Collection Policy means the collection policies of the Seller/Servicer, which are the practices and procedures employed in the servicing of Receivables as of the Closing Date, as described in Exhibit E hereto.
Credit and Collection Policy means the Originators’ credit and collection policies and practices relating to Contracts and Receivables existing on the date hereof and summarized in Exhibit VII hereto, as modified from time to time in accordance with this Agreement.
Valuation Policy has the meaning assigned to such term in Section 5.12(b)(ii)(B).
Credit and Collection Policies or “Credit and Collection Policy” means the policies, practices and procedures adopted by the Issuer on the Closing Date, including the policies and procedures for determining the creditworthiness of Obligors and the extension of credit to Obligors, or relating to the maintenance of those types of receivables and the related equipment and collections on those types of receivables and the related equipment.
Allocation Policy means the allocation policy of the Company adopted by the Managing Member in accordance with Section 5.1.
L/C Participation shall have the meaning provided in Section 3.3(a).
Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.
Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);
Cancellation Policy Day tour cancellations are accepted by phone, mail, or email to xxxxxxx.xxxxxxxxxx@xxxxxxx.xxx. Refunds will be provided within 30 days from the date of cancellation. The following cancellation penalties apply: Cancellation Penalty* 30 days or more before departure $10 processing fee + non-refundable show ticket cost (if applicable) 29 to 14 days before departure $40 + non-refundable show ticket cost (if applicable) 13 to 1 day before departure or “no shows” 100% of tour price (no refund) *Exceptions: In the event a travel provides his or her own replacement or a replacement traveler can be found, travelers will only be charged a $10.00 processing fee Cancellations for emergency medical reasons (accompanied by a doctor’s note) will be reviewed and exceptions are possible on a case-by-case basis. Bus America will always work with our vendors and passengers to maximize refunds in the case of unexpected medical emergencies. Responsibilities: Bus America reserves the right to make changes to a tour date or a tour itinerary due to unforeseen circumstances. Bus America, an operational division of Group Tours, Inc., acts as an agent in making and securing arrangements for group transportation, accommodations, meals, and activities. Bus America does not own, manage, control, or operate any vehicle, hotel, restaurant, or any other supplier of services. By accepting the program, you agree that neither Bus America nor any of their representatives shall be liable for any loss, injury, or damage to you or your belongings or in connection with any accommodations, transportation, or other services resulting directly or indirectly from any occurrences beyond their control.
Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Order Execution Policy We shall use our reasonable endeavours to execute any Order promptly, but in accepting your Orders we do not represent or warrant that it will be possible to execute such Order or that execution will be possible according to your Instructions. In general, we shall act according to instructions as soon as practically possible and shall, as far as trading Instructions are concerned, act in accordance with our Order Execution Policy. If, after instructions are received, we believe that it is not reasonably practicable to act upon such instructions within a reasonable time, we may defer acting upon those Instructions until it is, in our reasonable opinion, practicable to do so, or we may notify you that we are refusing to act upon such Instructions. We shall not be liable for any losses resulting from such deferral or refusal. If we encounter any material difficulty relevant to the proper carrying out of an Order on your behalf we shall notify you promptly. We shall carry out an Order on your behalf only when the relevant Market is open for dealings, and we shall deal with any Instructions received outside Market hours as soon as possible when that relevant Market is next open for business (in accordance with the rules of that Market). You agree that we may execute an Order on your behalf outside a Market. When you give us a specific Instruction, our Order Execution Policy may not apply, and we may be unable to take the steps described in such policy to obtain the best possible result in executing your Order. You confirm that you have read and agree to our Order Execution Policy as published from time to time on our Online Trading Facility. We will notify you of any material changes to our Order Execution Policy, but it is your responsibility to check for any other changes to our Order Execution Policy as published from time to time on our Online Trading Facility. We will consider the continued placement of Orders by you to constitute your continued consent to our Order Execution Policy as in effect from time to time.
Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.
Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.
Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).
Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.
Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.
Participating student means a student in kindergarten through
Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).
Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:
Non-Participating Prosthetic Provider means a Prosthetic Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.
Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.
Participating public employer means a public employer as defined in ORS 238.005 that
Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).
Specific contract participation goals means the goals as stipulated in the Preferential Procurement Regulations, 2001. In addition to above-mentioned goals, the Regulations [12. (1)] also make provision for organs of State to give particular consideration to procuring locally manufactured products.
Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.