Minimum Amount Due Sample Clauses

Minimum Amount Due. The statement will show the minimum payment due. The amount will be determined by the bank from time to time. This will be calculated as a percentage of the outstanding balance on the statement or a flat charge rate (which ever is higher). The minimum payment due is due and payable by the Cardholder to the bank on or before the payment due date. Payments takes place only when the bank services it and credits the same to the Cardholders account, and not when the Cardholder dispatches it. The Cardholder will be required to pay the bank immediately if the Card account is over due or the credit limit is exceeded, and the same will be notified on the statement. The payment by the Cardholder to the bank may be more than the minimum payment due, or may be made before the payment due date, or more than once during the billing period. Such payments to the bank must be made in Sri Lankan Rupees in the manner indicated on the statement.
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Minimum Amount Due. You agree to pay us at least the Minimum Amount Due by the due date specified in your statement. The Minimum Amount Due is calculated as set out in the FPO Financial Table. You can always pay us (i) more than the Minimum Amount Due, (ii) before the due date, (iii) more often than once a month, or (iv) the outstanding balance at any time. Please note that credits for example as a result of goods that are returned to a merchant or a service fee credit, do not constitute a payment and do not satisfy the requirement to pay the Minimum Amount Due.
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Minimum Amount Due. The statement will show the minimum payment due. The amount will be determined by the bank from time to time.This will be calculated as follows: 1. If the current balance is less than or equal to LKR 500, you will be required to pay the balance in full. 2. If the current balance is more than LKR 500, the Minimum Amount Due will include the following, - Fees/charges - 100% - Finance/interest Charges – 100% - Any amount payable over and above the credit limit of the Credit Card – 100% - Amount of the unpaid/outstanding minimum payment amount due in the previous month(s) – 100% - Fixed monthly installment (if enrolled for installment plans) – 5% - Balance Transfers (if enrolled) – 1% - Cash Advances (if any) – 1% - Retail transaction balance – 1% The minimum payment due is due and payable by the Cardholder to the bank on or before the payment due date. Payments takes place only when the bank services it and credits the same to the Cardholders account, and not when the Cardholder dispatches it. The Cardholder will be required to pay the bank immediately if the Card account is over due or the credit limit is exceeded, and the same will be notified on the statement. The payment by the Cardholder to the bank may be more than the minimum payment due, or may be made before the payment due date, or more than once during the billing period. Such payments to the bank must be made in Sri Lankan Rupees in the manner indicated on the statement.
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Minimum Amount Due. Notwithstanding anything contained in this Agreement, the Borrower shall be liable to deposit in the Account, the Minimum Amount Due, which shall be computed and shall be payable as follows: (a) first the percentage indicated in Item no. XIV of Schedule A hereto shall be applied on the average outstanding in the Account during a month. (b) If there is any amount outstanding in the said month over the Operating Limit, the same shall be added to the resulting amount of the aforesaid calculation. (c) The aggregate amount so arrived shall be the Minimum Amount Due, which shall be payable latest by the date of the next month more particularly mentioned in Item No. XIV of Schedule A hereto. Provided that in the event the Minimum Amount Due is not deposited in the said Account by the said date, then in computing the Minimum Amount Due for the following month, which shall be computed as per the formulae above, the amount arrived at pursuant to (a) above for the previous month shall be also added to determine the Minimum Amount Due. Nothing in this clause shall in any manner affect the liability of the Borrower to deposit the Interest in the Account pursuant to the other provisions of this Agreement.
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Minimum Amount Due. You agree to pay us at least the Minimum Amount Due by the due date specified in your statement. The Minimum Amount Due is calculated as set out in the FPO Financial Table. Payments will be treated as clearing arrears before they are treated as payment of your minimum payment. Credits, for example as a result of returned goods or a fee credit, are not considered a payment for the purpose of paying the Minimum Amount Due. If you have enrolled your Linked Charge Card Account in Direct Debit, your Minimum Amount Due will be automatically deducted (not the full closing balance). If you would like to pay more than the Minimum Amount Due, you may do so via online account or by calling the number at the back of your Card.
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Minimum Amount Due. Notwithstanding anything contained in this Agreement, the Borrower and/or the Co-Borrower/s and/or the Guarantor/s shall be liable to deposit in the Account, the Minimum Amount Due, which shall be computed and shall be payable as follows: (a) first the percentage indicated in Item no. XVI of Schedule A hereto shall be applied on the outstanding in the Account at the end of the month inclusive of interest . (b) If there is any amount outstanding in the said month over the Operating Limit, the same shall be added to the resulting amount of the aforesaid calculation. (c) The aggregate amount so arrived shall be the Minimum Amount Due, which shall be payable latest by the date of the next month more particularly mentioned in Item No. XVI of Schedule A hereto. Provided that in the event the Minimum Amount Due is not deposited in the said Account by the said date, then in computing the Minimum Amount Due for the following month, which shall be computed as per the formulae above, the amount arrived at pursuant to (a) above for the previous month shall be also added to determine the Minimum Amount Due. Nothing in this clause shall in any manner affect the liability of the Borrower and/or the Co-Borrower/s and/or the Guarantor/s to deposit the Interest in the Account pursuant to the other provisions of this Agreement. 2.6 Joint and Several liabilities of the Borrower and/or the Co-Borrower/s and/or the Guarantor/s(s)
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Related to Minimum Amount Due

