Dunning letters for more than 1 invoice overdue

Hi,

We are using Oracle AR R12.2.7.

We set our dunning plan type as "Days Overdue". According to the note 1542067.1,

"Days Overdue Method - based on the aging buckets you are using to collect your payments.

           The oldest delinquency will dictate the aging bucket, in turn the template assigned to that Aging Bucket will be used for the letter, regardless if you have newer delinquencies."

Does it mean, e.g. if a customer has two invoices and both of them are overdue, while 1 of them is overdue between 61 to 90 while the other is overdue more than 120 (we have different templates for 61 to 90 and more than 120), only one dunning letter which is the more than 120 day will be generated?