Unauthorised Overdraft Rate definition

Unauthorised Overdraft Rate means an interest Charge that will be made where your Account is overdrawn without prior agreement. It will apply to the amount by which the Account is overdrawn and in addition to the Surcharge Interest Rate. Please refer to our Rates and Products Guide for details.
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Unauthorised Overdraft Rate means an interest Charge that will be made in addition to the Surcharge Rate where your Account is overdrawn without prior agreement. It will apply to the amount by which the Account is overdrawn. Please refer to our Interest Rates for Business Customers for details
Sample 1Sample 2Sample 3
Unauthorised Overdraft Rate means an interest Charge that will be made in addition to the Surcharge Rate where your
Sample 1Sample 2Sample 3

Examples of Unauthorised Overdraft Rate in a sentence

  • Lateral cephalometric films were first scanned with a scanner (EPSON Scanner PerfectionV700) at 300 dpi resolution and transferred to the computer.

  • The Business High Interest Reserve Account must be maintained in credit at all times otherwise you will be charged the Bank’s Unauthorised Overdraft Rate and Surcharge Rate and Charges will also apply.

  • Interest will be payable on amounts owing in excess of the agreed limit at Lloyds Bank Unauthorised Overdraft Rate (presently 2.0% per month, Equivalent Annual Rate 24.0%).

  • Where borrowing exceeds the maximum aggregated amount borrowing will be charged at a rate equal to the Bank’s Unauthorised Overdraft Rate (presently 2.2% per month / 26.4% per annum).

  • Interest will be payable on amounts owing in excess of the agreed limit at Lloyds Bank Unauthorised Overdraft Rate (presently 2% per Annual Rate 24%).

  • The borrower(s) agree(s) and undertake(s) to pay the Unauthorised Overdraft Rate as mentioned above or such other rates as specified by the Bank from time to time for overdrafts against fixed deposits for all amounts overdrawn on the borrower’s account(s) within the overdraft limits authorised by the Bank.

  • Interest will be payable on amounts owing in excess of the agreed limit at Lloyds Bank Unauthorised Overdraft Rate (presently 2% per month, Equivalent Annual Rate 24%).

  • Interest will be payable on amounts owing in excess of the agreed limit at Lloyds Bank Unauthorised Overdraft Rate (presently 13%).


More Definitions of Unauthorised Overdraft Rate

Unauthorised Overdraft Rate means an interest Charge
Sample 1Sample 2Sample 3
Unauthorised Overdraft Rate means an interest Charge that will be made where your Account is overdrawn without prior agreement. It will apply to the amount by which the Account
Sample 1Sample 2

Related to Unauthorised Overdraft Rate

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Unintentional Overadvance means an Overadvance which, to the Agent’s knowledge, did not constitute an Overadvance when made but which has become an Overadvance resulting from changed circumstances beyond the control of the Credit Parties, including, without limitation, a reduction in the Appraised Value of property or assets included in the Borrowing Base or misrepresentation by the Loan Parties.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • authorised bank means a bank or a branch of a bank authorised by the Central Government to collect the tax or any other amount payable under this Act;

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

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • authorised person means the Client or any person (including any individual or entity) authorised by the Client to act on its behalf in the performance of any act, discretion or duty under this Agreement (including, for the avoidance of doubt, any officer or employee of such person) in a notice reasonably acceptable to the Custodian.

  • Overdraft means any payment or transfer of funds on behalf of a Fund or series of a Fund for which there are, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund or series thereof.

  • Rate Fixing Date means, for each Disbursed Amount, the first day of the Interest Period next following the Interest Period in which such Disbursed Amount is withdrawn.

  • FX Rate means the “noon exchange rate” as reported by the Bank of Canada on any relevant date or if applicable, the rate calculated by the Calculation Agent, between the Canadian dollar and the foreign currencies into which some Reference Shares are denominated, expressed as the amount of Canadian dollars per one unit of foreign currency.

  • 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.

  • Applicable Commitment Fee Rate means:

  • authorised agent means a passenger sales agent who has been appointed by us to represent us in the sale of air transportation on our services.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.”