Collections policy definition

Collections policy means a set of procedures designed to ensure bills are paid on time and in full, and to collect on past-due payments. Sending customers a bill/statement each month showing the amount owed is not a collection policy. The collection policy must include a statement of action that will be taken if past-due amounts are not received. In assessing utilities and allocating Best Practices scores, RUBA staff should ask for a copy of the ordinance, tariff, policy, and/or resolution the utility has adopted that contains the fees or rates for services, as well as the collective measures it implements.
Collections policy means the Collections and Recovery Policy – COMP, version Effective Date as of 04/01/2020, as delivered to the Administrative Agent prior to the Closing Date and in effect on the Closing Date, as may be amended from time to time [*****].
Collections policy means the Collections and Recovery Policy – COMP, version Effective Date as of 04/01/2020, as delivered to the Administrative Agent prior to the Closing Date and in effect on the Closing Date, as may be amended from time to time [*****]. “Commercial Paper” shall mean the commercial paper notes or other debt securities issued from time to time by means of which a Conduit Lender (directly or indirectly) obtains financing. “Commitment” of any Committed Lender means the Dollar amount set forth on Schedule I hereto or, in the case of a Committed Lender that becomes a party to this Agreement pursuant to an Assignment and Assumption Agreement, the amount set forth therein as such Committed Lender’s “Commitment”, in each case as such amount may be (i) reduced or increased by any Assignment and Assumption Agreement entered into by such Committed Lender and the other parties thereto in accordance with the terms hereof and (ii) reduced pursuant to Section 2.04(a). “Commitment Termination Date” means the earliest to occur of (i) the date that is 364 days after the Third Amendment Effective Date, (ii) the date that the Administrative Agent declares a Commitment Termination Date following the occurrence of any Amortization Event, or of any Event of Default pursuant to Section 7.02, and (iii) the date the Aggregate Commitments are reduced to zero pursuant to Section 2.02. “Committed Lender” means, as to any Lender Group, each Person listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns. “Comparable Agreement” means, with respect to GreenSky and its Subsidiaries, any agreement of GreenSky or any its Subsidiaries for the benefit of any third party in connection with any bankruptcy-remote financing secured by loans, Receivables or Participations. “Conduit Lender” means, as to any Lender Group, each Person listed on Schedule I as a “Conduit Lender” for such Lender Group, together with its respective successors and permitted assigns.

Examples of Collections policy in a sentence

  • King County and PHSKC shall maintain their respective authority over monitoring the financial status of the health center, fiscal, and personnel matters, including, but not limited to Sliding Fee Discount Program, Billing and Collections policy, appropriating and authorizing funding and staffing for programs, financial management, charging and rate setting, contracting, labor relations and conditions of employment.

  • Billing & Collections policy: I acknowledge that I am responsible for all charges for products and services provided by Flagstaff Eye Care, including any non-covered products and services or amounts not paid by my insurance.

  • King County and PHSKC shall maintain their respective authority over monitoring the financial status of the health center, fiscal, and personnel matters, including, but not limited to Billing and Collections policy, appropriating and authorizing funding and staffing for programs, financial management, charging and rate setting, contracting, labor relations and conditions of employment.

  • Collections policy & procedures are as follows: The A/R Aging is regularly monitored by Accounting to identify potential collectability issues, and any issues are investigated.

  • In the event [Group] is not contracted with a patient’s health plan and provides services that are out of network or not covered services by the patient’s health plan or the patient is not insured, Medical Group shall apply the professional services uninsured discount amount to its billed charges as outlined in Hospital’s Patient Billing and Collections policy, as may be amended.


More Definitions of Collections policy

Collections policy means procedures associated with billing and collections of the fees and charges imposed by the Districts from time to time, a form of which is attached hereto as Exhibit C which has been adopted by the Board, and as may be amended from time to time.