Requirement to Pay. If the Account Balance is not reimbursed or if a payment has not been made by the scheduled due date, the following fees may apply: a) accrued interest and fees on the outstanding balance, such interest and fees to be calculated based on the annual interest rate in effect; b) legal fees incurred by the Bank or in its name with regard to proceedings taken in order to collect or attempt to collect the Account Balance; and c) fees incurred to process a cheque or other payment instrument that was used to make a payment but was not honoured.
Appears in 3 contracts
Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement
Requirement to Pay. If the Account Balance is not reimbursed or if a payment has not been made by the scheduled due date, the following fees may apply:
a) accrued interest and fees on the outstanding balanceBalance, such interest and fees to be calculated based on the annual interest rate in effect;
b) legal fees incurred by the Bank or in its name with regard to proceedings taken in order to collect or attempt to collect the Account Balance; and
c) fees incurred to process a cheque or other payment instrument that was used to make a payment but was not honoured.
Appears in 2 contracts
Samples: Credit Card Agreement, Agreement Governing the Use of Credit Cards
Requirement to Pay. If the Account Balance account balance is not reimbursed or if a payment has not been made by the scheduled due date, the following fees may apply:
a) accrued interest and fees on the outstanding balance, such interest and fees to be calculated based on the annual interest rate in effect;
b) legal fees incurred by the Bank or in its name with regard to proceedings taken in order to collect or attempt to collect the Account Balanceaccount balance; and
c) fees incurred to process a cheque or other payment instrument that was used to make a payment but was not honoured.
Appears in 1 contract
Samples: Agreement Governing the Use of the Laurentian Bank Visa Cards
