Days Past Due definition

Days Past Due means, as of any date of determination and with respect to any Receivable that is not marked as current in the Loan Database, the number of calendar days elapsed since the due date of the earliest Scheduled Receivables Payment that has not been received from the related Obligor.
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Days Past Due means the number of days that have passed since the first billing cycle closing date in which an Account became Delinquent. Thirty (30) days must be subtracted from the number of days displayed by the FDR System to reflect true Days Past Due. For example, the FDR System data and reports that show 90 Days are actually 60 Days past the actual cycle date due. “X Days Delinquent” or “X Day Accounts” or “FDR Days Past Due” means those Accounts on which the FDR System indicates that the minimum payment requirement established in PCF or in Account masterfile settings has not been paid for X or more calendar days past the billing cycle closing date by which payment was due, where “X” represents a specified number of days which is thirty (30) days more than the true Days Past Due. “X - Y Days Delinquent” or “X - Y Day Accounts” or “X to Y FDR Days Past Due” means those Accounts on which the FDR System indicates that the minimum payment requirement established in PCF or in Account masterfile settings has not been paid for somewhere between X - Y calendar days past the billing cycle closing date by which payment was due, where “X” and “Y” represent specified numbers of days, which numbers are thirty (30) days more than the true Days Past Due.
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Days Past Due means, with respect to any Receivable, as of any date of determination, the number of days elapsed since the first date on which the applicable Account Obligor failed to make any portion of a Scheduled Payment that has not been subsequently paid.
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Examples of Days Past Due in a sentence

  • Payment 120 Days Past Due: ▇▇▇▇▇▇ County will terminate the lease and commence proceedings against Tenant to satisfy the debt as outlined above.

  • Payment 120 Days Past Due: ▇▇▇▇▇▇ County will terminate the lease and commence proceedings against the tenant to satisfy the debt as outlined above.

  • Number Current Balance Net Present Value T The net present value of the current balance Number Days Past Due A Number of days loan is past due.

  • Summary of collection timeline: 10 Days Past Due A past due notice is generated and mailed.

  • State Amount Past Due Days Past Due % of Company’s Total Receivables from Customers in State ___% ___% ___% ___% ___% ___% ___% 17.

  • Enter (or point to) the agings bucket descriptions used in this deal (e.g., Current, 1-30 Days Past Due, etc.).

  • Interest due on a release shall be deducted from the Penalty for Late Payment ▪ Past Due Interest = Net Amortization x No. of Days Past Due x Interest Rate / 360 ▪ Penalty Charges = Gross Amortization x No. of Days Past Due x 0.36 / 360 Other Bank Fees ▪ 3% of the Outstanding Principal and ▪ P 3,500.00 Full Payment Processing Fee Release of Proceeds [ ] MANAGER’S CHECK PAYABLE TO [ ] CREDIT TO ACCOUNT IN THE NAME OF RCBC CA/ SA/ NO.

  • Number ------------------------------------------------------------------------------------------------ Current Balance Net The net present value of the current balance Number Present Value ------------------------------------------------------------------------------------------------ Days Past Due Number of days loan is past due.

  • Number Current Balance Net Present Value The net present value of the current balance Number Days Past Due Number of days loan is past due.

  • Account Number Borrower Loan Amount Status -------------- -------- ----------- ------ 3913171520 ▇▇▇▇▇▇ ▇▇▇▇▇▇ $ 13,613.00 30 Days Past Due This loan was charged off in the late 1980s.


More Definitions of Days Past Due

Days Past Due means any material credit obligation with the bank is more than 90 days past due.
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