Total Minimum Payment definition

Total Minimum Payment means the amount shown on each monthly statement that is required to be paid by the Payment Due Date.
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Total Minimum Payment meanS the amoUnt Shown on each monthly Statement that iS reqUired to be paid by the Payment DUe Date.
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Examples of Total Minimum Payment in a sentence

  • You must resume making your regular Total Minimum Payment Due each month following any modifications made to your required minimum monthly payment.

  • The Total Minimum Payment Due is the sum of all past due amounts plus the Current Payment.

  • An increase in the index means that you will pay higher interest charges and have a higher Total Minimum Payment Due.

  • If your Account has balances with different APRs, we will allocate the amount of any payment that is less than or equal to the Total Minimum Payment Due to the lowest APR balances first.

  • Payments made in any billing cycle that are greater than the Total Minimum Payment Due will not affect your obligation to make the next Total Minimum Payment Due.

  • If your Account has balances with different APRs, we will allocate the amount of your payment equal to the Total Minimum Payment Due to the lowest APR balances first.

  • Because federal law requires payment amounts in excess of your Total Minimum Payment Due to be applied first to higher APR balances, these balances will be paid off more quickly and you will pay less interest on them than if you paid only the Total Minimum Payment Due.

  • Payment Allocation You may reduce the amount of interest you pay by making payments that are larger than the Total Minimum Payment Due.

  • You may pay us more than the Total Minimum Payment Due, up to and including the total outstanding balance on your Account, at any time.

  • The Total Minimum Payment Due also includes any unpaid Minimum Payment Due, from previous Billing Period(s).

Related to Total Minimum Payment

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Actual Minimum means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon exercise in full of all Warrants, without giving effect to (x) any limits on the number of shares of Common Stock that may be owned by a Holder at any one time, or (y) any additional Underlying Shares that could be issuable as a result of any future possible adjustments made under Section 9(d).