Sum Due definition

Sum Due means the sum due by the richer party to the ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
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Sum Due means an amount which has become payable by the terms of the Contract in respect of the supply of any of the Goods or Services (exclusive of any Interest) or which would have become payable but for the effect of any moratorium or prohibition on payment;
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Sum Due has the meaning specified in Section 2.02(a)(iii).
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Examples of Sum Due in a sentence

  • We may require You to provide security over Your property (including the Goods or any other property of Yours) as collateral to be held as security for any Sum Due or as a condition precedent to the continuation of supply of Goods or Services by Us to You.

  • In the event that a repayment arrangement is made in relation to any Sum Due and the supply of Goods or Services is resumed, but then a repayment due under that arrangement is not made on time, We may, in Our absolute discretion and without prior notice, again suspend or discontinue the supply of Goods or Services to You.

  • You hereby irrevocably appoint Us as Your attorney to do anything We consider fit for the recovery of the Sum Due or the creation, perfection or enforcement of any collateral held or to be held as security for any Sum Due.

  • If payment of any Sum Due is not made on time, We will charge interest daily on the Sum Due at the maximum rate allowed by law, calculated and charged daily on and from the due date until the Sum Due is paid in full.

  • Recovery of Sum Due: Whenever any claim against the supplier for payment of any sum of money arises out of or under the order HCL/KCC Khetri Nagar shall be entitled to recover such sums from any sum when due or which at any time thereafter may become due from the vendor under this or any other order with HCL and should this sum be not sufficient to cover the recoverable amount, the supplier shall pay to HCL/KCC Khetri Nagar on demand the balance remaining due immediately.26.

  • Recovery of Sum Due: Whenever any claim against the supplier for payment of any sum of money arises out of or under the order HCL/KCC Khetri Nagar shall be entitled to recover such sums from any sum when due or which at any time thereafter may become due from the vendor under this or any other order with HCL and should this sum be not sufficient to cover the recoverable amount, the supplier shall pay to HCL/KCC Khetri Nagar on demand the balance remaining due immediately.

  • It is included in influential attempts to codify the law of contracts internationally, including the Unidroit Principles of International Commercial Contracts (2010) (article 7.4.13), and the UNCITRAL Uniform Rules on Contract Clauses for an Agreed Sum Due upon Failure of Performance (article 6).

  • Please adhere to the payment schedule outlined in your contract: Sum Due Payment Date 20% on confirmation of the booking 50% of remaining balance 3 months in advance Full remaining balance 10 days in advance of your arrival date with us.

  • If payment of any Sum Due is not made on time, We may charge interest daily on the Sum Due at the maximum rate allowed by law, calculated and charged daily on and from the due date until the Sum Due is paid in full.

  • Set Off (Recovery of Sum Due): 26.1Any sum of money due and payable to the Service Provider (including security deposit refundable to him) under this contract may be appropriated by the BSNL and set off the same against any claim of the BSNL for payment of a sum of money arising out of thiscontract or under any other contract made by the Service Provider with the BSNL.

Related to Sum Due

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Bill Due Date means thirty (30) calendar days from the bill date.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • 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.

  • AMOUNT DUE means, the amount which is the total of the purchase price of the lot and the tax payable on it, which a successful tenderer shall have to pay. The purchase price along with tax payable on the storage / purchased quantity in addition to the notified quantity will also be included in it.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Total Amount Due means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Past Due Rate means the lesser of (a) with respect to (i) any payment made to a Noteholder under any Series of Equipment Notes, the Debt Rate then applicable to such Series plus 1% and (ii) any other payment made under any Operative Document to any other Person, the Debt Rate plus 1% (computed on the basis of a year of 360 days comprised of twelve 30-day months) and (b) the maximum rate permitted by applicable law.

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

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

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Monthly Payment Rate means, for any Monthly Period, a fraction (expressed as a percentage), (a) the numerator of which is the Principal Collections during such Monthly Period, and (b) the denominator of which is the Combined Outstanding Principal Balances as of the beginning of such Monthly Period.

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Balance Due Date means the date shown below in Section 2.4(6) as the date when the Mortgage matures. On this date the Mortgage must be repaid or renewed.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Maximum Mortgage Rate With respect to each Adjustable Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Mortgage Rate thereunder.