Arranged Overdraft Interest definition

Arranged Overdraft Interest means interest You pay when You have an Arranged Overdraft in accordance with Clause 14.3;
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Arranged Overdraft Interest means the interest you pay when you have an Arranged
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Arranged Overdraft Interest means interest You pay when You have an Arranged Overdraft in
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Examples of Arranged Overdraft Interest in a sentence

  • You will continue to pay the Arranged Overdraft Interest rate on the full amount by which the Account is overdrawn (including any unarranged excess).

  • The Arranged Excess Interest rate will be an additional margin over and above the Arranged Overdraft Interest rate.

  • The interest rate applicable to Your Arranged Overdraft is called the Arranged Overdraft Interest rate and this rate is advised on Your statement.

  • The interest rate applicable to any arranged excess consists of two elements (1) You will pay the Arranged Overdraft Interest rate on the full amount by which Your Account is overdrawn (including any arranged excess) and (2) You will also pay the Arranged Excess Interest rate on the amount of the arranged excess.

  • The Arranged Overdraft Interest rate is made up of 2 elements- (1) an interest reference rate as described in Clause 16.3 and (2) a variable margin "the Margin".

  • The interest rate applicable to Your Arranged Overdraft is called the Arranged Overdraft Interest rate and this rate will be advised in the facility letter.

  • The Arranged Overdraft Interest rate is made up of 2 elements – (1) an interest reference rate as described in Clause 13.3 and (2) a variable margin “the Margin”.

  • Then, once you have paid £500 into your account, you’ll receive the allowances below.The following rates, fees and charges apply when using an overdraft: Allowances Arranged Overdraft Interest Rate*APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.

  • The rate applicable to the amount of the Unauthorised Excess will be the Arranged Overdraft Interest rate plus the Surcharge Interest rate and these rates will be advisedto you on your statement (Arranged Overdraft Interest may be referred to as Debit interest on your statement).

  • The following rates, fees and charges apply when using an overdraft: Monthly Fee Arranged Overdraft Interest Rate Unarranged Overdraft Interest Rate Fee for allowing a payment despite lack of funds Fee for refusing a payment due to lack of fundsFee not chargedRepresentative 39.94% APR*/EAR**(variable) *APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.


More Definitions of Arranged Overdraft Interest

Arranged Overdraft Interest means the inter- est you pay when you have an Arranged Over- draft in accordance with Clause 2.3 of Part 3; “Bank” means Danske Bank A/S trading as Danske Bank acting through its offices at 3 Har- bourmaster Place, IFSC, Dublin 1, D01 K8F1; “BIC” means the Bank Identifier Code, some- times known as the SWIFT Code. The BIC for your Account with us is DABAIE2D; “Borrower” means, in relation to any Credit Arrangement, the Customer that has availed,
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Arranged Overdraft Interest means interest You pay when You have an Arranged Overdraft or an arranged excess in accordance with Clause 14; “Authorised User” means anyone who You have authorised to access Your Account using Our eBanking Services. We will issue this person with an Electronic Signature.
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Arranged Overdraft Interest means the interest you pay when you have an Arranged Overdraft in accordance with Clause 2.3 of Part 3;
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Related to Arranged Overdraft Interest

  • Uncertificated Accrued Interest With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month’s interest at the related Uncertificated Pass-Through Rate on the related Uncertificated Principal Balance or related Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.02).

  • Investment interest means investment interest as defined in section 163(d)(3) of the Internal Revenue Code.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Asset Interest is defined in Section 2.1(b).

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Water interest means any right to the beneficial use of water, including:

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Purchaser Interest means, at any time, an undivided percentage ownership interest (computed as set forth below) associated with a designated amount of Capital, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest, (ii) all Related Security with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: C / (NRB - AR) where: C = the Capital of such Purchaser Interest. NRB = the Net Receivables Balance. AR = the Aggregate Reserves. Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.

  • Class C Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class C Distributable Interest Rate on a notional amount equal to the aggregate principal balance of the Lower Tier REMIC Regular Interests immediately prior to such Distribution Date, plus the interest portion of any previous distributions on such Class that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class C Certificates.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Prepayment Interest Excess Amount With respect to any Principal Prepayment in full which is applied to the related Mortgage Loan from the first day of the month of any Remittance Date through the sixteenth day of the month of such Remittance Date, all amounts paid in respect of interest on such Principal Prepayment in full. A Prepayment Interest Excess Amount cannot result from a Principal Prepayment in part, but only from a Principal Prepayment in full.

  • Advance Interest means the interest accrued on any Servicing Advance which is payable to the party that made that Servicing Advance, in accordance with the Lead Securitization Servicing Agreement.

  • LIBOR Certificates As specified in the Preliminary Statement.

  • Receivable Interest means, at any date of determination, an undivided percentage ownership interest in (a) all then outstanding Pool Receivables arising prior to the time of the most recent computation or recomputation of such undivided percentage interest pursuant to Section 1.03, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Each undivided percentage interest shall be computed as C + YR + LR + CAFR +DR NRPB where:

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Settlement Interest Rate means, for the first calendar quarter or portion thereof during which interest accrues, the rate determined by the Receiver to be equal to the equivalent coupon issue yield on twenty-six (26)-week United States Treasury Bills in effect as of Bank Closing as published in The Wall Street Journal; provided, that if no such equivalent coupon issue yield is available as of Bank Closing, the equivalent coupon issue yield for such Treasury Bills most recently published in The Wall Street Journal prior to Bank Closing shall be used. Thereafter, the rate shall be adjusted to the rate determined by the Receiver to be equal to the equivalent coupon issue yield on such Treasury Bills in effect as of the first day of each succeeding calendar quarter during which interest accrues as published in The Wall Street Journal.

  • Accrued Certificate Interest With respect to each Distribution Date, as to any Class or Subclass of Certificates (other than any Principal Only Certificates), interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Certificate Principal Balance or Notional Amount thereof immediately prior to such Distribution Date. Accrued Certificate Interest will be calculated on the basis of a 360-day year, consisting of twelve 30-day months. In each case Accrued Certificate Interest on any Class or Subclass of Certificates will be reduced by the amount of:

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Interest Reserve means, for any Calculation Period, the product (expressed as a percentage) of (i) 1.5 times (ii) the Alternate Base Rate as of the immediately preceding Cut-Off Date times (iii) a fraction the numerator of which is the highest Days Sales Outstanding for the most recent 12 Calculation Periods and the denominator of which is 360.