Late Payment Amount definition

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

• The closing (each a "Put Closing") for each Put shall occur on the date that both (i) the Company has delivered to the Investor all Required Put Documents, and (ii) the Investor has delivered to the Company such Put Dollar Amount and any Late Payment Amount, if applicable (each a "Put Closing Date").

• The closing (each a “Put Closing”) for each Put shall occur on the date that both (i) the Company has delivered to the Investor all Required Put Documents, and (ii) the Investor has delivered to the Company such Put Dollar Amount and any Late Payment Amount, if applicable (each a “Put Closing Date”).

• The Late Payment Amount shall be calculated for each such sub-period as if the references to Applicable Period above were references to such sub-period and shall be payable at the end of each such sub-period.

• Clause 9 (Late Payment Amount)This clause obliges a Party to pay a Late Payment Amount where it fails to pay a sum on a Due Date.

• The Agent shall be permitted to deduct its actual costs and expenses incurred as a result of such late payment from the Late Payment Amount and shall transfer the balance of the Late Payment Amount to an Islamic charity of its choice as decided by its ISSC.

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 an amount payable by the Cardholder in relation to any amount not paid on the Payment Due Date as designated by the Bank from time to time and in accordance to these Terms and Conditions. Late payment amount goes to the Charity account and distributed according to the FSSB guidelines.

Late Payment Amount means the fee levied on the Card Account (a) The word ‘terminal’ means any ATM or Point of Sale terminal or any other device through which Card Transactions can be performed; (b) Reference to any person including the Customer, Business Cardholder, the RAKBANK, a Provider, and/or any other persons and/or legal entities shall include the personal representatives, successors, heirs and/or assigns of the person. (c) Words denoting one gender shall include all other genders; Credit Limit will become payable in full by the Customer and will be included in the next statement’s Minimum Amount Due.

Late Payment Amount means an amount calculated by the Investment Agent equal to L in the equation: where: U is the Unpaid Sum;