QC minimum payment definition

QC minimum payment for any month means the minimum payment due and payable on your QC for that month, including (i) the QC monthly instalment applicable for any particular month; (ii) any overdue QC amount; and/or (iii) all other fee, charges and monies payable in relation to QC;

Related to QC minimum payment

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and