Examples of Payment Stream in a sentence
This result is the ANNUAL PERCENTAGE RATE for your Second Payment Stream.
This result is the ANNUAL PERCENTAGE RATE for your First Payment Stream.
To determine the Periodic Rate that will apply to your Second Payment Stream, we add a margin to the value of the Index, then divide the value by the number of days in a year (366 during leap years).
The minimum monthly payment for each fixed rate loan option shall commence the first month following the date of the advance and shall be in addition to the minimum monthly payment described herein for the amounts outstanding under the Credit Line at a variable rate during the First Payment Stream or during the Second Payment Stream, as applicable.
To determine the Periodic Rate that will apply to your First Payment Stream, we add a margin to the value of the Index, then divide the value by the number of days in a year (366 during leap years).
Your Regular Payment will equal the amount of your accrued FINANCE CHARGES or $25.00, whichever is greater ("First Payment Stream").
The Minimum Payment during the First Payment Stream may not reduce the principal that is outstanding on your Credit Line.After completion of the First Payment Stream, your Regular Payment will be based on a percentage of your balance at the start of this payment period plus all accrued FINANCE CHARGES as shown below or $25.00, whichever is greater ("Second Payment Stream").
To curb or prevent (1) the incurring or imposition of unpaid bank charges due to unpaid debit orders; (2) losing the benefits described in the agreement quoted on the mandate; and (3) the incurring of penalties due to non-payment, I expressly authorise OLM or its subsidiaries to utilise the functionality of Tracking supported on the DebiCheck Payment Stream especially after unsuccessful attempts on the EFT Payment Stream.
I acknowledge that Tracking supported on the DebiCheck Payment Stream has been explained to me and I accept that my above-mentioned account will be interrogated for a reasonable defined period until this period has lapsed or until payment was received.
This authorisation includes the discretion given to OLM or its subsidiaries to use the DebiCheck Payment Stream.