Notification of Overdue Account definition

Notification of Overdue Account notification of the Overdue Account pursuant to article 3.1.1 above.
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Examples of Notification of Overdue Account in a sentence

  • Buyer in Default: a Buyer for whom You have or should have sent Us a Notification of Overdue Account.

  • You shall pay Us pursuant to the Special Terms a management fee for each Notification of Overdue Account.

  • Definitions Notification of Overdue Account: notification of the Overdue Account pursuant to article 3.1.1 above.

  • After the Notification of Overdue Account, You shall inform Us through our online system or the agreed form within the recovery notification period of any Recoveries received by You.

  • After the Notification of Overdue Account, You shall inform Us through our online system within the recovery notification period of any Recoveries received by You.

  • Notification of Overdue Account: notification of the Overdue Account pursuant to article 3.1.1 above.

  • For the purpose of this clause the Receivables Management Services are defined as follows: the services to be provided by the Debt Collection Agency in respect of the collection on your behalf and in your name of the Debts covered by Us either in full or in part and for which a Notification of Overdue Account was made.

  • You shall pay Us pursuant to the Schedule a management fee for each Notification of Overdue Account.

  • Notwithstanding the provisions of the article 4 of the General Terms, in case of Notification of Overdue Account relating to a Debt of your Covered Affiliate:  We shall notify You, of the Debt Collection Company your Covered Affiliate must entrust, within 30 days of our notification, to perform the collection actions as detailed in article 4.2 of the General Terms,  The mandate to Us to manage the collection actions as detailed in article 4.3 of the General Terms will not apply.

  • It is agreed that you are authorized to deduct credit notes raised to adjust of the concerned invoice before the time limit for Notification of Overdue Account of the corresponding Debt, from your activity declaration as detailed in the article 6.1 of the General Terms.

Related to Notification of Overdue Account

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Collection Accounts As defined in Section 3.10(a).

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Institution of higher learning means an educational institution located within this state meeting all of the following requirements:

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

  • Compliance account means a NOx allowance tracking system account, established by the U.S. EPA for a NOx budget unit under section 10 of this rule, in which the NOx allowance allocations for the unit are initially recorded and in which are held NOx allowances available for use by the unit for an ozone control period for the purpose of meeting the unit’s NOx budget emissions limitation.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.

  • Administration Account As defined in Section 7.02.

  • Yield Maintenance Account The separate trust account maintained and held by the Trustee pursuant to Section 3.16, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust on behalf of the Class A Certificateholders, and which account provides that the Trustee may make, or cause to be made, withdrawals therefrom in accordance with Section 3.16.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.