Debit Interest definition

Debit Interest means the amount of interest (whether Arranged Overdraft Interest, Arranged Excess Interest, Surcharge Interest or Unarranged Overdraft Interest) that You owe Us;
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Debit Interest means interest payable on a debit balance on Your Account;
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Debit Interest means the amount of interest
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Examples of Debit Interest in a sentence

  • We will calculate Debit Interest on a daily basis on the cleared debit balance on Your Account.

  • With a Youth Current Account there are no Account Services charges, Account Transaction charges or Debit Interest.

  • The Reportable Account in a Collective Investment Vehicle is the Equity or Debit Interest issued in that Collective Investment Vehicle except where the interests are regularly traded on an established securities market.

  • It does not mean that they might not be active in ministry! The majority (but not all) retired clergy have ‘Permission to Officiate’ (PTO) from their area bishop.

  • Further details about the Debit Interest rates payable on Your Account are set out in Our ‘Interest rates’ leaflet.

  • The Debit Interest rates are made up of two (2) parts - (i) an interest reference rate and (ii) a variable margin.

  • The City denies that it has violated USERRA and asserted that it properly reemployed Schutz upon his return from deployment and did not retaliate against him.

  • The Debit Interest rates are made up of two parts – (i) an interest reference rate and (ii) a variable margin.

  • If any Debit Interest is to be charged then this will be applied in accordance with Clause 11.11.

  • Where We decrease the Debit Interest rate (or decrease the variable margin, the Arranged Excess Interest rate or the Surcharge Interest Rate) on Your Account We will make the change immediately.


More Definitions of Debit Interest

Debit Interest means the amount of Arranged Overdraft Interest that You owe Us;
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Debit Interest means the amount of Arranged
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Debit Interest means the rate of interest accruing to debit balances in the Account.
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Debit Interest means the amount of interest (whether Arranged Overdraft Interest, Unau-
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Debit Interest means the amount of interest (whether Arranged Overdraft Interest or Unarranged Overdraft Interest) that You owe Us; “Direct Debit” means an instruction from You authorising an organisation to collect varying amounts from Your Account so long as You have been given advance notice of the collection amount and dates by the organisation. Direct Debits are only available for Domestic Payments;
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Debit Interest means the amount of inter- est (whether Arranged Overdraft Interest,
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Related to Debit Interest

  • Asset Interest is defined in Section 2.1(b).

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Investment interest means investment interest as defined in section 163(d)(3) of the Internal Revenue Code.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Uncollected Interest With respect to any Distribution Date for any Mortgage Loan on which a Payoff was made by a Mortgagor during the related Payoff Period, except for Payoffs received during the period from the first through the 14th day of the month of such Distribution Date, an amount equal to one month’s interest at the applicable Pass-Through Rate on such Mortgage Loan less the amount of interest actually paid by the Mortgagor with respect to such Payoff.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Earned Interest means the interest and other income actually received or credited on the investment of the Escrowed Funds between the date hereof and the earlier to occur of the Acquisition Closing Date and the Termination Date.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Receivable Interest means, at any date of determination, an undivided percentage ownership interest in (a) all then outstanding Pool Receivables arising prior to the time of the most recent computation or recomputation of such undivided percentage interest pursuant to Section 1.03, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Each undivided percentage interest shall be computed as C + YR + LR + CAFR +DR NRPB where:

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Net Interest means interest earned on a prearranged

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Assigned Interest means all of Assignor's (in its capacity as a "Lender") rights and obligations under the Credit Agreement in respect of the Commitment of the Assignor in the principal amount equal to $____________, and to make Loans under the Commitment and any right to receive payments for the Loans outstanding under the Commitment assigned hereby of $____________ (the "Loan Balance"), plus the interest and fees which will accrue from and after the Assignment Date.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Unpaid Interest Amount As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

  • Advance Interest means the interest accrued on any Servicing Advance which is payable to the party that made that Servicing Advance, in accordance with the Lead Securitization Servicing Agreement.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Default Rate Interest is defined in Section 3.1(b)(ix) of this Agreement.