PAYMENT AND REPAYMENT Sample Clauses
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. 19 Section 4.1.
PAYMENT AND REPAYMENT. 49 Section 4.1 Mandatory Repayments and Prepayment................49 Section 4.2
PAYMENT AND REPAYMENT. 46 Section 4.1. Mandatory Prepayment..........................................46 Section 4.2.
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. 31 Section 4.1. Mandatory Payment..............................................................31 Section 4.2. Voluntary Prepayment...........................................................32 Section 4.3. Payment and Interest Cutoff....................................................32 Section 4.4. Payment or Other Actions on Non-Business Days..................................32 Section 4.5. Method and Timing of Payments..................................................32 Section 4.6. Sharing of Payments, Etc.....................................................
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. Payment. The Holder encloses herewith a check payable to, or will immediately make a wire transfer payment to, “Phoenix International Ventures, Inc.” or to its wholly owned subsidiary “Phoenix Europe Ventures, Ltd” in the full amount of the Note. The date of issuance shall be determined to be the date the funds appear in the company’s bank account.
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. Payroll checks shall be issued to the employee on the last business day of each month and, upon request, shall be deposited in the employee's account. Corrections shall be made on or before the 15th day of the next month. When an overpayment is made, repayment deductions shall be made over two pay periods, provided cumulative errors shall be corrected at the rate they accumulate, except as to an employee who is leaving the District, repayment must be made before the final check is issued.