Additional Finance Charges Sample Clauses

Additional Finance Charges. Subject to Section 4.05 of the Agreement, Additional Finance Charges with respect to the Series in Group One for any Distribution Date shall be allocated to Series 1997-3 in an amount equal to the product of (i) the aggregate amount of Additional Finance Charges with respect to all the Series in Group One for such Distribution Date and (ii) a fraction, the numerator of which is the Finance Charge Shortfall for Series 1997-3 for such Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Series in Group One for such Distribution Date. The "Finance Charge Shortfall" for Series 1997-3 for any Distribution Date shall be equal to the excess, if any, of (x) the full amount required to be paid pursuant to Section 4.05(a) (excluding Section 4.05(a)(xv)) on such Distribution Date over (y) Available Finance Charge Collections (excluding any Additional Finance Charges from other Series in Group One that are allocated to Series 1997-3 on such Distribution Date) with respect to the related Monthly Period.
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Additional Finance Charges. On each Distribution Date, (a) the Servicer shall allocate Additional Finance Charges with respect to the Series in a Group to each Series in such Group, pro rata, in proportion to the Finance Charge Shortfalls, if any, with respect to each such Series and (b) the Servicer shall withdraw (or shall instruct the Trustee to withdraw) from the Collection Account and pay to the Transferors an amount equal to the excess, if any, of (x) the aggregate amount for all outstanding Series in a Group of the amounts which the related Supplements specify are to be treated as "Additional Finance Charges" for such Distribution Date over (y) the aggregate amount for all outstanding Series in such Group which the related Supplements specify are "Finance Charge Shortfalls" for such Distribution Date; provided, however, that the sharing of Additional Finance Charges among Series in a Group will continue only until such time, if any, at which a Transferor shall deliver to the Trustee an Officer's Certificate to the effect that, in the reasonable belief of such Transferor, the continued sharing of Additional Finance Charges among Series in any Group would have adverse regulatory implications with respect to such Transferor or the Account Owner. Following the delivery by a Transferor of such an Officer's Certificate to the Trustee there will not be any further sharing of Additional Finance Charges among Series in any Group.
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Additional Finance Charges. Subject to Section 4.05 of --------------------------- the Agreement, Additional Finance Charges with respect to the Series in Group One for any Distribution Date shall be allocated to Series 2000-3 in an amount equal to the product of (i) the aggregate amount of Additional Finance Charges with respect to all the Series in Group One for such Distribution Date and (ii) a fraction, the numerator of which is the Finance Charge Shortfall for Series 2000-3 for such Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Series in Group One for such Distribution Date. The amount of Additional Finance Charges, if any, for Series 2000-3 for any Distribution Date shall be the "Series 2000-3 Additional Finance Charges" specified in the Transfer and Administration Agreement. On each Distribution Date, the Trustee shall deposit into the Collection Account for application in accordance with Section 4.05 of the Agreement the aggregate amount of Additional Finance Charges for Series 2000-3 received by the Trustee pursuant to the Transfer and Administration Agreement on such date. The "Finance Charge Shortfall" for Series 2000-3 for any Distribution Date shall be equal to the excess, if any, of (x) the full amount required to be paid pursuant to Section 4.05(a) (excluding Section 4.05(a)(xvi)) and, without duplication, pursuant to Sections 3.02(a)(i), 3.02(a)(iii) and 3.02(a)(iv) of the Transfer and Administration Agreement on such Distribution Date over (y) Available Finance Charge Collections (excluding any Additional Finance Charges from other Series in Group One that are allocated to Series 2000-3 on such Distribution Date) with respect to the related Monthly Period.
Sample 1
Additional Finance Charges. 7.1 Should the Borrower fail to pay on due date any amount falling due or payable to the Bank under or arising from this Agreement then, without prejudice to such other rights as may accrue to the Bank consequent upon such failure, the total outstanding amount shall bear additional interest at a rate equivalent to the Interest Rate as agreed in the Pre-Agreement Statement and capitalised in terms of paragraph 2 above.
Sample 1
Additional Finance Charges. Subject to Section 4.05 of the Agreement, Additional Finance Charges with respect to the Series in Group One for any Distribution Date shall be allocated to Series 2000-1 in an amount equal to the product of (i) the aggregate amount of Additional Finance Charges with respect to all the Series in Group One for such Distribution Date and (ii) a fraction, the numerator of which is the Finance Charge Shortfall for Series 2000-1 for such Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Series in Group One for such
Sample 1
Additional Finance Charges. As finance charges in addition to interest as provided in paragraph 1 above, Borrower agrees to pay Lender Contractual Payments, as defined below, of seven percent (7%) from the twenty (20) existing wells in the Fairview Area (the "Exisxxxx Wells"), consisting of Fairview Wells Xxx. 1 through 20, on Petroleum Xxxxes Nos. 90, 91 and 92, as set forth on the map attached hereto as Attachment 1, and from the New Wells, as defined in the Loan Agreemexx. Such payments will be made with respect to all production on Existing Wells beginning with such production xxxxx the date the Loan is made to Borrower, and such payments shall cease with respect to such production after the date the Loan is repaid in full. As to the New Wells, such payments will continue fox xx long as they are producing. Such amounts shall be paid by Borrower to Lender on a quarterly basis with respect to, and within forty-five (45) days following the end of, each calendar quarter during which production royalties are paid. "Contractual Payments" are the contractual right to receive a percentage of the gross proceeds of the crude oil, natural gas, condensate and other hydrocarbons produced and sold, free of cost and without reduction for drilling, development, operating, marketing or production expenses or other costs incident to the production and sale of hydrocarbons produced, except for production and severance taxes, if any.
Sample 1

