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. 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.
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 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.
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.
Credit Evaluation. A. All credits submitted for advancement and status on the salary schedule shall be required to have the approval 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 submitted to the committee for advancement on the salary schedule must be submitted 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 for approval must be submitted on credit approval forms, available from the District, along with verification of completed course work. 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. Credit evaluation and conversion: Reference to credits in this Article and on Schedules A and B are quarter credits. Semester 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).
Credit Evaluation. Each Participant will be subject to a complete credit evaluation in order for PJMSettlement to determine creditworthiness and to establish an Unsecured Credit Allowance, if applicable; provided, however, that a Participant need not provide the information specified in section I.A or I.B if it notifies PJMSettlement in writing that it does not seek any Unsecured Credit Allowance. PJMSettlement will identify any necessary Financial Security requirements and establish a Working Credit Limit for each Participant. In addition, PJMSettlement will perform follow-up credit evaluations on at least an annual basis. If a Corporate Guaranty is being utilized to establish credit for a Participant, the guarantor will be evaluated and the Unsecured Credit Allowance or Financial Security requirement will be based on the financial strength of the Guarantor. PJMSettlement will provide a Participant, upon request, with a written explanation for any change in credit levels or collateral requirements. PJMSettlement will provide such explanation within ten Business Days. If a Participant believes that either its level of unsecured credit or its collateral requirement has been incorrectly determined, according to this credit policy, then the Participant may send a request for reconsideration in writing to PJMSettlement. Such a request should include: • A citation to the applicable section(s) of the PJMSettlement credit policy along with an explanation of how the respective provisions of the credit policy were not carried out in the determination as made • A calculation of what the Participant believes should be the correct credit level or collateral requirement, according to terms of the credit policy PJMSettlement will reconsider the determination and will provide a written response as promptly as practical, but no longer than ten Business Days of receipt of the request. If the Participant still feels that the determination is incorrect, then the Participant may contest that determination. Such contest should be in written form, addressed to PJMSettlement, and should contain: • A complete copy of the Participant’s earlier request for reconsideration, including citations and calculations • A copy of PJMSettlement’s written response to its request for reconsideration • An explanation of why it believes that the determination still does not comply with the credit policy PJMSettlement will investigate and will respond to the Participant with a final determination on the matter as p...
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.
Credit Evaluation. Seller 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 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.
