Delayed Payment Charges definition

Delayed Payment Charges means the additional amount payable by the Borrower/s to the Lender on account of any delay in payment of any Installment and intimated to the Borrower/s.
Delayed Payment Charges means fees/charges that are levied by USFB at the rate specified in Annexure B due to delay in payment of the EMI or any other amounts due and payable by the Borrower to USFB from the Due Date until payment is made to USFB.
Delayed Payment Charges means additional fees specified in the Company's Schedule of Charges, for a Payment delayed beyond the due date of the Equated Monthly Installment ""LLu RyURUyL §eußf ùNÛjÕRÛdLy] LĽLQ¿▇▇'' GuпÕ C.Gm.g &we pûµ&&w] &lû] RYûQ 8R§&Ï mu²iÓ RwURUw& §eṅmf aNgj§]wȧ $Rj&w& ¨pY]jRwȧ $ilYûQPȧ ϱṅmiÓȧ[ &ilQjûR ϱ&Ïm.

Examples of Delayed Payment Charges in a sentence

  • Minimum Retention Amount: 50% of applicable fees or Rs. 3000/-+applicable taxes/statutory levies whichever is higher 10 Delayed Payment Charges Additional Interest On Accrual Monthly A maximum of 24% P.

  • Any delay in payment of amounts payable on Due Dates (unless the Due Date is extended by USFB at its discretion through any grace period) shall render the Borrower liable to Delayed Payment Charges at the rate mentioned in Annexure B without prejudice to the other rights available to USFB.

  • Fees and other charges as applicable on application/ during the term of loan and penalty for delayed payments, are as under: Sr. No. Name of the Service Name of Fee/ Charges Levied When Payable Frequency Amount (SE) 1 Fees for Business Loan/ Personal Loan Processing Fees At Application Once _% of the loan amount plus Taxes and statutory levies and charges, as may be applicable from time to time 2 Delayed Payment Charges Additional Interest On Accrual Monthly A maximum of 24% P.A on the defaulted sum.

  • The payment of Delayed Payment Charges shall not absolve the Borrower of its obligations under this Agreement, including timely payment of Due Amount(s) and shall not affect any of the other rights of Lender including in respect of such default.

  • Further, acceptance of any payment without payment of Delay Payment Charges shall not be deemed to be a waiver by the Promoter of its right of charging such Delayed Payment Charges or of the other rights mentioned in ASL.

  • The payment of Delayed Payment Charges shall not absolve the Borrower of its obligations under this Agreement, including timely payment of Installment Date(s) and shall not affect any of the other rights of Lender including in respect of such default.