Common use of Total Amount Due Clause in Contracts

Total Amount Due. The Total Amount Due shown on the statement is equal to the sum of the Current Payment Due PLUS any Past Due Amount, PLUS any payment due on promotional balances required by the terms of a promotion. If there is no Past Due Amount or promotional balance, then the Total Amount Due shown on the statement will equal the Current Payment Due.

Appears in 2 contracts

Sources: Business Credit Card Agreement, Business Credit Card Agreement