Credit and Collections Sample Clauses

Credit and Collections. 3.1. PRE-PAID SHIPMENTS 8 3.2. CREDIT APPLICATION 9 3.3. UPDATING OF CREDIT INFORMATION 9 3.4. REVOCATION OF CREDIT 9 3.5. PAYMENT TERMS / FINANCE CHARGE 9 3.6. INVOICE PROCESS 9 3.7. OFFSET PROHIBITED 9 3.8. CREDIT HOLD 9 3.9. DISPUTE PROCEDURE FOR INVOICES 9 4.1. TRANSIT TIME CALCULATION AND EXPECTATIONS 10 4.2. XPO’s MONITORING OF SHIPMENTS 10 4.3. NO LIABILITY FOR TRANSIT DELAYS 10 4.4. NO EQUIPMENT AVAILABILITY GUARANTEES 10 4.5. ESTABLISHING A DELIVERY APPOINTMENT 10 4.6. CUSTOMER’S REQUIREMENT TO PROVIDE NOTICE WHEN EQUIPMENT IS EMPTY 11 4.7. PER DIEM NOTIFICATION 11

Credit and Collections. Franchisee agrees to comply with Franchisors credit and collections policy provided below and as it may be modified from time to time: (1) Franchisee shall ensure that Clients submit payments directly and promptly to Franchisor or Franchisors Payroll and Billing Operations. Franchisee agrees Franchisee will not interfere with such payments. Franchisor, in Franchisors sole discretion, may also contact Clients regarding the collection of their Billings. All collection costs directly related to Franchisee operation of the Business incurred by Franchisor, Internally or externally, shall be changed to Franchisee as an Adjustment to the Distribution Account. (2) Franchisee agrees Franchisee will not deposit or cash any Receipts inadvertently received by Franchisee, but will immediately forward such Receipts to Franchisor. However, should Franchisee, Franchisee Manager or Staff Employees inadvertently accept such payment Franchisee shall promptly turn over such payments to Franchisor in the form received. Failure to immediately remit to Franchisor any Client payments that may come into Franchisee possession (including any amounts previously treated as Chargebacks), shall result in (i) the suspension of all further Distribution Account payments to Franchisee until Franchisor receives such payments, and (ii) Interest accrual from the date Franchisee received such payments until they are received by Franchisor. Such action shall be viewed as a conversion of Franchisors funds for which this Agreement and any other agreement with Franchisor and Franchisors affiliates may be immediately terminated. In addition, Franchisee and Franchisee Principal Owners may be subject to appropriate legal remedies which may include criminal prosecution. (3) Franchisee hereby authorizes and grant to Franchisor the power to accept, endorse, and negotiate any Client payments made inadvertently or improperly to Franchisee, Franchisee agents, affiliates, or other persons associated with the Business. (4) Franchisor may, at Franchisee expense, conduct credit checks on all proposed Clients. Franchisor shall reserve the right to conduct credit checks on proposed Clients and charge the Distribution Account accordingly. Each Client must be approved by Franchisor before Franchisee provides services to the Client.

Credit and Collections. RWC has an established procedure for handling delinquent accounts. The following illustration shows the actions that would be taken on an account that remains unpaid if the bill was mailed on May 1:

Credit and Collections. Raytown Water has an established procedure for handling delinquent accounts. The following illustration shows the actions that would be taken on an account that remains unpaid if the bill were mailed on August 7. As shown in the above illustration, accounts that remain unpaid are subject to disconnection approximately 11 days after they become delinquent. Raytown Water hand-delivers a door note in lieu of turn-off for first time customers who have not paid, as well as customers who have known medical needs. In accordance with the Company’s tariffs, customers who receive a door note are charged a $20 fee and are given one additional week to pay. After proper customer notification, Raytown Water disconnects service for non-payment of customer accounts. Upon disconnection, customers must pay their account balance including the $5 late fee, $25 disconnect fee, $25 reconnect fee during business hours (or $40 reconnect fee after business hours), plus a deposit if a deposit is not already on the account prior to getting their service restored, pursuant to the tariff. Company management represented to the EMSU staff that a service that is disconnected for delinquent non-pay is usually reconnected the day the bill is paid in full, including the extra fees, unless it occurs late in the day. The following chart shows the number of disconnects performed since June 2010. 2010 119 $5,074.50 $5,413.08 2011 172 $6,676.74 $7,372.82 2012 through June 30 51 $1,638.83 $1,757.74 It appears from the data provided by Raytown Water that the number of insufficient funds payments and insufficient funds to cover ACH payments peaked during 2011 and are currently on the decline. Raytown Water previously sent uncollectible accounts over $30.00 to TSI, the collection agency, approximately 48 days after the account became delinquent. However, Raytown Water has sent no customer accounts to TSI during 2012. The Company’s July 10, 2012, Aged Trial Balance Spreadsheet showed that 1,252 customers carried a total past-due balance of $14,762.92. Of this amount, the breakdown amounts of past-due accounts are as follows: Current $ 725.31 31-60 days $ 1,507.24 61-90 days $ 1,498.92 91 or more days $11,031.45 Total $14,762.92

Credit and Collections for all new clients, the AMOI Credit Department will perform credit checks in accordance with AMOI’s Credit Policy. This service implementation will coincide with the AMOI Ad Sales Department’s efforts. In addition, the AMOI Collections Department will work with the Playboy Collections Department to ensure a smooth transition of the collection efforts.

Credit and Collections. Renter agrees to allow us to obtain a personal credit report at any time during this Agreement. Renter agrees to allow us or our agents and assigns, including debt collectors, to contact renter via telephone, text message or e-mail, directly or by using a dialer, automatic telephone dialing system, interactive voice recognition system, or artificial or prerecorded voice or message, at any number or e-mail renter have given us or that we have on file (whether home, cell, or mobile service), even if renter is charged for the call or e-mail service. Renter expressly agrees to be contacted via such automated calls.

Credit and Collections. Provider shall be responsible for credits and collections relating to products purchased through Provider’s account.

Credit and Collections. Practitioner shall be responsible for credits and collections relating to products purchased through Practitioner’s WePay account.

Credit and Collections. The Company is currently charging or indicating it will charge customers for fees that are either not provided in their tariffs or are authorized at rates other than what the utility is charging its customers. Specifically, the Company’s bill indicates a service fee of $10.00 will be charged for all returned checks, a $50.00 reconnect fee will be charged for services disconnected for non-payment and a late fee of 5% will be added to all bills not paid by the 25th of the month. The company indicated it has not charged late fees to its customers. While the Company indicated it has had no returned checks for the past three (3) years, it should ensure that all charges it represents to its customers are appropriately approved in its tariffs. The Company has historically had delinquent accounts as well as write-offs. If fees are charged, they should be appropriately addressed in the Company’s tariffs. The Company’s bill indicates it will charge a reconnect fee of $50.00 for service disconnected for non-payment; however, the Company’s tariffs indicate a $36.00 reconnection fee is currently approved for non-metered service and a $20.00 fee is approved for metered service. The Company indicates reconnection fees have not been charged to its customers. The Commission’s Water and Sewer Department will address matters in the Company’s tariff. Charge customers fees, such as late, returned check and reconnection fees that have been approved by the Missouri Public Service Commission and are present in the Company’s tariffs.