Past Due Amounts definition
Past Due Amounts means, with respect to any Manufacturer, the amount that such Manufacturer shall have failed to pay when due under such Manufacturer’s Manufacturer Program with respect to an Eligible Vehicle turned in to such Manufacturer with respect to which such failure shall have continued for more than one hundred and twenty (120) days following the Due Date.
Past Due Amounts means, with respect to any Series 2010-3 Manufacturer, the amount that such Series 2010-3 Manufacturer shall have failed to pay when due under such Series 2010-3 Manufacturer’s Series 2010-3 Manufacturer Program with respect to a Series 2010-3 Eligible Vehicle turned in to such Series 2010-3 Manufacturer with respect to which such failure shall have continued for more than one hundred twenty (120) days following the Due Date.
Past Due Amounts means, with respect to any Series 2013-G1 Manufacturer, the amount that such Series 2013-G1 Manufacturer shall have failed to pay when due under such Series 2013-G1 Manufacturer’s Series 2013-G1 Manufacturer Program with respect to a Series 2013-G1 Eligible Vehicle turned in to such Series 2013-G1 Manufacturer with respect to which such failure shall have continued for more than one hundred twenty (120) days following the Due Date.
Examples of Past Due Amounts in a sentence
The monthly Minimum Payment Due is 1% of the New Balance (less interest charges and Late Fees and rounded to the nearest $5.00) + Interest Charges + Late Fees + any Past Due Amounts or $25, whichever is the greater (or your entire New Balance if less than $25).
You must make arrangements to pay all Past Due Amounts using another permitted payment method to satisfy your Required Payment.
The Required Payment is calculated as follows: • For Customers with a Bi-weekly or Semi-monthly Billing Cycle: o Any Past Due Amount plus o Carried Balance Fees (that are not past due) plus o The greater of: ▪ $50 OR ▪ 5% of: ▪ The Balance, if you took a Cash Advance during the Billing Cycle, OR if you did not take a Cash Advance during the Billing Cycle, the Balance as of the end of the last Billing Cycle in which you did take a Cash Advance ▪ minus Past Due Amounts and Carried Balance Fees.
Level Billing Plan for Customers who owe Company Past Due Amounts.
The monthly Minimum Payment Due is 1% of the New Balance (less interest charges and Late Fees and rounded to the nearest $5.00) + Interest Charges + Late Fees + any Past Due Amounts or $40, whichever is the greater (or your entire New Balance if less than $40).
More Definitions of Past Due Amounts
Past Due Amounts means, with respect to any Manufacturer, the amount that such Manufacturer (or if such Manufacturer’s Manufacturer Program is a Guaranteed Depreciation Program, such Manufacturer or any related auction dealers) shall have failed to pay when due under such Manufacturer’s Manufacturer Program with respect to a Vehicle turned in to such Manufacturer with respect to which such failure shall have continued for more than one hundred (100) days following the Due Date.
Past Due Amounts means, with respect to any HVIF Manufacturer, the amount that such HVIF Manufacturer shall have failed to pay when due under such HVIF Manufacturer’s HVIF Manufacturer Program with respect to a HVIF Eligible Vehicle turned in to such HVIF Manufacturer with respect to which such failure shall have continued for more than one hundred twenty (120) days following the Due Date.
Past Due Amounts shall have the meaning set forth in Section 13.01(c).
Past Due Amounts has the meaning specified in the Lease.
Past Due Amounts. All past due amounts due pursuant to the provisions of this Lease shall bear interest at the rate of twelve percent (12%) per annum.
Past Due Amounts. Resident agrees that this statement of past due charges is accurate. Repayment Plan: Landlord will not sue Resident for the amounts described in Paragraph 1 so long as the Resident complies with the Repayment Plan as set forth below, in this Paragraph. Resident agrees to pay the following amounts no later than the date specified (check only one box): $____________is due on the _____ day of every month, beginning on __________________ until ______________________. The repayment plan shall allow monthly payment less or greater than 1/12 of the total amount owed, so long as no monthly payment represents no more than 15% of the total amount due. Payment Method for Repayment Plan. Payment must only be made to Landlord at the following address: ____________________________________ _____________________________ _____________________________ Telephone No. Payments made in person may be delivered to the Landlord between the hours of __________ and ____________ on the following days ________________of the week. Acceptable methods of payment include: personal check, cashier’s check, money order, EFT/Credit (see Landlord for details) and cash.
Past Due Amounts means, with respect to any Manufacturer, the amount that such Manufacturer shall have failed to pay when due under such Manufacturer’s Manufacturer Program with respect to an Eligible Vehicle turned in to such Manufacturer with respect to which such failure shall have continued for more than one hundred and twenty (120) days following the Due Date. “Past Due Rent Payment” means, with respect to any Lease Payment Deficit and any Lessee, any payment of Rent or other amounts payable by such Lessee under any Lease with respect to which such Lease Payment Deficit applied, which payment occurred on or prior to the fifth Business Day after the occurrence of such Lease Payment Deficit and which payment is in satisfaction (in whole or in part) of such Lease Payment Deficit. “Past Due Rental Payments Priorities” means the priorities of payments set forth in Clause 5.6 (Past Due Rental Payments) of the Issuer Facility Agreement. “Payment Date” means, the 25th day of each calendar month, or if such day is not a Business Day, the next succeeding Business Day, with the first Payment Date being November 26, 2018. “Payment Date Available Interest Amount” means, with respect to each Interest Period, the sum of the Daily Interest Allocations for each Deposit Date in such Interest Period. “Payment Date Interest Amount” means, with respect to each Payment Date, the sum (without duplication) of the amounts payable pursuant to Clauses 5.3(a) through (e) (Application of Funds in the Interest Collection Account) of the Issuer Facility Agreement. “Permitted Holders” means any of the following: (i) any “person” (as such term is used in Clauses 13(d) and 14(d) of the Exchange Act) whose status as a “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) constitutes or results in a Change of Control that has been consented to by Noteholders holding more than 66⅔% of the Principal Amount, and any Affiliate thereof, (ii) the Management Investors, (iii) any “group” (as such term is used in Clauses 13(d) and 14(d) of the Exchange Act) of which any of the Persons specified in clause (i) or (ii) above is a member (provided that (without giving effect to the existence of such “group” or any other “group”) one or more of such Persons collectively have beneficial ownership, directly or indirectly, of more than 50% of the total voting power of the Voting Stock of Hertz or any Parent held by such “group”), and any other Person that is a member of such “group” and (iv) an...