Regular Credit Purchase definition

Regular Credit Purchase means a transaction made on your Account, other than a transaction that is subject to a promotion during the promotional term, and also includes any outstanding balance owing for a transaction that is subject to a promotion after the promotional expiry date or current amount due date, or after a promotion has been terminated or has expired without the full amount owing being paid.
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Regular Credit Purchase means a purchase or other extension of credit on your Account that is not subject to a promotion, and includes any outstanding balance owing for a promotion that is no longer subject to a promotion after the promotional expiry date or current amount due date, or after a promotion has been terminated or has expired without the full amount owing being paid. Regular Credit Purchases are subject to interest unless a grace period applies;
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Regular Credit Purchase means a Purchase, other than a Purchase that is subject to a Promotional Offer during the Promotional Term, but includes any outstanding balance owing for a Purchase that is subject to a Promotional Offer after the Promotional Due Date or after a Promotional Offer is cancelled as a result of your default under this Agreement.
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Examples of Regular Credit Purchase in a sentence

  • Also, any outstanding balance owing for a Purchase that is no longer subject to a Promotional Offer will be treated as a Regular Credit Purchase on which interest will accrue and be payable.

  • On that date, the affected promotional term(s) will end and any balance(s) subject to promotion(s) will then incur interest at the AIR applicable to a Regular Credit Purchase.

  • If the promotional balance is not paid in full by the promotional expiry date, immediately following the promotion expiry date, any outstanding balance which was subject to the promotion will then be treated as a Regular Credit Purchase.

  • However, we may, at our option treat any component of the minimum payment as a Regular Credit Purchase instead of requiring such amount to be paid as part of the minimum payment.

  • No interest is payable during the promotional period, however, interest at the AIR applicable to Regular Credit Purchases accrues from the transaction posting date and the accrued interest will be charged to your Account if the promotional balance is not paid in full by the promotion’s expiry date and any outstanding balance which was subject to the promotion will be treated as a Regular Credit Purchase.

  • If the promotional balance is not paid in full by the promotional expiry date, immediately following the promotion expiry date, any outstanding balance which was subject to the promotion will then be treated as a Regular Credit Purchase and the applicable deferral fee will be charged to your Account.

  • No interest is payable during the promotional period, however, interest at the AIR applicable to Regular Purchases accrues from the transaction posting date and the accrued interest will be charged to your Account if the promotional balance is not paid in full by the promotion’s expiry date and any outstanding balance which was subject to the promotion will be treated as a Regular Credit Purchase.


More Definitions of Regular Credit Purchase

Regular Credit Purchase means a Purchase, other than a Purchase that is subject to a Promotional Offer during the Promotional Term, but includes any outstanding balance owing for a Purchase that is subject to a Promotional Offer after the Promotional Due Date or after a Promotional Offer is cancelled as a result of your default under this Agreement. “Regular Rate” means the annual interest rate identified as the “Regular Rate” in the Disclosure Statement, as such rate may be changed from time to time upon notice to you.
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Related to Regular Credit Purchase

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Tranche C Lender means each Lender that has a Tranche C Commitment on Schedule 2.1 or any Lender to which a portion of the Tranche C Commitment hereunder has been assigned pursuant to an Assignment and Assumption.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).