Interest and Commissions Sample Clauses

Interest and Commissions. 6 3.1. PAYMENT.............................................................6 3.2. RATE AND CALCULATION ADVANCES.......................................6 3.3. MARGIN..............................................................7 3.4. RATE AND CALCULATION CURRENT ACCOUNT................................7 3.5. COMMISSION..........................................................8 3.6. DEFAULT RATE........................................................8
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Interest and Commissions. Commission is payable by the Customers on the issuance date of the Banker’s Guarantee/Standby Letter of Credit in immediately available funds and calculated at 0.9% per annum on the face value of the issued Banker’s Guarantee/Standby Letter of Credit.
Interest and Commissions. 4.1 Notwithstanding that stated in the definitions of "Credit B Margin" and "Credit D Margin" in Section 2 of the Credit Agreement, as of November 10, 2013, the interest on Credit B and on Credit D shall be amended such that as of November 10, 2013, the interest on the Credit shall be as follows: 4.1.1 Credit B1 shall bear variable interest composed of interest at an annual Prime rate plus a risk increment at the rate of 1.98 % (One Decimal Nine Eight Percent). As of the date of this Addendum, the interest is at a rate of 4.48% (Four Decimal Four Eight Percent) per annum (constituting the rate of interest which applies to the Credit B1 principal immediately prior to the date of execution of this Addendum, plus 0.4% per annum) and constitutes adjusted interest at a rate of 4.53% (Four Decimal Five Three Percent) per annum. Such interest shall be calculated on the unpaid balance of the Credit B1 principal, as it may be from time to time, as of the commencement of each interest calculation period until its end, at the interest rate determined in this Section 4.1.1 above and shall be updated at any time there is any change in Prime interest, according to the updated rate of Prime interest. 4.1.2 Credit B2 shall bear fixed index-linked interest at a rate of 4.75% (Four Decimal Seven Five Percent) per annum (constituting the interest rate applying to the Credit B2 principal immediately prior to the date of execution of this Addendum, plus 0.4% per annum), constituting adjusted interest at a rate of [4.806% (Four Decimal Eight Zero Six Percent) per annum. 4.1.3 Credit D1 shall bear variable interest composed of interest at an annual Prime rate, plus a risk increment at a rate of 2.15% (Two Decimal One Five Percent). As of the date of this Addendum, the interest is at a rate of 4.65% (Four Decimal Six Five Percent) per annum (constituting the interest rate which applies to the D1 Credit Principal immediately prior to the date of execution of this Addendum, plus 0.4% per annum) and constitutes adjusted interest at a rate of 4.704% (Four Decimal Seven Zero Four Percent) per annum. Such interest shall be calculated on the unpaid balance of the Credit D1 principal, as it shall be from time to time as of the commencement of the interest period until its end, at the interest rate determined in this Section 4.1.3 above and shall be updated any time there is any change in the Prime interest, according to the updated rate of Prime interest. 4.1.4 Credit D2 shall bear fixed...
Interest and Commissions. 3.1. PAYMENT
Interest and Commissions. I. General information about interest and commission rates
Interest and Commissions. Article Twenty
Interest and Commissions. Interest on advances shall be payable in accordance with clause [6] of the MFA. Commissions and fees on Letters of Credit and [state any other permitted utilisations] shall be payable as follows: [State amounts and times]
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Interest and Commissions 

Related to Interest and Commissions

  • Fees and Commissions The fees and commissions that apply to your account are set out in the information box and disclosure statement. You agree to pay the fees and commissions and authorize us to charge them to your account. We reserve the right to change the circumstances in which any of the fees or commissions on your account is charged and the amount of those fees or commissions. You agree that we may impose additional fees and commissions at any time. We will provide notice of any changes or additional fees and commissions if required by applicable law and in accordance with the “Changes” section of this agreement.

