Credit Files. Ongoing Monitoring should be documented in the Credit Files. Files should be retained in accordance with the NFIC Records Retention Policy.
Credit Files. The files delivered by the Seller to the Servicer for the purpose of servicing the Mortgage Loans.
Credit Files. The credit files are to contain only pertinent information relating to the customers’ creditworthiness.
Credit Files. A file is kept for each customer account. An example of information in this file is: . Original credit application . Notes from phone conversations and meeting with customers . Copies of written correspondence . Information from creditor discussion groups . Personal guarantee (optional) . These files are kept in a central location in the Customer Financial Services Department . Additionally, notes are kept concerning Credit Analyst discussions with the customer on CARMS. Examples of this information are: . Customer commitments to send checks . Date customers are put on hold . Miscellaneous comments noted by the Credit Analyst that may be of value in future credit decisions PAYMENT TERMS . Standard terms for OEM customers are either net 10/th/ and net 25/th/ prox or net 30 days on the date in the month in which the product is shipped. For net 10/th/ and net 25/th/ prox, if the product is shipped in the first 15 days of the month, payment is due by the 10/th/ day of the following month. If shipped later in the month, payment is due by the 25/th/ day of the following month. Customers are sent an invoice or an ASN for each shipment. . Standard terms for the FM Aftermarket and Retail are based on a shipping month of the 26/th/ to the 25/th/ and qualify for a 2% prompt payment discount if the invoice is paid by the 10/th/ of the following month, otherwise, full payment for the Aftermarket is due by the 25/th/ of the following month and for Retail, full payment is due the 25/th/ of the 2/nd/ month following. Gasket terms in general are 2% 10/th/ net 25/th/ prox. In addition, there are negotiated terms for Retailers and selected buying groups which can range from 2% 2/nd/ 10/th/ to net 90 days. . DETERMINANTS OF PRICE . Prices for the Aftermarket are published on product line price sheets. . Prices for Retail and OEM accounts are negotiated and specified on a pricing agreement for a given period of time and are supported by a purchase order or vendor agreement. . CASH IN ADVANCE/CASH ON ACCOUNT . Used at the Credit Analyst's discretion in the following situations: . Account consistently pays past due and is judged to be a credit risk Bankruptcy . New account with credit references judged unsatisfactory . NOTES RECEIVABLE . Used at the Credit Analyst's discretion and reviewed monthly for payment. As of October, 1998 month end, there were 6 open Notes Receivable for a total of $131,757.08.
Credit Files. All Notes Receivable, the related mortgages, the related federal truth-in-lending disclosure statements, the Purchase Agreement, all RESPA and related notices.
Credit Files. Except as is required pursuant to the Servicing Agreement (including, without limitation, as may be reasonably necessary to enable Payor to meet its servicing obligations thereunder), Applicable Law or any governmental or regulatory authority having jurisdiction over the Payor, the parties hereby agree that at no time shall Payor provide to the Payee, its Affiliates, its funds and accounts under management and its and their respective directors, managers, officers, employees, financing sources, agents, representatives and advisors access to, or inspection rights with respect to, the Credit Files. [Signatures begin on the next page]
Credit Files. Except as is required pursuant to the Servicing Agreement (including, without limitation, as may be reasonably necessary to enable Seller to meet its servicing obligations thereunder), Applicable Law or any governmental or regulatory authority having jurisdiction over the Seller, the parties hereby agree that at no time shall Seller provide to the Purchaser, its Affiliates, its funds and accounts under management and its and their respective directors, managers, officers, employees, financing sources, agents, representatives and advisors access to, or inspection rights with respect to, the Credit Files.
Credit Files. The Credit Department will maintain a credit file for each active Toro TRCD Distributor which will contain the following information:
Credit Files. No later than 3:00 p.m. (Central Time) on the day before the Effective Entry Date (date of payment) and no earlier than two days prior to the Effective Entry Date. Company understands that submission of Files only one day in advance does not ensure that payments to recipients will be received by the opening of business on the Effective Entry Date, only that payments to recipients will be received by the Effective Entry Date.
Credit Files. 1. The Service CWB will cause your instructions to transmit funds to be effected through an electronic clearing system. The information required to complete each transmission shall be in the format specified by CWB.
