Overdue Balance definition
Examples of Overdue Balance in a sentence
The said Charges will appear on the Statement of Account with the message "Charge On Overdue Balance".
Charges on Overdue Balance shall be levied on each Payment Due Date until all outstanding amounts are fully paid by the Company directly or through its direct debit arrangement.
We may charge You Charges on Overdue Balance on a monthly basis in accordance with the Schedule of Fees and Charges for so long as Card balance(s) remain outstanding without any further prior notice of default being required.
Customer will be responsible for any costs resulting from collection by ABC CORP of any such Overdue Balance, including, without limitation, reasonable attorneys’ fees and court costs.
In the event that such payments and the imposed late payment fine (“Overdue Balance”) become more than thirty (30) days past due, the Overdue Balance will be subject to interest at the rate of one and one-half percent (1½%) per month (or, if less, the maximum allowed by applicable law) on that Overdue Balance.
AEME may charge the Company Charges on Overdue Balance Charges on overdue balances monthly as specified in the Schedule of Fees and Charges.