Special Payment Arrangement definition

Special Payment Arrangement means an arrangement other than one to pay off arrears in a series of installments. "Special payment arrangement" does not include deposit installment payment agreements or deferred payment agreements.
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Special Payment Arrangement or “SPA” means an alternative billing schedule provided by Defendants to Settlement Class Members to allow Settlement Class Members additional time to make Back Premium Payments, as more fully described in Section IV.A.1.
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Special Payment Arrangement means an alternative payment schedule selected by the Converted Policyholder, of up to a period of 36 months from the date on which the request for such alternative payment schedule was received by Accordia, in which such Converted Policyholders can pay Back Premium that was not automatically drafted or otherwise paid timely by the Converted Policyholder as a result of being in Conversion-Related Restricted Status.
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Examples of Special Payment Arrangement in a sentence

  • The utility shall in good faith attempt to establish a Special Payment Arrangement or any other payment arrangement that best addresses a particular customer’s situation, with any customer with whom it makes contact for the entire amount owed and for amounts expected to be incurred so that the customer's account will not be in arrears as of the subsequent November 1.

  • The utility shall offer at least one standardized Special Payment Arrangement to all residential customers.

  • For customers who the utility is unable to contact, the utility may automatically enroll these customers in an appropriate Special Payment Arrangement for the pending winter period, provided the utility notifies the customer in writing of the terms of the Special Payment Arrangement and offers the option of rejecting the terms or negotiating an alternative payment arrangement.

  • After March 1 and before May 31, the utility shall provide each customer who made a Special Payment Arrangement with a written statement of the total amount due and the amounts and payment schedule in order to pay the total amount by November 1.

  • Utilities must attempt to contact each customer that was on a Special Payment Arrangement the prior winter period, that did not meet the requirements of the Special Payment Arrangement, that has not been placed on an alternative payment arrangement, and that has an amount overdue of at least $100.00 as of November 1 and establish a payment arrangement.

  • The utility shall offer as a condition of the first Special Payment Arrangement offered to any customer during the current Winter Disconnection Period any no-cost energy conservation measures, including, but not limited to, an energy audit, offered by the utility.

  • Investigation and Special Payment Arrangement Plans for Special Needs Account Members: 1.

  • If the first payment arrangement is a Special Payment Arrangement, the utility shall offer at least one additional payment arrangement during the non-winter period.

  • The utility shall also inform the customer that, at the customer's request, the utility shall provide to any possible source of financial assistance for the customer the (1) total amount of arrearage; (2) the average monthly bill of the customer under one or more of the standard payment options offered by the utility; and (3) a statement that disconnection may result if the customer fails to enter into a Special Payment Arrangement or fails to make payments under a Special Payment Arrangement.

  • Between November 1 and April 1, utilities must offer customers the opportunity to enter into a Special Payment Arrangement, provided that the first payment will be due prior to April 15, when such an arrangement is the best option for keeping the customer’s bills affordable during the winter and summer period and ensuring that the customer is not disconnected.


More Definitions of Special Payment Arrangement

Special Payment Arrangement means an arrangement between the ratepayer and the City to pay outstanding rates, outside of the formal instalment options stated on the rates notice.
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Special Payment Arrangement or “SPA” means a payment arrangement in which the customer may pay less than the full amount of bills as they become due. Special Payment Arrangements must require that the customer make regular monthly payments established according to the guidelines set forth in Section 9 of Chapter 815 of the Commission’s rules.
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Related to Special Payment Arrangement

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Company, any of its Restricted Subsidiaries, or any Receivables Entity for the purpose of providing credit support for one or more Receivables Entities or any of their respective securities, debt instruments, obligations or other Indebtedness.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Cash Pooling Arrangements means a deposit account arrangement among a single depository institution, CDW and one or more Foreign Subsidiaries involving the pooling of cash deposits in and overdrafts in respect of one or more deposit accounts (each located outside of the United States and any States and territories thereof) with such institution by CDW and such Foreign Subsidiaries for cash management purposes.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

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

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Advance Payment Contract means any contract whereby any Credit Party either (a) receives or becomes entitled to receive (either directly or indirectly) any payment (an “Advance Payment”) to be applied toward payment of the purchase price of Hydrocarbons produced or to be produced from Oil and Gas Interests owned by any Credit Party and which Advance Payment is, or is to be, paid in advance of actual delivery of such production to or for the account of the purchaser regardless of such production, or (b) grants an option or right of refusal to the purchaser to take delivery of such production in lieu of payment, and, in either of the foregoing instances, the Advance Payment is, or is to be, applied as payment in full for such production when sold and delivered or is, or is to be, applied as payment for a portion only of the purchase price thereof or of a percentage or share of such production; provided that inclusion of the standard “take or pay” provision in any gas sales or purchase contract or any other similar contract shall not, in and of itself, constitute such contract as an Advance Payment Contract for the purposes hereof.

  • Termination Payments has the meaning specified in Section 10(a).

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Payment Agreement means a written agreement which provides

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Reimbursement Amount As defined in Section 2.04.

  • Repayment Agreement means an agreement

  • Termination Payment has the meaning set forth in Section 6.03.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Reimbursement Amounts As defined in Section 3.22.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Servicing Arrangement is defined in Section 11.06(b).

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).