Applicable charge means the amount of interest attributable to each monthly installment period of the loan contract. The applicable charge is computed as if each installment period were one month and any charge for extending the first installment period beyond one month is ignored. In the case of loans originally scheduled to be repaid in sixty-one months or less, the applicable charge for any installment period is that proportion of the total interest contracted for, as the balance scheduled to be outstanding during that period bears to the sum of all of the periodic balances, all determined according to the payment schedule originally contracted for. In all other cases, the applicable charge for any installment period is that which would have been made for such period had the loan been made on an interest-bearing basis, based upon the assumption that all payments were made according to schedule.
Applicable charge means the rate, charge, tariff, flat rate or support determined by the Municipality;
Applicable charge means the rate, charge, tariff, flat rate, subsidy or any other cost prescribed by the Council from time to time;
Examples of Applicable charge in a sentence
For the avoidance of doubt, (i) the portion of any such distributions made in respect of Brookfield-Owned Units shall be further apportioned and distributed pursuant to the priorities set forth in Section 4.02(b), (ii) the General Partner, in its capacity as such, shall not participate in any distributions and (iii) the Class P Preferred Units shall not participate in any distributions, other than with respect to the Applicable Charge.
More Definitions of Applicable charge
Applicable charge means the rate, charge, tariff, flat rate, subsidy or any other cost prescribed by the municipality ;
Applicable charge means the amount of interest 34
Applicable charge means the charge fixed by the Lord Chancellor in accordance with section 98(4) of the Act, or in accordance with section 98(4) as applied by section 98(7)(b) of the Act;
Applicable charge has the meaning set forth in Section 4.07.
Applicable charge means the amount of interest 65