Delinquent Contract. A Contract as to which any payment, or part thereof, remains unpaid more than 60 days after the original due date for such payment.
Appears in 1 contract
Sources: Master Facility Agreement (Advanta Leasing Receivables Corp Ix)
Delinquent Contract. A Contract as to which any payment, or part thereof, remains unpaid more than 60 days after the original due date for such payment. Depository Agreement. Means, if applicable with respect to any Series, the agreement among the Obligors, the Trustee and a Clearing Agency, or as otherwise provided in the related Series Supplement.
Appears in 1 contract
Sources: Master Facility Agreement (Advanta Business Services Corp)