Costs of the credit Sample Clauses

Costs of the credit. 8.1 The rate of interest which applies to this Credit Agreement is 0% per annum.. 8.2 The Annual Percentage Rate of Charge (APR) is 0.00%. The total amount payable under the Credit Agreement is not greater than the Cash Price of Device.
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Costs of the credit. The rates of interest which apply to the credit agreement The flat rate interest charge on the first drawing under the Agreement will be %. This is equivalent to an annual rate of interest of %, assuming that the drawing is repaid in instalments starting on the first date when the facility is available. We may notify you to vary the flat rate interest charge and the annual rate of interest. Annual Percentage Rate of Charge (APR) This is the total cost expressed as an annual percentage of the total amount of credit The APR is there to help you compare different offers The APR will be % Any other costs deriving from the credit agreement Conditions under which the above charges can be changed We may charge: (i) a facility fee each time you make a new drawing or increase the amount of a drawing to finance an increase in the insurance premium. The facility fee for the first drawing under the Agreement will be £ ; (ii) a fee where you ask to move back the due date for any minimum monthly payment by more than seven days; (iii) a fee of £ where we terminate the Agreement following an event of default for each drawing; and (iv) a fee for any reasonable costs we incur in responding to and dealing with your enquiries. Your broker may have charged a credit arrangement fee of £ for the arrangement of the first drawing under the Agreement. You may be charged a credit arrangement fee each time you make a new drawing or increase the amount of a drawing to finance an increase in the insurance premium. Costs in the case of late payments You will have to pay £ if we don’t receive any minimum monthly payment on time. We may also charge you interest at the annual rate of interest applicable to the relevant drawing on any amount you fail to pay us on time. Consequences of missing payments If you miss a payment you will incur extra charges, your credit record may be affected and you may find it harder to borrow again from us or another lender. We may take steps to have the Relevant Policy or Policies terminated. We may also take legal action against you.
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Costs of the credit. 3.1 The borrowing rates which apply to the credit agreement Annual Interest Rates Purchases for the first 3 months from account opening 0.000% (fixed) 0.000% (fixed) Purchases after the first 3 months 1.385% 17.9% (variable) Balance Transfers debited to the account in the first 12 months from account opening 0.323% (fixed) 3.9% (fixed) Balance Transfers debited to account after 12 months from account opening 1.385% 17.9% (variable) Advances (e.g. cash withdrawals) 1.608% 21.1% (variable) These rates may be subject to change. 3.2 Annual Percentage Rate of Charge (APR). This is the total cost expressed as an annual percentage of the total amount of credit. The APR is there to help you compare different offers. APR 22.7% (variable) This is a representative APR. The APR is based on: • a credit limit of €1,500 and includes Government Stamp Duty. • 12 equal repayments of €125.00 • Standard interest rate of 17.9% 3.3 Is it compulsory, in order to obtain the credit or to obtain it on the terms and conditions marketed, to take out – an insurance policy securing the credit, or – another ancillary service contract. If the costs of these services are not known by the creditor they are not included in the APR. No No 3.4 Related costs If the credit card is used in ways other than for Purchases (e.g. Advances), this may result in a higher APR. The above is just an example of the APR that could be payable if the account fact scenario applied. The APR will depend on the amount you drawdown, the length of time you take to repay amounts drawdown, the number and type of transactions you carry out on your credit card and the interest rate applicable. In addition, other drawdown mechanisms may result in a higher APR and where a variable rate applies, the interest payments may vary from time to time and this may result in your APR going up or down. 3.5 Amount of costs for using a specific means of payment (e.g. a credit card) Purchases – Outside euro zone: Administration Levy equivalent to 2% of the transaction value. Cash Advance – Within euro zone: For each Advance (except gambling transactions): 1.5% of the amount of the Advance (or minimum charge of €2.54, no maximum charge) of the transaction value. Cash Advance – Outside euro zone: Administration Levy equivalent to 2% of the transaction value plus 1.5% handling charge (minimum charge €2.54, no maximum charge) of the transaction value. 3.6 Any other costs deriving from the credit Agreement Government Stamp Duty payable on c...
