PAYMENT AND REPAYMENT. (a) Upon receipt of the Card Statement, the Cardmember must pay to the Card Account the minimum payment due as set out below or up to the outstanding balance shown on the Card Statement (“Outstanding Balance”) on or before the Payment Due Date as stated in the Card Statement.
(b) The minimum payment due will comprise the following:
(i) 5% of the Outstanding Balance (comprising retail transactions, any monthly instalment plans signed up before 2 October 2019, Cash Advances, finance charges and fees, if any);
(ii) 100% of all Monthly Instalments due arising from any Easy Payment Plan, Balance Transfer Plan, CashXcess Plan and all other instalment plans available from time to time, if any, signed up from 2 October 2019 onwards;
(iii) 100% of all Monthly Instalments due arising from any Automatic Balance Conversion, if any;
(iv) the unpaid minimum payment (if any) specified in the Card Statement of the preceding month;
(v) the amount utilised in excess of the Card Limit during the month for which the Card Statement is issued, if any; and
(vi) the Card Service Tax and any other value-added or consumption tax imposed from time to time,
7.2 If the Cardmember does not make payment of the Outstanding Balance (other than any Cash Advance) in full by the Payment Due Date, RHB Bank may charge and the Cardmember is liable to pay finance charges as described in Clause 12.
7.3 In addition to Clauses 7.1 and 7.2 and the other rights of RHB Bank contained in this Agreement, if the Cardmember fails, refuses or neglects to pay to RHB Bank an amount equal to or more than the minimum payment due above by the Payment Due Date, then the Cardmember will also be liable to pay late payment charges described in Clause 12.1(g).
7.4 All payments to the Card Account must be made in the billing currency in which the Card Statement is made. Payment by the Cardmember will not be considered to have been made until the relevant payments have been received for value by RHB Bank.
(a) Any payment made by the Cardmember to the Card Account:-
(i) is not to be subject to any deduction whether for counter-claim and/or set- off against the Merchant, the VISA Member Bank or MasterCard Member Bank and/or RHB Bank; and
(ii) is to be applied towards payment of the Outstanding Balance according to their interest rates, with items attracting the highest interest rate paid first.
(b) The Cardmember agrees that Section 60 of the Contracts Act, 1950, which allows the Cardmember to appropriate any payment ma...
PAYMENT AND REPAYMENT. 28 Section 4.1. Mandatory Prepayment................................................................. 28 Section 4.2.
PAYMENT AND REPAYMENT. 19 Section 4.1.
PAYMENT AND REPAYMENT. 7.1 Upon receipt of the Card Statement, the Cardmember shall pay to the Card Account the minimum payment due as set out below or up to the outstanding balance shown on the Card Statement (the Outstanding Balance) on or before the Payment Due Date as stated in the Card Statement. The minimum payment due shall be:
PAYMENT AND REPAYMENT. In accordance with state law, all employees shall be paid in twelve (12) monthly installments. Each check shall contain one-twelfth (1/12) of the employee’s contracted salary.
PAYMENT AND REPAYMENT. 22 Section 4.1. Mandatory Prepayment....................................................................22 Section 4.2. Voluntary Prepayment....................................................................22 Section 4.3. Payment and Interest Cutoff...........................................................
PAYMENT AND REPAYMENT. (a) Where the Broker chooses, is obliged, or is requested to deliver to the Client Digital Assets recorded as being held in the Broker’s Account, the Broker may elect in its absolute discretion to deliver instead either equivalent Digital Assets or the cash value of such Digital Assets determined:
(1) if an Event of Default or the Termination Date has not occurred, by reference to their Market Value; or
(2) if an Event of Default or the Termination Date has occurred, by the Broker in good faith, but otherwise in its absolute discretion. The delivery of such equivalent Digital Assets or cash value shall satisfy such request and discharge the Broker’s obligations to the Client in respect of such Digital Assets.
(b) Following a written request from the Client (or as agreed by the parties) the Broker shall be obliged to deliver to the Client within a reasonable time a consolidated statement of account in respect of Collateral Moneys and the Digital Securities Account.
(c) As security for the payment and performance of its Obligations to the Broker, which it hereby covenants to pay or perform as appropriate, the Client hereby grants to the Broker a full title guarantee over its Digital Assets.
PAYMENT AND REPAYMENT. Section 4.1. Mandatory Prepayment ........................................................................... 27 Section 4.2. Schedule of Installment Payments of Principal .................................................. 27 Section 4.3.
PAYMENT AND REPAYMENT. 35 Section 4.1. MANDATORY PREPAYMENT....................................35 Section 4.2. VOLUNTARY PREPAYMENTS...................................36 Section 4.3. PAYMENT AND INTEREST CUTOFF.............................36 Section 4.4. PAYMENT OR OTHER ACTIONS ON NON-BUSINESS DAYS...........36 Section 4.5. METHOD, TIMING AND APPLICATION OF PAYMENTS..............37 Section 4.6. PAYMENTS NOT AT END OF INTEREST PERIOD..................37 Section 4.7. CURRENCY................................................38
