Credit Procedures Sample Clauses

Credit Procedures. Customer authorizes PacketFabric to conduct an initial credit checks on Customer. If Customer is repeatedly late in paying invoices, or if a single invoice is more than 60 days past due, PacketFabric may require prepayment as a condition to continuing to provide the Services to Customer, in an amount not to exceed three months estimated charges. Additionally, PacketFabric may set a credit limit on Customer's account; if Customer exceeds its credit limit, PacketFabric may restrict Customer’s ability to order new Services and/ or require prepayment from Customer. PacketFabric may also communicate with credit reporting agencies about Customer’s delayed payments.
AutoNDA by SimpleDocs
Credit Procedures. A. [***]. * CONFIDENTIAL TREATMENT REQUESTED: INFORMATION FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED IS OMITTED AND IS NOTED WITH “[***].” AN UNREDACTED VERSION OF THIS DOCUMENT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Stripes LLC
Credit Procedures. AxleTech will in its sole discretion either (a) replace during the term of this Warranty any defective component covered by this Warranty; or (b) submit credit memos for approved Warranty claims to Buyer that can be used by Buyer against future purchase from AxleTech.
Credit Procedures. 1. All new business customers must be reviewed and approved before the client can be added.
Credit Procedures. In order to receive any Solution Credits, Customer must notify Alert Logic of such claimed credits within the SLA Notice Period, along with a description of the basis for its claim. If Customer fails to provide notice within the SLA Notice Period, no Solution Credits will be owed to Customer for such month. In no event will the total Solution Credits in any given calendar month during the Subscription Term exceed the Monthly Maximum At-Risk Amount. The credits set forth in this SLA are Alert Logic’s sole and exclusive obligations, and Customer’s sole and exclusive remedy, for the failure of the Solution as described in this SLA. For Solutions purchased as part of a suite or bundle, any Solution Credits will be based on the pro-rata portion of the cost of the applicable Solution which did not meet the service level requirement, as determined by Alert Logic in its reasonable discretion. If fees are paid annually or quarterly, then the Solution Credits will be pro-rated to the monthly value. Any Solution Credits will be applied to Customer’s next invoice from Alert Logic. If Customer is late in making any undisputed payments owing pursuant to the Solution Agreement at the time of the occurrence which would otherwise entitle Customer to a Solution Credits, no such Solution Credits will be owed and Alert Logic will have no liability to Customer under this SLA. Solution Credits do not apply where Customer is in breach of one or more terms of the Solution Agreement, including failure to provide accurate and up-to-date Customer Contacts. If Customer is an Authorized Party, then such Authorized Party, and not its End Users, must provide notice to Alert Logic pursuant to this Section 6 in order to be entitled to Solution Credits under this SLA.
Credit Procedures. Merchant agrees that Flexiti may pursue, in connection with Credit Card Accounts, any collection procedures deemed appropriate by Flexiti, including modifying the Cardholder’s credit or payment terms or charging-off Credit Card Accounts which Flexiti deems to be uncollectible, and that Merchant’s liability and obligations under this Agreement or any other agreement between the parties shall not be affected by any settlement, extension, forbearance or other action or inaction of Flexiti in connection with any Credit Card Account or Sales Slip, or the discharge or release of the obligations of any Cardholder by operation of law or otherwise.
Credit Procedures. Teachers under contract shall receive a full year seniority credit for each year under contract. Seniority credit does not necessarily equate to placement on the salary grid. Where the Board grants a part-time leave of absence to a Teacher on permanent contract teaching full-time, the Teacher will receive full year seniority credit.
AutoNDA by SimpleDocs
Credit Procedures. The anniversary date on which teaching experience shall be credited for all teachers is the first day of September. Verified experience credit for continuing and temporary contract teachers covered by this Agreement will be received upon initial appointment to the District for each full month of said experience, or major portion thereof rounded to the nearest tenth of a year, earned according to Xxxxxx of this Article. After initial appointment to the District, experience credit for temporary and continuing contract teachers while in the employ of the Board will be received for each full month of said experience or major portion thereof rounded to the nearest tenth of a year for the period September 1 to June of each year until the maximum number of increments has been obtained. Continuing and temporary contract teachers on a part-time assignment shall receive experience credit according to the portion of a full time teacher’s assignment that they work. Such experience will be credited annually in accordance with Clause of this Article. Notwithstanding clause and of this article, teachers covered by this agreement seconded to Post-Secondary Educational Institutions, the Ministry of Education and/or the College of Teachers for one or more academic years shall receive months experience credit for each such year. Absence while on paid sick leave, Salary Indemnity Plan and to a maximum of eighteen weeks maternity leave in accordance with the maternity leave Section of the Employment Standards Act shall carry full experience credit. Full service to the Association and/or the British Columbia Teachers’ Federation, shall carry full experience credit. Part time service shall be credited according to Xxxxxx of this Article.

