Uncollectibles Sample Clauses

Uncollectibles. ISSUE: San Xxxxxxx estimated the Uncollectibles rate for the Test Year by using a five-year average divided by Total Billed Revenue less Miscellaneous Revenue. XXX agreed with Xxx Xxxxxxx’x method of calculating Uncollectibles, but identified an error in San Gabriel’s rate calculation. San Gabriel acknowledged and corrected the error in rebuttal testimony. RESOLUTION: San Xxxxxxx corrected its estimate of the Uncollectibles rate for the Test Year from 0.4732% to 0.4648%. San Xxxxxxx and DRA agree that the corrected Uncollectibles rate of 0.4648% should be applied to adopted Operating Revenues less Miscellaneous Revenues to arrive at the adopted Uncollectibles expense. The lower Settlement Uncollectibles amount shown in the table below reflects the lower Operating Revenues that would result from the terms of the Settlement Agreement. Issue SGV Direct SGV Rebuttal DRA Report Difference Settlement Uncollectibles Rate 0.4732% 0.4648% 0.4648% none 0.4648% Uncollectibles (at present rates) $272,700 $271,500 $266,000 $5,500 $264,900 REFERENCES: Exhibit SG-1, Table 5B; Exhibit SG-9 (Xxxxx), p. 11; Exhibit DRA-1 (Xxxxxxxxxx), pp. 3-10 to 3-11; Exhibit SG-22 (Xxxxx), p. 2.
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Uncollectibles. The revenues will first be reduced by the agreed upon percentages for revenue loss due to disconnects, adjustments, and uncollectibles. This percentage shall be computed in December of each year, for the preceding twelve (12) months, and shall be used for the subsequent twelve (12) months. The reduction for revenue loss may not exceed ten percent (10%) on revenue billed by Telephone Company. The revenue loss is ascertained by deducting the actual revenue collected for the year from the 12 month amortized revenues for the year. The revenue loss percentage is calculated by dividing the revenue loss by the 12 month amortized revenues.
Sample 1
Uncollectibles. The true-up settlement will continue on a monthly basis during the one-year period to settle for the last six months of billing prior to the end of the contract. The AOC will make twelve (12) additional monthly true-ups. For the first six (6) months, the AOC will subtract the amount of Realized Uncollectibles from the amount of Anticipated Uncollectibles held in reserve. The difference will be included in the True-Up Settlement Section on the Purchase of Accounts Receivable Statement(s). The AOC will pay the Customer the amount by which the Anticipated Uncollectibles exceeded the Realized Uncollectibles. The Customer will pay the AOC the CINGULAR WIRELESS LLC -------------------------------------------------------------------------------- EXHIBITS - Billing and Collections Services Operating Agreement by and among BellSouth Telecommunications, Inc. and Cingular Wireless LLC, effective September 1, 2003 EXHIBIT 10.62 Exhibit B Ameritech amount by which Realized Uncollectibles exceeded Anticipated Uncollectibles. At the end of the one-year period, the AOC will pay the Customer the amount by which the Anticipated Uncollectibles exceed the Realized Uncollectibles.
Sample 1
Uncollectibles above. The Uncollectible Receivable will be assigned over to the Shareholders together with all right, title, interest and power to collect. This section 8.8.4 sets forth the exclusive remedy with respect to breaches of the warranty on collectibility of Receivables in section 4.2.11.
Sample 1
Uncollectibles. The true-up Settlement will continue on a monthly basis during the one-year period to settle for the last three months of billing prior to the end of the contract. At the end of the one-year period, the AOC will pay the Customer the amount by which the Anticipated Uncollectibles exceed the Realized Uncollectibles.
Sample 1

Related to Uncollectibles

  • Chargebacks Merchant shall use all reasonable methods to resolve disputes with the cardholder. Should a chargeback dispute occur, Xxxxxxxx shall promptly comply with all requests for information from PayPal. Merchant shall not attempt to recharge a cardholder for an item that has been charged back to the cardholder, unless the cardholder has authorized such actions.

  • Deductibles The Department shall be exempt from, and in no way liable for, any sums of money representing a deductible in any insurance policy. The payment of such deductible shall be the sole responsibility of the Grantee providing such insurance.

