Define: Payment Due

How is Payment Due defined in a legal contract?

• Payment Due means the specific dates as provided in your account's details online. Seen in 4 SEC filings
• Payment Due means the amount stated on your account statement as the minimum payment that needs to be made by the due date to maintain the account's good standing. Seen in 4 SEC filings
• Payment Due means any payments owed to an intermediary in the form of commission, excluding any advisory charges. Seen in 3 SEC filings
• Payment Due Date means the date by which the card member is required to make the payment to the bank. Seen in 2 SEC filings
• Payment Due Date means any date on which installments of base rent, additional rent, or other sums are payable under a lease. Seen in 2 SEC filings
• Payment Due means a non-refundable deposit amount that is required at time of booking to secure your date. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of payment due' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Payment Due means the specified date or dates when a payment must be made to maintain good standing.

Relevant Contract Types

• Lease Agreement
• Services Agreement
• Loan Agreement
• Payment Agreement
• Subscription Agreement

Relevant Circumstances

• Setting up a rental or lease agreement
• Establishing payment terms for a service provided
• Setting due dates for loan repayments
• Establishing billing cycles for subscription services

Relevant Sectors

• Real Estate
• Banking and Finance
• Tech Services

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Genie Definition 2

• Payment Due means the owed amount, such as a non-refundable deposit or commission, to be paid by an agreed date.

Relevant Contract Types

• Employment Agreement
• Freelance Contract
• Consultancy Agreement
• Sales Agreement

Relevant Circumstances

• Establishing commission payments in a sales role
• Setting up deposit terms for consulting services
• Laying out payment terms in a freelance contract
• Establishing payment terms and schedule in employment contracts

Relevant Sectors

• Sales and Marketing
• Consulting Services
• Human Resources and Employment
• Freelance and Gig Economy

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