Satisfactory credit definition

Satisfactory credit means that within the last year of service the Customer has not had service disconnected for nonpayment of a bill for services rendered and has received fewer than three (3) disconnection notices. The Company may not require an Applicant for service or an existing Customer with satisfactory credit to establish or reestablish credit.
Satisfactory credit means that within the last year of service the Customer has not had service disconnected for nonpayment of a bill for services rendered
Satisfactory credit means that the person or Applicant has had no water shut-off notices delivered, and/or temporary shut-off of service for nonpayment during the prior three-year period.

Examples of Satisfactory credit in a sentence

  • Satisfactory credit for a Reseller is defined as twelve consecutive months service as a Reseller without a termination for nonpayment and with no more than one notification of intent to terminate service for nonpayment.

  • Satisfactory credit can be demonstrated by a residential applicant by any of the subparagraphs listed below.

  • Satisfactory credit for residential deposits is defined as payment of the last twelve (12) consecutive monthly bills without more than two past due bills and without an outstanding unpaid previous balance.Satisfactory credit for non-residential deposits is defined as payment of the twenty-four (24) consecutive monthly bills.

  • Satisfactory credit means no late fees, NSF fees, or late payments.

  • Satisfactory credit may be established through prompt payment of all Carrier bills for a period of one year.

  • Satisfactory credit is defined as twelve consecutive months of service without a suspension of service for nonpayment or with no more than one notification of intent to suspend service for nonpayment.

  • A $20.00 service charge will be added to orders of less than $150.00 Credit: New Accounts – Satisfactory credit information must accompany initial order.

  • This Agreement may be terminated by either party for convenience upon sixty (60) days written notice to the other party, or for cause if either party fails substantially to perform through no fault of the other and does not commence correction within five (5) days of written notice and diligently completes the correction thereafter.

  • Satisfactory credit outcomes achieved in the context of the two credits are strongly correlated, at least partially, to the simplicity of the operations and the specificity of their objectives.

  • Satisfactory credit for a Customer is defined as twelve consecutive months of Service without Suspension for nonpayment and with no more than one notification of intent to Suspend Service for nonpayment.


More Definitions of Satisfactory credit

Satisfactory credit means credit that is not unsatisfactory credit.