Delinquent Payments definition

Delinquent Payments means any payments owed to the Trust as a result of liabilities, obligations and duties of the Primary Swap Counterparty pursuant to the Primary Swap Agreement accruing prior to the Assignment Date that have not been made by the Primary Swap Counterparty.

Delinquent Payments are defined as those payments not received by HSC within thirty (30) days of the dates due as defined in Paragraph 6.5.2 below. Once HCG has paid HSC for any "Delinquent Payments" and any interest accrued in accordance with Paragraph 6.7 below, HSC shall use its reasonable best efforts to ship the Spacecraft to the Launch Site so as to enable launch on the scheduled Launch Date and in any event to make shipment as soon as practicable and no later than sixteen (16) weeks after payment by HCG of such Delinquent Payments. HCG will be responsible for and will pay to HSC any reasonable costs and [***] profit on such costs that HSC may incur as a result of a delay in delivery due to HCG's Delinquent Payments. Notwithstanding the foregoing, this Section 6.5 shall not relieve Contractor of its obligation to deliver the Spacecraft, and no "Delinquent Payment" shall be deemed to have occurred, due to any non-payment by HCG on account of an alleged breach by Contractor or other dispute as to such payment. In such event, HCG shall, within thirty (30) days of the date such payment is due, pay the full amount of such payment into an interest-bearing escrow account to be established at Bank of America, Concord, California. Upon settlement of the dispute as to such payment and alleged breach in accordance with Article 32, the Party entitled to the amount in escrow shall receive such amount together with all accrued interest thereon and the other Party shall pay all costs and fees associated with the escrow of such amount. [***] Filed separately with the Commission pursuant to a request for confidential treatment.

Delinquent Payments means any payment, as described in the Installment Loan, which remains unpaid for a period of more than 30 days after the due date stated in the Installment Loan. This includes any lender approved skipped payments or missed payments.

Examples of Delinquent Payments in a sentence

• If the amount on deposit in the Debt Service Reserve Fund is less than the Debt Service Reserve Requirement, the Trustee will transfer funds from the Revenue Fund, but only from the Delinquent Payments Account, to the Debt Service Reserve Fund to restore the Debt Service Reserve Requirement, to the extent and in the manner provided in Section 7.2(c).

• The Trustee shall deposit in the Delinquent Payments Account only payments of Special Assessments or Special Taxes designated in writing by the Administrator, on behalf of the Authority and the City, as delinquent, and any penalties and interest thereon.

• Amounts in the Delinquent Payments Account shall be used for transfers to the Debt Service Reserve Fund as set forth in (c) below after making the transfers described in Sections 7.2(a) and (b).

• Delinquent Payments Should either Company or CoverSource, Inc., initiate legal proceedings arising out of the sale or delivery of merchandise, reasonable court cost and attorney fees shall be awarded to the prevailing party in those proceedings.

• Consequences for Delinquent Payments Our policies are not meant to be punitive; in the interest of fairness to all our families struggling to send their children to a Catholic school and for us to keep our school financially viable, we must ensure that all tuition obligations are met as planned.

More Definitions of Delinquent Payments

Delinquent Payments means any payment, as described in the installment loan instrument, which remains unpaid for a period of more than sixty (60) days after the due date stated in the installment loan instrument that remains unpaid at the date of Loss.

Delinquent Payments means any payment, as described in the Installment Sales Contract instrument, which is unpaid after the due date stated in the Installment Sales Contract.

Delinquent Payments means any payment as described in the FINANCING AGREEMENT, which remains unpaid for a period of more than fifteen (15) days after the due date stated in the FINANCING AGREEMENT.

Delinquent Payments has the meaning set forth in Section 2.2 of this Agreement.

Delinquent Payments means any payment, as described in the loan instrument, which remains unpaid for a period of more then (10) days after the due date stated in the loan instrument. SUMMARY

Delinquent Payments means any payment, as described in the Financing Contract, which remains unpaid for a period of more than 30 days after the due date stated in the Financing Contract. The Delinquent Payment will be determined as of, and limited to, amounts past due on the Date of Loss.

Delinquent Payments. Tuition payments are delinquent if they cannot be deducted on the scheduled day. FACTS will continue to attempt to deduct tuition that is due until the balance is paid. FACTS will assess missed payment fees for each unsuccessful deduction attempt. Families whose payments are seriously delinquent will be required to enroll in directly monitored payment plans with additional obligations and penalties.