Related to Additional Finance Charges

  • Finance Charges A finance charge is the cost you pay for credit. We will charge Interest Charges and Fees to your account as described to you in your statements and other Truth in Lending Disclosures. The fol- lowing describes how the finance charge will be calculated on the M-124281 Account. You have a 25-day grace (no finance charge) period on your pur- chase balance and for new purchases if you paid the entire New Balance on your last statement by the end of the grace period. You also have a 25-day grace period for new purchases if you did not have a balance on your last statement. The grace period starts on the billing cycle closing date. If you do not pay the entire New Balance by the end of the grace period, a finance charge will be imposed on the unpaid balance from the first day of the next billing cycle and on new purchases from the date they are posted to your Account. There is no grace period for cash advances. A finance charge will be imposed on cash advances from the date the cash advance is posted to your Account. Balance transfers as permit- xxx by Credit Union from time to time in Credit Union’s sole discre- tion will be treated as cash advances for the purpose of all finance charges and finance charge calculations. Finance charges on your Account are calculated by applying the applicable Monthly Periodic Rate to the average daily balances for purchases and cash advances. Separate average daily balances are calculated for purchases and cash advances. To get each av- erage daily balance, the daily balances for purchases and cash advances for the billing cycle are added and the totals are divided by the number of days in the cycle. To get the daily balance for cash advances, new cash advances are added to the day’s begin- ning balance and payments and credits are subtracted. To get the daily balance for purchases, new purchases are added to the day’s beginning balance and payments and credits are subtracted; how- ever, new purchases are not added if you paid the entire New Bal- ance on your last statement by the end of the grace period or if you did not have a balance on your last statement. Fees and unpaid finance charges are not included in the calculation of the average daily balance. Finance charges will continue to accrue on your Ac- count until what you owe under this Agreement is paid in full. Credit Union may offer balance transfer, introductory rate, or other special rate promotions for your Account from time to time in Credit Union’s sole discretion. The applicable Monthly Periodic Rate and ANNUAL PERCENTAGE RATE for any promotion and any promo- tion terms and conditions will be disclosed to before or at the time you make use of such promotion.

  • Additional Fees The Borrower has agreed to pay to the Administrative Agent and the Arranger additional fees, the amount and dates of payment of which are embodied in the Fee Letter.

  • Allocations of Finance Charge Collections The Servicer shall allocate to the Series 1997-1 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

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