Common use of Applicable Roll over Interest and Bank Charges accrued Clause in Contracts

Applicable Roll over Interest and Bank Charges accrued. 10.4.1 Roll over interest of 0.33% shall be charged on an unpaid instalment amount on a daily basis until full payment of the amount due. 10.4.2 For past term accounts, a roll over interest of 0.33% shall be charged on the outstanding instalment amount on a daily basis up to a maximum of a quarter of the original loan term. 10.4.3 Where a cheque/instrument provided by the Borrower is dishonored, the actual costs incurred by PCUL for each dishonored cheque/instrument shall be recovered from the Borrower. 10.4.4 Consequently, PCUL will be entitled to repossess and dispose off the motor vehicle/ collateral in such manner as it may in its sole discretion determine to be in its best interest and the Borrower is obligated to cooperate accordingly. 10.4.5 Upon repossession of the motor vehicle, PCUL will temporarily halt banking of the subsequent cheques/instruments in its custody until the loan is regularized or fully settled.

Applicable Roll over Interest and Bank Charges accrued. 10.4.1 Roll over interest of 0.33% shall be charged on an unpaid instalment amount on a daily basis until full payment of the amount due. 10.4.2 For past term accounts, a roll over interest of 0.33% shall be charged on the outstanding instalment amount on a daily basis up to a maximum of a quarter of the original loan term. 10.4.3 Where a cheque/instrument provided by the Borrower is dishonored, the actual costs incurred by PCUL PCL for each dishonored cheque/instrument shall be recovered from the Borrower. 10.4.4 Consequently, PCUL PCL will be entitled to repossess and dispose off the motor vehicle/ collateral in such manner as it may in its sole discretion determine to be in its best interest and the Borrower is obligated to cooperate accordingly. 10.4.5 Upon repossession of the motor vehicle, PCUL PCL will temporarily halt banking of the subsequent cheques/instruments in its custody until the loan is regularized or fully settled.,

Applicable Roll over Interest and Bank Charges accrued. 10.4.1 Roll over interest of 0.33% shall be charged on an unpaid instalment amount on a daily basis until full payment of the amount due. 10.4.2 For past term accounts, a roll over interest of 0.33% shall be charged on the outstanding instalment amount on a daily basis up to a maximum of a quarter of the original loan term. 10.4.3 Where a cheque/instrument provided by the Borrower is dishonored, the actual costs incurred by PCUL KOMMUTE for each dishonored cheque/instrument shall be recovered from the Borrower. 10.4.4 Consequently, PCUL KOMMUTE will be entitled to repossess and dispose off the motor vehicle/ collateral in such manner as it may in its sole discretion determine to be in its best interest and the Borrower is obligated to cooperate accordingly. 10.4.5 Upon repossession of the motor vehicle, PCUL KOMMUTE will temporarily halt banking of the subsequent cheques/instruments in its custody until the loan is regularized or fully settled.,

Applicable Roll over Interest and Bank Charges accrued. 10.4.1 10.2.5.1 Roll over interest of 0.33% shall be charged on an unpaid instalment amount on a daily basis until full payment of the amount due. 10.4.2 10.2.5.2 For past term accounts, a roll over interest of 0.33% shall be charged on the outstanding instalment amount on a daily basis up to a maximum of a quarter of the original loan term. 10.4.3 10.2.5.3 Where a cheque/instrument provided by the Borrower is dishonored, the actual costs incurred by PCUL PCL for each dishonored cheque/instrument shall be recovered from the Borrower. 10.4.4 10.2.5.4 Consequently, PCUL PCL will be entitled to repossess and dispose off the motor vehicle/ collateral in such manner as it may in its sole discretion determine to be in its best interest and the Borrower is obligated to cooperate accordingly. 10.4.5 10.2.5.5 Upon repossession of the motor vehicle, PCUL PCL will temporarily halt banking of the subsequent cheques/instruments in its custody until the loan is regularized or fully settled.