Maximum Extension Period definition

Maximum Extension Period means number of consecutive calendar days, specified in the Policy Schedule, from the original Due Date.
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Maximum Extension Period means the maximum period specified in the Special Terms by which you can extend the Due Date and work with your Buyer to collect payment of an insured receivable. The Maximum Extension Period starts on the day after the Due Date.
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Maximum Extension Period means the period specified in paragraph 20.7;
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Examples of Maximum Extension Period in a sentence

  • The Insured shall notify the Insurer in writing of all debts overdue by more than the Maximum Extension Period as at the end of each month, by providing a report thereof within fourteen (14) working days of the end of each month.

  • If any debt is unpaid after the Maximum Extension Period has expired you must not make any further deliveries to the Insured Customer unless the unpaid amount is the subject of a genuine and documented dispute.

  • The Insured shall notify the Insurer in writing of all debts overdue by more than the Maximum Extension Period as at the end of each month, by providing a report thereof within ten (10) working days of the end of each month.

  • Extensions of Due Date In the event of an Insured Customer failing to pay you on the due date, you may extend the original due date by no more than the Maximum Extension Period specified on the Schedule.

  • Maximum Extension Period Click here to enter the maximum number of days that the Call-Off Contract period can be extended by (not to exceed 25% of the initial Call-Off Contract period).

  • If you fail to comply with these credit control procedures any claim you make may be invalid Extensions of Due Date In the event of an Insured Customer failing to pay you on the due date, you may extend the original due date by no more than the Maximum Extension Period specified on the Schedule.

  • Following resolution of the dispute any amounts determined or agreed owing to the Insured, must be paid by the Insured Buyer within thirty (30) days of the date of such resolution or the expiry of the Maximum Extension Period whichever is the later.


More Definitions of Maximum Extension Period

Maximum Extension Period means the period specified as such in the Agreement. "Maximum Payment Terms" means the terms of payment specified as such in the Agreement. "Minimum Headroom" means the amount by which Availability exceeds Funds in Use. "Minimum Notice Period" means the period specified as such in the Agreement.
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Maximum Extension Period means the maximum period specified in your Primary Policy by which you can extend the due date for payment of any receivable.
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Maximum Extension Period means the number of consecutive calendar days from the original "due date" as specified in the Declarations.
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Maximum Extension Period means the maximum number of days, as specified in Item N. of the Declarations, that the Insured is allowed to extend the original Due Date for a Buyer, which extension may be utilized once per Policy Period per Buyer.
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Maximum Extension Period means the maximum additional period of credit that the Insured may grant to the Buyer (at or prior to the original due date of payment) beyond the original due date without the Insurer’s prior approval, as specified in the Declarations
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Maximum Extension Period means the period, if any, specified as such in the Customer Limit Advice [or a period of 60 days (whichever is shorter)];
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Related to Maximum Extension Period

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Grace Period Extension Date means, if:

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Minimum Extension Condition has the meaning assigned to such term in Section 2.23(b).

  • Extension Period has the meaning set forth in Section 2.11.

  • Extension Term means the time period defined in §2.C.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Aggregate extension base means the taxing district's

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Wind-Down Period is defined in Section 12.5 of this Agreement.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Initial Term has the meaning set forth in Section 7.1.

  • Base Term Beginning (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on August 31, 2024.”

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Waiver Period ’ means, for each applicable fee, the period of time from the initial effective date of the MIAX Emerald Fee Schedule until such time that the Exchange has an effective fee filing establishing the applicable fee. The Exchange will issue a Regulatory Circular announcing the establishment of an applicable fee that was subject to a Waiver Period at least fifteen (15) days prior

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Non-Extension Notice has the meaning specified in Section 2.10.