Delinquent Claims definition

Delinquent Claims means any Claim in respect of which there are any Instalments which have remained unpaid for more than 30 (thirty) days from its scheduled payment date.
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Delinquent Claims means (A) those Claims under which there is 1 (one) Delinquent Instalment and (B) which are not classified as Defaulted Claims.
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Delinquent Claims means (A) those Claims under which there is 1 (one) Delinquent Instalment and
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Examples of Delinquent Claims in a sentence

  • Servicing of a Delinquent Claim or Delinquent Claims may result in voluntary payment without the initiation of enforcement proceedings.

  • The amount of fees determined as set forth above shall be added to and become part of the Delinquent Claim or Delinquent Claims in each proceeding as provided by the Act and as provided herein.

  • Collateral Portfolio Outstanding AmountMeans, at any given date, the Portfolio Outstanding Amount net of any (i) Defaulted Claims and (ii) Delinquent Claims.

  • Any costs and expenses relating to the Delinquent Claims and the Defaulted Claims and the relevant Proceedings shall be paid in advance by the Servicer.

  • Delinquency Level: means, at any Calculation Date, the ratio equivalent to the fraction: (a) the numerator of which is the aggregate of the Outstanding Principal of all the Claims which are Delinquent Claims as at such Calculation Date; and (b) the denominator of which is the Performing Collateral Portfolio.

  • The Servicing Expenses, Out-of-Pocket Expenses and Postage Expenses shall be added to and become part of the Municipality’s Delinquent Claims, together with the face, penalties, interest and costs, if any, and title search expense, attorney fees and out-of-pocket expenses in connection with enforcement proceedings, if any, and shall be payable in full before the discharge or satisfaction of any Delinquent Claim.

  • In no event shall the Municipality’s right to charge and collect reasonable Attorney fees pursuant to Article III of this Resolution be impaired by the fact that any Delinquent Claim may also include an attorney commission of five percent (5%) for Delinquent Claims filed prior to December 19, 1990.

  • A Servicing Expense of 10% of Gross Collections shall constitute a reasonable Servicing Expense for all Servicing related to the collection of the Township’s Delinquent Claims.

  • Lien costs shall mean charges imposed by the Department of Court Records and/or by the Township’s Collector for the filing, satisfaction, revival, amendment and transfer of Delinquent Claims.

  • Servicing Fee (TBC)[%] of the Collection related to Performing Claims (and not being "Crediti Incagliati ")[%] of the Collections related to Delinquent Claims and Unlikely to Pay[%] of the Collections related to Defaulted ClaimsB2) Total B4.


More Definitions of Delinquent Claims

Delinquent Claims means any Claim in respect of a Mortgage Loan other than a Defaulted Claim in respect of which there are one of more Delinquent Instalments.
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Related to Delinquent Claims

  • Delinquent child means a child who has committed a delinquent act or an adult who has committed

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Delinquent debt means (1) any debt owed to FCIC that has not been paid by the termination date specified in the applicable contract of insurance, or other due date for payment contained in any other agreement, or notification of indebtedness, and (2) any overdue amount owed to FCIC by a debtor which is the subject of an installment payment agreement which the debtor has failed to satisfy under the terms of such agreement.

  • Delinquent A Mortgage Loan is "delinquent" if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is "30 days delinquent" if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and so on.

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Delinquent Loan A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment, if any, in either case such delinquency to be determined without giving effect to any Grace Period.

  • Delinquent Contract means any Contract as to which all or a portion of a Scheduled Payment (constituting at least ten percent (10%) of such Scheduled Payment due) is more than 60 days delinquent from its original due date.

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Delinquent act means (i) an act designated a crime under the law of this Commonwealth, or an

  • Delinquent Mortgage Loan The meaning ascribed thereto in Section 11.02.

  • Deficiency Claim Date means, with respect to any Distribution Date, the fourth Business Day immediately preceding such Distribution Date.

  • Undisputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Unresolved Claims shall have the meaning set forth in Section 9.6(b).

  • Section 510(b) Claims means any Claim against a Debtor arising from rescission of a purchase or sale of an equity security of the Debtors or an Affiliate of the Debtors for damages arising from the purchase or sale of such an equity security or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Delinquent Lender has the meaning provided in SECTION 8.15.

  • Title Defects has the meaning set forth in Section 5.15(b).

  • 60+ Day Delinquent Mortgage Loan (i) Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, two months or more past due (without giving effect to any grace period), including, without limitation, such Mortgage Loans that are subject to bankruptcy proceedings, (ii) each Mortgage Loan in foreclosure and (iii) all REO Property.

  • Pending Claims shall have the meaning set forth in Section 7.1(e).

  • 60+ Day Delinquent Loan Each Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a Monthly Payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to an REO Property.

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor or an Affiliate of a Debtor or any Claim held by an Affiliate of a Debtor against a Debtor.

  • Repeatedly Delinquent means any payment of a material amount of total monthly Billing under this Agreement received after the Payment Due Date, three (3) or more times during the last twelve (12) month period. The deposit may not exceed the estimated total monthly charges for a two (2) month period based upon recent Billing. The deposit may be an irrevocable bank letter of credit, a letter of credit with terms and conditions acceptable to Qwest, or some other form of mutually acceptable security such as a cash deposit. The deposit may be adjusted by CLEC’s actual monthly average charges, payment history under this Agreement, or other relevant factors, but in no event will the security deposit exceed five million dollars ($5,000,000.00). Required deposits are due and payable within thirty (30) Days after demand and non-payment is subject to the terms and provisions of Section 8.2 and Section 8.3 of this Agreement.