Past Due Debt definition

Past Due Debt. In this instance Debts shall be defined as being Past Due when the buyer has any payment obligations to You that remain unpaid more than 60 days after the contractual Due Date of payment
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Past Due Debt a Debt in respect of which any amount remains Outstanding at the end of the Past Due Period.
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Examples of Past Due Debt in a sentence

  • The size of flows with DGP>0 amount to 17.2 billion US$ on charges-received which is 26.2% of all non-observed bilateral charges-received in 2018.43 This is mainly due to Belgium, Ireland, Korea and the US (see Annex Table B3).

  • No award shall be made to a respondent that has a Code Violation or Past Due Debt to the City of Clovis.

  • Past Due Debt to CTSI- Applicants must not have any past due, unpaid debts owed to CTSI.

  • Debtor notified on that the claim must be paid by to void further collection efforts.Certification of Past Due Debt to the IOCThe Superintendent or designee certifies the debt as required in the terms of the IGA between District and the IOC.Offset Processing with the IOCThe Superintendent or designee updates a Debtor’s records as required by the terms of the IGA between the District and the IOC and/or 105 ILCS 123/, added by P.A. 100-1092.

  • Such amount shall be applied by the Trustee first, to the payment of Past Due Debt Service, and second, to the payment of Current Debt Service.

Related to Past Due Debt

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Debt Due means the aggregate of the following sums expressed in Indian Rupees outstanding on the Transfer Date:

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Adjusted Indebtedness means, at any date, the result of (a) Seller’s Indebtedness on such date, minus (b) the unpaid principal of Seller’s Subordinated Debt on such date (to the extent such Subordinated Debt is excluded from Seller’s Indebtedness in calculating Seller’s Adjusted Tangible Net Worth on such date in accordance with the definition thereof).

  • Consolidated Indebtedness means, as at any date of determination, the aggregate amount of all Indebtedness of Holdings and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.

  • Refinanced Debt has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.”

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).