Minimum Interest Charge None Sample Clauses

Minimum Interest Charge None. For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at https//xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxxx Annual Fee None. Penalty Fees 1. Late Payment Fee 2. Return Payment Fee up to $20.00 up to $10.00
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Minimum Interest Charge None. For Credit Card Tips from the Consumer To learn more about factors to consider when applying for or using a credit card, visit the website
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Minimum Interest Charge None. For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore • Annual Fee: None • Application Fee: None • Balance Transfer: None • Cash Advance: None • Foreign Transaction: 1% of each transaction in U.S. dollars • Late Payment: Up to $27.00 the first time your payment is late 10 days or more. If you make a subsequent late payment within the following 6 billing cycles, you will be charged up to $29.00 for each late payment. • Over-the-Credit Limit: None • Returned Payment: Up to $27.00 if your payment is returned for any reason $2.00/statement for prior calendar year. Up to $10.00 THE GRANTING OF THIS SECURITY INTEREST IS A CONDITION FOR Shares and deposits in an Individual Retirement Account or any other account that would lose special tax treatment under state or federal law if given are not subject to this security interest. If you have other loans with us, collateral securing such loans will also secure your obligations under this Agreement, unless that other collateral is your principal residence or non-purchase money household goods.
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Minimum Interest Charge None. For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore. Transaction Fees • Cash Advance Either $5 or 3% of the amount of each cash advance, whichever is greater, with a maximum charge of $40.00 • Late payment • Returned payment Up to $29 Up to $29 How We Will Calculate Your Balance: We use a method called “Average Daily Balance (including current transactions)” or Method G for purchases. We use a method called “Average Daily Balance (including current transactions)” or Method A for cash advances. Each method is explained below.  Method G – Average Daily Balance (including current transactions). The Finance Charges for a billing cycle are computed by applying the monthly Periodic Rate to the “average daily balance” of purchases (and if applicable, cash advances). To get the average daily balance, we take the beginning balance of your account each day, add any new purchases or cash advances, and subtract any payments, credits, non- accruing fees, and unpaid finance charges. This gives us the daily balance. Then we add all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. The Finance Charge on purchases begins from the date the transaction is posted to your account. To avoid incurring an additional Finance Charge on the balance of purchases reflected on your monthly statement and, on any new purchases (and if applicable, cash advances) appearing on your next monthly statement, you must pay the New Balance, shown on your monthly statement, on or before the Payment Due Date. The grace period for the New Balance of purchases extends to the Payment Due Date.  Method A – Average Daily Balance (including current transactions). The Finance Charges for a billing cycle are computed by applying the monthly Periodic Rate to the “average daily balance” of your account. To get the average daily balance, we take the beginning balance of your account each day, add any new purchases or cash advances, and subtract any payments, credits, non-accruing fees, and unpaid finance charges. This gives us the daily balance. Then we add all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. The Finance Charge on cash advances begin from the date you obtain the cash advance, or t...
Sample 1
Minimum Interest Charge None. For Credit Card Tips From The Consumer Protection Bureau To learn more about the factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: xxxx://xxx.xxxxxxxxxxxxxxx.xxx/ learnmore TRANSACTION FEES Cash Advance Foreign Transactions In-House Payment Balance Transfer Fee $25.00 for each transaction 1% of each transaction in U.S. dollars $3 for every payment made through the credit union 4% for each balance transferred. PENALTY FEES Late Payment Returned Check (NSF) Over Limit Fee Card Replacement Fee If your payment is not made on or before your due date you will be charged up to $25. You will be charged up to $27 for any check (or any negotiable instrument used for payment) returned unpaid None $10 How We Will Calculate Your Balance We use a method called “Average Daily Balance (including new purchases)”
Sample 1
Minimum Interest Charge None. For Credit Card Tips from the To learn more about factors to consider when applying for or using a credit
Sample 1
Minimum Interest Charge None. For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore ¹New Accounts are defined as a credit card account which has been opened within the past 30 days. This does not include any upgrades from already established or existing credit card accounts and/or any credit limit increases. ²Introductory Rate is available only for balance transfers made within 60 days of account opening. Introductory Rate does not apply to balances transferred from other Tower Federal Credit Union credit cards or loans. Annual Fee None None None Application Fee None None None Balance Transfer None None 2.50% of the amount of each transfer Cash Advance 2.00% of the amount of each cash advance (minimum: $0.75) Cash Advance ATM: $0.75 per cash advance Cash Advance (Over-the- Counter): None 2.50% of the amount of each cash advance (minimum: $0.75) Foreign Transaction None 1.10% of each transaction in U.S. dollars if the transaction involves a currency conversion 1.00% of each transaction in U.S. dollars if the transaction involves a currency conversion Penalty Fees Late Payment Up to $25.00 if your payment is late 5 days or more Up to $20.00 if your payment is late 14 days or more Up to $25.00 if your payment is late 5 days or more Over-the-Credit Limit None None None Returned Payment Up to $20.00 if your payment is returned for any reason. None Up to $20.00 if your payment is returned for any reason.
Sample 1
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Related to Minimum Interest Charge None

