Dishonored Payment Charge definition

Dishonored Payment Charge means a charge applied to a customer account due to a payment returned unpaid for any cause.
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Examples of Dishonored Payment Charge in a sentence

  • Dishonored Payment Charge: A returned item charge as set forth in the District’s current Schedule of Rates, Fees, Charges, and Deposits shall be added to a Customer’s account in each instance where payment has been made to the District that has been returned to the District by the bank upon which it is drawn.

  • We may add the Dishonored Payment Charge to the amount to be paid via the next wire transfer or electronic debit.

  • Dishonored Payment Charge.................................................................................

  • We will notify you of each Dishonored Payment and any Dishonored Payment Charge that we impose.

  • The Dishonored Payment Charge applies in addition to any late fee and interest that we have the right to charge, or any other remedy to which we are entitled, under this Agreement, at law, or in equity.

Related to Dishonored Payment Charge

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

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