Credit Evaluation Sample Clauses
Credit Evaluation. Credit reports and re-evaluation of credit: You authorize Lender to obtain business and personal credit bureau reports in the name of the Customer or its owners, at any time. You agree to submit to Lender current financial information in the name of the Customer and to submit to Lender, current financial information in its name, and the name of its owners at any time upon request. Such information shall be used for the purpose of evaluating or re-evaluating Customer’s or its owners’ creditworthiness. You also authorize Lender to use such information and to share it with its affiliates in order to determine whether you are qualified for other products and services offered by Lender and its affiliates. Lender may report its credit experience with Customer, its owners’, and Customer’s Loan(s) to third parties. Customer agrees that Lender may release information about Customer, its owners’, the Loan Borrower(s)’ and/or Customer’s Loan to Lender affiliates. Important Notice about Credit Reporting: Lender may report information about your Loan(s) to credit bureaus and/or consumer reporting agencies in your name or the name of your business organization. Late payments, missed payments, or other defaults on your Loan(s) may be reflected in your personal credit report or your business organization’s credit report(s).
Credit Evaluation. Aggregator with a demonstrable current credit rating of Baa2 or higher from Xxxxx’x or BBB or higher from Standard and Poor’s, Fitch, or Duff & Xxxxxx, is deemed to be creditworthy unless SCE determines that a material change in the Aggregator’s creditworthiness has occurred. SCE requires Aggregator to complete a credit application including financial information reasonably necessary to establish credit. The creditworthiness evaluation may be conducted by an outside credit analysis agency, determined by SCE, with final credit approval granted by SCE. This evaluation will be completed within 10 business days. Credit reports will remain strictly confidential between the credit analysis agency and SCE. A credit application processing fee, as approved by the CPUC, may be charged to offset the cost of determining the Aggregator’s creditworthiness.
Credit Evaluation.
A. All credits submitted for advancement and status on the salary schedule must have written, preapproval of a committee made up of the Director of Human Resources, an elementary teacher and principal, and a secondary teacher and principal. Teachers are to be selected by the AEA. Credits for pre-approval must be germane to the teaching assignment and submitted on credit approval forms available in each office in the School District. Completed credits along with an official transcript must be submitted to the committee for advancement on the salary schedule prior to September 1 and/or February 1 in order for an approved lane change to be implemented for the current school year. Lane changes submitted by September 1 and approved will result in a salary/lane change for the entire school year; those submitted by February 1 and approved will result in a one-half (1/2) year salary/lane change. Mid-year lane changes result in lateral step moves on the schedule, even when moving from a frozen lane. Experience while on a frozen step/lane is not added when moving to an unfrozen lane. Credits and educational programs used to establish status and advancement on the salary schedule shall be earned from an accredited education program, as determined by the Superintendent and evaluated semi-annually. The decision of the committee shall not be reversed through the grievance procedure, unless its decision was unreasonable and/or arbitrary. The committee shall select a chairperson from among its committee members. Committee action shall be by majority vote of the full membership of the committee.
B. Credit evaluation and conversion: Reference to credits in this article and on Schedules A and B refer to quarter credits. Xxxxxxxx credits will be multiplied by a factor of 1.5 for calculation purposes and converted to quarter credits (i.e., 3 semester credits x 1.5 = 4.5 quarter credits).
C. Credits earned prior to a degree cannot count for credit beyond this degree.
D. An earned MA or doctorate must be attained before moving to the lane for the MA+ 6TH lane
E. The MA+6TH lane shall be interpreted as an earned doctorate degree or forty-five (45) graduate credits beyond the acquisition of a MA degree.
F. No credit shall be earned for auditing a course.
G. Courses which are a prerequisite to a Master's program which do not count as graduate credits cannot be accepted for graduate credit.
