Delinquent Notice definition

Delinquent Notice means the formal communication delivered to a delinquent Ratepayer via
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Delinquent Notice shall be mailed by EIA on or about the delinquent date reminding the member of the terms of this policy. Following a grace period of 15 calendar days from the mailing of the delinquent notice, interest will be assessed on any amounts which remain unpaid. The interest charge will accrue beginning on the first day following the delinquent date but will be waived on any amounts paid during the grace period. The amount of the interest charge shall be equal to the prior year's effective yield on the EIA Treasury portfolio (rounded to the nearest 2%) plus 4%. Resolution No. 06-002 Invoicing and Payment Policy Page 2 VI. A separate invoice for interest charges shall be mailed to members upon receipt of funds after the expiration of the grace period.
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Examples of Delinquent Notice in a sentence

  • The First Delinquent Notice must, among other things, establish late charges charged to the Consumer of 12% or the amount that is determined by the club.

  • Acadian shall be entitled to file suit against FACILITY if it fails to pay delinquent invoices within thirty (30) day of Acadian mailing to FACILITY, by certified mail, a Delinquent Notice consisting of the invoice number and amount due on said invoice.

  • Cost per electronic citation $0.62 Cost per citation issued $1.42 (includes POSTAG E) A notice of violation (delinquent notice) is sent after Notice of Violation / Delinquent Notice an INDIVIDUAL received the initial citation as a courtesy reminder.

  • Once the First Delinquent Notice has been sent, and after fulfilling the other requirements in the Governing Documents and the applicable law, the club will have no further obligation of assuring the Consumer the right of lodging and services at any project, even if the delinquent payment is afterwards received by the club.

  • The First Delinquent Notice, the Second Delinquent Notice and all other communications will be delivered at the last known address for the Consumer in the club records.

  • The Second Delinquent Notice will include among other matters, a reinstatement fee for the Consumer an interest at a rate of 12% (twelve percent) per year if the delay is one year, or failing that, 1% (one percent) per month if the delay is less than one year.

  • Following receipt of the First Delinquent Notice and the Second Delinquent Notice by the Company from the Reinsurer, the Company fails to deposit into the Company Escrow Account an amount at least equal to the Company Escrow Account Shortfall specified in the First Delinquent Notice, and such failure remains uncured thirty (30) calendar days after the date on which the Company receives the Second Delinquent Notice from the Reinsurer.

  • After the delivery of the First Delinquent Notice, subject to the applicable law, the club will not accept reservation requests from the Consumer, will not mail reservation confirmations to the Consumer and will cancel any existing reservation that the Consumer may have already made and confirmed (such cancellation will subject the owner to the corresponding cancellation fee).

  • If the delinquent payments (including late charges) are not received by the club within 30 calendar days after the club issued the First Delinquent Notice, the club will then send a "Second Delinquent Notice" to the Consumer.

  • Additionally, the Second Delinquent Notice will notify the Consumer that the club may cancel the membership of the Consumer subject to the applicable laws if the overdue amounts (together with the late charges) are not paid immediately.

Related to Delinquent Notice

  • 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.

  • assessment notice means a notice given by the Commissioner of Taxation to a Member under section 15(7) of the Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Imposition Act 1997 of the Commonwealth;

  • 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.

  • Delinquent Loan Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Delinquent Lender has the meaning provided in SECTION 8.15.