Overdue Accounts definition

Overdue Accounts. Accounts are considered delinquent after 30 days of non-payment. If an account reaches $150 of unpaid charges, routine visits will be discontinued until the entire account is paid. Delinquent accounts that go unpaid for more than 90 days will be turned over to a collection agency, with a surcharge of 30% added. Clients will be given 30 days’ notice before the account is turned over to a collection agency.
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Overdue Accounts means all of the credit card accounts of the Seller's Credit Card Business (other than Excluded Accounts) identified on Schedule 2.1 which is attached hereto or provided herewith and made a part hereof (which may in the Seller's sole discretion be in the form of a computer file or magnetic tape) consisting generally of any credit card account of Seller's Credit Card Business (other than commercial or business or accounts), including dormant accounts, inactive accounts, closed accounts, accounts which are classified as "substandard," "doubtful," "loss" or treated as "other loans especially mentioned" in the most recent report examination prepared by any Federal or State supervisory agency, accounts in nonaccrual status, accounts on which principal or interest payments are more than 30 days past due, accounts whose terms have been renegotiated or compromised due to the deteriorating financial condition of the Cardholder or accounts statused by Seller as bankrupt, deceased, fraud, lost or stolen or charged off (in accordance with the Seller's then-current written policies) and which contains sufficient information to identify each account and respective Cardholder such as name, address, social security number, account number, status codes, account balance and such other information as is mutually agreed upon by Purchaser and Seller.
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Overdue Accounts. All 2019-2020 school year tuition must be paid by June 1, 2020. If not paid in full by then the school will not hold a class position for the student(s) for the following year. Accounts that become more than two months in arrears will be reviewed by the school board and could result in dismissal. We recognize that it is a financial sacrifice for parents to send their children to Covenant Christian School. It is incumbent upon the board to maintain the school’s financial integrity, especially since tuition does not cover the full cost of educating your child(ren). The policies noted above have been implemented in order to help us in this stewardship effort. Thank you for your understanding.
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Examples of Overdue Accounts in a sentence

  • Section 16 - Interest on Overdue Accounts This provision will not apply to payments made by credit card at point of sale.

  • Should the Contractor’s information within the Vendor Electronic Payment Registration form not be accurate or up to date, the provisions identified herein under Article 18 – Payment Period and Article 19 - Interest on Overdue Accounts, set out in 2030 General Conditions (2016-04-04) forming part of the Contract will not apply, until the Contractor corrects the matter.

  • In the case of disputed invoices, the invoice will only be considered to have been received for the purposes of the section of the General Conditions entitled "Interest on Overdue Accounts" once the dispute is resolved.

  • Section 16 Interest on Overdue Accounts, of 2010A (2018-06-21), General Conditions - Goods (Medium Complexity) will not apply to payments made by credit cards.

  • Section 13 Interest on Overdue Accounts, of 2010C (2018-06-21), General Conditions - Services (Medium Complexity) will not apply to payments made by credit cards.

  • Payments by direct deposit will be subject to Article 18 – Payment Period and Article 19 - Interest on Overdue Accounts, set out in 2030 General Conditions (2016-04-04) forming part of the Contract.

  • Payments by direct deposit will be subject to Article 16 – Payment Period and Article 17 - Interest on Overdue Accounts, set out in 2035 General Conditions (2016-04-04) forming part of the Contract.

  • Section 13, Interest on Overdue Accounts, of 2010C (2016/04/04), General Conditions - Services (Medium Complexity), will not apply to payments made by credit cards.

  • Payments by cheque will be subject to Article 18 – Payment Period and Article 19 - Interest on Overdue Accounts, set out in 2030 General Conditions (2013-06-27) forming part of this Contract.

  • Payments by credit card will not be subject to Article 16 – Payment Period and Article 17 - Interest on Overdue Accounts, set out in 2035 General Conditions (2016- 04-04) forming part of the Contract.


More Definitions of Overdue Accounts

Overdue Accounts means amounts which are overdue in respect to a Customer’s account including any unpaid security deposit.
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Overdue Accounts means accounts receivable which (i) remain unpaid for more than 120 days from the original date of invoice; (ii) are subject to a dispute or claim by the account debtor; (iii) are owed by an account debtor which is insolvent, is the subject of an insolvency proceeding or whose creditworthiness is not satisfactory to the Corporation.
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Overdue Accounts has the meaning specified in ss.2.1.
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Related to Overdue Accounts

  • Collection Accounts As defined in Section 3.10(a).

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Maturity Account means an account or accounts required to be established by the Corporation (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures issued pursuant to and in accordance with this Indenture;

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Funds and Accounts means funds and accounts created pursuant to or referred to in Section 501

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Debt Service Reserve Account as defined in the Depositary Agreement.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Senior Security Account means an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recordation or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically allocated to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Security Account “Software”, and “Supporting Obligations”.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.