Extended Payment Due Date definition

Extended Payment Due Date has the meaning set out in Clause 4.2.2.
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Extended Payment Due Date means with respect to Obligations arising from Financed Inventory up to the Sublimit (after first subtracting all loans extended under the Revolving Credit Facility) the Tuesday nearest the 120th day from the date of the invoice, however, if such 120th day occurs on any Wednesday through any Saturday, then such payment shall be due on the Tuesday immediately preceding the 120th day from the date of the TS, unless such Tuesday is not a Business Day, then such payment shall be due on the immediately preceding Business Day.
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Extended Payment Due Date means that date identified as the “Extended Payment Due Date” on the CPC Extended Pay Notification. The Extended Payment Due Date is calculated by CPC using a communized date which is approximately 60 days after the original Payment Due Date.
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Examples of Extended Payment Due Date in a sentence

  • Specifically payment for identified Floorplanned Inventory (by Transaction Statement) cannot be designated beyond the Extended Payment Due Date.

  • Reseller shall pay to Administrative Agents for their own account and the account of Lenders interest on each Extended Pay Outstanding on the Extended Payment Due Date with respect to each such Extended Pay Outstanding.

  • The results of our audit of Shoreline School District No. 412 are summarized below in accordance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).

  • Except in the case of willful misconduct, no Director or employee of the Company shall be personally liable for any act done or omitted to be done by such person with respect to this Plan.

  • With respect to Financed Inventory, Dealer will immediately pay CPC the principal Indebtedness on the earliest occurrence of any of the following events: (a) on the Payment Due Date, (b) on the Extended Payment Due Date (for Financed Inventory subject to the Extended Payment Due Date) and (c) immediately when inventory is lost, stolen or damaged (collectively, the “Loss Date”).

  • Reseller may elect to remit payment for Financed Inventory on the Extended Payment Due Date up to the maximum amount available under the Revolving Credit Commitment (i.e., the Revolving Credit Commitment minus all outstanding Revolving Credit Loans), which Indebtedness qualifying thereunder shall be assessed interest at the Extended Payment Rate.

  • With respect to Financed Inventory, Reseller will immediately pay CPC the principal Indebtedness on the earliest occurrence of any of the following events: (a) on the Payment Due Date, (b) on the Extended Payment Due Date (for Financed Inventory subject to the Extended Payment Due Date) and (c) immediately when the Inventory is lost, stolen or damaged (collectively, the “Loss Date”).

  • Up to a maximum aggregate amount of $10,000,000 of the Line of Credit may be used at Reseller’s election, to pay for Financed Inventory on the Extended Payment Due Date or may be used for revolving credit loans for general working capital purposes (the “Revolving Credit Commitment”).

  • All major changes are subject to the provi- sions of §§ 73.3580 and 1.1104 of this chapter pertaining to major changes.

  • Further, that at the time the decision was taken, the letter of Mr. Saney of the 19th July 2016 was not considered by the PSC although delivered to its office.


More Definitions of Extended Payment Due Date

Extended Payment Due Date means an extension of five days after the Payment Due Date has elapsed.
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Related to Extended Payment Due Date

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Due Date The day of the month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Specified Payment means any Permitted Acquisition, Permitted Investment, Restricted Payment or prepayment with respect to Indebtedness subject to satisfaction of the Payment Conditions or any component thereof.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.