Unauthorised Overdraft Interest definition

Unauthorised Overdraft Interest means the interest you pay when you have an Unauthor- ised Overdraft in accordance with Clause 2.6 of Part 3, at such a rate as determined by the Bank from time to time, details of which are available on our website (or on request if not available on our website);
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Unauthorised Overdraft Interest means the Interest supplement at the rate determined by the Bank from time to time in respect of unauthorised overdrawn amounts on a Credit facility in the Account. Chapter Two: Deposits
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Unauthorised Overdraft Interest. A supplement to the interest under this Agreement in respect of a debit balance in the Borrower's Account which is not within an authorised overdraft facility. Utilisation A utilisation of the Facility, i.e., the provision of a Loan. Utilisation Date The date of a Utilisation. VPG Vishay Precision Group, Inc. VPI Vishay Precision Israel Ltd.
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Examples of Unauthorised Overdraft Interest in a sentence

  • If any of the Client’s fees are overdue, the Bank shall be entitled to charge Unauthorised Overdraft Interest for the period of the delay.

  • Interest will be accrued on an Unauthorised Overdraft on a daily basis at the Unauthorised Overdraft Interest Rate and will be debited to the Account on a quarterly basis.

  • The Unauthorised Overdraft Interest Rate is set out in the Schedule.

  • The interest rate applicable to the amount of the Unauthorised Overdraft will be the Unauthorised Overdraft Interest rate plus the Surcharge Interest rate and these rates will be advised to you on your statement (Unauthorised Overdraft Interest may be referred to as Debit interest on your statement).

  • You will be informed of the Unauthorised Overdraft Interest Rate when we notify you of the occurrence of an Unauthorised Overdraft.

  • On the last Business Day of each month, the Customer shall pay all accrued interest in respect of the Overdraft Facility and all Unauthorised Overdraft Interest Charges.

  • It will be charged on the daily closing debit balance using our current Unauthorised Overdraft Interest rate and debited monthly or at such other times as we may require.

  • In particular we will deduct from your account(s) any interest, including any Unauthorised Overdraft Interest, when you exceed your agreed borrowing/overdraft limitor when your account(s) become overdrawn (with or without an overdraft facility in place).

Related to Unauthorised Overdraft Interest

  • authorised person means any person who is designated in writing by the Issuer from time to time to give Instructions to the Agents under the terms of this Agreement;

  • Authorised User means those employees, agents and independent contractors of the Customer who are authorised by the Customer to use the Services.

  • Authorised Users means those employees, agents and independent contractors of Customer or a Customer Affiliate who have been authorised by Customer to use the Products in accordance with these Terms.

  • Unauthorized Gas means (a) the quantity of gas taken by Customer exceeding the amount which is permitted during a Period of Interruption or (b) the difference (whether positive or negative) between the quantity of gas taken by Customer and the volumes provided for under an Operational Flow Order.

  • Deemed Collection Defined in Section 2.4(c).

  • authorised party means the party referred to in Article XIII(3);