Billing Cycle definition

Billing Cycle for any Mortgage Loan and Collection Period means the billing period specified in the related Credit Line Agreement and with respect to which amounts billed are received during the Collection Period.
Billing Cycle. With respect to any Mortgage Loan and Due Date, the calendar month preceding such Due Date.
Billing Cycle means the time interval between periodic billing statement dates.

Examples of Billing Cycle in a sentence

  • We will send you an electronic Statement at the end of each Billing Cycle, unless not required by law or the law prohibits us from doing so.

  • For the avoidance of doubt, if this Contract is terminated prior to the end of a Billing Cycle Period, any credit amount as described in Clause 21(c) above which may be subsisting shall be adjusted to zero without any compensation to the Consumer.

  • You have the option of paying the New Balance of Your Account, as disclosed on Your monthly billing statement, in full within twenty-five (25) days of the disclosed Billing Cycle Closing Date.

  • For the avoidance of doubt, any remaining credit amount which may be subsisting at the end of each Billing Cycle Period or upon the termination of this Contract, as the case may be, shall be adjusted to zero without any compensation to the Consumer.

  • The Annual Percentage Rate is determined each Billing Cycle by adding the applicable margins listed in the Interest Rate and Fee Disclosure Table to the Index Rate.


More Definitions of Billing Cycle

Billing Cycle means the regular recurrent period in which a customer
Billing Cycle means in relation to a Supply Point, the frequency of the invoicing set for it on the Contract Information Pack;
Billing Cycle means the interval of time between regular periodic Billing Dates for an Account.
Billing Cycle means the time period between billing statements and is used to manage your Account. Each Statement shows the closing data, which is the last day of the Billing Cycle.
Billing Cycle or "cycle" means the interval between days or dates of regular periodic statements. These intervals shall be equal and no longer than a quarter of a year. An interval shall be considered equal if the number of days in the cycle does not vary more than 4 days from the regular day or date of the periodic statement.
Billing Cycle means the time period between the dates of issuing two consecutive “Statements of Account”.
Billing Cycle means the start of the cycle on which the account is printed to the date on which it falls due and payable;