Surcharge Interest definition

Surcharge Interest means interest You pay when You exceed an Arranged Overdraft or arranged excess as set out in Clause 11.5;
Sample 1Sample 2Sample 3
Surcharge Interest means interest You pay when You exceed an Arranged Overdraft or arranged excess as set out in Clause 14.5; “Third Party Provider” ("TPP") means an independent provider of services which can offer Account Information Services or Payment Initiation Services to You, or which issues
Sample 1Sample 2Sample 3
Surcharge Interest means the Bank’s rate of surcharge interest, as calculated and payable in accordance with Clause 4.7 of Part 3;
Sample 1Sample 2Sample 3

Examples of Surcharge Interest in a sentence

  • You will also pay the Surcharge Interest rate on the unarranged excess.

  • As a result, this action alone does not directly invoke any costs 150 or benefits.

  • Surcharge Interest is in addition to the relevant Overdraft interest rate and applies to the statement (i.e. uncleared balance).

  • We will give you at least thirty days’(or two months’ if you are not a Corporate Opt-out Customer) written notice of any increase in the variable margin, the Arranged Excess Interest rate or the Surcharge Interest rate.

  • We can change the Surcharge Interest Rate, during the period that any unarranged excess exists on Your Account, as set out in Clauses 13.3(f) and (g).

  • Where We decrease the Debit Interest rate (or decrease the variable margin, the Arranged Excess Interest rate or the Surcharge Interest Rate) on Your Account We will make the change immediately.

  • We can change the Surcharge Interest rate, during the period that any unarranged excess exists on Your Account, as set out in Clauses 16.3 (e) and (f).

  • If You are a Corporate Opt-out Customer then We will give You 30 days' notice of any increase in the Margin, the Arranged Excess Interest rate or the Surcharge Interest rate.

  • This gives rise to costs, expenses and risk to the Bank that are covered by the application of Surcharge Interest.

  • Surcharge Interest will be debited to the relevant Borrower’s Account in the same manner as oth- er interest charges.


More Definitions of Surcharge Interest

Surcharge Interest means interest You pay when You exceed an Arranged Overdraft or
Sample 1Sample 2

Related to Surcharge Interest

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

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

  • Water interest means any right to the beneficial use of water, including:

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Note B Percentage Interest means a fraction, expressed as a percentage, the numerator of which is the Note B Principal Balance and the denominator of which is the sum of the Note A Principal Balance and the Note B Principal Balance.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Mortgage Interest Rate The annual rate of interest borne on a Mortgage Note.