Stop Credit definition

Stop Credit means the client’s advertising account has been frozen until full payment has been received.
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Examples of Stop Credit in a sentence

  • The Debtor will receive written notification from the Town to their last known address of the Stop Credit.

  • Where debtors do not make payment within the Town’s nominated payment terms, or enter into an approved payment arrangement, the Manager Financial Services is authorised to impose Stop Credit on the account.

  • Although the Stop Credit Discrimination in Employment Act of 2015 goes a long way to protect New York City residents against employers’ use of consumer credit history in hiring, compensation, and other terms and conditions of employment, credit history continues to be essential for accessing housing and other essentials of life, including insurance.7 Further, when judgment creditors enforce default judgments—through income garnishment and bank restraints—litigants often suffer considerable hardship.

  • Every order or group of orders displayed on the DOCS screen with an “L” (Credit Limit Exceeded) which displays the following criteria must be referred to Xxxxx Xxxxxxx, Xxx Xxxxxxxxxx, Xxxx Xxxxxx or Xxxx Xxxxxx for approval to release them from Stop Credit: The referral must be supported by a print of the relevant SLAD screens onto which must be written the order number(s) and value(s).

  • The purpose of the Act: New York City enacted the Stop Credit Discrimination in Employment Act in 2015 to address a serious human rights concern.

  • Go to the Transactions > Debtor Receipts > Debtor Receipt.2. Enter the Debtor Receipts, including the amount of the Debtor Receipt.3. Uncheck the Stop Credit checkbox.4. Complete and save the transaction.Making a Debtor Account InactiveMaking a Debtor account inactive will hide it from the default search view, and from search lookups from other transaction windows.

  • This could be a meter reading that is less than the previous meter reading or the Customer being on Stop Credit due to other outstanding accounts.2. Depending on why the Exception occurred, select either the Accept Invoice button or Remove Invoice button.

  • If the event has been enabled, this action may be silently logged, or you may be prompted to select an event reason and enter any additional explanatory notes for this action.To clear the Stop Credit status in the Debtor Receipts window when processing a debtor receipt for the account:1.

  • Note: You cannot clear the Stop Credit status unless you process a Debtor Receipt in this window.

  • If RELN does not receive payment in full by the due date, then RELN may without notice place the Customer on Stop Credit and suspend supply of Goods until payment including any applicable interest charge is received in full and the Customer cannot make any claim (of any nature) if RELN elects to do so.

Related to Stop Credit

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Credit Account is modified to read “Grant Account”.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Federal credit means the Low Income Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

  • Eligible Letter of Credit means, as of any date of determination thereof, a Letter of Credit which supports the purchase of Inventory, (i) which Inventory does not constitute Eligible In-Transit Inventory and for which no documents of title have then been issued, (ii) which Inventory, when completed, otherwise would constitute Eligible Inventory, (iii) which Letter of Credit has an expiry within thirty (30) days of the date of initial issuance of such Letter of Credit, and (iv) which Letter of Credit provides that it may be drawn only after the Inventory is completed and after documents of title have been issued for such Inventory reflecting the Borrower, a Subsidiary Guarantor or the Administrative Agent as consignee of such Inventory.

  • New Credit Facility is defined in Section 9.8.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • Letter of Credit Accommodations means, collectively, the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Agent or any Lender for the account of any Borrower or Obligor or (b) with respect to which Agent or Lenders have agreed to indemnify the issuer or guaranteed to the issuer the performance by any Borrower or Obligor of its obligations to such issuer; sometimes being referred to herein individually as "Letter of Credit Accommodation".

  • 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.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

  • Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.

  • Supporting Letter of Credit has the meaning specified in Section 2.3(g).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Equity Line of Credit shall have the meaning ascribed to such term in Section 4.13.

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • Dual credit means the system under which an eligible high school student enrolls in college course(s) and receives credit for the course(s) from both the college and high school.