Settlement Late Payment Fee definition

Settlement Late Payment Fee is defined in Section 4(e).
Settlement Late Payment Fee has the meaning given in Schedule A, Section 17.5.
Settlement Late Payment Fee is defined in Section 12.5 of this Agreement.

Examples of Settlement Late Payment Fee in a sentence

  • In addition to any other provisions in this Agreement, in the event of Customer's failure to transfer or make available the Daily Amount for any business day, Customer shall pay to FDR a late payment fee (the "Settlement Late Payment Fee") which shall be equal to the amount Customer would have been required to pay as a late payment fee under MasterCard and VISA rules.

  • If FDR has received funds from the Networks, MasterCard or VISA as a result of Interchange Settlement on behalf of Customer and fails to make available the Daily Amount to Customer, FDR shall pay to Customer a late payment fee based on the Daily Amount calculated in the same manner as the Settlement Late Payment Fee.

  • In addition to any other provisions in this Agreement, in the event of Customer's failure to transfer or make available for transfer via Fed Wire Drawdown the Daily Amount for any business day, Customer shall pay to FDR a late payment fee (the "Settlement Late Payment Fee") which shall be equal to the amount Customer would have been required to pay as a late payment fee under the Networks, MasterCard or VISA.

  • If FDR has received funds from VISA or MasterCard as a result of Interchange Settlement on behalf of Customer and fails to make available the Daily Amount to Customer, FDR shall pay to Customer a late payment fee based on the Daily Amount calculated in the same manner as the Settlement Late Payment Fee.

  • If FDR has received funds from VISA and/or MasterCard as a result of Interchange Settlement on behalf of Customer and fails to make available the Daily Amount to Customer, FDR shall pay to Customer a late payment fee based on the Daily Amount calculated in the same manner as the Settlement Late Payment Fee.


More Definitions of Settlement Late Payment Fee

Settlement Late Payment Fee is defined in Exhibit F to this Agreement.

Related to Settlement Late Payment Fee

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Management Fee has the meaning given in Section 4.1.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Payment Amount has the meaning specified in Section 6.1.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Termination Payment has the meaning set forth in Section 6.03.