Examples of Payment Holiday in a sentence
But if We do this, interest will continue being charged on the outstanding balance of Your Account during the Payment Holiday.
You can of course still make payments of any amount You wish during a Payment Holiday period.
A variety of Flexi Payment Purchase options exist, each with a specific Start-up Interest Rate and Start-up Interest Period and may also have a Payment Holiday.
The specific terms applicable to a Fixed Instalment (including any applicable Payment Holiday, the Fixed Instalment Interest Rate and the Instalments) will be specified in the Sales Voucher for that Fixed Instalment.
Any establishment fee or advance fee in connection with a Long Term Finance will benefit from any Start-up Interest Rate, Fixed Instalment Interest Rate and/or Payment Holiday available to the relevant Long Term Finance.