Arrears for this purpose means, in respect of a Loan, on any date that two or more Monthly Payments have become due and remain unpaid by the relevant Borrower, and this reporting line relates to repurchases under clause 8.11 of the Mortgage Sale Agreement.

Arrears means those rates and service charges that have not been paid by the due date and for which no arrangement has been made.

Arrears means the amount of unpaid premiums whenever the date to which premiums have been paid is earlier than the current date.

Examples of Arrears in a sentence

If We decide not to carry out the switch because of Arrears, We will tell You in writing.
This debt flag will inform the acquiring supplier that You have Arrears greater than the levels set by the Regulator.
We will also inform You in writing when all the Arrears due to Us have been discharged.

More Definitions of Arrears

Arrears means, any amount outstanding against tenderer which is due to the Forest Department of the Government or Federation and intimation of which has been sent to him by the Forest department or Federation or their Officer, by Registered Post at least 30 days prior to the last date of submission of the tender;

Arrears means any amount due, owing and payable by a customer in respect of a municipal account not paid on the due date;

Arrears means any amount which is due, owing and payable and which remains unpaid by due date;

Arrears means the debt that is overdue after missing one or more required payments.

Arrears means the debt amount owed for a period of time before the current month.

Arrears means any amount due and payable to the Municipality and not paid by the due date;

Arrears for non-residential customers means charges for which payment has not been made more than 20 calendar days after payment was due.