Overdue Days definition

Overdue Days means the number of days that a Partner Entity(ies)’s outstanding Account Receivable past its due date, which is recorded in its invoice.
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Examples of Overdue Days in a sentence

  • No Partner Entity has 10% or more of total Account Receivable with Overdue Days of 60 or more.

  • In the event of Force Majeure, the number of days for the duration of such Force Majeure will be eliminated from Overdue Days.

Related to Overdue Days

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

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

  • Overdue Scheduled Payment means any Scheduled Payment which is not in fact received by the Subordination Agent within five days after the Scheduled Payment Date relating thereto.