Retail Interest definition

Retail Interest means the interest imposed on Retail Transaction(s) at the Retail Interest Rates prescribed herein or such other rate as may be amended by the Bank from time to time, which is calculated on a daily basis after the interest free period provided the Current Balance of the Cardholder’s previous Statement is fully paid by the Payment Due Date, otherwise, interest will be calculated on a daily basis from the respective Posting Date;
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Examples of Retail Interest in a sentence

  • However, if we did not receive the full payment of the current balance as indicated in your previous monthly statement of account, the billed monthly installment due in current statement, and any unpaid portion of any previous monthly installment(s) in your current statement of account is subject to daily interest at (i) S$3.00 per month, or (ii) the Retail Interest Rate as set out in the statement of account, whichever is greater.

  • Cardholder’s Payment Behaviour Retail Interest Rate Tier 1 Cardholder who promptly settle their Minimum Payment Due for twelve (12) consecutive months; 15% p.a. Tier 2 Cardholder who promptly settle their Minimum Payment Due for ten (10) months or more in a 12-month cycle; 17% p.a. Tier 3 Cardholder who do not fall within the above categories.

  • Retail Parent is not subject to any outstanding Order that would or will have a material adverse effect on Retail Parent’s ownership of the SUN Retail Interest, or otherwise prevent or materially delay the Closing.

  • There is no Proceeding pending or, to Retail Parent’s knowledge, threatened against Retail Parent before any Governmental Entity which would or will have a material adverse effect on Retail Parent’s ownership of the SUN Retail Interest, or otherwise prevent or materially delay the Closing or otherwise prevent Retail Parent from complying with the terms and provisions of this Agreement.

  • Immediately thereafter, Acquiror shall cause SPOC to contribute, transfer, assign and convey to PropCo the SUN Retail Interest.

  • The number of community service orders in connection with traffic offences was 2,149 (2002), 2,011 (2003), 1,999 (2004) and 1,945 (2005).

  • The data source is the ECB's National Retail Interest Rates Statistics(N2, N3, and N4 refer to the number of the series as reported by the ECB).

  • Xxxxx, 2002, Bank Concentration and Retail Interest Rates, Journal of Banking and Finance 26, 2155-2189.

  • A low value signifies a low level of dispersion and a high value signifies a high level of dispersion.Table 1: New Business Retail Interest Rates for Households, January 2003 - September 2006 Per cent per annum a Average monthly value of new business agreements.

  • Money Market Uncertainty and Retail Interest Rate Fluctuations: A Cross-Country ComparisonBurkhard Raunig∗ Johann Scharler† February 2007 AbstractThis paper analyzes empirically the relationship between money market uncertainty and unexpected deviations in retail interest rates in a sample of 10 OECD countries.

Related to Retail Interest

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

  • Asset Interest is defined in Section 2.1(b).

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Financial Interest means either:

  • Capital Interests in any Person means any and all shares, interests (including Preferred Interests), participations or other equivalents in the equity interest (however designated) in such Person and any rights (other than Debt securities convertible into an equity interest), warrants or options to acquire an equity interest in such Person.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Mineral interest means the interest in the minerals beneath the surface of a tract of land. A mineral interest may be severed from the ownership of the surface of the tract. Ownership of a mineral interest generally involves four incidents of ownership: (1) the right to use the surface; (2) the right to incur costs and retain profits, also called the right to develop; (3) the right to transfer all or a portion of the mineral interest; and (4) the right to retain lease benefits, including bonuses and delay rentals.

  • International Interest has the meaning ascribed to the defined term “international interest” under the Cape Town Treaty.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Receivable Interest means, at any time, an undivided percentage ownership interest in (i) all then outstanding Pool Receivables arising prior to the time of the most recent computation or recomputation of such undivided percentage interest pursuant to Section 2.03, (ii) all Related Security with respect to such Pool Receivables, and (iii) all Collections with respect to, and other proceeds of, such Pool Receivables. Such undivided percentage interest shall be computed as

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Collateral Interest means a fractional undivided interest in the Trust which shall consist of the right to receive, (i) to the extent necessary to make the required payments to the Collateral Interest Holder under this Supplement, the portion of Collections allocable thereto under the Agreement and this Supplement and funds on deposit in the Collection Account allocable thereto pursuant to the Agreement and this Supplement and (ii) amounts available for payment to the Collateral Interest Holder pursuant to subsections 4.07(k), 4.12(e), 4.12(f), 8.01(b), 8.02(a) and 8.02(b) or any other provision of this Supplement.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Collateral Senior Additional Interest shall have the meaning specified in subsection 4.02(d).

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;

  • Subsidiary REMIC Interest Any one of the Subsidiary REMIC Interests or the SR-A-R Interest.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Fractional Interest As defined in Section 5.02(d).

  • Original Fractional Interest With respect to each of the following Classes of Class 1-B Certificates, the corresponding percentage described below, as of the Closing Date: Class 1-B-1 1.36% Class 1-B-2 0.80% Class 1-B-3 0.50% Class 1-B-4 0.30% Class 1-B-5 0.15% Class 1-B-6 0.00% Original Class 1-B Certificate Balance: $12,540,662.00. OTS: The Office of Thrift Supervision.

  • Offered Interest has the meaning set forth in Section 11.2.1.

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.