Delinquency Reports Sample Clauses

The Delinquency Reports clause requires one party, typically a service provider or lender, to regularly report instances where payments or obligations are overdue. In practice, this means the responsible party must track and document any accounts or individuals who have failed to meet their payment deadlines, often providing these reports to another party such as a client, investor, or regulatory body. The core function of this clause is to ensure transparency and timely communication regarding overdue accounts, enabling the recipient to take appropriate action to manage risk or enforce contractual remedies.
Delinquency Reports. 1. Delinquency reports will be prepared on a monthly basis by the fifteenth of each month. Reports will indicate current loans, loans over 10 days past due, over 30 days past due, over 60 days past due, over 90 days past due and over 120 days past due. 2. Delinquency reports will be distributed bi-weekly to the Deputy Director and the Director of Finance for recommendations on prevention strategies related to challenging delinquency clients. All delinquency matters are reported to the Credit & Loan Committee on a monthly basis and appropriate legal action may be recommended at that time.
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Delinquency Reports. Prompt notice if any of the Purchased Loans become In Default.
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Delinquency Reports. On a monthly basis, delinquency reports on ------------------- the Mortgage Loans warehoused with Lender, including the following categories:
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Delinquency Reports. Within ten (1O) days after the end of each calendar month, furnish to Lender a servicing portfolio delinquency report of Borrower with respect to the Loans constituting part of the Collateral and for which Borrower retains the servicing rights, as of the end of the previous calendar month.
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Delinquency Reports. Copies of the current tenant aged delinquency report for each Real Property.
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Related to Delinquency Reports

  • Monthly Reports No later than 10:00 a.m., Chicago, Illinois time, two Business Days prior to each Distribution Date, the Servicer shall deliver to the Trustees and each Rating Agency a Monthly Report.

  • Payment; Reports Within twenty (20) days after the close of each calendar quarter, Partner will deliver to SAP a report (“Payment Report”) which will provide all information reasonably required by SAP identifying each Customer by an unique customer number for computation, customer name (no abbreviations), customer address (street, city, postal code, country), group (if any), and/or confirmation of the fees, if any, due or credited to Licensor for the period being reported, including without limitation: (i) license information (material code/software description, license quantity, license metric, license term for non-perpetual licenses, and associated license or subscription fee due SAP), and (ii) SAP support fees, associated support rate and indicating whether it is first year support or a renewal, and associated license fee. The payment report shall be submitted to SAP even if no license and support fee is due. Partner will submit the payment report electronically via a reporting tool made available by SAP to Partner. SAP will inform in writing Partner in case of change to the reporting format and Partner shall submit its payment reports under such new reporting format for all future quarterly reporting periods. Partner agrees that the Payment Report is binding on Partner once it is submitted to SAP and Partner may not withdraw, modify or cancel any orders set forth in the Payment Report. 8. AUDIT. (a) SAP shall have the right to once annually conduct an audit to verify the compliance of (i) Partner, and/or (ii) any of its Affiliates involved in the performance of obligations under any part of the Agreement, with the terms of the Agreement, in particular Partner´s compliance obligations as set forth in Section 12 below. Notwithstanding foregoing, in the event SAP reasonably believes that a breach of the terms of this Agreement, in particular the compliance obligations set forth in Section 12 below, has occurred or will most likely occur, SAP shall have the right to perform an audit. (b) The audit will be conducted by SAP or its nominated independent expert. By choosing the expert, SAP will take into account Partner’s legitimate business interests. SAP will bear the costs of the audit unless the expert establishes a breach by the Partner in which case Partner must bear the costs. (c) SAP will provide one (1) week advance notice of an audit unless a) SAP reasonably believes that evidence to be reviewed will be compromised or b) required by investigating authorities. (d) The audit will take place during normal business hours and SAP will instruct its expert to conduct the audit in such a manner that it will not unreasonably interfere with Partner’s business operations. (e) Partner must make full disclosure to the expert, and ensure that (i) Partner and its Affiliates involved in the performance of obligations under any part of this Agreement and any of (ii) Partner’s Representatives cooperate fully and provide information, grant viewing access to all necessary and useful documents and permit the making of copies of them. Financial records that relate to the subject matter of the audit must be readily available for inspection during audits by SAP or its expert. Partner also agrees to make its employees, officers, and directors involved in the performance of obligations under this Agreement available for meetings and interviews with SAP and/or its expert for the audit. Partner agrees to provide appropriate workspace for the expert. (f) The expert will be bound in writing to confidentiality for the benefit of SAP and the Partner. The expert will undertake not to disclose information to SAP, except for the purpose of providing a report of the audit and, in case of a breach of any part of this Agreement, any information establishing such a breach. (g) Partner’s Confidential Information disclosed during the audit will not be used by SAP for any purpose other than to verify and prove if a breach of any part of this Agreement has occurred. (h) Partner must include audit terms with its agreements with any third party used by Partner in connection with its sales and marketing activities under this Agreement (hereinafter “Intermediary/ies”) which are materially as protective as the terms in this Section 8. (i) SAP reserves the right to suspend new business with the Partner in the event of a lack of reasonable and/or timely cooperation by Partner and its representatives in case of an audit. Furthermore, SAP may terminate the Agreement in accordance with Section 10.1 (Termination) below in case Partner does not cooperate with SAP during an audit as outlined in this Section 8.

  • Monthly Progress Reports During the Construction Period, the Contractor shall, no later than 10 (ten) days after the close of each month, furnish to the Authority and the Authority’s Engineer a monthly report on progress of the Works and shall promptly give such other relevant information as may be required by the Authority’s Engineer. The Contractor agrees that reporting under this Clause 11.7 shall continue until the date of the completion of the Works. Each report shall include: (a) an executive summary; (b) charts showing the status of Contractor's documents, construction and manufacturing and environmental works; (c) details of work subcontracted and the performance of Sub-contractors; (d) for the construction of each main part of the Works, the extent of progress (both quantity and percentage of the whole), the actual or expected dates of commencement, anticipated completion date of the activity, Contractor's inspections and tests; (e) records of manpower and Contractor's equipment on the Site; (f) copies for that month of quality assurance documents, test results and certificates; (g) safety statistics, accident data collection including details of any hazardous incidents and activities relating to environmental aspects and public relations; (h) comparisons of actual and planned progress, with details of any aspects which may jeopardise the completion in accordance with the Agreement, and the measures being (or to be) adopted to overcome such aspects; (i) details of any unresolved disputes or claims, in relation to the Project; (j) details of any revision to the cash flow estimate, together with a copy of the revised cash flow estimate; (k) status of various Applicable Permits and compliance of conditions therein; (l) details of various royalty payment and insurances required to be taken by the Contractor; and (m) such other reports as may be required by the Authority for enabling the Authority to comply with its obligations under the other Project contracts. (n) details of defects by the Authority; (o) change in emission of any sewage or effluent of any nature whatsoever, whether qualitatively or quantitatively; (p) any Material Adverse Effect; (q) declaration towards compliance with Applicable Laws including but not limited to environmental and labour legislations; (r) declaration specifying compliance with all Manuals provided to the Contractor; and (s) any change in the flow of traffic in the existing Project Highway.

  • Records Reports To maintain records and to prepare and file reports required by law to be filed by the Trustee or required by agreement with the Company or by this Trust Agreement;

  • Search Reports The Administrative Agent shall have received the results of UCC and other search reports from one or more commercial search firms acceptable to the Administrative Agent, listing all of the effective financing statements filed against any Credit Party, together with copies of such financing statements.