Delinquent Payment definition

Delinquent Payment means, as to any Loan, with respect to any Due Period, any payment or portion of a payment that was originally scheduled to be made during such Due Period under such Loan (after giving effect to any reduction in the principal amount deemed owed on such Loan by the Obligor) and was not received or applied during such Due Period and deposited in the Certificate Account, whether or not any payment extension has been granted by the Servicer; provided, however, that with respect to any Liquidated Loan, the payment scheduled to be made in the Due Period in which such Loan became a Liquidated Loan shall not be deemed a Delinquent Payment.
Delinquent Payment is defined in Section 12.4.4.
Delinquent Payment means, with respect to any Lender, any amount required to be paid over by such Lender to any Agent, the LC Issuer or any other Lender hereunder or under any other Loan Document and not paid by the required date (after giving effect to any applicable grace period).

Examples of Delinquent Payment in a sentence

  • If any of such payments is not made when due (hereinafter a "Delinquent Payment"), in addition to such principal sum, the Corporation will pay you interest on any and all such Delinquent Payments from the date due computed at the prime rate as announced from time to time by Firstar Bank of Milwaukee, compounded monthly.

  • The foregoing provisions shall be in addition to any other remedies the Agent, the Performing Lenders or the Company may have under law or equity against the Delinquent Lender as a result of the Delinquent Payment or against the Nonperforming Lender as a result of its failure to perform its obligations under Section 2.

  • If any of the payments referred to in this Section 6 are not paid within the time specified after the Termination Date (hereinafter a "Delinquent Payment"), in addition to such principal sum, the Company will pay to the Executive interest on all such Delinquent Payments computed at the prime rate as announced from time to time by M&I Marshall & Ilsley Bank, or its successor, compounded monthly.

  • NOTICE OF ELECTRONIC SIGNATURES In order for us to verify your scanned in signature (on cover letters, Exhibit A, Disclosure Forms A and B, and Delinquent Payment Form) we request that you complete the Signature Certification for Electronic Submittals form and submit it to us in hard-copy immediately.

  • Upon notice by the Agent, the Company will pay to the Agent the principal (but not the interest) portion of the Delinquent Payment.


More Definitions of Delinquent Payment

Delinquent Payment is defined in Section 12.4.4. ------------------
Delinquent Payment has the meaning set forth in Section 3.3(b).
Delinquent Payment is defined in Section 10.4.3.
Delinquent Payment is defined in Section 3.6(a) hereof.
Delinquent Payment means a payment that: (1) remains unpaid for more than 15 days after the due date stated in the retail installment contract, and (2) remains unpaid on the date of loss.”
Delinquent Payment means a scheduled Tenant Lease payment that is not received in the Operating Account within the later of (x) [__________]*of the date when due under the applicable Tenant Lease and (y) [__________]*of the later of (i) the date of the Borrower’s Acquisition of the interest in the Cell Tower to which such Tenant Lease payment relates and (ii) with respect to the construction of a new Cell Tower, the date when such Tenant Lessee initially executes the Tenant Lease to which such Tenant Lease payment relates.
Delinquent Payment means the failure of a retail liquor store to make payment to a wholesale dealer for liquor on or before the 15th day of the month following delivery by the wholesale dealer.