Common use of Delinquent Defined Clause in Contracts

Delinquent Defined. If a contribution and payroll report are not received by the Due Date, they are delinquent. If the Due Date is a Saturday, Sunday or holiday, the contribution and payroll report must be received by the next business day. Contributions are not received until they are received at one of the above addresses. The postmark date on an envelope is not the receipt date. If only a part of the amount due is paid, the shortage is delinquent.

Appears in 8 contracts

Samples: Principal Agreement, Residential Agreement, Residential Agreement

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