Collateral charge definition

Collateral charge. Offs shall thereafter be reimbursed and the Collateral Invested Amount increased (but not by an amount in excess of the aggregate unreimbursed Collateral Charge-Offs) on any Distribution Date by the amount of Excess Spread and Excess Finance Charge Collections allocated and available for that purpose pursuant to SECTION 4.07(h).
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Collateral charge means a charge, fee or cost to the consumer related to the sale or lease of a motor vehicle, such as:
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Collateral charge means all governmental charges, including but not limited to sales tax, property
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Examples of Collateral charge in a sentence

  • A standard payment of $10 is payable on a Collateral charge when the full rate of duty has been paid on the head Debenture.

  • Sir Andrew Likierman presented the experience of the UK governments’ transition from cash to accrual.

  • The loans are also secured by Collateral charge as First pari passu charge (negative lien) over land situated at Plot No. 138, NSEZ, Noida, UP, and entire fixed assets of the company including assets at NSEZ (excluding land at NSEZ) and including Equitable Mortgage over land and building situate at KH -43 Sector 45, Mewla Maharajpur, Faridabad.

  • Evidence of the payment of duty on the monies advanced under the Debenture should be lodged with the Collateral charge.

  • Working Capital Loan from State Bank of India and Standard Chartered Bank are Secured by hypothecation of Stock, Book Debts and further secured by way of Collateral charge on office premises, Fixed Deposits with Banks and the Personal Guarantees of Shri Nitin Shah and Shri Prakash Shah.


More Definitions of Collateral charge

Collateral charge means all governmental charges, including but not limited to sales tax, property tax, license and registration fees, and fees in lieu of tax.
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Collateral charge. Offs shall thereafter be reimbursed and the Collateral Invested Amount increased (but not by an amount in excess of the aggregate unreimbursed Collateral Charge-Offs) on any Distribution Date by the amount of Excess Spread and Excess Finance Charge Collections allocated and available for that purpose pursuant to subsection 4.7(i). (d) On each Determination Date, the Servicer shall calculate the Class D Default Amount. If, on any Distribution Date the Class D Default Amount for the previous Monthly Period exceeds the amount of Excess Spread and Excess Finance Charge Collections allocated to Series 1998-2 with respect to the related Monthly Period which are allocated and available to pay such amount pursuant to subsection 4.7(l), the Class D Invested Amount (after giving effect to any reductions for Redirected Principal Collections pursuant to Section 4.8 on such Distribution Date and any reductions pursuant to subsections 4.6(a), 4.6(b) and 4.6(c)) will be reduced by the amount of such excess, but not by more than the lesser of the Class D Default Amount and the Class D Invested Amount for such Distribution Date (a "Class D Charge-Off"). The Class D Invested Amount will be reimbursed after any reduction pursuant to this Section 4.6 on any Distribution Date by the amount of Excess Spread and Excess Finance Charge Collections allocated and available on such Distribution date for that purpose as described under subsection 4.7(m). Section 4.7.
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Collateral charge means a charge, fee or cost to the consumer related to the sale or lease
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Collateral charge means a registrable first mortgage of the Lands by the Purchaser in favour of the Vendor in the maximum principal amount of ⚫ DOLLARS ($⚫), collaterally securing the Purchaser’s obligations under the Density Increase Participation Agreement, incorporating standard charge terms no. 200033 and containing the additional terms set out in Schedule E to this Agreement.
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Collateral charge means, a charge, in prescribed form, of the Property pursuant to the Registered Land Law.
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Related to Collateral charge

  • Additional Charge means a charge in accordance with Canon’s Current Rate; Additional Services means any service in addition to the Services to be provided by Canon under clause 21; Business Day means a day that is not a Saturday, Sunday or public holiday in the place where the Products or Services are being supplied;

  • Collateral costs as used in this clause, means agency cost of operation, maintenance, logistic support, or Government-furnished property.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Capital Charge means the deemed opportunity cost of employing Capital in the Company’s businesses, determined as follows: Capital Charge = Capital X Cost of Capital

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Collateral has the meaning set forth in Section 2.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Withdrawal Charge means a charge taken by AUL equal to a percentage of the Account Value withdrawn pursuant to Section 4.8, where the percentage varies by the Participant Account Year in which the withdrawal is made. The first Participant Account Year begins on the date when AUL establishes a Participant Account and credits the initial Contribution for the Participant, and ends on the day immediately preceding the next anniversary of such date. Each Participant Account Year thereafter begins on such an anniversary date and ends on the day immediately preceding the next succeeding anniversary date. The Withdrawal Charge percentage is as follows: During Withdrawal Charge Participant Account Years Percentage However, for any Participant who also participates in AUL Series III group annuity contract GA XX,XXX, the initial Withdrawal Charge percentage under this contract shall be equal to the Withdrawal Charge percentage applicable to the Participant under the AUL Series I group annuity contract from which funds have been transferred to such Series III contract, determined by AUL immediately prior to the date of such transfer, rounded down to the next whole Withdrawal Charge percentage if the Withdrawal Charge percentage under such Series I contract is a fractional Withdrawal Charge percentage. However, the Withdrawal Charge percentage under this paragraph shall never be greater than 8%. The Withdrawal Charge percentage shall be decreased by 1% for each subsequent Participant Account Year until the Withdrawal Charge percentage equals 4%. (However, if the applicable Series I contract Withdrawal Charge percentage is less than 4%, it shall be rounded up to 4% in this contract.) This 4% Withdrawal Charge percentage shall be in effect during the next 6 consecutive Participant Account Years. Thereafter, the Withdrawal Charge percentage shall be reduced to 0%. In no event will the cumulative total of all Withdrawal Charges, including those previously assessed against any amount withdrawn from a Participant Account, exceed 9% of total Contributions allocated to that Participant Account.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;