Collectability definition

Collectability. ’ means the ability of the de- partment of revenue to collect, and the ability of the taxpayer to pay, the tax liability.
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Collectability means the right to demand or claim payment to the Debtor in respect of a Transferred Receivable.
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Collectability means, in respect of a Purchased Receivable, (other than in respect of a Customer's ability or willingness to pay (unless such affected Purchased Receivable did not comply with the Eligibility Criteria as of the Cut-Off Date)) the ability to collect or the amount collected or the timing of collecting in respect of such Purchased Receivable;
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Examples of Collectability in a sentence

  • Reasonable Cause to Doubt the Collectability Doubtful collectability may exist for postdated checks, checks dated more than six (6) months earlier, and checks that the paying institution has said it will not honor.

  • Funds you deposit by check may be delayed for a longer period under the following circumstances: Reasonable Cause to Doubt Collectability We have reasonable cause to doubt the collectability of the check.

  • The Lender shall prepare and deliver to the Rural Center a Monthly Report/Payment Distribution Summary as described in Section 6.1.B. The Lender will also submit within 30 days of June 30 and December 31 of each calendar year a Semiannual Assessment of Collectability with supporting documentation adequate to allow the Rural Center to establish an allowance for loan losses for each outstanding Participation purchased by the Rural Center.

  • Longer Delays May Apply Funds you deposit by check may be delayed for up to the seventh (7th) Business Day after the day of your deposit under the following circumstances: • Reasonable Cause to Doubt Collectability We have reasonable cause to doubt the collectability of the check.

  • Exception Holds • Repeated Overdrafts or Returned Deposits 7th Business Day • Reasonable Cause to Doubt Collectability 7th Business Day Accountholder’s Warranties.

  • The following information is required to be provided cumulatively by the borrower and lender, for each GA LPP enrolled loan, on a quarterly basis, using the attached Quarterly Assessment of Collectability Form.


More Definitions of Collectability

Collectability means, in respect of a Purchased HP Contract (other than in respect of a Debtor’s ability or willingness to pay (unless such affected HP Contract did not comply with the Eligibility Criteria as of the Purchase Cut-Off Date)), the ability to collect or the amount collected or the timing of collecting in respect of such Purchased HP Contract.
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Collectability means a well‐insured defendant. The impact on tort law in action is most obvious and expected for claims against individuals. But field research on securities litigation shows that it occurs in the corporate context as well. Plaintiffs’ lawyers plead strategically, crafting their pleadings to avoid coming within exclusions in the liability insurance policies that provide coverage for their claims. (Baker & Griffith 2010) The lawyers explain that, even in the corporate context, “it is just easier to get money out of an insurance company.” (Id)
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Related to Collectability

  • durability means the ability of components and systems to last so that the environmental performance can still be met after a mileage set out in paragraph 2.4. and so that vehicle functional safety is ensured, if the vehicle is used under normal or intended circumstances and serviced in accordance with the manufacturer’s recommendations.

  • Validity means being:

  • Securing means the application of Government-approved telecommunications security equipment, devices, techniques, or services to contractor telecommunications systems.

  • Adequacy means the ability of the electric system to supply the aggregate electrical demand and energy requirements of the end-use customers at all times, taking into account scheduled and reasonably expected unscheduled outages of system elements.

  • Financed Vehicle means an automobile, light-duty truck or van, together with all accessions thereto, securing an Obligor’s indebtedness under the applicable Receivable.

  • Affordability means a housing unit that satisfies at least one of the following criteria:

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Integrity means that personal data should be accurate and suitable for the purpose for which it is processed.

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Obligation Characteristics means any one or more of Not Subordinated, Specified Currency, Not Sovereign Lender, Not Domestic Currency, Not Domestic Law, Listed and Not Domestic Issuance, and:

  • Repeatability means the range of values within which the repeat results of cigarette test trials from a single laboratory will fall 95 percent of the time.

  • Fire Marshal means the State Fire Marshal.

  • Financed Equipment is all present and future Eligible Equipment in which Borrower has any interest, the purchase of which is financed by an Equipment Advance.

  • Case characteristics means demographic or other objective characteristics of a small

  • Reliability means the degree of performance of the bulk electric system that results in electricity being delivered within Reliability Standards and in the amount desired. Electric system Reliability can be addressed by considering two basic and functional aspects of electric systems, which are Adequacy and Security.

  • Obligee means the Person to whom an Obligor is indebted under a Contract.

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • Subject Lien shall have the meaning provided in Section 10.2(a).

  • Visibility impairment means any humanly perceptible change in visual range, contrast, or coloration from that which would have existed under natural visibility conditions.

  • priority shall include “prior claim”; (q) “survey” shall include “certificate of location and plan”; (r) “state” shall include “province”; (s) “fee simple title” shall include “absolute ownership”; (t) “accounts” shall include “claims”. The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Permeability of a space means the ratio of the volume within that space which is assumed to be occupied by water to the total volume of that space.

  • Viability means that stage of human development when the life of the unborn child may be continued by natural or life-supportive systems outside the womb of the mother;

  • Tender Document means the Document provided by a Purchaser to a Tenderer as a basis for preparation of its Tender;

  • Deafness means a hearing impairment that is so severe that the student is impaired in processing linguistic information through hearing, with or without amplification that adversely affects a student’s educational performance.

  • Impairment has the meaning assigned to such term in Section 1.03.