Arrears definition

Arrears for this purpose means, in respect of a Loan, on any date that two or more Monthly Payments have become due and remain unpaid by the relevant Borrower, and this reporting line relates to repurchases under clause 8.11 of the Mortgage Sale Agreement.

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Arrears means those rates and service charges that have not been paid by the due date and for which no arrangement has been made.

Arrears means the amount of unpaid premiums whenever the date to which premiums have been paid is earlier than the current date.

Examples of Arrears in a sentence

Distributions with respect to the Series A Preferred Shares, to the extent declared by the Board of Directors to be paid by the Company in accordance with this Section 5.1, shall be paid, in Arrears, on each Series A Distribution Payment Date (other than the initial Series A Distribution, which shall be paid on October 15, 2025).
Accumulated distributions with respect to the Series A Preferred Shares in Arrears for any past Series A Distribution Period may be declared by the Board of Directors and paid on any date fixed by the Board of Directors, whether or not a Series A Distribution Payment Date, to holders of Series A Preferred Shares on the record date for such payment, which may not be less than 10 calendar days before such payment date.
No interest, additional distributions or other sums will be payable in respect of any distribution with respect to the Series A Preferred Shares which may be in Arrears.
So long as the Series A Preferred Shares are held of record by the Depositary or its nominee, declared distributions with respect to the Series A Preferred Shares shall be paid to the Depositary in same-day funds on each Series A Distribution Payment Date or other distribution payment date in the case of payments for distributions with respect to the Series A Preferred Shares in Arrears.

More Definitions of Arrears

Arrears means, any amount outstanding against tenderer which is due to the Forest Department of the Government or Federation and intimation of which has been sent to him by the Forest department or Federation or their Officer, by Registered Post at least 30 days prior to the last date of submission of the tender;

Arrears means any amount due, owing and payable by a customer in respect of a municipal account not paid on the due date;

Arrears means the debt amount owed for a period of time before the current month.

Arrears means the debt that is overdue after missing one or more required payments.

Arrears means any amount which is due, owing and payable and which remains unpaid by due date;

Arrears means any amount due and payable to the Municipality and not paid by the due date;

Arrears means any amount due and payable to the Municipality which has not been paid on or before the date of payment;