Due Date definition
Examples of Due Date in a sentence
In the event that the Participant is a director or executive officer and the amount of any income tax is not collected from or paid by the Participant by the Due Date, the amount of any uncollected tax liability may constitute a benefit to the Participant on which additional income tax and National Insurance contributions (“NICs”) may be payable.
The Borrower fails to pay on the Due Date (i) any principal amount of the Loan; (ii) any interest on the Loan; or (iii) any other amount due hereunder; provided, however, no Event of Default shall be deemed to have occurred pursuant to this Section 5(a) if, within five (5) days after the Borrower receives notice of a Failure to Pay, Borrower shall have paid all amounts due hereunder.
All payments of principal and interest shall be made in US dollars no later than the Due Date.