H. The proof of credits earned and their level rests with the teacher. On the request of th...
Credit Evaluation. In connection with the Accountholder’s application for participation in the Purchase Program, Accountholder hereby authorizes TreviPay and its employees, lawyers, agents, assigns, and successors to obtain from, and share with, Merchant any information Accountholder provides to TreviPay, Merchant through any means (including in connection with the Accountholder’s application for an Account), and investigate the Accountholder’s credit history in connection with Accountholder’s application, including, without limitation, through commercial reporting companies, and direct inquiries to businesses where Accountholder has accounts. If TreviPay determines that credit cannot be extended based on existing credit history or current credit events, then TreviPay, in its sole and absolute discretion, may approve an Account creation by requiring a security deposit, guaranty, or other collateral in order to open or to continue the Account. The Accountholder authorizes TreviPay to share with Merchant whether its application for credit has been approved.
Credit Evaluation. 6.1 The Credit Department will utilize various tools available during the credit evaluation process to determine the clients’ credit worthiness. Such tools include, but may not be limited to, Dun & Bradstreet Reports and credit and/or bank references. If the client currently uses a teleservice center, Convergys may choose to contact that center for a reference.
6.2 The Credit Department will perform the credit evaluation within 72 hours of receiving the credit application and will notify the salesperson and Contract Administration of the billing terms, payment terms and the required security deposit. POLICY TITLE 2.0 - CORPORATE ACCOUNTING – CUSTOMER CREDIT AND COLLECTIONS POLICY Version # 1.2
Credit Evaluation a. In connection with the Accountholder’s application for participation in the Purchase Program, Accountholder hereby authorizes TreviPay and its employees, lawyers, agents, assigns, and successors to obtain from, and share with, Merchant any information Accountholder provides to TreviPay, Merchant through any means (including in connection with the Accountholder’s application for an Account), and investigate the Accountholder’s credit history in connection with Accountholder’s application, including obtaining commercial credit reports on the Accountholder. This credit history investigation may include, without limitation, inquiries to commercial reporting companies, and direct inquiries to businesses where Accountholder has accounts. If TreviPay determines that credit cannot be extended based on existing credit history or current credit events, then TreviPay, in its sole and absolute discretion, may approve an Account creation by requiring a security deposit, guaranty, or other collateral in order to open or to continue the Account. The Accountholder authorizes TreviPay to share with Merchant whether its application for credit has been approved.
b. If TreviPay approves the Accountholder’s application for credit, the Accountholder authorizes TreviPay to perform periodic credit history investigations and to periodically obtain additional commercial reports on the Accountholder to determine whether the Accountholder continues to meet the requirements for an Account.
Credit Evaluation. Seller with a demonstrable current credit rating of Baa2 or higher from Mxxxx’x or BBB or higher from Standard and Poor’s, Fitch or Duff & Pxxxxx, is deemed to be creditworthy unless SCE determines that a material change in the Seller’s creditworthiness has occurred. SCE requires Seller to complete a credit application including financial information reasonably necessary to establish credit. The creditworthiness evaluation may be conducted by an outside credit analysis agency, determined by SCE, with final credit approval granted by SCE. This evaluation will be completed within 10 business days. Credit reports will remain strictly confidential between the credit analysis agency and SCE. A credit application processing fee, as approved by the Commission, may be charged to offset the cost of determining the Seller’s creditworthiness.
Credit Evaluation a. In connection with the Accountholder’s application for participation in the Purchase Program, Accountholder hereby authorizes MSTS and its employees, lawyers, agents, assigns, and successors to obtain from, and share with, Merchant any information Accountholder provides to MSTS, Merchant through any means (including in connection with the Accountholder’s application for an Account), and investigate the Accountholder’s credit history in connection with Accountholder’s application, including obtaining commercial credit reports on the Accountholder. This credit history investigation may include, without limitation, inquiries to commercial reporting companies and direct inquiries to businesses where Accountholder has accounts.
b. If MSTS determines that credit cannot be extended based on existing credit history or current credit events, then MSTS, in its sole and absolute discretion, may approve an Account creation by requiring a security deposit, guaranty, or other collateral in order to open or to continue the Account. The Accountholder authorizes MSTS to share with Merchant whether its application for credit has been approved.
c. If MSTS approves the Accountholder’s application for credit, the Accountholder authorizes MSTS to perform periodic credit history investigations and to periodically obtain additional commercial reports on the Accountholder to determine whether the Accountholder continues to meet the requirements for an Account.
