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Common use of PAYMENTS AND CREDITS Clause in Contracts

PAYMENTS AND CREDITS. will generally be applied to amounts outstanding at the time the payment or credit is received in the following order: Cash Advance Finance Charges, Purchase Finance Charges, Late Fees, Cash Advance Accruing Balances (oldest paid first), Purchase Accruing Balances (oldest paid first), Non-Accruing Balances

Appears in 3 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Visa Cardholder Agreement

PAYMENTS AND CREDITS. will generally be applied to amounts outstanding at the time the payment or credit is received in the following order: (1) Cash Advance Finance Charges, Charge (2) Purchase Finance Charges, Charges (3) Late Fees, Fees (4) Annual Fees (5) Cash Advance Accruing Balances (oldest balance is paid first), ) (6) Purchase Accruing Balances (oldest balance is paid first), Non-Accruing ) (7) Non -Accruing Balances

Appears in 1 contract

Samples: Commercial Cardholder Agreement