Excess Payment Amount means the amount by which the total of all Payment Amounts from Non- Qualified Transactions processed in a calendar month exceeds 5% of the total of the Payment Amounts of all card Payments processed that month.
Excess Payment Amount means the Payment Amounts from Non-Qualified Transactions processed in a calendar month.
Excess Payment Amount means the amount by which the total of all Payment Amounts from Non-Qualified Transactions processed in a calendar month exceeds 5% of the total of the Payment Amounts of all card Payments processed that month.
Examples of Excess Payment Amount in a sentence
Client shall be billed additional Paymentus Service Fees equal to 3.5% of the Excess Payment Amount for each month during which there is an Excess Payment Amount.
Client will be billed additional Paymentus Fees equal to 3.5% of the Excess Payment Amount for each month during which there is an Excess Payment Amount.
Client will be billed additional Paymentus Fees equal to 2.85% of the Excess Payment Amount for each month.
Paymentus Fees equal to 2.85% of the Excess Payment Amount for each month.
More Definitions of Excess Payment Amount
Excess Payment Amount has the meaning set forth in Section 5.05.
Excess Payment Amount has the meaning set forth in Section 2.5(f)(i).
Excess Payment Amount means at any time a payment is made on an Underlying Loan, the amount by which (a) payments received from an Underlying Borrower in respect of a repayment of principal in connection with the Underlying Loan exceeds (b) debt service then due and payable on the related Facility Loan (including, without limitation, required payments to Lenders of a Proportionate Amount of any principal payments on the Underlying Loan).
Excess Payment Amount means the
Excess Payment Amount means the amount by which a Release Payment for an Eligible Asset exceeds the Maximum Allowed Advance for such Eligible Asset.
Excess Payment Amount means upon receipt of any Mandatory Principal Payment, the amount by the which the Minimum Loan Amount would exceed the aggregate of (a) the outstanding principal balance of the Loan plus (b) the L/C Exposure, if the Mandatory Principal Payment was applied toward payment of the Obligations.
Excess Payment Amount means, as of each Required Payment Date, an amount equal to the lesser of (a) the Total Portfolio Net Receipts for the most recently ended Excess Payment Period, or (b) the Excess Payment Accrued Amount.