Protracted Default Period definition

Protracted Default Period means the period specified in paragraph 20.11 or otherwise notified to you by us in writing from time to time;
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Protracted Default Period means 6 months from the Due Date or, if applicable, 6 months from the expiry of the Maximum Extension Period.
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Protracted Default Period means the period specified in paragraph 20.7 or otherwise notified to you by us in writing from time to time;
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Examples of Protracted Default Period in a sentence

  • The Protracted Default Period means the period specified in the Schedule and which commences on the original due date for payment of an Insured Debt under the relevant contract of sale or, if that original due date is postponed, such postponed due date.

  • The Protracted Default Period means the period specified in the Schedule and which commences on the original due date for payment of an Insured Debt under the relevant Lease or, if that original due date is postponed, such postponed due date.

  • The Protracted Default Period means the period specified in the Schedule and which commences on the original due date for payment of the last Disbursement of the Supply Chain Finance Facility, (or part thereof) to fall due, or if that original due date is postponed (subject to the Maximum Extension Period) such postponed due date.

  • The Protracted Default Period means the period specified in the Schedule and which commences on the original due date for payment of an Insured Debt under the relevant contract of sale or, if that original due date is postponed such postponed due date.


More Definitions of Protracted Default Period

Protracted Default Period means the period of ninety (90) days from the day following the original Due Date, or any extended Due Date allowable under the Maximum Extension Period.
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