INTEREST ON DEBIT BALANCES Sample Clauses

INTEREST ON DEBIT BALANCES. Debit balances of the accounts of the undersigned will be charged with interest, in accordance with your usual custom, and with any increases in rates caused by money market conditions, and with such other charges as you may make to cover your facilities and extra services. The interest rate shall be the interest rate designated by you from time to time as being your interest rate for determining interest on debit balances in accounts with you, and the undersigned waives notice of changes to such rates.
Sample 1Sample 2Sample 3See All (6)
INTEREST ON DEBIT BALANCES. Without prejudice to Clause 17 (if applicable), you agree to pay interest on the Debit Balances in your Accounts, before and after any judgment, at such rate as SoFi HK may in its discretion reasonably determine and notify to you from time to time (whether in writing, verbally or through the Internet). Such interest will accrue on a daily basis and be payable on the last Business Day of each calendar month or upon demand by SoFi HK. Overdue interest shall be compounded monthly and will itself bear interest. For the avoidance of doubt, a variation of the interest rate or any fees or charges pursuant to the provisions of this Agreement shall not constitute an amendment of this Agreement for the purpose of Clause 34 or otherwise.
Sample 1Sample 2Sample 3See All (6)
INTEREST ON DEBIT BALANCES. Debit balances are not permitted in your limited margin account. No other interest will be charged.
Sample 1Sample 2
INTEREST ON DEBIT BALANCES. Debit balances in any of your Accounts may be charged interest by Xxxxxxxx in accordance with CFS, WFS and Pershing’s established custom, as disclosed to you pursuant to the provisions of Rule 10b-16 promulgated under the Securities Exchange Act of 1934, as amended. 17.
Sample 1
INTEREST ON DEBIT BALANCES. Interest shall be charged and compounded on the Account’s debit balance according to the Clearing Agent’s Statement.
Sample 1
INTEREST ON DEBIT BALANCES. We will charge and compound interest on your debit balances (whether in a Margin or Cash Account) according to our Disclosure of Credit Terms and Policies.
Sample 1
AutoNDA by SimpleDocs

Related to INTEREST ON DEBIT BALANCES

  • Interest on Deposits Any interest earned on cash deposits will be credited to CLEC in the amount actually earned or at the rate set forth in Section 8.7 below, whichever is lower, except as otherwise required by law, provided that, for elimination of doubt, the Parties agree that such deposits are not subject to state laws or regulations relating to consumer or End User Customer cash deposits. Cash deposits and accrued interest, if applicable, will be credited to CLEC's account or refunded, as appropriate, upon the earlier of the expiration of the term of this Agreement or the establishment of satisfactory credit with Qwest, which will generally be one full year of consecutive timely payments of undisputed amounts in full by CLEC. Upon a material change in financial standing, CLEC may request, and Qwest will consider, a recalculation of the deposit. The fact that a deposit has been made does not relieve CLEC from any requirements of this Agreement.

  • Interest on Loans (a) Except as otherwise set forth herein, each Class of Loan shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof as follows:

  • INTEREST ON ARREARS Any interest instalment unpaid on maturity shall yield interest, of right and without formal notice, at the same rate as applicable to the portion of the loan whose interest is unpaid on maturity, such interest being payable to the Lender on request.

  • No Interest on Capital Contributions Members are not entitled to interest or other compensation for or on account of their capital contributions to the Company except to the extent, if any, expressly provided in this Agreement.

  • Interest on Late Payments a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

  • Interest on late payment Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Time is Money Join Law Insider Premium to draft better contracts faster.