Deferred Payment Plan. If you are unable to pay your bill you may qualify for a deferred payment plan, unless: • You have received more than two termination/disconnection notices during the past 12 months; or • You have taken service from NEC Co-op Energy for less than three months and you lack sufficient credit or a satisfactory payment history with your previous electric provider. This plan may require you to make an initial percentage payment of the outstanding balance to initiate the agreement, with the remaining balance paid in equal installments. If you have received a disconnection notice and expressed an inability to pay, any deferred payment plan will include an initial payment not to exceed 25% of the delinquent balance and will allow the remaining balance to be paid in equal installments over at least three billing cycles. A deferred payment plan may include a 5% penalty for late payment but does not include a finance charge. The Member or NEC Co-op Energy may initiate one renegotiation of the deferred payments plan if the member’s economic or financial circumstances change substantially during the time of the deferred payment plan. By entering into a deferred payment plan, NEC Co-op Energy may put a switch-hold on your account. A switch-hold means you will not be able to buy electricity form other companies until this past due amount is paid. The switch-hold will be removed after final payment of this past due amount is processed. While a switch-hold applies, if you are disconnected for not paying or if the terms of the deferred payment plan are not fulfilled, your electric service agreement with NEC Co-op Energy may be terminated or your electric service disconnected, whichever is applicable, after proper xxxxxx.Xxx will need to pay NEC Co-op Energy to get your electricity turned back on.
Deferred Payment Plan. If you are unable to pay your bill you may qualify for a deferred payment plan, unless: • You have received more than two termination/disconnection notices during the past 12 months; or • You have taken service from NEC Co-op Energy for less than three months and you lack sufficient credit or a satisfactory payment history with your previous electric provider. This plan may require you to make an initial percentage payment of the outstanding balance to initiate the agreement, with the remaining balance paid in equal installments. If you have received a disconnection notice and expressed an inability to pay, any deferred payment plan will include an initial payment not to exceed 25% of the delinquent balance and will allow the remaining balance to be paid in equal installments over at least three billing cycles. A deferred payment plan may include a 5% penalty for late payment. If the terms of the deferred payment plan are not fulfilled, your electric service agreement with NEC Co-op Energy may be terminated or your electric service disconnected, whichever is applicable, after proper notice.
Deferred Payment Plan. Employees covered by this Collective Agreement may participate in a deferred payment plan which provides for up to one (1) year of self-funded leave as outlined in regulations attached as Appendix "C" of this Collective Agreement. The Employer shall not be required to grant such leave during the same period of time to more than three (3) employees of each bargaining unit covered by this Collective Agreement. If more than three (3) employees from each bargaining unit submit a request for such leave which covers all or part of the same period of time, seniority shall be the determining factor in granting of such leave.
Deferred Payment Plan. An arrangement set out by the Landlord or its preferred credit collection agent in which the Tenant is allowed to defer payments to a specified time in the future to settle any amount owed by the Tenant.
Deferred Payment Plan. The following rent deferral option is hereby agreed to and acknowledged by Resident (Select one option):
Deferred Payment Plan. Under this, lease rentals are deferred for some year (i.e. not paid for few years) and after that it will be paid according to the terms of the contract.
Deferred Payment Plan. If Customer has maintained the account in good standing for the past twelve (12) months, Supplier may agree to a Deferred Payment Plan with Customer to cure any delinquencies on the account and permit the Customer to continue to receive utilities services.
Deferred Payment Plan. This is a plan which is offered by the College. The Deferred Payment Plan calls for three payments per semester. There is no enrollment fee for this program, but the student is charged interest on the entire unpaid balance. The first payment is due on August 1 for the fall semester, with the remaining payments
Deferred Payment Plan. Effective as of the Separation Date, the AgCo Group shall establish a non-qualified deferred compensation plan that initially is substantially similar to the Monsanto Deferred Payment Plan to provide benefits to AgCo Participants from and after the Separation Date. From and after the Separation Date, except as specifically set forth in Article IV, the AgCo Group shall assume and be solely responsible for all Liabilities of the Monsanto Group for or relating to benefits accrued through the Separation Date by or with respect to AgCo Participants under the Monsanto Deferred Payment Plan and the Pharmacia Group shall retain and be solely responsible for all other Liabilities under the Monsanto Deferred Payment Plan.
Deferred Payment Plan. The Cooperative may at its option enter into a deferred payment plan with Customer for all or a portion of any amount required to be paid as aid-to-construction. For Electric Service Revision Page SECTION TITLE: DATE BOARD APPROVED: SERVICE RULES AND REGULATIONS Part 1 – Obtaining Electric Service APPLICABLE TO ALL AREAS Xxxxxxx County Electric Cooperative, Inc. Coleman, Texas 76834 Board Approved 8-1-1991
