Examples of Due Date in a sentence
The Client may repay the respective Overdraft Credit to the Bank at any time, but by the Final Due Date at the latest.
Following the Due Date, the Bank is entitled to convert any outstanding Credit drawn down in a foreign currency into CZK using the foreign currency selling Rate – cashless (“deviza prodej”) as published at the conversion date and to ask the Client to settle any such converted amount in CZK.
The Client is obliged to pay the above stated compensation for prepayment to the Bank also in the event that the Credit becomes due before the Due Date or Final Due Date as a result of termination of the Frame Agreement or any relevant contract concluded under the Frame Agreement for reasons stated in the General Conditions.
Regardless of the Due Date, all debts arising under Financing shall be become due as of the date when declaration of bankruptcy of the Client becomes effective.
If the respective Overdraft Credit is not repaid as at the Final Due Date, the outstanding amount shall be considered to be unauthorised debit, which shall be due immediately.
The Client may repay the Revolving Credit at any time, but no later than on the Final Due Date or, if termination of the Frame Agreement has been agreed, in the period agreed in the Frame Agreement at the latest.
The Client shall not be released from its responsibility for debts arising from the Frame Agreement nor its debts under the Frame Agreement shall not been decreased should the Bank does not perform the respective payment to the debit of some of the Client’s accounts with the Bank at the respective Due Date.
In case of termination of the Frame Agreement by notice due to the reasons set out in the General Conditions, all debts arising under Financing shall become due as at the date of termination of the Frame Agreement regardless the Due Date or Final Due Date.
The Commitment Fee shall be settled monthly starting from the effective date of the Frame Agreement until the Final Due Date of the respective Overdraft Credit, but no later than 5 Business Days after the end of the respective calendar month.
The Company will be in default if the amount shown on the Billing Statement is not received by Citibank in full in the Billing Currency on the account shown on the Billing Statement and by no later than the Due Date shown on the Billing Statement.