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.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • 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.

  • Class E Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

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

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

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

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

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

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

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

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

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

  • Lower Tier Interest As described in the Preliminary Statement.

  • 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.

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

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.