Late Payment Charges definition

Late Payment Charges means the amount which may be levied by the Bank on account of non-payment of the amounts payable by the Borrower on Due Date, in relation to the Loan as per the terms contained in the Facility Documents.
Late Payment Charges or “LPC” means the percentage interest rate charges applied to an account’s Delinquent Charges.
Late Payment Charges means penalties and interest applied by the City to unpaid Property Tax accounts, in accordance with section 345 of the Act and applicable City by-laws.

Examples of Late Payment Charges in a sentence

  • Each ACH credit transfer shall be received by SBC-12STATE no later than the Bill Due Date of each bill or Late Payment Charges will apply.

  • The Borrower shall also pay to the Lender applicable documentation charges, cheque/ECS/ACH/SI return charges, Late Payment Charges, and all such charges mentioned in the Agreement.


More Definitions of Late Payment Charges

Late Payment Charges means the charges that should be paid by the Borrower to the Bank at the rate specified in this Agreement on account of delay in payment of the EPI or PEPII or any other amounts due and payable by the Borrower to the Bank on the respective Due Dates. Late Payment Charges shall be calculated from the Due Date until payment is made to the Bank. The Bank reserves the right to waive collection of Late Payment Charges at its discretion.
Late Payment Charges means amount payable by the Cardholder representing penalty for not paying at least the Minimum Amount Due on or before the Payment Due Date.
Late Payment Charges means additional charges paid by borrowers on delinquent loans and loans past maturity held by the Partnership, including additional interest and late payment fees.
Late Payment Charges means penalties and interest applied by the Township to unpaid property tax accounts, in accordance with section 345 of the Act and applicable Township of Scugog by-laws.
Late Payment Charges. The charges payable by the Customer as set out in the Letter of Offer and Section 4.02 of Part A.
Late Payment Charges means the charges that are levied by USFB at the rate specified in the Sanction Letter due to delay in payment of the EMI or PEMII or any other amounts due and payable by the Borrower to USFB, payable from the Due Date until payment is made to USFB.