  • Minimum Amount No prepayment shall be required pursuant to Section 5.2(a)(i) (i) in the case of any Disposition yielding Net Cash Proceeds of less than $1,000,000 in the aggregate and (ii) unless and until the amount at any time of Net Cash Proceeds from Prepayment Events required to be applied at or prior to such time pursuant to such Section and not yet applied at or prior to such time to prepay Term Loans pursuant to such Section exceeds (x) $10,000,000 for a single Prepayment Event or (y) $50,000,000 in the aggregate for all Prepayment Events (other than those which are either under the threshold specified in subclause (i) or over the threshold specified in subclause (ii)(x)) in any one fiscal year, at which time all such Net Cash Proceeds referred to in this subclause (y) with respect to such fiscal year shall be applied as a prepayment in accordance with this Section 5.2.

  • Minimum Amounts (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and (B) in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5,000,000 unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, however, that concurrent assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met.

  • Maximum Amount In consideration of the services to be performed by Contractor, the State agrees to pay Contractor, in accordance with the payment provisions specified in Attachment B, a sum not to exceed $250,000.00.

  • Minimum Amount of Each Advance Each Eurodollar Advance shall be in the minimum amount of $5,000,000 and in multiples of $1,000,000 if in excess thereof. Floating Rate Advances may be in any amount.

  • Maximum Amount Payable The maximum amount payable under this contract without modification is shown in Attachment E, Fee Schedule. Payment under this contract beyond the end of the current fiscal biennium is subject to availability of appropriated funds. If funds are not appropriated, this contract shall be terminated immediately with no liability to either party.

  • Minimum Amount of Each Borrowing The aggregate principal amount of each Borrowing of Loans shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than 15 Borrowings of Euro Rate Loans.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Minimum Commitment If for a certain Service a minimum commitment has been determined in the Agreement, the Customer guarantees to respect the minimum commitment described in the Agreement during the entire period of the Agreement. If the Customer does not respect this minimum commitment, the Customer shall pay the compensation mentioned in the Agreement. If no compensation has been mentioned in the Agreement, the Customer has to pay the applicable Charges for the respective Service, or the average of the applicable Charges if different Charges are applied for the respective Service, per missing number of its minimum commitment. Services that are timely cancelled by the Customer or Services for which the Customer has paid a cancellation fee , do not, even not partly, release the Customer from its obligation to respect the minimum commitment . Services cancelled as due to Force Majeure and Services cancelled by Lineas for other reasons than Force Majeure, will be considered as a Services ordered and paid for by the Customer. Services cancelled by the Customer or by Lineas because of holidays do not, even not partly, release the Customer from its obligation to respect its minimum commitment.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

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