Overdue Account definition

Overdue Account means the situation where a Debt has not been paid on the Due Date and according to the terms as set forth in the Transport Contract.
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Overdue Account means any money overdue and payable by an owner in respect of an account, which has not been paid in full by due date;
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Overdue Account means a Credit Account which has not been paid by the Payment Due Date.
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Examples of Overdue Account in a sentence

  • Buyer in Default: a Buyer for whom You have or should have sent Us a Notification of Overdue Account.

  • You shall pay Us pursuant to the Special Terms a management fee for each Notification of Overdue Account.

  • If the Overdue Account remains unpaid after sixty-one (61) days, Royal Bank will again send the Customer a notice indicating that the Customer Account is an Overdue Account.

  • Definitions Notification of Overdue Account: notification of the Overdue Account pursuant to article 3.1.1 above.

  • After the Notification of Overdue Account, You shall inform Us through our online system or the agreed form within the recovery notification period of any Recoveries received by You.

  • You may at any time through our online system or the agreed form request a modification (such as a reduction, withdrawal, or increase) of the Credit Decision previously set by Us. When applying for an initial or revised Credit Decision, You shall notify Us of any Overdue Account exceeding 60 days from the Due Date.

  • If the Overdue Account remains unpaid after sixty-one (61) days, Royal Bank will again send the Customer a notice indicating that the Cardholder Account is an Overdue Account.

  • Our Credit Decisions shall take effect as follows: - in case of a new Positive Credit Decision other than a Reduction (including the case of a Positive Credit Decision which increases the amount of a previous Positive Credit Decision), such new Positive Credit Decision shall take effect retroactively 60 days before its notice, provided that at the date of your request You have no Overdue Account exceeding 60 days from the Due Date or Adverse information.

  • After the Notification of Overdue Account, You shall inform Us through our online system within the recovery notification period of any Recoveries received by You.

  • If the Overdue Account remains unpaid after ninety-one (91) days, Royal Bank will revoke the Cardholder Account.


More Definitions of Overdue Account

Overdue Account means the account in which the overdue amount of Term Deposit would be kept until it is withdrawn by the depositor.
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Overdue Account. The amount of the Debt remaining unpaid. Personal Data: Means data which relate to a natural person (the “Data subject”) who is or can be identified from the data or from a conjunction of data into our possession (e.g. name, ID card number, etc.).
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Overdue Account shall have the meaning given in Section 2.02(a)(iii).
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Overdue Account shall have the meaning given in Section 2.02(c).
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Overdue Account has the meaning given in paragraph 5.2(o)(i) of Schedule 6;
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Overdue Account means a monetary obligation owed by a feeder member to a feeder association
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Related to Overdue Account

  • 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 On any date, a rate equal to five (5) percentage points above the Prime Rate, but in no event greater than the maximum rate then permitted under applicable law.

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

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

  • 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.

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Collection Accounts As defined in Section 3.10(a).

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Note Account As defined in the Indenture.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Finance Charge Account is defined in Section 4.9(a).

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.