  • Escrows All escrow deposits (including capital improvements and environmental remediation reserves) relating to any Mortgage Loan that were required to be delivered to the lender under the terms of the related Mortgage Loan documents, have been received and, to the extent of any remaining balances of such escrow deposits, are in the possession or under the control of Seller or its agents (which shall include the applicable Master Servicer). All such escrow deposits are being conveyed hereunder to the Purchaser. Any and all material requirements under each Mortgage Loan as to completion of any improvements and as to disbursement of any funds escrowed for such purpose, which requirements were to have been complied with on or before the date hereof, have been complied with in all material respects or, if and to the extent not so complied with, the escrowed funds (or an allocable portion thereof) have not been released except in accordance with the terms of the related loan documents.

  • Accounts Receivable; Inventories The accounts receivable of Seller reflected in the Unaudited Financial Statements and the accounts receivable aging report set forth in Schedule 5.21, as well as such additional accounts receivable as are reflected on the books of Seller on the date hereof, are (except to the extent reserved in accordance with GAAP) valid, genuine and subsisting, arise out of bona fide sales and deliveries of goods, performance of services or other business transactions and to Seller's Knowledge, are not subject to defenses, deductions, set-offs or counterclaims. The inventories reflected on the Unaudited Financial Statements and held by Seller on the date hereof, net of reserves therefor in accordance with GAAP, are usable or saleable in the ordinary course of Business. Such inventories have been reflected on the Unaudited Financial Statements at the lower of cost or market value (taking into account the usability or salability thereof) in accordance with GAAP. None of such inventories have been written up in value or repurchased by, or returned to, Seller at an increased value. All such inventories are owned free and clear and are not subject to any Lien except to the extent reserved against or reflected in the Financial Statements. Since the Financial Statement Date, inventories of raw materials, supplies and products have been purchased by Seller in the ordinary course of the Business, consistent with anticipated seasonal requirements, and the volumes of purchases thereof and orders therefor have not been reduced or otherwise changed in anticipation of the transactions contemplated by this Agreement. Except as set forth in Schedule 5.21 hereto, Seller does not have any Knowledge of any conditions affecting the supply of materials or products available to Seller and, to the Knowledge of Seller, the consummation of the transactions contemplated hereby will not adversely affect any such supply.

  • Self-Insurance Notwithstanding the foregoing, each Interconnected Entity may self-insure to meet the minimum insurance requirements of this Section 13 of this Appendix 2 to the extent it maintains a self- insurance program, provided that such Interconnected Entity’s senior secured debt is rated at investment grade or better by Standard & Poor’s and its self-insurance program meets the minimum insurance requirements of this Section 13. For any period of time that an Interconnected Entity’s senior secured debt is unrated by Standard & Poor’s or is rated at less than investment grade by Standard & Poor’s, such Party shall comply with the insurance requirements applicable to it under this Section 13. In the event that an Interconnected Entity is permitted to self-insure pursuant to this section, it shall notify the other Interconnection Parties that it meets the requirements to self-insure and that its self-insurance program meets the minimum insurance requirements in a manner consistent with that specified in Section 13.5 of this Appendix 2.

  • Allowances § 3.8.1 The Contractor shall include in the Contract Sum all allowances stated in the Contract Documents. Items covered by allowances shall be supplied for such amounts and by such persons or entities as the Owner may direct, but the Contractor shall not be required to employ persons or entities to whom the Contractor has reasonable objection.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

  • Rebates Premium rebates given by the Employment Insurance Commission shall be paid directly to the employees by the Employer.

  • Receivables (a) Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

  • Lockbox Accounts The names and addresses of all the Lockbox Banks, together with the account numbers of the Lockbox Accounts of the Seller at each Lockbox Bank and the post office box numbers of the lockboxes, are listed on Schedule 6.1(o) (or have been notified to and approved by the Agents in accordance with Section 7.3(d)) and are the only post office boxes and accounts into which Collections of Receivables are deposited or remitted. The Seller has not granted any Person, other than the Administrative Agent for the benefit of the Secured Parties as contemplated by this Agreement, control of any lockbox or Lockbox Account, or the right to take control of any such lockbox or Lockbox Account at a future time.

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