Interest Fee definition
Interest Fee has the meaning specified in paragraph 2.8.1.
Interest Fee means a late charge equal to 10% of the amount of the payment or the highest amount permitted by applicable law, whatever is less.
Interest Fee means the fee charged for the Digital Term Loan facility. The Interest fee is subject to change at any time at the Bank’s sole discretion subject to giving you thirty (30) days’ notice of the proposed change.
Examples of Interest Fee in a sentence
Client further agrees and acknowledges that such delay may increase the cost of the overall project, including without limitation the assessment of an Interest Fee on the Initial Deposit.
More Definitions of Interest Fee
Interest Fee means 1.25% of the applicable outstanding amount owed by you to us for each Reporting Period or any fraction thereof, but in no event greater than allowed by applicable law. In the event it is determined that the Interest Fee is greater than allowed by applicable law, the Interest Fee shall be reduced to the greatest amount that is allowable by applicable law.