Satisfactory payment history definition

Satisfactory payment history means that a member’s account was not delinquent in the last 12 months.
Satisfactory payment history means that a member's account was not delinquent more than 1 time in the past 12 months.
Satisfactory payment history means that a customer’s account was not delinquent more than 1 time in the past 12 months. A customer shall not be deemed delinquent in any months where the customer is complying with a winter protection plan or a settlement agreement or if the department of human services or its successor agency has been responsible for making payments to a utility on the customer’s behalf.‌

Examples of Satisfactory payment history in a sentence

  • WHAT A SURETY LOOKS FOR (CONT.) THE REST OF YOUR STORY🞭 Experience and reputation in your industry.🞭 Key personnel.🞭 Size of jobs completed.🞭 Work on hand – bonded and un-bonded.🞭 Length of job,🞭 Satisfied customers.🞭 Satisfactory payment history - subcontractors and suppliers.🞭 Bank relationship.🞭 Line of credit.


More Definitions of Satisfactory payment history

Satisfactory payment history means that the customer’s record of payment with the City for the past 12 months indicates no terminations for nonpayment and no more than two returned checks.

Related to Satisfactory payment history

  • Reasonable payment means, with respect to professional and other technical services, a payment in an amount that is consistent with the amount normally paid for such services in the private sector.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who has 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.

  • Non-Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist 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.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

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

  • Interim Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment], other than the Final Payment Certificate.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Warranty Purchase Payment means, with respect to a Payment Date and to a Warranty Receivable repurchased by the Seller as of the close of business on the last day of the related Collection Period, the sum of (a) the unpaid principal balance owed by the Obligor in respect of such Receivable plus (b) interest on such unpaid principal balance at a rate equal to the related APR to the last day in the related Collection Period.

  • Final Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].

  • Request regarding a statement of account means a record authenticated by a debtor requesting that the recipient approve or correct a statement indicating what the debtor believes to be the aggregate amount of unpaid obligations secured by collateral as of a specified date and reasonably identifying the transaction or relationship that is the subject of the request.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Substance Abuse Professional (SAP) means a qualified person who evaluates employees who have violated a DOT drug and alcohol regulation and makes recommendations concerning education, treatment, follow-up testing, and aftercare.

  • Stage Payment Statement shall have the meaning set forth in Clause 19.4; “Structures” means an elevated road or a flyover, as the case may be;

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Payment Schedule ’ means a schedule which sets out—

  • Upfront Payment has the meaning set forth in Section 4.1.

  • 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.

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

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Estimated Social Security means, for an employee covered by Social Security, an employee's estimated OASDI retirement benefit. The benefit is based upon an estimated "average indexed monthly earnings" for an employee retiring at age 65 in 2021 - it does not include any amounts which might be payable to an eligible spouse or children.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

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