INTEREST AND CHARGES. 7.1 If we do not receive your full payment of the current balance specified in the statement of account on or before the payment due date, you must pay daily interest at the rate of (i) S$3.00 per month or (ii) at the retail interest rate or cash interest rate (where applicable) as set out in the statement of account, whichever is the greater, on:-
INTEREST AND CHARGES. It is not the intention of any parties to this Agreement to make an agreement in violation of the laws of any applicable jurisdiction relating to usury. Regardless of any provision in any Loan Documents, no Lender shall ever be entitled to receive, collect or apply, as interest on the Obligations, any amount in excess of the Maximum Amount. If any Lender or participant ever receives, collects or applies, as interest, any such excess, such amount which would be excessive interest shall be deemed a partial repayment of principal and treated hereunder as such; and if principal is paid in full, any remaining excess shall be paid to the Borrower. In determining whether or not the interest paid or payable, under any specific contingency, exceeds the Maximum Amount, the Borrower and the Lenders shall, to the maximum extent permitted under Applicable Law, (a) characterize any nonprincipal payment as an expense, fee or premium rather than as interest, (b) exclude voluntary prepayments and the effect thereof, and (c) amortize, prorate, allocate and spread in equal parts, the total amount of interest throughout the entire contemplated term of the Obligations so that the interest rate is uniform throughout the entire term of the Obligations; provided, however, that if the Obligations are paid and performed in full prior to the end of the full contemplated term thereof, and if the interest received for the actual period of existence thereof exceeds the Maximum Amount, the Lenders shall refund to the Borrower the amount of such excess or credit the amount of such excess against the total principal amount of the Obligations owing, and, in such event, the Lenders shall not be subject to any penalties provided by any laws for contracting for, charging or receiving interest in excess of the Maximum Amount. This Section shall control every other provision of all agreements pertaining to the transactions contemplated by or contained in the Loan Documents.
INTEREST AND CHARGES. Cash Accounts may be interest bearing or non-interest bearing and may be subject to charges or fees on the deposit balance or on a per account basis. The Custodian or the relevant Subcustodian will determine on a periodic basis:
INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for CRC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the CRC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the CRC statement shall be specified in the CRC statement.
INTEREST AND CHARGES. 7.1 (a) If we do not receive full payment of the current balance specified in the master billing statement of account on or before the payment due date stipulated therein, the business member must pay daily interest at the retail interest rate of 26.9% per annum and cash interest rate of 26.9% per annum, on:-
INTEREST AND CHARGES. (a) (i) You shall pay interest, which shall accrue daily at the prevailing interest rate for PC accounts and for any additional credit granted pursuant to Clause 2(e) of this Agreement based on a 365-day year on the end-of-day outstanding debit balance each day, subject to a minimum charge of S$5.00 per month, from the transaction date until the date when full payment of the PC outstanding balance is received by us. Such interest shall be compounded monthly and we shall be entitled, in our reasonable discretion, to vary the minimum charge at any time and from time to time with reasonable notice and the same shall be conclusive and binding on you. The interest which has accrued up to the date of the PC statement shall be specified in the PC statement.
INTEREST AND CHARGES. 7.1 If we do not receive full payment of the current balance specified in the master billing statement of account on or before the payment due date stipulated therein, the business member must pay daily interest at the rate of S$3.00 per month or 2% per month, whichever is the greater, on:-
INTEREST AND CHARGES. 7.1 The business member must also pay:
INTEREST AND CHARGES. If Buyer shall be in default of payment of any Instalment as provided in Article XI.1 (a) and (b), Buyer shall pay interest on such Instalment at the rate of six percent (6%) per annum from the due date thereof to the date of payment of the full amount including interest to Builder. In case Buyer shall fail to take delivery of the Vessel as provided in Article XI.1(d), Buyer shall be deemed to be in default and the Builder shall notify in writing the Buyer to that effect, and the Buyer shall, upon receipt of such notification, forthwith acknowledge in writing to the Builder that such notification has been received. In addition, Buyer shall be liable for any reasonable and documented cost and expenses incurred by Builder by reason of the occurrence of any default of Buyer or by reason of the exercise by Builder of any remedy hereunder.
INTEREST AND CHARGES. 12.1 The details of our interest rates, charges (including account fees and overdraft charges) and charging dates are not contained in these General Terms and Conditions but in our Corporate Banking Fees and Charges Schedule available through the Branch website. You may find out further information about our charges by contacting us, please see the contacts section at clause 28. We may change our interest rates, charges and charging dates under condition 15 below.
