Past Due Amount definition

Past Due Amount shall have the meaning set forth in Section 23.02.

Past Due Amount means the “Minimum Payment” of the “Previous Balance” which was due for payment at the previous “Billing Cycle” and is unpaid and still due.

Past Due Amount means the ‘Minimum Payment’ of the ‘Previous Balance’ which was due for payment at the previous ‘Billing Cycle’ and is unpaid and still due. ‘Payment Due Date’ means the date specified in the ‘Statement of Account’ by which date the ‘Minimum Payment Due’, full payment, or a part of the ‘New Balance’ greater than the ‘Minimum Payment Due’, is to be made by the ‘Cardholder’ to the ‘Bank’. If the ‘Payment Due Date’ is a public holiday, then the last business day before the public holiday will be considered as the ‘Payment Due Date’. The payment must be received/recorded and posted to the ‘Card’ Account’ on/or before the ‘Payment Due Date’. ‘PIN’ means the Personal Identification Number provided by the ‘Bank’ to the ‘Cardholder’ for use with the ‘Card’ where and when required. ‘Posting Date’ means the date specified in the Statement of Account on which date the ‘Card’ Transaction was received by the ‘Bank’ from the location at which the ‘Card’ was used and posted to the ‘Card Account’. ‘Previous Balance’ means the total outstanding balance due for payment carried from the previous ‘Billing Cycle’ which may consist of ‘Retail Purchase’, ‘Cash Advance’, ‘Other Charges’ and/or fees.

Examples of Past Due Amount in a sentence

• As further explained below, to calculate the Minimum Payment Due for each billing statement, we use: ● the New Balance, ● any Amount Above the Credit Limit, ● the Previous Balance, ● any Interest Charged, ● any Penalty Fees, and ● any Past Due Amount.

• If, for any reason, the Parties disagree as to the amount of Past Due Amount, the matter shall be subject to the dispute resolution and arbitration procedures set forth in Articles 16 and 17, and during such time this Agreement shall remain in full force and effect provided the Ceding Company pays what the Ceding Company reasonably believes to be the Past Due Amount.

• If the Ceding Company does not remit such undisputed Past Due Amount in full, together with interest thereon calculated in accordance with Section 11.05, on or prior to such date, reinsurance under this Agreement shall terminate effective as of the last day of the Accounting Period for which the Reinsurer was last paid in full pursuant to Section 11.03 and the Parties shall perform a Terminal Cash Settlement in accordance with the terms of Article 22.

• The security interest set forth herein shall be cumulative to all, and not in lieu of any, other remedies to available to the Company with respect to any Past Due Amount.

• If, within [REDACTED] days of the Ceding Company’s receipt of the Nonpayment Termination Notice, the Ceding Company remits the undisputed Past Due Amount together with interest on such amount calculated in accordance with Section 11.05, the Reinsurer’s Nonpayment Termination Notice shall be withdrawn.

More Definitions of Past Due Amount

Past Due Amount from previous “Billing Cycle” will form part of The “Minimum Payment Due”.

Past Due Amount means the Minimum Amount Due that remains unpaid after the Payment Due Date.

Past Due Amount means the total amount of Debt that remains unpaid on an Account to Elavon after the Due Date specified on the Statement.

Past Due Amount has the meaning given to it in section 6(a);

Past Due Amount means any current charges or portion thereof for any municipal utility which remain unpaid past the due date of the bill on which such current charges first appear.

Past Due Amount means the total amount of Debt that remains unpaid on an Account to U.S. Bank after the Due Date specified on the Statement.

Past Due Amount shall equal that portion of the Outstanding Amount as to which Webvan has neither objected nor made payment within fifteen (15) days after Webvan's receipt of the Applications for Payment and invoices therefor. If at any time during the term of this Contract the Past-Due Amount exceeds Ten Million Dollars ($10,000,000) for a period of five (5) consecutive days, then Bechtel shall have the right to give Webvan written notice (a "PAST-DUE NOTICE") of such event. Bechtel shall specify in any Past-Due Notice the Past-Due Amount as of the date of such Past-Due Notice, and Bechtel shall attach to any Past-Due Notice copies of all Applications for Payment for Construction Services and copies of all invoices for Consultant Services and Design Services evidencing the unpaid amounts which, when added together, constitute the Past-Due Amount specified in Bechxxx'x Xxxt-Due Notice. Webvan shall have five (5) days after Webvan's receipt of a Past-Due Notice within which either to pay the Past-Due Amount specified by Bechtel or to give Bechtel written notice that Webvan objects to Bechxxx'x xxxculation of such Past-Due Amount. Any such objection to Bechxxx'x xxxculation of such Past-Due Amount may be based only upon Webvan's assertion (1) that Bechxxx'x xxxculation includes an arithmetic error or (2) that Bechtel has included in such calculation amounts that Webvan either paid or objected to within fifteen (15) days after Webvan's receipt of the applicable Applications for Payment and invoices. If Webvan has not paid or so objected to such Past-Due Amount on or before the fifth (5th) day after Webvan's receipt of such Past-Due Notice, then Bechtel shall have the right (by giving Webvan written notice thereof) to suspend performance of any or all Services. If both (a) Webvan has not timely objected to Bechxxx'x xxxculation of