Overdue Date definition

Overdue Date means the date on which the payment of an invoice due by a Subscriber to Arrowmail under these Terms & Conditions will be considered late and overdue if such payment has not been received by Arrowmail.
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Overdue Date means, in relation to a Customer, the date falling (a) 60 days (or such other period as the Bank may from time to time specify) after the due date of each Debt in respect of which the Credit Cover Percentage is zero, or (b) such number of days after the due date of any other Debt as may from time to time be notified by the Bank to the Seller;
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Examples of Overdue Date in a sentence

  • Any payment not paid when due hereunder or within thirty (30) days thereafter (the "Overdue Date"), shall bear interest at the rate of 10% per annum from the Overdue Date to the date paid in full.

Related to Overdue Date

  • Overdue Rate means, on any date, a per annum rate of interest equal to the lesser of (i) twelve percent (12%) or (ii) the maximum rate then permitted under applicable law.

  • Overdue Amount means any amount required to be paid by the Issuer under any of the Finance Documents but not made available to the Bondholders on the relevant Payment Date or otherwise not paid on its applicable due date.

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.