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Costs of the credit. The rates of interest which apply to the credit agreement Our standard interest rates are as follows: [***ABT***]% (variable) per annum for balance transfers (if offered), [***ACR***]% (variable) per annum for cash advances, [***APUR***]% (variable) per annum for purchases. For purchases made using Credit, we provide you with an up to 56 days interest-free period which means that if you repay the Balance Outstanding on or before up to 56 days after you made the purchase, we will not charge you any interest on the amount of the purchase which forms part of the Balance Outstanding you have paid. This also means that if you do not repay the Balance Outstanding in full on or before up to 56 days after you made the purchase or only repay part of the Balance Outstanding or the Minimum Repayment, we will charge you our standard interest rate of [***APUR***]% (variable) per annum on the remaining amount of any purchase you have made which forms part of the Balance Outstanding from the date on which you made the purchase. We may, for any valid reason which we will notify to you, vary an interest rate or other term of your agreement. Examples of why we may make changes to your agreement include, but are not limited to: (1) changes in your circumstances and the way you use your Account, your credit score, or our increased or decreased credit risk; (2) changes in our funding costs or other costs of administering credit; (3) to provide additional credit or other services; (4) to reflect changes in banking or lending practice, or to meet our legal or regulatory obligations; (5) to correct errors, omissions, inaccuracies or ambiguities; (6) to reflect changes in our systems and processes or the introduction of new technology. We will give you at least 7 days' notice of any decrease in an interest rate, and at least 60 days’ advance notice of any increase in an interest rate. If we are increasing an interest rate, you can tell us that you do not wish to accept the change, in which case, you will be able to pay off the Balance Outstanding at the existing interest rate. However, you will not be able to use the Account further, and it will be closed when you have paid the full Balance Outstanding. You will have to pay at least the monthly payment each month. Annual Percentage Rate of Charge (APR). This is the total cost expressed as an annual percentage of the total amount of credit [***APR***]% (variable). The APR is calculated using the standard rate for purchases shown ab...
Sample 1
Costs of the credit. The rates of interest which apply to the credit agreement. Flat rate of interest: 12% per annum. Annual Percentage Rate of Charge (APR). The APR is there to help you compare different offers. The APR is 23.7% variable. This rate is illustrative as the APR has been calculated on the assumptions that a credit limit of £1,200 is applied from the outset which is drawn down immediately and in full and that repayment of the credit (including interest and any other charges) is made by 12 equal monthly instalments. Any other costs deriving from the credit agreement We may impose reasonable fees and charges to cover our administration costs arising out of your request for any document to which you are not legally entitled. We will notify you in writing of any other charges in force from time to time. Conditions under which the above costs can be changed We may vary the terms of this Agreement for any good reason at any time by giving you 7 days' notice. Costs in the case of late payments: A fee of £20 is applied each time a payment is missed. Consequences of missing payments. If you fail to make a repayment it can have major implications for your agreement and the possibility of credit being more difficult to obtain in the future. We will write to you as if you do not keep up with your repayments, this could result in cancellation of your insurance policy. We may take legal proceedings against you to recover what you owe which may mean you also have to pay our legal costs. You may be liable to pay all sums owing to us, including any charges imposed.
Sample 1
Costs of the credit. The rates of interest which apply to the credit agreement. Flat rate of interest: 12.58% per annum. We can vary the flat rate of interest applied to your account in accordance with the Agreement to reflect changes in the cost of providing services to you. We will notify you in writing of any change at least 21 days before it takes effect and your monthly payments will change from the first monthly payment after the change takes effect. Annual Percentage Rate of Charge (APR). This is the total expressed as an annual percentage of the total amount of credit. The APR is there to help you compare different offers The APR is % variable. The APR has been calculated on the assumption that credit of £1,200 is drawn down immediately and in full and that repayment of the credit, the interest and any other charges is made by 12 equal monthly instalments. This is for comparative purposes only, and may vary from actual drawings under this Agreement so that a different amount drawn may increase or decrease the APR. Any other costs deriving from the credit agreement We may impose reasonable fees and charges to cover our administration costs arising out of your request for any document to which you are not legally entitled. We will notify you in writing of any other charges in force from time to time. Conditions under which the above costs can be changed You will be notified in advance in writing. These may include any of, non-receipt of signed credit agreement fee of £0 or default fee of £27.50 or mid-term adjustment fee of £0 or termination fee of £0 or an administration fee of £0, as appropriate.
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Costs of the credit xxxxx euros That corresponding to the agreements reached between the Borrower and the Creditor. At the client’s request, early reimbursements may imply a reduction in capital, without any change in the remaining term of the operation The borrowing rate of your credit product FIXED interest rate. Nominal interest rate: [apply % according to interest form] % Annual Equivalent Rate (AER) AER= xxxx % Calculating the AER involves the application of the following parameters: Amount, Duration, Instalments, Borrowing rates and fees specified in this document. Representative example: Loan Amount:
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Related to Costs of the credit

