Billing Cycle definition

Billing Cycle for any Mortgage Loan and Collection Period means the billing period specified in the related Credit Line Agreement and with respect to which amounts billed are received during the Collection Period.

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Billing Cycle. With respect to any Mortgage Loan and Due Date, the calendar month preceding such Due Date.

Billing Cycle means the time interval between periodic billing statement dates.

Examples of Billing Cycle in a sentence

• Then we add up all those daily balances and divide by the number of days in the Billing Cycle.

• Billing Cycle – The time interval covered by a monthly statement.

• New Balance – The total outstanding Account balance as of the Closing Date of a Billing Cycle, as specified in a monthly statement.

• Except with respect to Purchases subject to Invoice Billing as described below, for each day in the Billing Cycle, CFSL takes your previous Account Balance, adds any Purchases and Balance Transfers, and subtracts any payments received, disputed amounts, or other credits.

• Subscription Fees are based on the Term selected by you ("Billing Cycle") that begins on the date access to the Service is granted to you and continues through to end of the current Billing Cycle.

More Definitions of Billing Cycle

Billing Cycle means in relation to a Supply Point, the frequency of the invoicing set for it on the Contract Information Pack;

Billing Cycle means the regular recurrent period in which a customer

Billing Cycle means the interval of time between regular periodic Billing Dates for an Account.

Billing Cycle or "cycle" means the interval between days or dates of regular periodic statements. These intervals shall be equal and no longer than a quarter of a year. An interval shall be considered equal if the number of days in the cycle does not vary more than 4 days from the regular day or date of the periodic statement.

Billing Cycle means the time period between the dates of issuing two consecutive “Statements of Account”.

Billing Cycle means the start of the cycle on which the account is printed to the date on which it falls due and payable;

Billing Cycle means the interval between billing statements. Each billing statement shows a closing date. The statement closing date is the last day of the Billing Cycle for that billing statement.