Minimum Monthly Interest Charge. As not prohibited by Applicable Law, if the Interest Charge that results from the application of the above stated daily periodic rate (the "Calculated Interest Charge"), is less than $0.50, we will impose a minimum monthly INTEREST CHARGE of $0.50.
Appears in 3 contracts
Samples: Retail Charge Agreement, Retail Instalment Credit Agreement, Retail Charge Agreement
Minimum Monthly Interest Charge. As not prohibited by Applicable Law, if the Interest Charge that results from the application of the above stated daily periodic rate (the "Calculated Interest Charge"), is less than $0.501.00, we will impose a minimum monthly INTEREST CHARGE of $0.501.00.
Appears in 2 contracts
Minimum Monthly Interest Charge. As not prohibited allowed by Applicable Law, if the Interest Charge that results from the application of the above stated daily periodic rate (the "Calculated Interest Charge"), is less than $0.50, we will impose a minimum monthly INTEREST CHARGE of $0.50.
Appears in 1 contract
Samples: Retail Charge Agreement