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • of the Credit Agreement Section 8.2.4 of the Credit Agreement is hereby amended as follows:

  • Amount and Terms of the Credit Facility 2.1. The Commitments; Increase in Total Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans to the Borrower from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that will not result in such Lender's Exposure exceeding such Lender's Commitment. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary in this Agreement, in no event may Loans be borrowed under this Section 2 if, after giving effect thereto, the aggregate principal amount of the Total Exposures at such time would exceed the Total Commitments then in effect. The Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.6. (b) In the event that the Borrower wishes from time to time to increase the Total Commitments, it shall notify the Administrative Agent in writing of the amount (the "Commitment Increase Amount") of such proposed increase (such notice, a "Commitment Increase Notice"), and the Administrative Agent shall notify each Lender of such proposed increase. The Borrower may, at its election (i) offer one or more of the Lenders the opportunity to participate in all or a portion of the Commitment Increase Amount pursuant to paragraph (d) below and/or (ii) with the consent of the Administrative Agent and the Issuing Lender (which consent shall not be unreasonably withheld or delayed), offer one or more additional banks, financial institutions or other entities the opportunity to participate in all or a portion of the Commitment Increase Amount pursuant to paragraph (c) below. Each Commitment Increase Notice shall specify which Lenders and/or banks, financial institutions or other entities the Borrower desires to participate in such Commitment increase. The Borrower or, if requested by the Borrower, the Administrative Agent, will notify such Lenders and/or banks, financial institutions or other entities of such offer. Each Commitment Increase Amount shall be at least $50,000,000. (c) Any additional bank, financial institution or other entity which the Borrower selects to offer participation in the increased Commitments and which elects to become a party to this Agreement and provide a Commitment in an amount so offered and accepted by it pursuant to Section 2.1(b)

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • Duties of the Credit Risk Manager For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided to the Credit Risk Manager pursuant to the Credit Risk Management Agreements, and the Credit Risk Manager shall look solely to the Servicer and/or Master Servicer for all information and data (including loss and delinquency information and data) relating to the servicing of the related Mortgage Loans. Upon any termination of the Credit Risk Manager or the appointment of a successor Credit Risk Manager, the Depositor shall give written notice thereof to the Servicer, the Master Servicer, the Securities Administrator, the Trustee, and each Rating Agency. Notwithstanding the foregoing, the termination of the Credit Risk Manager pursuant to this Section shall not become effective until the appointment of a successor Credit Risk Manager.

  • Continuing Effect of the Credit Agreement This Amendment shall not constitute a waiver of any provision not expressly referred to herein and shall not be construed as a consent to any action on the part of the Borrowers or Guarantors that would require a waiver or consent of the Lenders or an amendment or modification to any term of the Loan Documents except as expressly stated herein. Except as expressly modified hereby, the provisions of the Credit Agreement and the Loan Documents are and shall remain in full force and effect.

