Balance Due Date definition

Balance Due Date means the date set out in the registered mortgage or in an amending agreement on which the loan amount is payable in full and may also be referred to as the maturity date.

Balance Due Date means the date on which payment of the Balance Due must be received by AFEX. The Balance Due Date must be a Business Day.

Balance Due Date means the date shown in the Registered Mortgage as the date when the Mortgage matures. On this date the Mortgage must be repaid or renewed.

Examples of Balance Due Date in a sentence

• Where there is a Default after the Balance Due Date or Maturity Date of the last renewal of the Mortgage, you may pay the outstanding Principal Amount of the Mortgage only upon payment of three (3) months’ interest at the then current Variable Interest Rate or Fixed Interest Rate, as the case may be, calculated on the outstanding Principal Amount in lieu of three (3) months’ notice.

• The terms of your right, if any, to prepay all or part of the Fixed Rate Debt before the Balance Due Date shall be described in your Credit Documents.

• You agree that if a Renewal Agreement is sent to you but you do not, by the Balance Due Date, either (i) sign and return the Renewal Agreement to us, or (ii) repay to us in full any and all outstanding Debt, we may, at our option, automatically extend the Mortgage on the terms contained in the Renewal Agreement, and you will be bound by such terms.

• Client expressly accepts the risk that the value of the currencies in a Forward Contract may change between the date of the Order and the Balance Due Date.

• Balance Due Date is the date on which you must repay in full the outstanding balance of your Loan.

More Definitions of Balance Due Date

Balance Due Date means the date shown below in Section 2.4(6) as the date when the Mortgage matures. On this date the Mortgage must be repaid or renewed.

Balance Due Date means the balance due date, if any, set out or referred to in item 5(l) of the Mortgage Form;

Balance Due Date means the date identified or described as such on the Mortgage Form, as the same may be amended by written agreement.

Balance Due Date means the date set out in a Loan Details Area and identified or described as such, [and, where the Land is situated in New Brunswick, means the "Maturity Date" set out in a Loan Details Area and identified or described as such, or, such Balance Due Date, or as the case may be, such "Maturity Date"], and this expression also means such date as changed in accordance with the terms of the Mortgage or by agreement between you and us.

Balance Due Date means the date on which payment must be received by Centtrip. The Balance Due Date must be a Business Day.

Balance Due Date or “Maturity Date” means the date set out in the Registered Mortgage or in an amending agreement on which the Indebtedness is due and payable in full.

Balance Due Date means the date the Principal Amount is due and payable as indicated in the Mortgage or other date Approved by you and Equitable. This date is the same date as the Last Payment Date.