Regular Credit Purchase definition

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; F. ”we”, “us”, “our’, and “Flexiti” mean Flexiti Financial Inc., the issuer of the Card and the Account; and
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;
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.

Examples of Regular Credit Purchase in a sentence

  • 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.

  • 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 and the applicable deferral fee will be charged to your Account.

  • 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.

  • Each fee or other charge that you incur will be subject to interest in the same way as interest applies on a Regular Credit Purchase.

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

  • Minimum Payment For Regular Credit Purchase balances: the sum of interest, Insurance Premiums (if applicable and if due monthly), and fees shown on your monthly statement, plus $10.00.


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.
Regular Credit Purchase means a Purchase, other than a Purchase that is subject to a Promotional Offer, but includes any outstanding balance owing for a Purchase that is no longer subject to a Promotional Offer after the Promotional Term has ended or after a Promotional Offer is cancelled as a result of your default under this Agreement.

Related to Regular Credit Purchase

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • 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).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • 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).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).