  • Minimum Interest Charge If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1. This charge is in lieu of any interest charge.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Interest Charges We calculate a Daily Balance for your Account. We maintain separate balances for your Purchases, Cash Advances and special promotional balances (each, a “Balance Type”) and calculate a Daily Balance for each. To determine the Daily Balance for a Balance Type, each day we take the beginning balance for the Balance Type, add any new charges included in that Balance Type, and subtract any payments and credits applied to that Balance Type. We then multiply the resulting balance by the applicable Daily Periodic Rate. The resulting daily Interest Charge is included in the beginning balance of that Balance Type for the next day. Purchases and Cash Advances are included in the Daily Balance as of the later of the transaction date or the first day of the billing period in which the Purchase or Cash Advance is posted to the Account. Cash Advance Fees are included in the Daily Balance of Cash Advances, and all other fees are included in the Daily Balance of Purchases, when posted to the Account. We figure the Interest Charge on your Account for each Balance Type by multiplying your Daily Balance of each Balance Type by the applicable Daily Periodic rate for each day in the billing cycle. At the end of the billing period, we will add up the daily Interest Charges on all Balance Types for each day in the billing period to get the total Interest Charge for the billing period. Interest Charges begin to accrue on Purchases as of the day the Purchase is included in the Daily Balance. However, if you paid the New Balance that was shown on your previous billing statement by the Payment Due Date on that statement, then (1) we will not impose Interest Charges on Purchases during your current billing period if you pay the New Balance shown on your current billing statement by the Payment Due Date on that statement, and (2) we will credit any payment (to the extent the payment is applied toward Purchases) as of the first day in your current billing period if you make a payment by the Payment Due Date that is less than the current billing period’s New Balance. If a New Balance was shown on your previous billing statement and you did not pay the New Balance by the Payment Due Date on that statement, then we will not impose Interest Charges on any Purchases during the current billing period if you pay the New Balance shown on your current billing statement by the Payment Due Date on that statement. There is no time period in which you may repay a Cash Advance and avoid imposition of Interest Charges. We may be required to apply your payments to certain balances first. This may impact Interest Charges on Purchases. If you do not pay your New Balance in full each month, then, depending on the balance to which we apply your payment, your new Purchases may be subject to interest. .•MINIMUM CHARGE FOR BILLING PERIOD — For any billing period in which an Interest Charge is imposed on your Account, there is a minimum interest charge of $1.00.

  • Minimum Fixed Charge Coverage Ratio As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2015, Borrowers will maintain a Fixed Charge Coverage Ratio of not less than 1.20 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter for the four fiscal quarters ending on that date, to be less than 1.25 to 1.0.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

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