Amount of Minimum Payment Sample Clauses

Amount of Minimum Payment. If the New Balance is less than $30, the minimum payment is the full amount of the New Balance. If the New Balance is $30 or more, the minimum payment is the total of two figures: the first is any past due amount; the second is the sum of (1) the greater of $30, or the combined total of all interest charges, late fees and overlimit fee, plus (2) 2.5% of the New Balance. You shall make (and the Bank shall have received at the address designated on your monthly statement) on or before the due date the minimum payment shown on your monthly statement (or, at your option, any greater amount up to the Outstanding Balance). Receipt of your minimum payment at any address other than that designated on your monthly statement may create a delay in posting the minimum payment to your Card Account and may thereby result in a late fee and additional interest charges.
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Amount of Minimum Payment. If the New Balance is less than $30, the minimum payment is the full amount of the New Balance. If the New Balance is $30 or more, the minimum payment is the total of two figures: the first is any past due amount; the second is the sum of the greater of $30 plus late and/or overlimit fees, or the combined total of 2.5% of the New Balance plus interest charges, late and/or overlimit fees. Borrower shall make (and the Bank shall have received at the address designated on the monthly statement) on or before the due date the minimum payment shown on the User’s monthly statement (or, at Borrowers option, any greater amount up to a User’s Outstanding Balance). Receipt of the minimum payment at any address other than that designated on the monthly statement may create a delay in posting the minimum payment to the Card Account and may thereby result in a late fee and additional interest charges.
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Amount of Minimum Payment. If the New Balance is less than $10, the minimum payment is the full amount of the New Balance. The minimum payment due each month is 3% of the New Balance or $10 whichever is greater. You shall make (and the Bank shall have received at the address designated on your monthly statement) on or before 4:00 p.m. (PT) on the due date the minimum payment shown on your monthly statement (or, at your option, any greater amount up to the Outstanding Balance). Receipt of your minimum payment at any address other than that designated on your monthly statement may create a delay in posting the minimum payment to your Card Account and may thereby result in a late fee and additional interest charges. Making only the minimum payment will increase the amount of interest you pay and the time it takes to repay your balance.
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Amount of Minimum Payment. If the New Balance is less than $30, the minimum payment is the full amount of the New Balance. If the New Balance is $30 or more, the minimum payment is the total of two figures: the first is any past due amount; the second is the sum of the greater of $30 plus late fees, or the combined total of 2.5% of the New Balance plus interest charges and late fees. You shall make (and the Bank shall have received at the address designated on your monthly statement) on or before 4:00
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Amount of Minimum Payment. If the New Balance is less than $5, the minimum payment is the full amount of the New Balance. The minimum payment due each month is 5% of the New Balance which does not exceed your credit limit (rounded up to the nearest dollar), or $5 whichever is greater, plus the entire portion of the New Balance in excess of your credit limit, plus any amount past due. You shall make (and the Bank shall have received at the address designated on your monthly statement) on or before 5:00 p.m. on the due date the minimum payment shown on your monthly statement (or, at your option, any greater amount up to the Outstanding Balance). Receipt of your minimum payment at any address other than that designated on your monthly statement may create a delay in posting the minimum payment to your Card Account and may thereby result in a late fee and additional finance charges. Making only the minimum payment will increase the amount of interest you pay and the time it takes to repay your balance.
Sample 1

Related to Amount of Minimum Payment

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

  • Maximum Payment The maximum period or aggregate of periods of accident make-up pay to be made by an Employer will be a total of 39 weeks for any one injury.

  • Minimum Payment (a) Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.

  • Minimum Payment Due Your Minimum Payment Due is listed on your Statement and equals the lesser of: • the amount of your New Balance, or • the greater of: • $30, or • 3% of the amount you owe, or • the sum of Finance Charges accrued since the last Billing Cycle (including Interest Charges and Transaction Fees), plus any Penalty Fees, Annual Fees (if applicable), and one-time fees that have been posted to your Account, plus 1% of the amount you owe. Making only the Minimum Payment Due will increase the amount of interest you pay and the time it takes to repay your balance.

  • Minimum Payments If the Executive’s Termination Date occurs during the Agreement Term for any reason, the Executive shall be entitled to the following payments, in addition to any payments or benefits to which the Executive may be entitled under the following provisions of this Section 5 (other than this paragraph 5(a)) or the express terms of any employee benefit plan or as required by law:

  • Minimum Daily Pay (a) The Employer shall pay the employee a minimum of two (2) hours pay at his/her regular rate of pay upon reporting to work for a scheduled shift.

  • Minimum Balance Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

  • MINIMUM MONTHLY PAYMENT We will mail you a statement every month if your account has a balance. You agree that you will pay each month not less than the minimum monthly payment by the payment due date. The minimum monthly payment will be 3.0% for Classic accounts or 2% for Platinum accounts of your outstanding balance (“New Balance”) or $25.00, whichever is greater. If your outstanding balance is $25.00 or less, you agree to pay the balance in full. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks, drafts, or money orders marked “payment in full” without prejudice to our rights under this Agreement, which are hereby explicitly reserved. A credit posting from a merchant or reversal of fees do not constitute a minimum payment. The minimum monthly payment may be allocated at the Credit Union’s discretion to pay off lower rate balances, such as promotional offers, before higher rate balances, such as cash advances or purchases. Payments in excess of the minimum monthly payment will be allocated first to higher rate balances, as applicable. From time to time, we may allow you to skip your minimum monthly payment due. If you choose to skip that payment, Finance Charges will continue to accrue in accordance with this Agreement. Payments received at: Rogue Credit Union, XX Xxx 0000, Xxxxxxx, XX 00000 on or before 5:00 PM Pacific Time on any business day will be credited to your Account as of that date; payments received by mail at that address after 5:00 PM Pacific Time or on a weekend will be posted to your Account as of the next business day. Payment crediting to your Account may be delayed up to five days if your payment is received by mail at any other address or not accompanied by the remittance portion of your Account statement.

  • Reimbursable Expenses; Maximum Total Payment; Invoicing District will make no payment until this Contract is fully executed by the authorized representatives of both parties.

  • Minimum Pay The minimum time for which overtime compensation shall be paid under the provisions of Section 208.12 shall be two hours, except that if an employee, who has been notified to report for prearranged work outside of his/her regular work hours on workdays, continues to work into or beyond regular work hours, the employee shall be paid overtime compensation only for actual work time up to regular work hours, and for travel time as provided in Section 208.12 hereof. (Amended 1-1-91)

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