  • 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:- (a) the amount of each unpaid card transaction, or part thereof, listed in the current statement of account, from the date each such card transaction was effected until the date of the current statement of account; and (b) the current balance specified in the statement of account, from the date of the statement of account until the day before the date when we receive payment of the current balance (entirely or partly); and (c) the current balance specified in the statement of account less any partial payment, from the date of such partial payment to the date of the next statement of account or the date when we receive full payment of the current balance, whichever is the earlier; and (d) the amount of each card transaction debited to the card account after the date of the statement of account, from the date each such card transaction was effected until the date of the next statement of account or the date when we receive full payment of the current balance, whichever is the earlier.

  • Interest and Fees 2 2.1. Interest.............................................................................. 2 2.2.

  • Interest and Costs You agree to pay all legal fees and disbursements incurred by Canada to collect any amount of your Outstanding Loan Balance owing under the MSFAA-Canada and you agree to pay interest, if applicable, before and after default and delinquency. You agree to pay interest before and after judgment, as applicable.

  • Brokerage Fees and Commissions Buyer has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Seller or the Company shall incur any liability.

  • Interest and Late Charges If Tenant fails to pay when due any Rent or other amounts or charges which Tenant is obligated to pay under the terms of this Lease, the unpaid amounts shall bear interest at the maximum rate then allowed by law. Tenant acknowledges that the late payment of any Monthly Installment of Base Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated under this Lease, including without limitation, administrative and collection costs and processing and accounting expenses, the exact amount of which is extremely difficult to ascertain. Therefore, in addition to interest, if any such installment is not received by Landlord within ten (10) days from the date it is due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of such installment. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to Landlord for the loss suffered from such nonpayment by Tenant. Acceptance of any interest or late charge shall not constitute a waiver of Tenant's default with respect to such nonpayment by Tenant nor prevent Landlord from exercising any other rights or remedies available to Landlord under this Lease.

  • Brokers' Fees and Commissions Neither Buyer nor any of its directors, officers, employees or agents has employed any investment banker, broker or finder in connection with the transactions contemplated hereby.

  • State Filing Fees All fees and expenses imposed on the Fund with respect to the sale of the Fund shares under securities laws of various states or jurisdictions, and, under all other laws applicable to the Fund, or its business activities (including registering the Fund as a broker-dealer, or any officer of the Fund or any person as agent or salesman of the Fund in any state);

  • Computations of Interest and Fees (a) Except for Base Rate Loans computed using the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days. (b) It is the intent of the Lenders and each Borrower to conform to and contract in strict compliance with applicable usury law from time to time in effect. All agreements between the Lenders and the Borrowers are hereby limited by the provisions of this paragraph which shall override and control all such agreements, whether now existing or hereafter arising and whether written or oral. In no way, nor in any event or contingency (including but not limited to prepayment or acceleration of the maturity of any obligation), shall the interest taken, reserved, contracted for, charged, or received under this Credit Agreement, under the Notes or otherwise, exceed the maximum non-usurious amount permissible under applicable law. If, from any possible construction of any of the Credit Documents or any other document, interest would otherwise be payable in excess of the maximum non-usurious amount, any such construction shall be subject to the provisions of this paragraph and such documents shall be automatically reduced to the maximum non-usurious amount permitted under applicable law, without the necessity of execution of any amendment or new document. If any Lender shall ever receive anything of value which is characterized as interest on the Loans under applicable law and which would, apart from this provision, be in excess of the maximum lawful amount, an amount equal to the amount which would have been excessive interest shall, without penalty, be applied to the reduction of the principal amount owing on the Loans of the relevant Borrower and not to the payment of interest, or refunded to the relevant Borrower or the other payor thereof if and to the extent such amount which would have been excessive exceeds such unpaid principal amount of the Loans of the relevant Borrower. The right to demand payment of the Loans of any Borrower or any other indebtedness evidenced by any of the Credit Documents does not include the right to receive any interest which has not otherwise accrued on the date of such demand, and the Lenders do not intend to charge or receive any unearned interest in the event of such demand. All interest paid or agreed to be paid to the Lenders with respect to the Loans shall, to the extent permitted by applicable law, be amortized, prorated, allocated, and spread throughout the full stated term (including any renewal or extension) of the Loans so that the amount of interest on account of such indebtedness does not exceed the maximum non-usurious amount permitted by applicable law.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

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