Common use of INTEREST AND CHARGES Clause in Contracts

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC statement shall be specified in the CRC statement.

Appears in 15 contracts

Samples: S Agreement, S Agreement, S Agreement

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INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC CRCS accounts and for any additional credit granted pursuant to Clause 2(e2(d) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 $5.00 per month, from the transaction date until the date when full payment of the CRC CRCS outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC CRCS statement shall be specified in the CRC CRCS statement.

Appears in 10 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC CUC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC CUC outstanding balance is received by us. Such interest shall be compounded monthly daily and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC CUC statement shall be specified in the CRC CUC statement.

Appears in 6 contracts

Samples: S Agreement, S Agreement, S Agreement

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC statement shall be specified specified in the CRC statement.

Appears in 1 contract

Samples: S Agreement

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day/366-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC statement shall be specified specified in the CRC statement.

Appears in 1 contract

Samples: RCPL Agreement

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC accounts and for any additional credit granted pursuant to Clause 2(e2(d) of this Agreement based on a 365-day/366-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC statement shall be specified in the CRC statement.

Appears in 1 contract

Samples: RCPL Agreement

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INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC CUC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day/366-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC CUC outstanding balance is received by us. Such interest shall be compounded monthly daily and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC CUC statement shall be specified in the CRC CUC statement.

Appears in 1 contract

Samples: S Agreement

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC CUC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC CUC outstanding balance is received by us. Such interest shall be compounded monthly daily and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC CUC statement shall be specified specified in the CRC CUC statement.

Appears in 1 contract

Samples: S Agreement

INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day/366-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC statement shall be specified in the CRC statement.

Appears in 1 contract

Samples: RCPL Agreement

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