Overdue Obligation definition

Overdue Obligation has the meaning set forth in Section 7.07(b).
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Examples of Overdue Obligation in a sentence

  • In addition, eSett shall be entitled to use the Deposited Collateral to recover any default interest on the Overdue Obligation together with all reasonable internal and external charges and expenses incurred by eSett to recover the Overdue Obligation.

  • The Overdue Obligation Amount Late Charge shall accrue at the Overdue Obligation Amount Late Charge Rate.

  • If Obligor fails to pay any Series B Obligation to the Company when such Series B Obligation is due and owing under the Agreement (an “Overdue Obligation”), the Company may present a written demand to Guarantor calling for Guarantor’s payment of such Overdue Obligation pursuant to this Guaranty (a “Payment Demand”).

  • If Obligor fails to pay any Obligation to the Company when such Obligation is due and owing under the Agreement (an “Overdue Obligation”), the Company may present a written demand to Guarantor calling for Guarantor’s payment of such Overdue Obligation pursuant to this Guaranty (a “Payment Demand”).