Default Fees means those fees which may be payable by the Member, to the Credit Union, on a breach of the Agreement by the Member, or on the enforcement of the Agreement by the Credit Union.
Default Fees means the default fees referred to in the Disclosure Statement;
Examples of Default Fees in a sentence
In the event of a breach of the contract or on the enforcement of the contract, the Default Fees specified below are payable.
Default Fees $ dishonour fee, in respect of each payment which is dishonoured, or for which an automatic payment fails.
More Definitions of Default Fees
Default Fees are set out in a disclosure statement. a “disclosure statement” means either the initial disclosure statement contained in this agreement or a change disclosure statement.
Default Fees means all charges, cost and expenses we may incur in relation to a breach by you of your obligations to us
Default Fees means the Custodian’s standard fees in any market not specified in the fee letter entered into between the Client and the Custodian in furtherance of this Schedule (such fees are available for any market on Client’s written request to Custodian).
Default Fees means fees or charges payable on a breach of a credit contract by a debtor or on the enforcement of a credit contract by a creditor;
Default Fees and “Default interest” are as listed and described under “Default interest charges and default fees” in the disclosure statement. “Financial default” means that you have failed to pay an instalment or other amount when due. “Guarantor” means the person shown as guarantor in this agreement and the associated guarantee and includes his or her executors, administrators and successors in title. “Initial Unpaid Balance” is the amount you owe at the date of this agreement and it is further detailed in the CREDIT DETAILS of the disclosure statement. “Instalment” means a payment you must make regularly, usually on the same day of each week, fortnight or month. “Land” includes an interest in land. “Land to be mortgaged” means the land shown in the disclosure statement in the box headed WHAT COULD HAPPEN IF YOU FAIL TO MEET YOUR COMMITMENTS”, “Real Property - The Land to be Mortgaged” section. “Legal paper” means a document or a notice or other written paperwork about this agreement. “Lender” or “we” or any similar pronoun is the person lending the money and the expression includes its employees and agents and any person to whom the lender assigns its rights under this agreement or who otherwise takes over the lender’s rights. “Liability” means something you must do or an amount you must pay. If you are liable to do something or pay anything, it means you are responsible for doing or paying – you must do the thing or pay the amount. “Motor Vehicle” has the meaning given in
Default Fees means the fees set out in Condition 8.1. ‘Non-Sterling Transaction Fee’ means the fee set out in Condition 8.2 which is applied to Transactions made in a currency other than sterling. ‘Payment Scheme Exchange Rate’ means the exchange rate set by Mastercard or Visa (depending on the payment scheme logo displayed on your Card) and which is prevailing at the date and time your Transaction is processed. ‘Personal Security Details’ means various registration numbers or codes that allow you to operate the Account and any other Santander Group accounts in your name remotely. ‘PIN’ means any personal identification number to be used with the Card. ‘Promotional Period’ means the period we tell you before you make a Special Transaction during which preferential terms will apply. ‘Purchase’ means a Purchase of goods or services using the Card or Card number or where the amount of the Purchase is debited directly to the Account, for example, payment protection insurance premiums. ‘Recurring Transaction’ means an agreement between you and a supplier that allows the supplier to ask us to make payments to them from your Card Account on a regular basis. ‘Santander Group’ means Banco Santander, S.A., its subsidiaries, both direct and indirect, including Santander UK plc. ‘Special Transaction’ means any Transaction on preferential terms for a Promotional Period that we may make available from time to time.