Credit and Collections. In the event you breach any payment obligations, we may also refer you to collection and credit reporting agencies.
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. Provider shall be responsible for credits and collections relating to products purchased through Provider’s account.
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. Practitioner shall be responsible for credits and collections relating to products purchased through Practitioner’s WePay account.
Credit and Collections. The Company indicated that it does follow the appropriate notifications prior to discontinuing service, by providing written notice by certified mail return receipt required by the Company. Several attempts are made to contact the customer by visiting the service address, as well as attempting to contact the customer by telephone. If the customer still does not indicate any attempt to pay or make payment arrangements, the Company may proceed to schedule a discontinuance of service according to the Company approved tariffs. The Company is required to mail the customer a certified letter with a return receipt required indicating that in thirty days the customer’s service will be discontinued. Copies of these letters are also sent to the Commission’s Water and Sewer Unit, as well as the Department of Natural Resources and Health Department. The following timeline illustrates the actions that would typically be taken on a customer account that would remain unpaid. The Company did not perform any service discontinuances for non-payment in years 2010 and 2011. The costs and concerns for the customer associated with discontinuing sewer service have made the Company hesitant to pursue service discontinuances unless it feels like there is no other option. The Company has tried to continue offering arrangements and some flexibility to the customer to avoid service discontinuances. In October 2011, the Company entered into an agreement with the Public Water Supply District of Xxxxxxxx County (Water District) to assist it in collecting on its delinquent sewer bills. Under the provisions of Sections 393.015 and 393.016 RSMo, the Water District is able to disconnect water service for nonpayment of sewer bills. The Company determines the customer accounts that are in arrears and subject to discontinuance. Once the appropriate written notifications have been made, the Company will also attempt a telephone contact with the customer. If the customer still does not indicate an attempt to pay, the service will be subject to discontinuance. A representative of the Company accompanies the Water District’s contractor to the residence at the time the water service is discontinued. The Company began utilizing the Water District in March 2012, to perform discontinuances of water service due to sewer bill delinquencies. Three water discontinuances were performed on accounts that were in arrears and two of these accounts were reconnected after payment was made. The ability to utilize...
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. 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. The Company indicated it collects signed applications or agreements from new customers. The Company’s tariff provides the opportunity to charge a deposit that is calculated on one month’s historical usage at that location plus thirty (30) days. Customers are considered delinquent if payment is not received by the 25th of the month following that in which a bill is rendered. For customers not making payment of their bill, the amount is added to the next monthly billing statement before service is actually subject to disconnection. The Company provides written delinquent notices indicating service will be subject to disconnection if payment is not received within thirty
