Default Fees means those fees which may be payable by the Member, to the Credit Union, on a breach of the Agreement by the Member, or on the enforcement of the Agreement by the Credit Union.
Default Fees means the default fees referred to in the Disclosure Statement;
Examples of Default Fees in a sentence
Default Fees $ dishonour fee, in respect of each payment which is dishonoured, or for which an automatic payment fails.
In the event of any default in payment and while the default continues you must pay the Default Fees on any unpaid balance.
In the event of a breach of the contract or on the enforcement of the contract, the Default Fees specified below are payable.
More Definitions of Default Fees
Default Fees are set out in a disclosure statement. a “disclosure statement” means either the initial disclosure statement contained in this agreement or a change disclosure statement.
Default Fees means all charges, cost and expenses we may incur in relation to a breach by you of your obligations to us
Default Fees means fees or charges payable on a breach of a credit contract by a debtor or on the enforcement of a credit contract by a creditor;
Default Fees means the fees set out in Condition 8.1. ‘Non-Sterling Transaction Fee’ means the fee set out in Condition 8.2 which is applied to Transactions made in a currency other than sterling. ‘Payment Scheme Exchange Rate’ means the exchange rate set by Mastercard or Visa (depending on the payment scheme logo displayed on your Card) and which is prevailing at the date and time your Transaction is processed. ‘Personal Security Details’ means various registration numbers or codes that allow you to operate the Account and any other Santander Group accounts in your name remotely. ‘PIN’ means any personal identification number to be used with the Card. ‘Promotional Period’ means the period we tell you before you make a Special Transaction during which preferential terms will apply. ‘Purchase’ means a Purchase of goods or services using the Card or Card number or where the amount of the Purchase is debited directly to the Account, for example, payment protection insurance premiums. ‘Recurring Transaction’ means an agreement between you and a supplier that allows the supplier to ask us to make payments to them from your Card Account on a regular basis. ‘Santander Group’ means Banco Santander, S.A., its subsidiaries, both direct and indirect, including Santander UK plc. ‘Special Transaction’ means any Transaction on preferential terms for a Promotional Period that we may make available from time to time.
Default Fees means the default fees stated in an Initial Disclosure Statement or any Change Disclosure
Default Fees mean a flat fee, plus VAT, being an instalment default fee that we are entitled to charge you if you miss any instalment, as set out on our fees page: xxxxx://xxxxxxxxx.xxx/fees/