Common use of METHOD OF CHARGING INTEREST Clause in Contracts

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General Terms.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment of will be charged to the Loan is secured over on the property described below, the property described in the “Existing Security Details” and last day of each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General Termsmonth.

METHOD OF CHARGING INTEREST. Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment is charged to your account monthly. Total interest charges $ This is the total amount of the Loan is secured over interest charges payable under this contract based on the property described belowcurrent interest rate and the initial unpaid balance, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms of which apply to the security interest are out in clause 7.1 of the General Termsmay change.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance amounts outstanding on your Nominated Account at the end of the each day by a the relevant daily interest raterate applying to each portion of the amounts outstanding. The daily interest rate is calculated by dividing the relevant annual interest rate by 365. Principal and Interest The repayment will be debited from your Nominated Account on the last Business Day of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule month (if anyexcluding interest calculated for that day). The Terms which apply to the security interest are out in clause 7.1 of the General Terms.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest Securities The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General Terms.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply will be charged to the security interest are out in clause 7.1 Flexi Loan Facility on the last day of each month. PAYMENTS: The Borrower will make sufficient payments to ensure that the General TermsFlexi Loan Facility does not exceed the Credit Limit at any time.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply will be charged to the security interest are out in clause 7.1 Overdraft Loan Facility on the last day of each month. PAYMENTS:The Borrower will make sufficient payments to ensure that the General TermsOverdraft Loan Facility does not exceed the Credit Limit at any time.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment is charged to your account at the end of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General Termsmonth.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General theGeneral Terms.

METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Principal and Interest The repayment of will be charged to the Loan is secured over on the property described below, the property described in the “Existing Security Details” and last day of each Additional Security Schedule (if any)month. The Terms which apply to the security interest are out in clause 7.1 of the General Terms.Initial