Interest Rebate definition
Interest Rebate means the 10% cashback earned from the finance charges incurred on the Credit Card outstanding amount of which is not fully paid on or before the payment due date of the Credit Card.
Interest Rebate means the amount derived by multiplying the total amount of interest charges payable, specified in the schedule by the sum of all the whole numbers from 1 to the number which is the number of complete months in the term of this contract still to go (both inclusive) and by dividing the product so obtained by the sum of all the whole numbers from 1 to the number which is the total number of complete months in the term of this contract (both inclusive);
Interest Rebate means the amount derived by (i) multiplying the terms charges by the sum of all the whole numbers from 1 to the number which is the number of complete months in the term of this agreement still to go (both inclusive), and (ii) dividing the product so obtained by the sum of all the whole numbers from 1 to the number which is the total number of complete months in the term of this agreement (both inclusive), where the amount of the terms charges is the amount specified in the Schedule. "net proceeds of disposal" means, in respect of the goods, the amount received by the Owner upon a sale or other disposal of the goods excluding any applicable GST and after deducting all costs and expenses of and incidental to the recovery and sale or other disposal of the goods, including the cost incurred by the Owner in storing, moving, cleaning, repairing, registering and insuring the goods including any GST payable by the Owner except to the extent that the Owner is entitled to an input tax credit. "(the) owner” means Automotive Financial Services Pty Limited ABN 73 003 622 375 Australian credit licence 383762.
More Definitions of Interest Rebate
Interest Rebate means an amount equal to the excess of (i) all amounts paid to the Lender on previous Report Dates in respect of interest pursuant to clause fifth under Section 3.2(a) of this Agreement over (ii) the aggregate amount which would have been paid to the Lender or such previous Report Dates had the Interest Rate been 0.50% per annum lower.