Credit Evaluation. 7.1 During the term of this Agreement, Party A will assess Party B's credit and good faith on the basis of such indicators as Party B's breaches in the operation of services, users' complaints, coordination, product dial and testing (on a monthly basis) and apply related requirements under this Agreement and corresponding incentive and restrictive policies based on the assessment.
7.2 Instructions regarding credit points: Table of Credit Points Scoring Methods Assessment factors Specific contents Scoring method Breach of Agreement General breach Deducting 1 point per time Serious breach Deducting 3 points per time Material breach Deducting 5 points per time Warning Deducting 1 point per time Settlement suspension Deducting 3 points per time Suspending business for internal rectification Deducting 5 points per time User's complaint In case of any corresponding penalty due to user complaint, credit points shall be deducted on the basis of breach punishment grade. Deducting 1 to 5 points per time. Cooperation Provision of false qualifications and materials Deducting 2 points per time Untimely update of SP service system information Deducting 2 points per time Refusal for providing cooperation or having bad manners in handling complaints and breaches. Deducting 2 points per time Failure to submit such important feedback documents as self-inspection and rectification reports Deducting 2 points per time Failure to pay related amounts or provide invoice and/or acknowledgment slip as required Deducting 2 points per time Failure to participate in any important meeting Deducting 2 points per time Product dial and testing The results of product dial and testing reach no less than three times in a year on an accumulative basis. Deducting 1 points per time Miscellaneous Other breach, complaints and refusal for cooperation Deducting 1-5 points per time Breach, user complaint and cooperation The absence of the foregoing events which may result in deduction of points in three successive months Adding 5 points Note: If the punishment of party B's breach involves more than one of the foregoing events in the single breach of agreement, its credit points shall be deducted based on the highest point among these events and the points will not be deducted on an accumulative basis. (e.g., material breach + settlement suspension, the credit points will be deducted based on the highest one, namely 5 points per time.)
7.3 Credit rating:
(1) Description of credit rating: Ø Range of c...
Credit Evaluation. QGM may as it deems necessary determine the TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**). acceptability of Shipper’s overall financial condition, working capital and profitability trends.
(a) Shipper shall provide at QGM’s request (1) current audited financial statements, annual reports, 10-K reports or other filings with regulatory agencies, (2) a list of all corporate affiliates, parent companies and subsidiaries, (3) any available reports from credit-reporting agencies, (4) bank reference and at least 2 trade references. The results of reference checks and any credit reports must show that Shipper’s obligations are being paid on a prompt basis.
(b) Shipper must not be operating under any chapter of the bankruptcy laws and must not be subject to liquidation or debt reduction procedures, such as an assignment for the benefit of creditors, or any informal creditors’ committee agreement. An exception may be made for a shipper who is a debtor in possession operating under Chapter XI of the Federal Bankruptcy Act but only with adequate assurances that xxxxxxxx will be paid promptly as cost of administration under the federal court’s jurisdiction.
(c) Shipper must not be subject to the uncertainty of pending liquidation or proceedings in state of federal courts or before any administrative agency that could cause a substantial deterioration in its financial condition, which could cause a condition of insolvency or the inability to exist as an ongoing business entity.
(d) No delinquent monetary balances may be outstanding of services previously provided by QGM. Shipper must have paid its account for past periods according to terms of the Agreement.
(e) No significant collection lawsuits or judgments shall be outstanding that would seriously reflect upon Shipper’s ability to remain solvent.