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
Department will supply temporary electrical power supply for onsite fabrication/ erection activities at a fixed point in MCC room on chargeable basis (Applicable charge is Rs.8/- per kW-h as on date).
Applicable charge percentage[s]: 33[1.30%] ] 37[During the Surrender Charge period for the initial Premium Payment: 33[1.30%] Following the expiration of the Surrender Charge periodfor the initial Premium Payment: 33[1.10%]] ] POLICY SERVICE CHARGE: On each Policy Anniversary and on the date this Policy is surrendered the sum of 38[$30] may be deducted from the Accumulation Value, pro-rata from each Allocation Option.
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 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 means the amount of interest 34
Applicable charge has the meaning set forth in Section 4.07.
Applicable charge means the amount of interest 65