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 Contractor within thirty (30) days of the dates due as defined in Paragraphs 6.2.1 and 6.

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 any of such payment is not made when due (hereinafter a “Delinquent Payment”), in addition to such principal sum, the Corporation will pay you interest on any and all such Delinquent Payments from the date due computed at the prime rate, compounded monthly.

• In connection with the foregoing, in the event that there are Delinquent Payments under the Primary Swap Transaction, GMAC shall promptly (and in any event no later than the next Business Day) make the full amount of such Delinquent Payments to the Trust (but only to the extent that GMAC has not made a corresponding payment under the Fallback Swap Agreement).

• If such a Designated Event has occurred, then upon (A) the effectiveness of the Fallback Swap Agreement (as defined in the Triparty Agreement) and (B) the payment by GMAC in a timely fashion of all Delinquent Payments (as defined in the Triparty Agreement), if any, (x) the Event of Default or Termination Event, if any, constituting such Designated Event shall be deemed to be cured on and as of the date of assignment and (y) no Early Termination Date may be designated as a result of such Designated Event.

• If the Servicer fails to advance all Delinquent Payments required under this Section 8.02, the Trustee shall be obligated to advance such Delinquent Payments pursuant to Section 11.16.

• If the Servicer fails to advance all Delinquent Payments required under this Section 8.02, the Trustee shall be obligated to advance such Delinquent Payments pursuant to Section 11.15.

More Definitions of Delinquent Payments

Delinquent Payments means any payment that is past due as described in the contract.

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 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 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 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 than ten (10) days after the due date stated in the loan instrument.

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.