Related to Credit Procedures

  • Disbursement Procedures The Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy) of such demand for payment and whether the Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the Issuing Bank and the Lenders with respect to any such LC Disbursement.

  • Payment Procedures Upon receipt of a Right Certificate representing exercisable Rights, with the form of election to purchase and certification duly executed, accompanied by payment of the aggregate Purchase Price for the total number of one one-hundredths of a Preferred Share to be purchased and an amount equal to any applicable transfer tax required to be paid by the holder of such Right Certificate in accordance with Section 9, in cash or by certified or cashier's check or money order payable to the order of the Company, the Rights Agent shall thereupon promptly (i)(A) requisition from any transfer agent of the Preferred Shares (or make available, if the Rights Agent is the transfer agent) certificates for the number of Preferred Shares to be purchased and the Company hereby irrevocably authorizes its transfer agent to comply with all such requests, or (B) if the Company shall have elected to deposit the total number of Preferred Shares issuable upon exercise of the Rights hereunder with a depository agent, requisition from the depositary agent depositary receipts representing interests in such number of one one-hundredths of a Preferred Share as are to be purchased (in which case certificates for the Preferred Shares represented by such receipts shall be deposited by the transfer agent with the depositary agent) and the Company hereby directs the depositary agent to comply with all such requests, (ii) when appropriate, requisition from the Company the amount of cash to be paid in lieu of the issuance of fractional shares in accordance with Section 14 or otherwise in accordance with Section 11.1.3, (iii) promptly after receipt of such certificates or depositary receipts, cause the same to be delivered to or upon the order of the registered holder of such Right Certificate, registered in such name or names as may be designated by such holder and (iv) when appropriate, after receipt, promptly deliver such cash to or upon the order of the registered holder of such Right Certificate. In the event that the Company is obligated to issue other securities of the Company, pay cash and/or distribute other property pursuant to Section 11.1.3, the Company will make all arrangements necessary so that such other securities, cash and/or other property are available for distribution by the Rights Agent, if and when appropriate.

  • Settlement Procedures (a) The collection of the Pool Receivables shall be administered by the Servicer in accordance with this Agreement. The Seller shall provide to the Servicer on a timely basis all information needed for such administration, including notice of the occurrence of any Termination Day and current computations of the Purchased Interest.

  • Administrative Procedures Administrative procedures with respect to the sale of Notes shall be agreed upon from time to time by the Agents and the Company (the "Procedures"). The Agents and the Company agree to perform the respective duties and obligations specifically provided to be performed by them in the Procedures.

  • Auction Procedures The provisions contained in Section 11.10 of the Amended and Restated Bylaws concerning Auction Procedures will be followed by the Fund and, to the extent applicable, the Auction Agent, and the provisions contained therein are incorporated herein by reference in their entirety and shall be deemed to be a part of this Agreement to the same extent as if such provisions were set forth fully herein.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!