Interest Charge. The Owner will charge interest at the rate of Two percent (2%) per month on any rent delinquent by more than sixty (60) days. Such interest will be in addition to the late charge and the Owner is authorized to apply security deposit to these items. In the event the delinquent account is turned over a collection agency Student agrees to pay all fees associated with collecting the delinquent rent. This could add up to an addition 50 percent (50%) on top of amount owed.
Interest Charge. The Recipient shall pay the Association interest on the Withdrawn Credit Balance at the rate specified in the Financing Agreement. Interest shall accrue from the respective dates on which amounts of the Credit are withdrawn and shall be payable semi-annually in arrears on each Payment Date. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.”
Interest Charge. Method of Computing Balance Subject to Interest Rate: We calculate the periodic rate or interest portion of the INTEREST CHARGE by multiplying the applicable DPR by the ADB (including new transactions) of the Purchase, Advance and Balance Transfer categories subject to interest, and then adding together the resulting interest from each category. We determine the ADB separately for the Purchases, Advances and Balance Transfer categories. To get the ADB in each category, we add together the daily balances in those categories for the billing cycle and divide the result by the number of days in the billing cycle. We determine the daily balances each day by taking the beginning balance of those Account categories (including any billed but unpaid interest, fees, credit insurance and other charges), adding any new interest, fees, and charges, and subtracting any payments or credits applied against your Account balances that day. We add a Purchase, Advance or Balance Transfer to the appropriate balances for those categories on the later of the transaction date or the first day of the statement period. Billed but unpaid interest on Purchases, Advances and Balance Transfers is added to the appropriate balances for those categories each month on the statement date. Billed but unpaid Advance Transaction Fees are added to the Advance balance of your Account on the date they are charged to your Account. Any billed but unpaid fees on Purchases, credit insurance charges, and other charges are added to the Purchase balance of the Account on the date they are charged to the Account. Billed but unpaid fees on Balance Transfers are added to the Balance Transfer balance of the Account on the date they are charged to the Account. In other words, billed and unpaid interest, fees, and charges will be included in the ADB of your Account that accrues interest and will reduce the amount of credit available to you. Credit insurance charges are not included in the ADB calculation for Purchases until the first day of the billing cycle following the date the credit insurance premium is charged to the Account. Prior statement balances subject to an interest-free period that have been paid on or before the payment due date in the current billing cycle are not included in the ADB calculation. There is a minimum INTEREST CHARGE Fee in any billing cycle in which an INTEREST CHARGE is due. As described above, this Agreement provides for the compounding of interest on your Account.
Interest Charge. This is a finance charge on the balance outstanding in the Card Account. The charge is based at the prescribed rate calculated on a daily rest basis in accordance to the Cardholder’s payment record under 3 scenarios (“Tiered Finance Charge”) as set out in the Schedule of Fees & Charges in Appendix 1. The Tiered Finance Charge apply to all except (1) Cash Advance (2) QuickCash program (3)
Interest Charge. Once it is agreed by Equity that the Theatre is in default of fees or other monies due to any Artist, or when a settlement or arbitration award has been finally determined, the Theatre agrees to pay one (1%) percent per month interest, beginning thirty (30) days from the date the claim was due and ending when the claim is paid. Such interest shall be added to and payable as part of said claim.
Interest Charge. The Client agrees to pay interest on all overdue Debit Balances (including interest arising after a judgment debt is obtained against the Client) charged at an annual rate of eight (8) per cent above the best lending rate (Prime Rate) on Hong Kong dollars quoted by bank from time to time or at such rate as be stipulated by USL’s sole discretion from time to time.
Interest Charge. Landlord will charge interest at the rate of five dollars ($5.00) per day, or part thereof, on any rental payment that is delinquent by more than five (5) days. Such interest will be in addition to the late charge and the administration fee. Landlord is authorized to apply against Tenant’s security deposit at the conclusion of Tenancy. By way of example, this provides that: • on the tenth day of delinquency, all rents plus $75.00 would be due ($50 late charge plus $5 per day for days six through ten.) • on the sixtieth (60th) day of delinquency, all rents plus $325.00 would be due; et cetera.
Interest Charge. The INTEREST CHARGE calculation method applicable to your Account for Purchases, Cash Advances, balance Transfers, and Checks that you obtain through the use of your Account or Card is the Average Daily Balance (including new purchases) as specified on your monthly periodic statement and explained below: Purchases. To avoid incurring additional INTEREST CHARGE on the balance of purchases reflected on your periodic statement and, on any new purchases appearing on your next periodic statement, you must pay the New Balance in full shown on your monthly statement on or before the Payment Due Date. The grace period for the New Balance of purchases extends to the Payment Due Date. We calculate the INTEREST CHARGES for a billing cycle by applying the monthly Periodic Rate to the Average Daily Balance of purchases. To get the Average Daily Balance, we take the beginning balance of your account each day, add any new purchases and subtract any payments, credits, non-accruing fees, and unpaid INTEREST CHARGES. This gives us the daily balance. Then we add all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. This gives us the average daily balance.
Interest Charge. An Interest Charge will be imposed on purchases included in the New Balance that remain unpaid on the 10th day of the month following the billing cycle. This “grace period” allows you to avoid an Interest Charge on purchases for a billing cycle. However, if you do not pay the New Balance for purchases within the grace period, your Interest Charge will accrue on any purchase transactions from the date of purchase. For Platinum Cards - Your Account has a fixed Periodic Rate and corresponding Annual Percentage Rate (Interest Rate) as follows: • Purchases & Balance Transfers - Periodic Rate. 0.026027% and Annual Percentage Rate (Interest Rate) 9.5%. • Cash Advances - Periodic Rate. 0.035342% and Annual Percentage Rate (Interest Rate) 12.9%. For Classic, Student & Secured Cards - Your Account has a fixed Periodic Rate of .035342% and Annual Percentage Rate (Interest Rate) of 12.9%. Interest Charges are calculated at the daily Periodic Rate (the Annual Percentage Rate divided by 365; for example, an APR of 12.9% would have a daily Periodic Rate of 0.035342%),on the average daily balances of purchases, balance transfers and cash advances in the account. We figure the Periodic Interest Charge on your Account by applying the Periodic Rate to the “Average Daily Balance” of the account including current purchases and cash advances for your Account. We take the beginning purchase and cash advance balances of your Account each day, add any new purchases and cash advances and subtract any payments or credits, unpaid Interest Charges and unpaid late charges to get the daily balance. We then add up all the daily balances and divide by the number of days in the billing cycle to get the Average Daily Balance. The Interest Charge is determined by multiplying the average daily balance by the number of days in the billing cycle and applying the Periodic Rate to the amount. No Interest Charge is imposed on purchases to the extent payments and credits for purchases are made on or before the 10th day of the month following the previous billing cycle.
Interest Charge. An interest charge at the rate specified in this Loan Agreement shall be payable on the principal amount of the Loan withdrawn from the Loan Account and outstanding from time to time. The interest charge shall accrue from the respective dates on which amounts shall be withdrawn from the Loan Account. ADB shall be entitled to withdraw from the Loan Account and pay to itself, on behalf of the Borrower, the amounts required to meet interest charge payments, when and if due.
