Due Date definition

Due Date. The day of the month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace.
Due Date. With respect to any Distribution Date and any Mortgage Loan, the day during the related Due Period on which the Monthly Payment is due.
Due Date. With respect to any Distribution Date, the first day of the month in which the related Distribution Date occurs.

Examples of Due Date in a sentence

  • If the Payment Date is after the Due Date, such interest shall be payable (x) as provided in the preceding sentence during the period from and including the Draw Date to and not including the Due Date, and (y) at the Prime Rate as in effect from time to time plus 2% from and including the Due Date to and not including the Payment Date; (ii) the fees payable by the Account Party at such times and in such amounts as are set forth in Section 2(i).

  • If the Payment Date is on or prior to the Due Date, such interest shall be payable at the Prime Rate as in effect from time to time during the period from the Draw Date to the Payment Date.

  • The Service Recipient may object to any amounts for any Service invoiced to it at any time before, at the time of, or after payment is made, provided such objection is made in writing (“Objection Notice”) to the Service Provider prior to the Payment Due Date.

  • The failure by the Account Party to reimburse or pay any drawing under any Letter of Credit or accrued interest thereon on the Due Date therefor.

  • Payments made after the Payment Due Date will bear interest at the rates set forth in Annex A or Annex B for the applicable Services.


More Definitions of Due Date

Due Date. As to any Mortgage Loan, the date in each month on which the related Scheduled Payment is due, as set forth in the related Mortgage Note.
Due Date. With respect to each Distribution Date, the first day of the calendar month in which such Distribution Date occurs, which is the day of the month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace.
Due Date. As to any Distribution Date and each Mortgage Loan, the first day in the calendar month of such Distribution Date.
Due Date. With respect to any Mortgage Loan, the day of the month in which the Monthly Payment on such Mortgage Loan is scheduled to be paid.
Due Date. With respect to each Mortgage Loan, the date in each month on which its Scheduled Payment is due if such due date is the first day of a month and otherwise is deemed to be the first day of the following month or such other date specified in the related Servicing Agreement.
Due Date. The day of the calendar month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace. With respect to the Mortgage Loans for which payment from the Mortgagor is due on a day other than the first day of the calendar month, such Mortgage Loans will be treated as if the Monthly Payment is due on the first day of the immediately succeeding month.
Due Date means (i) with respect to a Tax Return, the date (taking into account all valid extensions) on which such Tax Return is required to be filed under applicable Law and (ii) with respect to a payment of Taxes, the date on which such payment is required to be made to avoid the incurrence of interest, penalties and/or additions to Tax.