Minimum Payment Amount definition

Minimum Payment Amount means, in respect of a Security, the amount so specified in the relevant Pricing Supplement.

Minimum Payment Amount means either 5% of the outstanding balance or minimum payment amount that the Bank may specify in the applicable Statement of Account.

Minimum Payment Amount. : shall mean the minimum amount payable by the Cardholder to the Bank in each statement period.

Examples of Minimum Payment Amount in a sentence

• Minimum Payment Amount The minimum payment amount is specified in your statement of account and is computed by taking 1% of the current balance plus 1% of any outstanding unbilled instalment amounts plus interest charges (including interest/ service charges for any recurring/instalment payments) plus late payment charge or S$50 whichever is greater, plus any overdue amounts.

• Minimum Payment Amount The minimum payment amount is specified in your statement of account and is computed by taking 1% of the current balance plus 1% of any outstanding unbilled instalment amounts plus all interest charges (including interest for instalment payments) plus late payment charge or S$50 whichever is greater, plus any overdue amounts.

• The Bank shall every month send a Statement of Account to the Card Member and the Card Member shall pay at least the Minimum Payment Amount stated therein by the Payment Due Date.

• The Minimum Payment Amount due is calculated at 1% of the New Balance (or such higher percentage as the Bank may from time to time specify at its sole discretion), plus all financial charges and other fees and charges (including without limitation the annual fee) payable hereunder, plus the amount exceeding the credit limit (if any) and all amounts past due (if any), or such minimum charge as the Bank may from time to time decide, whichever is higher.

• Next, KCC will add up each minimum payment amount for each class member, producing the Aggregate Minimum Payment Amount.

More Definitions of Minimum Payment Amount

Minimum Payment Amount means the amount calculated in accordance with the formula set out in the Schedule of Fees and Charges and payable by the Cardmember under Clause D(1) (4.5).

Minimum Payment Amount means the minimum payment you agree to make each Billing Cycle, consisting of the Minimum Principal Payment Amount plus any Finance Charges.

Minimum Payment Amount means such minimum amount of the New Balance as the Bank may specify from time to time at its sole discretion and notify to the Cardholder and which shall be paid by the Cardholder to the Bank on or before each Payment Due Date.

Minimum Payment Amount means such minimum amount of the New Balance as Hang Seng may specify from time to time at its discretion and notify to the Cardmember which shall be paid by the Cardmember to Hang Seng on or before each Payment Due Date;

Minimum Payment Amount means the payment required to be made by the Cardmember under clause 4.5.1 hereof.

Minimum Payment Amount means the Case 1 Minimum Payment, the Case

Minimum Payment Amount means Fifty-Three Million Dollars (US $53,000,000), unless, pursuant to the provisions of Section 3.4E, such amount is increased to [*].