Amount in Arrears definition

Amount in Arrears means an amount due and owing as a result of non-compliance with the Loan Agreement, and may include principal, accrued interest and other fees;

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Amount in Arrears means the amount of duty which is recoverable as arrears of duty under the indirect tax enactment, on account of—

Amount in Arrears means an amount due and owing as a result of non-compliance with this Loan Agreement and may include principal, accrued interest and administration fees;

Examples of Amount in Arrears in a sentence

• The Interest Rate for the purposes of the daily calculation of the monthly interest owed on the Total Principal Amount and the Amount in Arrears varies in accordance with the increase or decrease of the Prime Rate.

• At any time, the balance due is equal to the total Amount in Arrears, the outstanding balance of the Total Principal Amount, accrued interest and all other amounts due at the time of repayment.

• The payments will first be credited to the Amount in Arrears, then to the payment of accrued interest, and then to the payment of the balance owing on the Total Principal Amount.

• The Annual Interest Rate for the purposes of the daily calculation of the interest owed on the Total Principal Amount and the Amount in Arrears varies in accordance with the increase or decrease of the Prime Rate.

• For the interest-only repayment option, the monthly payments will first be credited to the Amount in Arrears and then to the payment of accrued interest.

• For the principal-and-interest repayment option, the monthly payments will first be credited to the Amount in Arrears, then to the payment of accrued interest, and then to the balance owing on the Total Principal Amount.

• The payments will first be credited to the Amount in Arrears, then to the payment of accrued interest and then to the payment of the balance owing on the Total Principal Amount.

• EACH PARTY TO THIS AGREEMENT HEREBY IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF SUCH COURTS FOR THE PURPOSE OF ANY SUCH SUIT, ACTION, PROCEEDING OR JUDGMENT AND HEREBY IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK FOR THE PURPOSE OF ANY SUCH SUIT, ACTION, PROCEEDING OR JUDGMENT.

• The Additional Interest Amount accrued up to any Interest Payment Date shall be added, for the purpose only of calculating the Additional Interest Amount accruing thereafter, to the Amount in Arrears remaining unpaid on such Interest Payment Date so that it will itself become an Amount in Arrears.

• Notwithstanding the foregoing, to the extent the Company pays the Amount in Arrears within seven (7) days of the date it was required to make such payment, then the Amount in Arrears shall not accrue Arrears Interest during such seven days.

More Definitions of Amount in Arrears

Amount in Arrears has the meaning set forth in Section 2.8(a). “Applicable Procedures” has the meaning set forth in Section 2.13(i). “Arrears Rate” has the meaning set forth in Section 2.7.

Amount in Arrears means duty component recoverable on account of - a) No appeal filed against OIO/OIA within time limit of filing appeal or b) Final appeal order or c) Unpaid tax liability in Return filed till 30-Jun-19.

Amount in Arrears means the amount of duty which is recoverable as arrears of duty on account of an order against which no appeal have been filed by the declarant or an order in appeal before expiry of the period of time for filing appeal; or an order in appeal relating to the declarant attaining finality; or the declarant has admitted a tax liability but not paid it and filed a return on or before June 30, 2019 in this respect.

Amount in Arrears shall have the meaning ascribed to it in item 1 (iv) above; “Arrears Rate” shall have the meaning ascribed to it in item 4 above;

Amount in Arrears has the meaning set forth in Section 2.8(a).

Amount in Arrears means the amount of duty which his recoverable as arrears of duty under the in direct tax enactment, on account of-