Disputed Account definition

Disputed Account means: (i) an Account wherein any Responsible Party has sought protection under the Bankruptcy Act; (ii) an Account wherein any Responsible Party is deceased; (iii) an Account that has been recalled by Hospital; (iv) an Account wherein any Responsible Party has retained legal counsel, threatened or initiated legal action against IFS or the Hospital; (v) Account wherein, after reasonable effort, any Responsible Party cannot be located; (vi) an Account wherein fraud is reasonably suspected; (vii) any other Account that IFS determines to be uncollectible; and (viii) an Account that is determined to qualify for charity or indigent care.
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Disputed Account means any Account for which xxxxxxxx are under investigation by the Loan Parties, including without limitation, (x) Accounts subject to rebates made from vendors to a Loan Party, which rebates are passed through to the Account Debtor of such Loan Party that correspond with such Accounts, and (y) Accounts of the Borrower that are subject to any counterclaim, deduction, defense or dispute. Disputed Accounts shall not include Accounts owing from certain Account Debtors disclosed to the Administrative Agent prior to the Closing Date that pay by end customer purchase order or stock keeping unit instead of by invoice.
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Disputed Account means any Account subject to any deduction, defense, offset or claim asserted by the subject account debtor, regardless of whether Seller agrees with such assertion.
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Examples of Disputed Account in a sentence

  • Without losing our rights under this Agreement, we may accept late payments, partial payments and payments marked “payment in full” that are not sent to the address set forth below Risk Management Representative – Payment on Disputed Account 8.

  • As used herein, the term "Disputed Account" shall mean any Account subject to any deduction, defense, offset or claim asserted by the subject account debtor, regardless of whether Seller agrees with such assertion.

  • For purposes of this Section 4.3, a "Disputed Account Receivable" (I) shall mean an Account Receivable as to which the customer that is the debtor with respect thereto has communicated to the Company or such Subsidiary, in writing, that the customer disputes the propriety of payment of such Account Receivable, in whole or in part and (II) shall include the Account Receivable from Aker Xxxf Marine.

  • A copy of this motion, to approve the lease of the first floor of the Cole Middle School building to the Community College of Denver, is appended to the minutes of this meeting as Appendix 05-09,V-A-1.

  • Unlike the Solo 401k, the Disputed Account itself was not “a retirement plan or arrangement qualified for tax exemption or deferment purposes under present or future Acts of Congress.”157 Debtor has pointed to no other provision that would exempt common loan proceeds from his estate.

  • Upon distribution of the $50,000 in loan proceeds to Debtor, they were effectively removed from the Solo 401k, even though they remained in the Disputed Account.

  • If the actual or estimated amount in the Claim Notice is less than the then value of the Escrow Property, the parties will agree upon which type of Escrow Property will be set aside in any Disputed Account.

  • The Escrow Agent shall take no action with respect to the amounts deposited in the Disputed Account and such amounts shall continue to be held in accordance with the provisions of this Agreement except (i) upon the joint written instructions of the Principal Stockholder, the Executive and Paladyne, or (ii) upon a final non-appealable order (or an order from which the time to appeal has expired) of a court of competent jurisdiction.

  • One site stated that they were working with the departments to encourage them to give the interns more complex tasks in order to stretch them and improve their skills.

  • Resolution #4948 - Resolution Authorizing The Chief Executive Officer Of The Cincinnati Metropolitan Housing Authority to Negotiate and Execute Settlement Agreement With Duke Energy to Resolve Disputed Account Balances(Enclosure #8) (Joy Gazaway) (Roll Call) 2.


More Definitions of Disputed Account

Disputed Account means an Account: (a) as to which any Responsible Party has sought protection under the federal Bankruptcy Code or any similar state law; (b) owed by any Responsible Party who is deceased; (c) that has been recalled by Hospital; (d) as to which any Responsible Party has threatened or initiated legal action against IFS or Hospital; (e) wherein, after reasonable effort, any Responsible Party cannot be located; (f) wherein fraud is reasonably suspected; (g) that IFS determines to be uncollectible; (h) that is determined to qualify for charity or indigent care; (i) as to which the Responsible Party disputes the nature, quality, quantity, use or fitness of the services rendered and/or goods sold by Hospital, or alleges that Hospital has breached the terms of the contract of service or sale, or disputes that the contract of service or sale was entered into by the Responsible Party; (j) not submitted by Hospital for Settlement; and (k) arising from use of an IFS issued Hospital Revolving Credit Card that is not a Valid Hospital Revolving Credit Card.
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Disputed Account has the meaning set forth in Section 8.3 of this Agreement.
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Related to Disputed Account

  • Disputed Claims Reserve means a reserve of Cash that may be funded on or after the Effective Date pursuant to Article VII.E hereof.

  • Disputed Amounts as used in Section 11.9 below, means the amount that the Disputing Party contends is incorrectly billed.

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Disputed Claim means any Claim that is not Allowed.

  • Nominated Account means any of the accounts nominated by you from time to time for use with phone banking, internet banking or Credit External payments.

  • Disputed Item has the meaning set forth in Section 2.5(e).

  • Unallocated Account means the account maintained by us in your name on an Unallocated Basis pursuant to this agreement.

  • Disputed Items has the meaning set forth in Section 2.3(b).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

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

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Audited Accounts means the audited accounts of the Company and of each of the Subsidiaries and the audited consolidated group accounts of the Group for the financial period ended on the Balance Sheet Date;

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • Disputed means, with respect to any Claim or Interest, any Claim or Interest that is not yet Allowed.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Protected Account An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account.