Not in Good Standing definition

Not in Good Standing means in respect of a loan of which:
Not in Good Standing in respect of a loan, means a loan in respect of which (i) any payment of principal or interest is 90 days or more overdue, (ii) interest is not being accrued on the books of the Bank because it is doubtful whether the principal or interest will be paid or recovered, or (iii) the rate of interest is reduced by the Bank because the borrower is financially weak.
Not in Good Standing means that an apprentice registered with this committee has failed to comply with their responsibilities and duties as outlined in Section 11. Apprentice Duties and Responsibilities.

Examples of Not in Good Standing in a sentence

  • At the direction of the Bank, LM shall cancel BankCard AM previously issued by the Bank to a Collector who is the holder of the AM BankCard and who is Not in Good Standing at the date of the direction.

  • The Bank shall not direct LM to cancel BankCard AM issued to Collectors who were Not in Good Standing prior to the Effective Date.

  • I do not engage in abusive behavior as defined in your “Limitation of Services for Members Not in Good Standing Policy” disclosure set forth in this Disclosure and Agreement and posted on the Credit Union’s website.

  • Failure to return any Village issued items shall result in the value of the missing items being withheld from the employee's final pay or a status of "Not in Good Standing" in their personnel file.

  • Termination by City or Separation Not in Good Standing, as defined in Article 12 - no payment of accrued sick leave regardless of years of service.


More Definitions of Not in Good Standing

Not in Good Standing. For the purposes of this Section 8.6, a Collector who is the holder of an AM BankCard who has a minimum payment that remains unpaid for three or more billing periods or whose AM BankCard has been suspended from further activity or has been cancelled is Not in Good Standing. The Bank may at any time and from time to time change the definition of “Not in Good Standing”. The Bank shall provide reasonable advance notice to LM of every such change.
Not in Good Standing means a student who is subject to the following restrictions: ineligibility to hold an office in any student organization recognized by the University or to hold any elected or appointed position within the University; Ineligibility to compete in intercollegiate athletic activity; ineligibility to represent the University in any capacity, including representing the University at any official function; and, ineligibility to receive a University-administered scholarship or fellowship when the sanction is in place for longer than one semester.
Not in Good Standing means the business entity is not in compliance with one or more Maryland laws that apply to businesses and their responsibilities in this State. Only business entities that are active can have a good standing status, so a business that has been voluntarily terminated will also show “not in good standing” because it is no longer active.
Not in Good Standing means that an employee has left county service under negative circumstances which the county considers as sufficient cause not to re‐hire the person. Circumstances which can result in a designation of “not in good standing” include, but are not limited to, discharge, resignation without 2 weeks advance notice, resignation due to absence without approved leave for 3 days, and failure to return from an approved leave of absence upon the required/approved return date.
Not in Good Standing which shall mean that the charitable trust is not properly registered, is more than 6 months in arrears in its submission of complete annual reports, has otherwise failed to comply with statutory or rule requirements, currently is under investigation, or is subject to sanction, revocation, or penalty by the charitable trusts unit or by a court or regulatory agency of the United States government, New Hampshire, or another state; or
Not in Good Standing means in default of any obligation to the Cooperative under a Member Agreement, a Promissory Note, these Bylaws, or any other agreement between the Member and the Cooperative; or in contravention of the Feeder Act, the Feeder Regulations, or any order made under the Feeder Act or the Feeder Regulations;
Not in Good Standing means a Lot Owner in default of any Assessment against his Lot or with a violation of the Declaration of Protective Covenants or these Bylaws. A Lot Owner “Not in Good Standing” is ineligible to vote on any matters properly before the Membership.