Revolving charge agreement definition

Revolving charge agreement means a written instrument, defining the terms of credit extended from time to time under the terms of the agreement. Under the agreement, the buyer's total unpaid balance, whenever incurred, is payable over a period of time and under the terms of which a credit service charge, other than the portion thereof consisting of late payment or other charges, is to be computed in relation to the buyer's unpaid balance from time to time.
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Revolving charge agreement means a written instrument, defining the terms of retail installment sales made credit extended from time to time pursuant thereto, pursuant to which the buyer's total unpaid balance thereunder, whenever incurred, is payable in installments over a period of time and under the terms of which a credit service charge, other than the portion thereof consisting of late payment or other charges, is to be computed in relation to the buyer's unpaid balance from time to time.
Sample 1Sample 2Sample 3
Revolving charge agreement means a written instrument, defining the terms of
Sample 1Sample 2Sample 3

Examples of Revolving charge agreement in a sentence

  • Revolving charge agreement" means a written instrument, defining the terms of credit extended from time to time under the terms of the agreement.

  • Revolving charge agreement" means a written instrument, defining the terms ofretail installment sales made credit extended from time to time pursuant thereto, pursuant to which the buyer's total unpaid balance thereunder, whenever incurred, is payable in installments over a period of time and under the terms of which a credit service charge, other than the portion thereof consisting of late payment or other charges, is to be computed in relation to the buyer's unpaid balance from time to time.

  • Revolving charge agreement" means a written instrument, defining the terms of retail installment salesmade c redit extended from time to time pursuant thereto, pursuant to which the buyer's total unpaid balance thereunder, whenever incurred, is payable in installments over a period of time and under the terms of which a credit service charge, other than the portion thereof consisting of late payment or other charges, is to be computed in relation to the buyer's unpaid balance from time to time.

  • Revolving charge agreement" means a written instrument, defining the terms of credit extended from time to timepursuant thereto, pursuant towhich under the terms of the agreement.

  • For non- electing church plans, Announcement 95–48 extends the remedial amendment period to the last day of the first plan year beginning on or after January 1, 1999.

  • Revolving charge agreement" means a written instrument, defining the terms of credit extended from time to timepursuant thereto, pursuant to which under the terms of the agreement.

Related to Revolving charge agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Borrower Agreement shall have the meaning provided such term in Section 3(a) hereof.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.