Definitions and Explanations Sample Clauses

Definitions and Explanations. 1.1 In this Agreement, the words below mean the following:
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Definitions and Explanations. In these Terms and Conditions these words and phrases have the following meanings:
Definitions and Explanations. In the Contract, the following terms have meanings as below.
Definitions and Explanations. In this agreement, the words and expressions set out below have the following meaning: Interest means the charge paid by the borrower to the lender for using the loan amount; Interest rate means the amount of interest expressed as a percentage; Final date of use means the day on which the borrower must have repaid in full, in accordance with the payment schedule submitted to them, the credit amount drawn by them; User limit means the maximum amount that the borrower determines by agreement with the lender and within which the lender makes a loan available to the borrower; Customer account means the borrower’s personal account that is created via the lender’s website and through which the borrower can submit loan applications within the credit limit and user limit made available to them; Customer agreement means these and future general terms and conditions of the loan agreement as established by the lender; Account management fee means the fee for the management of the customer account. The borrower pays the account management fee on a monthly basis if the borrower has drawn down the credit amount or has outstanding interest or service fees; Total cost of credit means the credit limit, the interest payable until the final date of use and the account management fee. The total cost of credit does not include the fees arising from the breach of the obligations arising from the agreement and payable by the borrower to the lender. The total cost of credit is calculated as of the moment of entry into the agreement on the presumption that the borrower draws down the credit limit without delay and in full and repays it on the final date of use; Annual percentage rate is stated as a percentage of the credit limit and it expresses the burden of the costs arising from using the credit limit and placed on the borrower per year. The annual percentage rate set out in the agreement is calculated as of the moment of entry into the agreement or an amendment to the agreement and it is only in effect if the borrower performs their obligations arising from the agreement by the agreed deadlines and under the agreed terms and conditions. The annual percentage rate is calculated on the presumption that the borrower draws down the credit limit without delay and in full. The lender calculates the annual percentage rate using the formula approved by the Minister of Finance of the Republic of Estonia and rounds off the obtained result to the accuracy of two decimals; Credit limit or...
Definitions and Explanations. 1.1 The following terms have following meanings in this Agreement, unless the context indicates otherwise:
Definitions and Explanations. 1.1 Definition In this circular, unless the context requires otherwise, the following expressions have the following meaning: “Agreement provision” Provision of materials “Existing Continuing Connected Transaction Agreementsthe agreement in relation to the Existing Continuing Connected Transactions entered into between Yankuang Group and the Company on 10 January 2006, namely, the Provision of Materials and Water Supply Agreement
Definitions and Explanations. 1.1 Revolving Line of Credit referred to in the Contract is the maximum amount of the credits (including but not limited to such on-or-off balance sheet businesses as a loan, a commitment of loan, an acceptance, a discount cash, a bond buy-back, a business financing, a factor, a letter of credit, a letter of guarantee, an overdraft, an inter-bank lending, a guaranty, etc.) that will be determinated in succession during a given term (i.e. Claim-determinating Term). It is the summation of the balances of a credit Party A grants Party B during a given term, including the following two portions of undue balances of claim and due but unpaid balances of claim:
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Definitions and Explanations. Unless the context otherwise indicates in this contract, the following terms shall have the following specific meanings.
Definitions and Explanations. 12.1 In these Standard Terms and Conditions, and the Agreement, the following words and phrases will have the following meanings: Agreement means the Agreement between ETE and the Customer for the provision of Services the terms of which are fully set out in the Quotation and these Standard Terms and Conditions and any additional Special Conditions. Customer means the company or person described in the Quotation as “the Customer” and includes where applicable its owners, principals, lawful successors, assignees and contractors. Day means a period of 24 hours. Day-Rate means the AUS$ rate per Day shown in the Quotation.
Definitions and Explanations. A. Definitions.
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