Dishonoured Payment Fee definition

Dishonoured Payment Fee means the fee charged for each cheque or other instrument used to pay Debt that is dishonoured by the financial institution on which it is drawn, and which is in addition to any NSF service fee charged by that financial institution on the NSF cheque or other instrument;
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Examples of Dishonoured Payment Fee in a sentence

  • In addition to direct financial benefits, value capture strategies such as joint development and transit-oriented development can create environments that encourage transit use and increase farebox return.While value capture at the local community level has long been established using redevelopment and reinvestment finance tools, value capture techniques for the benefit of transit agency programs is relatively new.

  • Proposed language amended to clarify that a rate lock agreement is not required to be provided with the initial disclosures when the consumer does not want to lock the rate at the initial disclosure stage of a transaction.

  • Collections Dishonoured Payment Fee $10.00 Fee is charged to the loan account in the event of a payment tendered to the account is dishonoured by the Debtor’s bank.

  • The couriered letter would ask you to contact us to avoid further ‘enforcement action’.) Dishonoured Payment Fee $4.00 We will charge you this fee if your bank dishonours a payment you make to us.

  • The Customer will be charged a Dishonoured Payment Fee as stated in the Schedule of Fees in respect of any payment which is dishonoured.

  • Dishonoured Payment Fee $4.00 We will charge you this fee if your bank dishonours a payment you make to us.

  • If for any reason a payment is dishonoured by the student’s financial institution, the student will be assessed a $25 Dishonoured Payment Fee in addition to a late fee of 10% of the payment due (the maximum late fee is capped at $100).

  • Dishonoured Payment Fee: Insufficient Funds: $30.00 Cancelled Direct Debit: $30.00 For each dishonoured payment, the payment schedule will be extended by one or more additional pay periods.

  • The fee is estimated as the cost of allocating the contribution to multiple superannuation accounts.• Dishonoured Payment Fee (currently $15) is deducted from the member's account.

  • YOUR FULL NAME AND ADDRESS Name: Sample Customer Address: Dishonoured Payment Fee: $19.00 For each dishonoured payment, the payment schedule will be extended by one or more additional pay periods.

Related to Dishonoured Payment Fee

  • Insured Payment means (a) as of any Distribution Date, any Deficiency Amount and (b) any Preference Amount.

  • Insured Payments means, with respect to any Distribution Date, the aggregate amount actually paid by the Certificate Insurer to the Trustee in respect of (i) Insured Amounts for a Distribution Date and (ii) Preference Amounts for any given Business Day.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 3.50% above the Alternate Base Rate.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Guaranteed Payment for each Class of Notes and any Payment Date means the sum of (i) the related Guaranteed Principal Payment Amount plus (ii) the related Aggregate Investor Interest for the Payment Date.

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Specified Payment means any Permitted Acquisition, Permitted Investment, Restricted Payment or prepayment with respect to Indebtedness subject to satisfaction of the Payment Conditions or any component thereof.

  • Required Payment shall have the meaning assigned such term in Section 4.04.

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • Defaulted Payment has the meaning specified in the definition of “Defaulting Lender”.

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Overdue Scheduled Payment means any Scheduled Payment which is not in fact received by the Subordination Agent within five days after the Scheduled Payment Date relating thereto.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Make-Whole Payment means, with respect to any Series 2015-1 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2015-1 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2015-1 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.