Good Payment History definition

Good Payment History means no payments 60 or more days past due within two years and no payments 30 or more days past due within one year of the later of (a) the cancellation date, or (b) the date you submit a request for cancellation.
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Good Payment History means that the Contracting Retailer has paid to us any sum it must pay us under the Contract on or before the due date and has provided the required credit support as required under the Contract;
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Good Payment History means a customer is deemed to have a good payment history unless, the customer has received more than one disconnection notice from Tillsonburg Hydro Inc., more than one cheque given to Tillsonburg Hydro Inc. by the customer has been returned for insufficient funds, more than one pre-authorized payment to Tillsonburg Hydro Inc. has been returned for insufficient funds or a disconnect/collect trip has occurred in one year in the case of a residential customer, in the previous 5 years in the case of a non-residential customer in a <50 kW demand rate class or in the previous 7 years in the case of a non-residential customer in any other rate class. The time period that makes up the good payment history must be the most recent period of time and some of the time period must have occurred in the previous 24 months.
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Examples of Good Payment History in a sentence

  • Good Payment History of 1 year will exempt residential customer from payment of a deposit.

  • A Residential Customer will not be required to provide a security deposit to Niagara Peninsula Energy, provided that the Customer has a Good Payment History (GPH), as of the date that this policy comes into force, and provided further that the Customer maintains that Good Payment History.

  • The association was located within the municipality offices in Port Elizabeth and they provided a range of services to Somalis.

  • Good Payment History (GPH)A Good Payment History is maintained by not having any of the events outlined in Section 4.10 occur within the time period established for each customer class.

  • A Good Payment History, as determined by the OEB, is maintained by not having any of the events outlined in Section 9.0 occur within a time period established for each Customer class.

  • Reduction for Good Payment History(MR Ch.2 ss.5.8.3, 5.8.4 and 5.8.5)Eligible market participants may apply to have their prudential support obligation for physical transactions reduced by requesting a reduction to their maximum net exposure based on evidence from the market participants’ electricity purchases in Ontario (refer to Appendix C: Good Payment History).

  • Reduction for Good Payment HistoryIf(MR Ch.2 ss.5.8.3, 5.8.4 and 5.8.5)Eligible market participants elect the margin call option, they may apply to havetheir prudential support obligation for physical transactions reduced by requesting a reduction to their maximum net exposure based on evidence from the marketparticipants’ electricity purchases in Ontario (refer to Appendix C: Good Payment History).

  • In addition, vessel crews often regard ports as a refuge, where everything is safe.

  • Security Deposit Reductions for Good Payment History Hydro One will reduce the security deposit amount required from an Embedded Distributor based on the following good payment history time periods that are supported by a reference letter from Ontario Power Generation Inc.

  • If Borrower demonstrates a Good Payment History, Lender will notify Borrower in writing that the Note Rate has decreased.


More Definitions of Good Payment History

Good Payment History means that a student has had fewer than two (2) payments returned for non-sufficient funds, fewer than three (3) late payments, and is current on their payment plan.
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Good Payment History means no payments sixty (60) or more days past due within two (2) years and no payments thirty (30) or more days past due within one (1) year of the cancellation date.
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Related to Good Payment History

  • Interim Payment has the meaning specified in Section 10.1.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Net Payment means the amount the Issuer or any paying agent pays the Holder after deducting or withholding an amount for or on account of any present or future tax, assessment or other governmental charge imposed with respect to that payment by a taxing authority (including any withholding or deduction attributable to additional amounts payable pursuant to this Section).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Delta Payment means as it is described in this Agreement.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.4 of this Regulation.

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Funding and Payment Office means (i) the office of Administrative Agent and Swing Line Lender located at Xxx Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx or (ii) such other office of Administrative Agent and Swing Line Lender as may from time to time hereafter be designated as such in a written notice delivered by Administrative Agent and Swing Line Lender to Company and each Lender.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Invoicing and Payment Policy means the invoicing and payment policy. A copy of our current Invoicing and Payment Policy is attached as Exhibit B.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).