Common use of Age of oldest Dues Clause in Contracts

Age of oldest Dues. The age of oldest dues is reckoned in days from the date on which the oldest payment is due and continues to remain unpaid. In the aforesaid illustration, if the dues relating to 01-02-2021 remain unpaid till 01-03-2021, the age of the oldest dues is reckoned as 29 days on 02-03-2021.

Appears in 6 contracts

Samples: Supplemental Agreement, Joint Liability, www.axisbank.com

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Age of oldest Dues. The age of oldest dues is reckoned in days from the date on which the oldest payment is due and continues to remain unpaid. In the aforesaid illustration, if the dues Dues relating to 01-02-1st February 2021 remain unpaid till 01-03-202101.03.2021, the age of the oldest dues is reckoned as 29 days on 02-03-202102.03.2021.

Appears in 2 contracts

Samples: Master Facility Agreement, Personal Loan Agreement

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Age of oldest Dues. The age of oldest dues is reckoned in days from the date on which the oldest payment is due and continues to remain unpaid. In the aforesaid illustration, if the dues Dues relating to 01-02-1st February 2021 remain unpaid till 01-03-202101.03.2021, the age of the oldest dues is reckoned as 29 days on 02-03-2021.02.03.2021

Appears in 1 contract

Samples: Form Cum Agreement

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