Dormancy fee definition

Dormancy fee means a service charge, dormancy charge, inactive account fee, escheat fee, minimum balance fee, maintenance fee, unclaimed property fee, or any other charge that results in the reduction of an account balance or property value, which is not directly related to a transaction initiated by an owner.
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Dormancy fee means a charge imposed against the unused
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Dormancy fee means a charge imposed against the unused value of a gift card or gift certificate due to inactivity;
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Examples of Dormancy fee in a sentence

  • Dormancy fee and inactivity fee mean a fee for non-use of or inactivity on a gift certificate, store gift card, or general-use prepaid card (12 CFR 1005.20(a)(5)).

  • If you have an account that has remained inactive for over a year, a Dormancy fee will be assessed monthly.

  • Dormancy fee shall be charged aside from the maintenance fee for falling below the required minimum monthly Average Daily Balance (ADB).


More Definitions of Dormancy fee

Dormancy fee or "inactivity charge or fee" means a fee,
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Dormancy fee means the annual fee established in KRS 350.518(2)(f).
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Dormancy fee means a fee that will be debited to your card, if the card is not used for six months and more from the date of issuance.
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Dormancy fee has the meaning specified in Section 5.27.
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Related to Dormancy fee

  • contingency fee means any payment or other compensation that is contingent upon or is calculated upon the basis of a degree of success in soliciting or obtaining a Government contract or negotiating the whole or any part of its terms;

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Hire Fee the hire fee specified in Item 13.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Annual Fees means the annual fees charged by the Trustee for services provided as the trustee and paying agent under the Indenture.

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Agency Fee means the fee payable by the Partner to Bolt per every event of sale of the Partner’s Goods through the Bolt Food Platform for the provision of agency services to the Partner. Agreed Percentage is the percentage agreed in the Special Terms that serves as the basis for the calculation of the Agency Fee.

  • Structuring Fee has the meaning set forth in the Fee Letter.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Break Fee means an amount to compensate a Proponent for some of the costs the Proponent had incurred in developing and submitting a Proposal in the event that the RFP Process is cancelled, as determined by the Sponsors in accordance with RFP Section 10.3.3;

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Advisory Fee shall have the meaning given to it in Section 2.2(f) hereof.

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

  • Non-Use Fee shall have the meaning assigned to it in Section 1.9(b).

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • Marketing Fee means the fees paid by Home Credit to Dealer/Provider to support the use of Home Credit’s Product;

  • Program Fee is defined in the Fee Letter.