Loan Charge definition

Loan Charge means the charge for the loan of a Loaned Product or all Loaned Products in a Set, as specified in the Agreement Specific Terms, or if not so specified, as detailed in the most recent Product Catalogue at the time the Agreement was made, or if not so detailed, a reasonable charge;
Sample 1
Loan Charge. This is the difference between the loan interest rate and the rate we credit to borrowed funds and will be a maximum of 2.00% of the policy debt deducted annually. ------------------------------------------------------------------------------------------------------------------------------- Charges Deduced Asset Charge: from Divisions in - daily charge of .002477% (equivalent to .90% annually in advance). the Separate Account Trust Charge: - Daily charge of .00933% (equivalent to .34% annually in advance). We reserve the right to increase the Trust Charge but in no event above .001373% (equivalent to .50% annually in advance). ------------------------------------------------------------------------------------------------------------------------------- Rider Charges None Deducted from the Investment Base ------------------------------------------------------------------------------------------------------------------------------- Other Rider Charges None ------------------------------------------------------------------------------------------------------------------------------- - 7 - 8 ------------------------------------------------------------------------------------------------------------------------------- Deferred Policy The amount of Deferred Policy Loading applicable during a policy year is deducted from Loading this policy's investment base in calculating its cash surrender value. Initial Premium The maximum amount of the Deferred Policy Loading attributable to the initial premium is: During As % of During As % of Policy Initial Policy Initial Year Premium Year Premium ---- ------- ---- -------
Sample 1
Loan Charge. This is the difference between the loan interest rate and the rate we credit to borrowed funds and will be a maximum of 2.00% of the policy debt deducted annually. ------------------------------------------------------------------------------------------------------------------------------------ Charges Deducted from Divisions Asset Charge: in the Separate Account - daily charge of .002477% (equivalent to .90% annually in advance).
Sample 1

Examples of Loan Charge in a sentence

  • OBR Charge: A Loan Charge and/or Lease Charge relating to work performed at the Customer Premise associated with the Customer’s account and included on a Customers’ Bill pursuant to the Loan or Lease Agreement.

  • In September 2019 the government commissioned Sir Amyas Morse to lead an independent review into the design and implementation of the Loan Charge.

  • The methodology for calculating Loan Charge Support (LCS) and support for Public Private Partnership (PPP) projects (level playing field projects only (LPFS)) is set out in Annex H of Finance Circular 2/2011.

  • RATES AND CHARGES Customer shall pay the rates and charges for service under this Rate Schedule including the rate components set forth in the IL Rate Statement and as described below: (a) Interruptible Loan Charge.

  • PG&E will apply payment amounts according to payment prioritization rules, as described below, and forward allocated Loan Charge payments received to the CHEEF or its designee.

  • Tenderer shall quote fixed Flat Rated Loan Charge for the landing gears and associated parts mentioned in Annexure 3.

  • Where the Customer disputes its obligations to pay a Loan Charge, the dispute shall be resolved between the Customer and the Participating Lender and PG&E shall not be a party to the dispute.

  • RATES AND CHARGES The rates and charges applicable to loan service under this rate schedule shall include the applicable loan rate components specified in the ELS Rate Statement and as described below: (a) Enhanced Loan Charge.

  • If applicable, Customer shall pay to CADEVILLE STORAGE the Interruptible Loan Charge set forth in the Hub Services Agreement for each Dth of Gas available for loan by CADEVILLE STORAGE pursuant to Section 5.4.2 of this Rate Schedule, up to Customer’s Maximum Loan Quantity specified in the applicable Exhibit A of the Hub Services Agreement.

  • Each Loan Charge will appear as a separate line item (or multiple line I items) on the Bill.


More Definitions of Loan Charge

Loan Charge the charge payable by the Customer to Chunc for the Chair Loan, as set out in the Loan Agreement Details;
Sample 1
Loan Charge means (i) 1 plus (ii) the Loan Rate multiplied by the actual number of days elapsed since the immediately preceding Calculation Date divided by 365.
Sample 1

Related to Loan Charge

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Prepayment Charge Schedule As of any date, the list of Prepayment Charges included in the Trust Fund on such date, attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Penalty Charges means any amounts collected from the Borrower that represent default charges, penalty charges, late fees and/or default interest, but excluding any yield maintenance charge or prepayment premium.