Arrears definition

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

  • The Company may pay Arrears of Interest, in whole or in part, at any time, upon giving not less than seven and not more than 15 Business Days’ notice to the Holders in accordance with Section 10.1 of the Indenture (which notice shall be irrevocable and will oblige the Company to pay the relevant Arrears of Interest on the payment date specified in such notice) and notice to the Trustee or the Paying Agent at least seven but not more than 30 Business Days prior to the relevant due date for payment.

  • The entire amount (and not any lesser portion) of any Arrears of Interest to, but excluding, the Mandatory Settlement Date, in respect of all Notes then outstanding or being redeemed, as applicable, shall become due and payable in full and shall be paid by the Company on the applicable Mandatory Settlement Date.

  • Payment in Arrears: Invoices are to be submitted in arrears to the user agency/department to the ship-to address, unless otherwise directed in this Contract.

  • Unless previously redeemed or purchased and cancelled as provided below, the Company will redeem the Notes on the Maturity Date at their principal amount together with any accrued interest up to (but excluding) the Maturity Date and any Arrears of Interest.

  • Upon surrender of any Note for redemption in accordance with the notice, the Company shall pay the Notes at the redemption price, together with accrued interest, if any, up to, but excluding, the Redemption Date and any Arrears of Interest.


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 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 which is due, owing and payable and which remains unpaid by due date;
Arrears means any amount due and payable to the Municipality and not paid by the due date;
Arrears means any amount that is due, owing and payable by a customer in respect of a municipal service provided to such customer that has not been paid on or before the due date reflected on an account rendered in respect thereof;