Late Payment Amount shall have the meaning set forth in Section 2.3.8.
Late Payment Amount as defined in Section 3.1.
Late Payment Amount has the meaning given to it in Clause 2.2.
Examples of Late Payment Amount in a sentence
Any Late Payment Amount received by the Affected Party shall be used to pay any actual costs (not to include any opportunity cost or funding costs) incurred by it as a result of the late payment of the Unpaid Sum and the remaining amount (if any) shall be donated by the Affected Party (on behalf of the Paying Party) to such registered charitable foundations as the Affected Party may select under the supervision of its Xxxxx'ah board.
This Late Payment Amount will be calculated daily and will be compounded monthly.
More Definitions of Late Payment Amount
Late Payment Amount means in relation to any Overdue Amount a late payment amount that is calculated on a daily basis in respect of the period from, and including, the due date for such Overdue Amount to, but excluding, the date of settlement in full of such Overdue Amount, as the product of: (i) 1% per annum; (ii) the Overdue Amount; and (iii) the number of days when such Overdue Amount is outstanding divided by 360.
Late Payment Amount means any late payment amount paid by Almana pursuant to clause 3.5 of the Purchase Undertaking or clause 3.1 of the sale agreement as set out in the Schedule to the Sale Undertaking.
Late Payment Amount has the meaning ascribed thereto in clause 15.12;
Late Payment Amount means the late payment compensation calculated on daily basis at the profit rate plus 1% per annum applied on unpaid sum. The Bank will pay the late payment amount on behalf of the Client to charity approved by Charity Distribution Committee under the supervision of ISSC after deducting its actual administrative costs and expenses to the extend it’s permitted by the Central Bank of UAE in recovery of the unpaid sum; يموي ساسأ ىلع بوسحملا رخأتملا دادسلا ضيوعت ينعي "رخأتملا دادسلا غلبم" كنبلا موقي .عوفدملا ريغ غلبملا ىلع قبطملا ايً ونس ٪1 ىلإ ةفاضلإاب حبرلا لدعمب ةنجل لبق نم ةدمتعملا ةيريخلا تايعمجلل ليمعلا نع ةباين رخأتملا دادسلا غلبم عفدب فيلاكتلا مصخ دعب ةيلخادلا ةيعرشلا ةباقرلا ةنجل فارشإ تحت ةيريخلا عيزوتلا ةيبرعلا تاراملإا فرصم هب حمسي يذلا ىدملا ىلإ فيراصملاو ةيلعفلا ةيرادلإا .عوفدملا ريغ غلبملا دادرتسلا يزكرملا ةدحتملا
Late Payment Amount. ’ means any late payment amount paid by the Obligor pursuant to clause 3.5 of the Purchase Undertaking.
Late Payment Amount means an amount payable by the Cardholder in relation to any amount not paid on the Payment Due Date as designated by RAKBANK from time to time and in accordance to these Terms and Conditions.
Late Payment Amount means the fee levied on the Card Account