Overdue definition

Overdue means an amount that is unpaid on the first day following the day upon which it is due and payable.

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Overdue means an amount which remains unpaid beyond the due date;

Overdue herein means that Party A fails to repay the Loan on the repayment date or, in case of repayment in installments, fails to repay the relevant installments in accordance with the repayment schedule as provided herein. Before any principal is overdue, the overdue interest shall be compounded in accordance with the interest rate and the interest settlement method as provided herein;

Examples of Overdue in a sentence

• Premium, if any, and Interest; Interest on Overdue Principal; Principal, Premium, if any, and Interest Rights Preserved.

• If any payments due from Landlord to Tenant shall not be paid within ten (10) days after its due date, Landlord shall pay to Tenant, on demand, a late charge (to the extent permitted by law) computed at the Overdue Rate on the amount of such installment from the due date of such installment to the date of payment thereof.

• All reasonable costs and expenses (including, without limitation, reasonable attorneys' fees) incurred by Landlord in connection therewith, together with interest thereon (to the extent permitted by law) at the Overdue Rate from the date such sums are paid by Landlord until repaid, shall be paid by Tenant to Landlord, on demand.

• If any installment of Minimum Rent, Additional Rent or Additional Charges (but only as to those Additional Charges which are payable directly to Landlord) shall not be paid within ten (10) days after its due date, Tenant shall pay Landlord, on demand, as Additional Charges, a late charge (to the extent permitted by law) computed at the Overdue Rate on the amount of such installment, from the due date of such installment to the date of payment thereof.

• We will not exercise Our rights under Section 6.3 (Overdue Charges) or 6.4 (Suspension of Service and Acceleration) above if You are disputing the applicable charges reasonably and in good faith and are cooperating diligently to resolve the dispute.

More Definitions of Overdue

Overdue means overdue on the date the first or losing Society receives the request by the second or remaining Society for its current classification survey status.

Overdue means an amount that is unpaid on the first day following the day on which it is due and payable according to the Contract.

Overdue means overdue on the date the losing Society receives the request by the gaining Society for its current classification survey status.

Overdue means where an unconditional obligation of a Counterparty remains unpaid after the date on which the obligation was due for payment under the terms of the transaction, except that:

Overdue in respect of an amount, means an amount that remains unpaid after the due date;

Overdue has the meaning set forth in Section 6.6.

Overdue means, in relation to an invoice, that payment has not been made in full within twenty (20) days following the date of the invoice.