Financing Charge definition
Examples of Financing Charge in a sentence
The Delinquency Fee Rate, the Product Financing Charge and the various A/R Finance Charges provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
Holding a position overnight may result in either a Financing Charge or a Financing Credit.
The Delinquency Fee Rate or the Product Financing Charge provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
The Revolver Financing Charge for each billing period shall be calculated by multiplying the Periodic Rate for the billing period by the Average Daily Balance (as hereinafter defined) of the Advances outstanding during said period which were not past-due.
If any such audit reveals that any Purchaser shall have overpaid any amount, Flextronics shall promptly pay to such Purchaser such overpaid amount with interest thereon at a rate equal to the Financing Charge.