance with Section 7.01 rather than as applied in the financial statements of the Person whose assets were acquired and may include, in the Company’s discretion, a reasonable estimate of savings resulting from any such acquisitions or dispositions, as though the Company or such Restricted Subsidiary acquired or disposed of such assets on the first day of such period.

  • Interest Charges means, for any period, the sum of: (a) all interest, charges and related expenses payable with respect to that fiscal period to a lender in connection with borrowed money or the deferred purchase price of assets that are treated as interest in accordance with GAAP, plus (b) the portion of Capitalized Lease Obligations with respect to that fiscal period that should be treated as interest in accordance with GAAP, plus (c) all charges paid or payable (without duplication) during that period with respect to any Hedging Agreements.

  • Consolidated Total Interest Expense means with respect to any Person for any period, the aggregate amount of interest required to be paid or accrued by a Person and its Subsidiaries during such period on all Indebtedness of such Person and its Subsidiaries outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of any capitalized lease or any synthetic lease, and including commitment fees, agency fees, facility fees, balance deficiency fees and similar fees or expenses in connection with the borrowing of money.

  • Consolidated Interest Charges means, for any period, for the Consolidated Group, all interest expense, including the amortization of debt discount and premium, the interest component under capital leases and the implied interest component under Securitization Transactions, in each case on a consolidated basis determined in accordance with GAAP.

  • Consolidated Cash Interest Charges means, for any period, for the Borrower and its Restricted Subsidiaries on a consolidated basis, that portion of Consolidated Interest Charges that is either paid or required to be paid in cash during such period, but excluding prepayment or similar premiums paid in connection with any prepayment, repurchase or redemption of Consolidated Funded Indebtedness.

  • Consolidated Net Interest Expense means, for any Person for any period, the remainder of the following for such Person and its Consolidated Subsidiaries for such period: (a) interest expense, minus (b) interest income.

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Net Interest Expense means, for any period, the total of (a) Interest Expense for such period minus (b) Interest Expense to Affiliates for such period to the extent included in the amount referred to in clause (a) and related to (i) interest payments on debt obligations that are subordinated to the obligations of the Borrower under this Agreement, (ii) interest on Nonrecourse Indebtedness or (iii) Transitional Funding Instrument Interest.

  • Interest Expense means, for any period, the aggregate of the interest expense of Parent and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

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

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

  • Unsecured Interest Expense means, as to any Person and for any period, all Interest Expense of such Person for such period attributable to Unsecured Indebtedness of such Person.

  • Consolidated Cash Interest Expense means, for any period, the Consolidated Interest Expense excluding any non-cash interest expense of Holdings and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Consolidated Interest Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBIT for the period of the four prior fiscal quarters ending on such date to (b) Consolidated Interest Charges for such period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.

  • Cumulative Interest Expense means, in respect of any Restricted Payment, the sum of the aggregate amount of Consolidated Interest Expense of the Issuer and the Restricted Subsidiaries for the period from and after January 1, 2005 to the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available and immediately preceding the proposed Restricted Payment.

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of (a) all interest expenses of such Person during such period (including interest attributable to Capital Leases) plus (b) all fees in respect of outstanding letters of credit paid, accrued or scheduled for payment by such Person during such period.

  • Consolidated Interest Incurred of the Company for any period means the Interest Incurred of the Company and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, less the sum of (a) interest on any debt paid by the increase in the principal amount of such debt including by issuance of additional debt of such kind, (b) items described in clause (c) or, other than to the extent paid in cash, clause (g) of the definition of “Consolidated Interest Expense” and (c) gross interest income of Borrower and its Subsidiaries for such period.

  • Consolidated Lease Expense for any period, the aggregate amount of fixed and contingent rentals payable by the Parent Borrower and its Restricted Subsidiaries for such period with respect to leases of real and personal property, determined on a consolidated basis in accordance with GAAP.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Consolidated EBITR means, for the Borrower and its Subsidiaries for any period, an amount equal to the sum of (i) Consolidated Net Income for such period, plus (ii) to the extent deducted in determining the Consolidated Net Income for such period (x) Consolidated Interest Expense, (y) income tax expense, and (z) Consolidated Rent Expense, in each case determined on a consolidated basis in accordance with GAAP.

  • Consolidated Secured Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.