Unauthorised Overdraft Interest definition

Unauthorised Overdraft Interest means the interest you pay when you have an Unauthor- ised Overdraft in accordance with Clause 2.6 of Part 3, at such a rate as determined by the Bank from time to time, details of which are available on our website (or on request if not available on our website);
Unauthorised Overdraft Interest means the Interest supplement at the rate determined by the Bank from time to time in respect of unauthorised overdrawn amounts on a Credit facility in the Account. Chapter Two: Deposits
Unauthorised Overdraft Interest. A supplement to the interest under this Agreement in respect of a debit balance in the Borrower's Account which is not within an authorised overdraft facility. Utilisation A utilisation of the Facility, i.e., the provision of a Loan. Utilisation Date The date of a Utilisation. VPG Vishay Precision Group, Inc. VPI Vishay Precision Israel Ltd.

Examples of Unauthorised Overdraft Interest in a sentence

  • If any of the Client’s fees are overdue, the Bank shall be entitled to charge Unauthorised Overdraft Interest for the period of the delay.

  • The interest rate applicable to the amount of the Unauthorised Overdraft will be the Unauthorised Overdraft Interest rate plus the Surcharge Interest rate and these rates will be advised to you on your statement (Unauthorised Overdraft Interest may be referred to as Debit interest on your statement).

  • It will be charged on the daily closing debit balance using our current Unauthorised Overdraft Interest rate and debited monthly or at such other times as we may require.

  • In particular we will deduct from your account(s) any interest, including any Unauthorised Overdraft Interest, when you exceed your agreed borrowing/overdraft limitor when your account(s) become overdrawn (with or without an overdraft facility in place).


More Definitions of Unauthorised Overdraft Interest

Unauthorised Overdraft Interest means the interest you pay when you have an Unauthorised Overdraft in accordance with Clause 2.6 of Part 3, at such a rate as determined by the Bank from time to time, details of which are available on

Related to Unauthorised Overdraft Interest

  • Unauthorised expenditure , means any expenditure incurred by a municipality otherwise than in accordance with section 15 or 11(3) of the MFMA, and includes-

  • unauthorised transaction means a transaction that is not authorised by a user

  • Authorised Driver means any driver approved by Xxxxxx and whose name is noted in Rental Vehicle Agreement Part A as an authorised driver;

  • authorised person means the Client or any person (including any individual or entity) authorised by the Client to act on its behalf in the performance of any act, discretion or duty under this Agreement (including, for the avoidance of doubt, any officer or employee of such person) in a notice reasonably acceptable to the Custodian.

  • Authorised User means those employees, agents and independent contractors of the Customer who are authorised by the Customer to use the Services.

  • Unintentional Overadvance means an Overadvance which, to the Administrative Agent’s knowledge, did not constitute an Overadvance when made but which has become an Overadvance resulting from changed circumstances beyond the control of the Credit Parties, including, without limitation, a reduction in the Appraised Value of property or assets included in the Borrowing Base or misrepresentation by the Loan Parties.

  • Authorised Users means any of the following to whom You give permission to use the Software as part of Your BlackBerry Solution: (a) any of Your employees, consultants or independent contractors; (b) any friend or family member, or any person that resides in Your premises; and (c) any other person who RIM authorises in writing. Notwithstanding the foregoing, this Agreement does not convey the automatic right to have Your BlackBerry Server Software hosted by a third party. If You wish to do so, please contact RIM at: xxxxxxxxx@xxx.xxx. "BlackBerry Handheld Product", also known as "BlackBerry Device", means a device manufactured by or on behalf of RIM, including any such smartphone, smart card reader, tablet or BlackBerry Presenter and any other device expressly identified by RIM at xxxx://xxx.xxxxxxxxxx.xxx/legal/blackberrydevices_for_bbsla as a BlackBerry Handheld Product.

  • authorised bank means a bank or a branch of a bank authorised by the Central Government to collect the tax or any other amount payable under this Act;

  • Unauthorized Gas means (a) the quantity of gas taken by Customer exceeding the amount which is permitted during a Period of Interruption or (b) the difference (whether positive or negative) between the quantity of gas taken by Customer and the volumes provided for under an Operational Flow Order.

  • authorised taxi rank means any area of carriageway which is comprised within and indicated by a road marking complying with diagram 1028.2 in Schedule 6 to the Traffic Signs Regulations and General Directions 2002;

  • Inadvertent Interchange means the difference between net actual energy flow and net scheduled energy flow into or out of the individual Control Areas operated by PJM.

  • authorised entity means an Entity with whom the Client has entered into an Authorising Agreement pursuant to Clause 2A.1;

  • Customer Deposits means deposits made by customers with respect to the purchase of goods or the performance of services.

  • Unauthorized Access means the entrance of a person into a restricted area without permission of the operator or the operator’s designated representative.

  • Additional Authorised Participant means any Eligible Authorised Participant (other than the Initial Authorised Participant or the Second Authorised Participant) that has entered into an Authorised Participant Agreement with the Issuer and has acceded to the LS Operating Procedures Agreement.

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • Authorised absence means that the school has either given approval in advance for a pupil of compulsory school age to be away from the school, or has accepted an explanation offered afterwards as justification for absence.

  • Authorised Persons means collectively all Event management, Venue management, Police, public bodies and agencies responsible for safety and security in connection with the Event or the Venue, and their respective staff, officials, representatives, officers and volunteers;

  • authorised party means the party referred to in Article XIII(3);

  • Authorised Investments means investments authorised by the instrument, if any, creating the trust for the investment of money subject to the trust, or by law;

  • Authorised Third Party means a person authorised by you to initiate trades or close existing trades using your account details, as referred to in Clause 16.

  • authorised agent means a passenger sales agent who has been appointed by us to represent us in the sale of air transportation on our services.

  • Relevant Personal Data means Personal Data in respect of which we are the Controller.

  • Authorised Signatories means any two authorised officers of the Issuer signing jointly.

  • Authorised Representative means any natural or legal person established within the Union who has received a written mandate from a manufacturer to act on his behalf in relation to specified tasks;

  • Authorised Representatives means the duly authorised officers, directors, employees etc of either Party as recorded in Annex C;