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 Unauthorised Overdraft Interest Rate is set out in the Schedule.

  • 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).

  • Interest will be accrued on an Unauthorised Overdraft on a daily basis at the Unauthorised Overdraft Interest Rate and will be debited to the Account on a quarterly basis.

  • You will be informed of the Unauthorised Overdraft Interest Rate when we notify you of the occurrence of an Unauthorised Overdraft.

  • On the last Business Day of each month, the Customer shall pay all accrued interest in respect of the Overdraft Facility and all Unauthorised Overdraft Interest Charges.

  • 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

  • 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.

  • Authorised Users means those employees, agents and independent contractors of Customer or a Customer Affiliate who have been authorised by Customer to use the Products in accordance with these Terms.

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

  • 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;

  • 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.

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • 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;