Collections Policies definition
Examples of Collections Policies in a sentence
The terms of such Loan have not been waived, altered, modified or extended in any respect other than (A) modifications entered into in accordance with Customary Practices and Credit Standards and Collections Policies that do not reduce the amount or extend the maturity of required Scheduled Payments and (B) modifications in the applicability of a PAC (which may result in a change in the related Loan Rate).
The Collections Managers shall discuss any proposed changes to the Collections Policies and work to resolve any Disputes between the parties regarding collections matters.
Subject to Section 3.6, Company shall at all times comply in all material respects with Applicable Law affecting its obligations under this Agreement, the Risk Management Policies, the Collections Policies and the Compliance Practices.
Bank shall at all times comply in all material respects with Applicable Law affecting its obligations under this Agreement, the Risk Management Policies, the Collections Policies and the Compliance Practices.
Upon failure to make payment or perform any obligation under this Agreement, the Association shall have the right to discontinue service as well as to impose such remedies as may be provided by law, including enforcing the remedies for past due assessments that are set forth in that certain Assessment Collections Policies and Procedures resolution adopted by the Board of Directors on May 6, 2023 as amended.
The Servicer shall accelerate the maturity of all or any Scheduled Payments under any Loan included in the Asset Pool under which a default under the terms thereof has occurred and is continuing (after the lapse of any applicable grace period) promptly after such Loan becomes a Defaulted Loan; provided, however, that so long as FIB or the Servicer Assignee is the Servicer the Servicer shall collect all Defaulted Loans in accordance with the Credit and Collections Policies.
No SLA will be deemed [****] in compliance with the express provisions of this Agreement, the Risk Management Policies, the Collections Policies or the Operating Procedures or any instruction from personnel of the Bank or any [****].
It is additionally important that measures be taken to ensure that data resulting from the data collection is sufficiently granular to be meaningful and that samples used are adequately representative to ensure the data collected is valid and reliable.C. Nothing in the Settlement Agreement Divests the Commission of Its Ability in the Future to Open Similar Multi-Company Proceedings Regarding Disconnection or Credit and Collections Policies.
Developing Public Library Collections, Policies, and Procedures, A How-To-Do-It Manual for Small and Medium-Sized Public Libraries, #12.
Any incremental cost to the Servicer to implement the Company’s changes to the Risk Management Policies, Collections Policies, Operating Procedures and Program Privacy Policy shall be addressed in a statement of work under Section 2.12.