  • Amounts and Terms of the Advances and Letters of Credit SECTION 2.01. The Advances and Letters of Credit.

  • Additional Obligations of the Company The Company shall: (a) At least three (3) Business Days before filing the Mandatory Registration Statement, furnish to counsel selected by the Holders of a majority of the Registrable Securities covered by such registration statement copies of all such documents proposed to be filed (except for Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K and any similar or successor reports that have been filed via XXXXX which may be incorporated or deemed to be incorporated by reference thereto), and the Company shall in good faith consider any reasonable comments of such counsel received at least one (1) Business Day prior to filing. (b) Promptly notify the Holders when the Mandatory Registration Statement is declared effective by the Commission. The Company shall respond as promptly as reasonably practicable to any comments received from the Commission with respect to the registration statement or any amendments thereto and shall furnish to the Holders, upon request, any comments of the Commission staff regarding the Holders. The Company shall promptly file with the Commission a request for acceleration of effectiveness in accordance with Rule 461 promulgated under the Securities Act after the Company concludes that the staff of the Commission has no further comments on the filing. (c) Furnish to the Holders such number of copies of a prospectus, including a preliminary prospectus, in conformity with the requirements of the Securities Act, and such other documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them. (d) Use commercially reasonable efforts to register and qualify the securities covered by the Mandatory Registration Statement under such other securities or Blue Sky laws of such U.S. jurisdictions as shall be reasonably requested by the Holders unless an exemption from registration and qualification exists; provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business, file a general consent to service of process or subject itself to general taxation in any such states or jurisdictions. (e) Promptly notify each Holder of Registrable Securities covered by the Mandatory Registration Statement at any time when a prospectus relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing (provided that in no event shall such notice contain any material, non-public information regarding the Company) and, when such state of facts no longer exists whether due to passage of time or filing of supplemental disclosure by the Company, the Company shall promptly furnish to each such Holder a reasonable number of copies of any supplement or amendment to such prospectus filed by the Company. (f) Use commercially reasonable efforts to prevent the issuance of any stop order or other suspension of effectiveness of the Mandatory Registration Statement, or the suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction in the United States, and in the event of the issuance of any stop order suspending the effectiveness of such registration statement, or any order suspending or preventing the use of any related prospectus or suspending the qualification of any equity securities included in such registration statement for sale in any jurisdiction, the Company shall use commercially reasonable efforts to obtain promptly the withdrawal of such order. (g) Use commercially reasonable efforts to cause all Shares to be listed on each securities exchange on which the same class of securities issued by the Company are then listed (collectively, the “Trading Markets”), including, without limitation, by the filing of any required additional listing applications. (h) Use commercially reasonable efforts to cooperate with the Holders who hold Registrable Securities being offered and, to the extent applicable, facilitate the timely preparation and delivery of certificates (not bearing any restrictive legend) representing the Registrable Securities sold pursuant to the Mandatory Registration Statement, and enable such certificates to be in such denominations or amounts, as the case may be, as the Holders may reasonably request and registered in such names as the Holders may request. (i) Provide and cause to be maintained a registrar and transfer agent for all Registrable Securities covered by any registration statement from and after a date not later than the effective date of the Mandatory Registration Statement. (j) Not, nor shall any subsidiary or affiliate thereof, identify any Holder as an underwriter in any public disclosure or filing with the SEC or the NASDAQ Stock Market or any other securities exchange or market without the consent of such Holder except as required by law.

  • Cooperation with Agents of the Trust The Adviser agrees to cooperate with and provide reasonable assistance to the Trust, any Trust custodian or foreign sub-custodians, any Trust pricing agents and all other agents and representatives of the Trust, such information with respect to the Funds as they may reasonably request from time to time in the performance of their obligations, provide prompt responses to reasonable requests made by such persons and establish appropriate interfaces with each so as to promote the efficient exchange of information and compliance with applicable laws and regulations.

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