Delinquent or delinquency definition

Delinquent or delinquency means an account for which a bill or payment agreement for regulated services or equipment has not been paid in full on or before the last day for timely payment.
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Delinquent or delinquency means an account for which a service bill or service payment has not been paid in full on or before the last date for timely payment.
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Delinquent or delinquency means an account for which a bill or payment agreement
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Related to Delinquent or delinquency

  • Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for more than 60 days from the original due date for such payment.

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each calendar month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Delinquency Percentage means, for any Payment Date and the related Collection Period, an amount equal to the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of all 60-Day Delinquent Receivables as of the last day of such Collection Period to (ii) the Pool Balance as of the last day of such Collection Period.