DELINQUENT ACCOUNT POLICY Sample Clauses

DELINQUENT ACCOUNT POLICY. 1. If Customer fails to pay the charges due for utility services furnished by Supplier by the close of business on the 15th of each month, the account is delinquent and a one-time penalty of 10% of the total charges due shall automatically be added to the account.
Sample 1
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DELINQUENT ACCOUNT POLICY. Default: All accounts/services are in default if they are unpaid at 30 days after the due date. If contracts are in default or otherwise breached, then the contract penalty will be billed. If there is returnable equipment for the service it will be billed to the customer when they are disconnected. Once that equipment is returned, the Customer's bill will be credited back for that amount.Any default of contract(s), customer agreement(s), or failure to pay for services rendered shall give us the right to proceed to terminate the agreement(s), contract(s), or service(s) and to exercise all other rights and remedies as provided by law. Customer agrees that, in such event, Customer shall be obligated to pay Citizens' reasonable collection expenses which may include but not be limited to, court costs, collection fees which are charged by our the Company at such time as the account is turned over to said collection agency, and attorney’s fees of twenty-five (25) percent of any unpaid balance at such time as the account is turned over to an attorney for collection. Customer further agrees that all collection fees as mentioned herein shall not be deemed to be in the nature of a penalty for default, but instead shall be deemed to be liquidated damages. It is understood that said account will accrue interest until paid in full in accordance with Code of Virginia and Federal Statutes.
Sample 1
DELINQUENT ACCOUNT POLICY. Default: All accounts/services are in default if they are unpaid at 30 days after the due date. If contracts are broken, then the contract penalty will be billed. If there is returnable equipment for the service it will be billed to the customer when they are disconnected. Once that equipment is returned their bill will be credited back for that amount. Any default of contract(s), customer agreement(s), or failure to pay for services rendered shall give us the right to proceed to terminate the agreement(s), contract(s), or service(s) and to exercise all other rights and remedies as provided by law. You agree that, in such event, you shall be obligated to pay our reasonable collection expenses which may include but not be limited to, court costs, collection fees which are charged by our collection agency at such time as the account is turned over to said collection agency, and attorney’s fees of twenty-five (25) percent of any unpaid balance at such time as the account is turned over to an attorney for collection. You further agree that all collection fees as mentioned herein shall not be deemed to be in the nature of a penalty for your default, but instead shall be deemed to be liquidated damages. It is understood that said account will accrue interest until paid in full in accordance with Code of Virginia and Federal Statutes. *Additional charges are covered under the Code of Virginia, Section 6.1-330.77. Charges by sellers of goods or services; Section 6.1-330.53. Legal rate of interest; and under Federal Statutes, 15 U.S.C. 1601, et seq Printed Name:
Sample 1
DELINQUENT ACCOUNT POLICY. Default: All Mountain Telephone bills should be paid on or before the 10th of each month. All accounts/services are in default if they remain unpaid after the delinquent date. If a customer is disconnected for non-pay, a reconnect fee of $37.50 will be added to the next bill. Depending on their payment history, the customer may be asked to pay the reconnect fee before the service will be reinstated. If contracts are broken, then the contract penalty will be billed. The contract penalty is determined by multiplying the number of months remaining times 1/12 of the $350.00 installation fee. If there is returnable equipment for the service it will be billed to the customer when they are disconnected. Once the customer delivers the equipment to the Mountain Telephone office in West Liberty, their bill will be credited back for that amount. Any default of contract(s), customer agreement(s), or failure to pay for services rendered shall give us the right to proceed to terminate the agreement(s), contract(s) or service(s) and to exercise all other rights and remedies as provided by law. You agree that, in such event, you shall be obligated to pay our reasonable collection expenses which may include but not be limited to, court costs, collection fees which are charged by our collection agency at such time as the account is turned over to an attorney for collection. You further agree that all collection fees as mentioned herein shall not be deemed to be in the nature of a penalty for your default, but instead shall be deemed to be liquidated damages.
Sample 1
DELINQUENT ACCOUNT POLICY. All accounts/services are in default if they are unpaid by the due date. If account/contract is in default or otherwise breached, then the contract penalty (Early Term Fee) will be billed. Services may be temporarily or permanently disconnected by Citizens. Upon permanent disconnection of services (whether by Applicant/Member or Citizens), company-owned equipment will be billed to the account. When the equipment is returned in working condition, credit will be applied to the customer's account. Any default of contract(s), customer agreement(s), or failure to pay for services rendered shall give the Company the right to proceed to terminate the agreement(s), contract(s), or service(s) and to exercise all other rights and remedies as provided by law. The Member/Applicant agrees that, in such event, the Member/Applicant shall be obligated to pay our reasonable collection expenses which may include but not be limited to, court costs, and collection fees that are charged by the Company at such time as the account is turned over to said collection agency, and attorney’s fees of twenty-five (25) percent of any unpaid balance at such time as the account is turned over to an attorney for collection. The Member/Applicant further agrees that all collection fees as mentioned herein shall not be deemed to be like a penalty for default, but instead shall be deemed to be liquidated damages. It is understood that said account will accrue interest until paid in full per the Code of Virginia and Federal Statutes. The Member/Applicant can also submit cell phone numbers for collection purposes upon default of terms. *Additional charges are covered under the Code of Virginia, Section 6.2-311. Charges by sellers of goods or services; Section 6.2-301; Legal rate of interest; and under Federal Statutes, 15 U.S.C. 1601, et seq. The undersigned hereby applies to Citizens service per the terms and conditions of the Application set forth above. PRICING: Applicant/Member agrees to pay federal, state, and local taxes and utility service fees that are not included in the service price. The advertised price includes a monthly discount for the use of electronic billing and/or a discount for auto payment from a bank or credit card account. If a paper invoice is requested, a $3.00/month fee applies. If auto payment is not used, a $1.50/month fee will be added. EQUIPMENT: Customer acknowledges that any equipment provided by Citizens is the property of Citizens, unless Customer enters into a ...
Sample 1

Related to DELINQUENT ACCOUNT POLICY

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