Credit and Collection. If your account is more than 90 days past due, you will receive a letter stating that you have 20 days to pay your account in full. Partial payments will not be accepted unless otherwise negotiated. Please be aware that if a balance has remained unpaid, it may be sent to a collection agency. If an account is sent to collection and it remains unresolved, it is the policy of this office to discharge the patient from the practice. You will then be notified by certified mail you have 30 days to find alternative medical care. During that 30-day period our physicians will provide emergency care and refill of your medications.
Credit and Collection. Unpaid balances may incur a 1.5% monthly charge, and expenses related to collecting unpaid balances will be added to the amount owed.
Credit and Collection. 19.1. Your continuing creditworthiness is of central importance to us. In order for us to analyze and determine your creditworthiness and financial condition, you agree to furnish us with a completed credit application using our forms, your most recent audited financial statements, your most recent internal financial statements, and such other public documents as we reasonably request at any time during the Term of this Agreement; provided, however, so long as you are a publicly traded company, you shall not be obligated to provide any financial statements or financial information not otherwise available to the general public, nor shall you be requested or required to complete more than one credit application per year. If at any time during the Term you are no longer a publicly traded company, then you will furnish private as well as public documents from time to time, but not more often than once in any calendar quarter. Any of the Units which you do not own or manage (including franchisees or members of your group purchasing organization) shall also provide the documents. Credit determinations will be made by each Distributor.
19.2. Any invoices not paid when due shall bear interest at the rate regularly charged on unpaid accounts by the Distributor issuing the invoice, but not in excess of the rate permitted by law.
19.3. If you fail to make a payment when due, we have the right to stop delivery of Products to you if the failure continues for 7 days after service of a notice from us. If any of the Units for which you are not financially responsible fails to make a payment when due, we have the right to stop delivery of the Products immediately upon the failure, with or without notice.
19.4. As provided in the Uniform Commercial Code, if we have reasonable grounds, in our reasonable discretion, for insecurity as to your (or any Unit’s) payment or performance (including the obligation to re-purchase Proprietary Products) and give notice specifying the grounds in reasonable detail, we may withhold delivery of Products until we receive adequate assurances of payment or performance, in such form as we reasonably request. You (or the Unit) will have at least 7 days after receipt of the notice to provide the adequate assurances before we cease deliveries.
19.5. If we have reason to believe, in our reasonable discretion, that you (or any Unit) are or are about to become insolvent, we have the right to take any action provided by law, and also the rights, with o...
Credit and Collection. If your account is more than 90 days past due, and if a balance has remained unpaid, it may be sent to a collection agency.
Credit and Collection. If your account is more than 90 days past due, you will receive a letter stating that you have 20 days to pay your account in full. Partial payments will not be accepted unless otherwise negotiated. Please be aware that if a balance has remained unpaid, it may be sent to a collection agency.
Credit and Collection. 18.1 The continuing creditworthiness of you and the Franchisees is of central importance to us. In order for us to analyze and determine creditworthiness and financial condition, you agree to furnish us with a completed account application using our forms ("Account Application"), the most recent audited annual financial statements, quarterly statements, the most recent internal financial statements and such other documents as we reasonably request, both before deliveries begin, and also at any time thereafter. Each Franchisee, and any guarantor of any Franchisee, shall also provide the documents. Credit determinations will be made by each Distributor.
18.2 If this Agreement was signed prior to receiving completed Account Applications from you or a Franchisee, then: (1) the payment terms in the Schedule may be amended by DMA immediately upon notice to you or the Franchisee; and (2) this Agreement is not binding upon DMA or the Distributors, with respect to you or the Franchisee, if DMA notifies you or the Franchisee that any Account Application has been rejected by one or more Distributors. Either of such notices must be served within 15 days after each Distributor receives completed Account Applications from you or the Franchisee.
18.3 Any invoices not paid when due shall bear interest at the rate regularly charged on unpaid accounts by the Distributor issuing the invoice, but not in excess of the rate permitted by law.
18.4 If you fail to make a payment when due, we have the right to stop delivery of Products to you if the failure continues for 7 days after service of a notice from us. If any Franchisee fails to make a payment when due, we have the right to stop delivery of the Products immediately upon the failure, with or without notice.
18.5 As provided in the Uniform Commercial Code, if we have reasonable grounds, in our sole discretion, for insecurity as to your (or any Franchisee's) payment or performance (including the obligation to re-purchase Proprietary Products) and give notice specifying the grounds in reasonable detail, we may withhold delivery of Products until we receive adequate assurances of payment or performance, in such form as we reasonably request. You (or the Franchisee) will have at least 7 days after receipt of the notice to provide the adequate assurances before we cease deliveries.
18.6 If we have reason to believe, in our sole discretion, that you (or any Franchisee) are or are about to become insolvent, we have the right to ta...
Credit and Collection. Xxxxxx is responsible for collecting on outstanding invoices. Xxxxxx shall use commercially reasonable efforts to advise Allegiance of any significant customer credit problems.
Credit and Collection. The Zhenfa Group will furnish to the Company, from time to time, any information which it may have from time to time relative to the credit standing of a prospective customer of the Products; will use its commercially reasonable efforts to assist the Company, upon its request, with any collections for Products sold in the Territory; and shall remit to the Company any amounts paid by its customer to the Zhenfa Group, inadvertently or otherwise.
Credit and Collection. FRANCHISEE agrees to SNELXXXX'X xxxdit and collection policy provided below and to subsequent modifications of the procedures provided in the MATERIALS.
