Definitions Past Due Amount Define: Past Due Amount Past Due Amount means the unpaid minimum payment of the prior balance due after the specified date Past Due Amount means the unpaid minimum payment of the prior balance due after the specified date. Relevant Circumstances Non-payment or delayed payment of debtsInstalment payment agreementsService contracts where periodic payments are agreed upon Relevant Sectors FinanceLegalRetail Relevant Contract Types Payment Plan Agreement Browse Payment Plan Agreement templates Service Agreement Browse Service Agreement templates Debt Assumption Agreement Browse Debt Assumption Agreement templates Looking for a quick legal answer? Draft, review and negotiate legal documents empowered by the market-leading contracting AI. Try Genie free Book a demo No credit card required - 30-second signup