Excess Mileage Charge definition

Excess Mileage Charge means a charge as set out in to the Key Financial Information on page 1 of this agreement for each mile you travel in the Vehicle that exceeds the Inclusive Mileage Allowance applicable to the Hire Period. See clause 5.1 and the Tariff Guide.
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Excess Mileage Charge means the sum payable at the end of the Variation Term to compensate for mileage driven in excess of the mileage selected by the employee at the outset of the Variation Term.
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Excess Mileage Charge. Means the excess mileage charge (if any) as specified (as appropriate) in a Lease Contract.
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Examples of Excess Mileage Charge in a sentence

  • We may vary the hire or Excess Mileage Charge payments set out above as a result of any change to any government levied fee or any additional fee including (but not limited to) road fund licence and any fee or charge placed on diesel vehicles.

  • Mileage on Delivery «MileageOnDeliver y» Total Annual Mileage Allowance «AnnualMileage» Total Contract Mileage Allowance «TotalContractMilea ge» Excess Mileage Charge rate (incl.

  • Where the actual distance travelled by a Vehicle at any time exceeds that Vehicle’s Mileage Limit (or the pro rata amount of the Mileage Limit as the case may be) then Company shall pay the Excess Mileage Charge.

  • Excess Mileage Maximum annual mileage 10,000 miles per annum Mileage reading on delivery 0 Excess Mileage Charge 0.00 xxxxx per mile in excess of the maximum annual mileage and pro-rata Signature of Indemnifier …………………………………………………….

  • He has had mail back and forth with Summer, and is still waiting for more information.

  • Where mileage pooling is not required by the Buyer the Supplier shall calculate the Excess/under Mileage in accordance with its Call-Off Contract, to determine whether the Buyer must pay an Excess Mileage Charge to the Supplier or whether the Supplier must give the Buyer a Mileage Rebate.

  • Under certain circumstances, you will not be required to pay the Early Termination Charge (excluding any Excess Mileage Charge which shall still be payable).

  • Your obligation to pay any Excess Mileage Charge will accrue immediately prior to termination.

  • In the event that the odometer fails, we may estimate the mileage for the purpose of calculating whether any Hiring Excess Mileage Charge is due.

  • Where the write-off was not your fault, the insurer will provide a replacement vehicle whilst the salary sacrifice arrangement is continuing (as long as this is provided for by the policy of insurance for the Vehicle); and • you will be covered for any Early Termination Charge (excluding any Excess Mileage Charge which shall still be payable) by Total Loss Protection, no matter when in the Agreement the Vehicle is declared a total loss.


More Definitions of Excess Mileage Charge

Excess Mileage Charge means the charge for exceeding the contract mileage and assessed at the rate chargeable in the credit/finance agreement for the proportional mileage at the return date.
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Excess Mileage Charge means £[0.00] a mile for each mile you travel in the Vehicle that exceeds the Inclusive Mileage Allowance for the Rental Period. See clause 5.1
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Related to Excess Mileage Charge

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Monthly Excess Cashflow For any Distribution Date, an amount equal to the sum of the Monthly Excess Interest and Overcollateralization Release Amount, if any, for such date.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Excess Cash Flow Payment Period with respect to the prepayment required on each Excess Cash Flow Application Date, the immediately preceding fiscal year of the Borrower.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Write-up Excess With respect to each Payment Date, the excess, if any, of the Tranche Write-up Amount for such Payment Date over the Tranche Write-up Amount allocated on such Payment Date pursuant to clauses (i) through (v) of “Allocation of Tranche Write-up Amounts to the Reference Tranches” in Section 3.03(c) of this Agreement.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.