Cash Rate Target definition
Examples of Cash Rate Target in a sentence
Interest at the maximum rate prescribed in Rule 75 of the Legal Profession Uniform General Rules 2015 (“Uniform General Rules”) (being the Cash Rate Target set by the Reserve Bank of Australia plus 2%) will be charged on any amounts unpaid after the expiry of 30 days after a tax invoice is given to you.
This will be calculated on any balance outstanding 30 days from an account being rendered, on a monthly basis, at the rate being 2% above the Cash Rate Target fixed by the Reserve Bank of Australia.
Interest at the maximum rate prescribed in Rule 75 of the Legal Profession Uniform General Rules 2015 (Uniform General Rules) (being the Cash Rate Target set by the Reserve Bank of Australia plus 2%) may be charged on any amounts unpaid after the expiry of the due date for payment as stated on the tax invoice we issue to you.
Interest is charged at the rate equal to the Cash Rate Target (as defined by the Regulations) plus 2%.
We may charge the Client interest on all outstanding amounts due and payable under these Terms at an annualised rate of 2% above the Reserve Bank of Australia Cash Rate Target, compounded daily, and an additional amount for any expenses incurred by us in collecting any overdue amounts (including the cost of engaging a debt recovery agent or a lawyer).
If a bill remains unpaid 30 days after you receive it, we may charge you interest at a rate not exceeding the Cash Rate Target, as fixed by the Reserve Bank of Australia, plus 2%, at the date the bill is issued.
Interest Charges Interest at the maximum rate prescribed in Rule 75 of the Legal Profession Uniform General Rules 2015 (“Uniform General Rules”) (being the Cash Rate Target set by the Reserve Bank of Australia plus 2%) will be charged on any amounts unpaid after the expiry of 30 days after a tax invoice is given to you.
The consolidated financial statements of the Performance Guarantor and its subsidiaries, heretofore delivered to the Lenders were prepared in accordance with generally accepted accounting principles in effect on the date such statements were prepared and fairly present the consolidated financial condition and operations of the Performance Guarantor and its Subsidiaries at such date and the consolidated results of their operations for the period then ended.
If the Advertiser has not paid an invoice in full by that date, the Advertiser must pay interest on any unpaid amount from that date until the date of payment, to be calculated on a daily basis at a rate of 3 percentage points over the Reserve Bank of Australia Cash Rate Target.
The interest rate is two percentage points more than the Cash Rate Target specified by the Reserve Bank for the day the invoice was issued, calculated from that day.