Common use of Total Amount Payable Clause in Contracts

Total Amount Payable. £X The Total Amount Payable and the APR are calculated using the following assumptions: (i) Credit up to your credit limit has been drawn down immediately at the start of the Agreement in full for 12 months (ii) The credit is repaid in 12 equal monthly instalments with interest calculated in accordance with the terms of this Agreement (iii) The Agreement remains valid throughout that period, that we and you have fulfilled all our obligations to each other under the Agreement by the dates specified in the Agreement and that the Standard Rate has applied for the whole of the 12 month period.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

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Total Amount Payable. £X The Total Amount Payable and the APR are calculated using the following assumptions: (i) Credit up to your credit limit has been drawn down immediately at the start of the Agreement in full for 12 months (ii) The credit is repaid in 12 equal monthly instalments installments with interest calculated in accordance with the terms of this Agreement (iii) The Agreement remains valid throughout that period, that we and you have fulfilled all our obligations to each other under the Agreement by the dates specified in the Agreement and that the Standard Rate has applied for the whole of the 12 month period.

Appears in 1 contract

Samples: Credit Agreement

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Total Amount Payable. £X The Total Amount Payable and above has been calculated (as has the APR are calculated APR) using the following assumptions: (i) Credit up to your credit limit has been drawn down immediately at the start of the Agreement in full for 12 months (ii) The credit is repaid in 12 equal monthly instalments with interest calculated in accordance with the terms of this Agreement (iii) The Agreement remains valid throughout that period, that we and you have fulfilled all our obligations to each other under the Agreement Agreement, by the dates specified in the Agreement Agreement, and that the Standard Rate shown above has applied for the whole of the 12 month period.

Appears in 1 contract

Samples: Credit Agreement

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