Credit and Deposits Required Sample Clauses

Credit and Deposits Required. Texpo may check your credit and require a deposit subject to applicable law and rules, in which you grant Texpo a first priority security interest to secure your payment of all amounts due hereunder. The total of your deposit may not exceed an amount equivalent to the greater of (i) the sum of the estimated xxxxxxxx for the two highest months (as may be reasonably forecasted by Texpo); (ii) one-fifth of the estimated annual billing; or (iii) the amount permitted by the Customer Rules (xxxx://xxx.xxx.xxxxx.xx.xx/rules/subrules/electric.) Texpo reserves the right to refuse service if your credit is not acceptable to Texpo. Any deposit required from you hereunder shall be paid within 10 days notice. If you become unable to pay your debts when they are due, Texpo may require a deposit payment within only 10 business days notice, or Texpo may immediately terminate this Agreement. You will earn a rate of interest at the rate established by law (0.34% per year as of December 2009 or as the rate may be adjusted by the PUCT as posted in the most recent December PUCT News Release found at xxxx://xxx.xxx.xxxxx.xx.xx/nrelease/index.cfm) on any deposit retained by Texpo for longer than 30 days. Accrued interest will be applied to your account annually. Upon termination of your Agreement, Texpo will apply any deposit plus accrued interest against your outstanding balance on your final xxxx, and Texpo will then xxxx you for the remaining balance. If there is a credit, Texpo will refund the balance directly to you. If you make timely payments to Texpo during 24 consecutive months of xxxxxxxx then, to the extent required by law, Texpo will refund or apply any deposit plus accrued interest against your xxxx. Your initial deposit requested during enrollment was based on our estimations and the usage and demand information that you provided during enrollment. Upon obtaining your more complete usage and demand history, if Texpo determines in its sole discretion that you inserted inaccurate figures, or if the figures you inserted do not accurately reflect your historical, actual or projected usage and demand patterns, then Texpo, in Texpo’s sole discretion, shall have the right to reject your enrollment application or adjust your initially requested deposit upwards or downwards to reflect your historical, actual and projected usage profile, usage and demand; and if such an additional deposit is so required, then you will not become a customer of Texpo until you pay such additio...
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Related to Credit and Deposits Required

  • CREDIT AND COLLATERAL REQUIREMENTS The applicable credit and collateral requirements are specified on the Cover Sheet.

  • MARGINS AND DEPOSIT REQUIREMENTS 8.1 Customer shall provide to and maintain with AvaTrade margin in such amounts and in such forms as AvaTrade, in its sole discretion, may require.

  • DEPOSIT OF FUNDS REQUIREMENTS Funds may be deposited to any account, in any manner approved by the Credit Union in accordance with the requirements set forth in the Truth-in-Savings Disclosure. Deposits made by mail, at night depositories, or at unstaffed facilities are not our responsibility until we receive them. We reserve the right to refuse or to return any deposit.

  • WITHDRAWALS AND DEPOSITS Unless You have made other arrangements with Us, amounts credited to Your Account as a result of deposits using the Debit Card will not be available for withdrawal until the deposits are verified and negotiable items such as cheques are paid. Withdrawals or transfers effected by the use of the Debit Card will be debited to Your Account at the time they are made. You will not deposit any coins or worthless, counterfeit or fraudulent items to Your Account, into any ATM, or using Your Mobile Device, and will pay to Us any damages, costs or losses suffered by Us as a result of any such deposit.

  • CREDIT AND COLLATERAL EXCEPTIONS (1) Within ninety (90) days the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

  • Facility Requirements 1. Maintain wheelchair accessibility to program activities according to governing law, including the Americans With Disabilities Act (ADA), as applicable.

  • Subsidy Requests and Reporting Requirements 1. The Grantee or Management Company shall complete a CRF Subsidy Request Report - Recap of Tenant Income Certification, which provides a unit-by-unit listing of all units in the Development for whom assistance is being requested and gives detailed information including the occupants’ eligibility, set-aside requirements, amount of household rent paid, utility allowance and amount of CRF Rental Subsidy requested.

  • Credit Approval and Deposits Initial and ongoing delivery of Services may be subject to credit approval. Customer shall provide Comcast with credit information requested by Comcast. Customer authorizes Comcast to make inquiries and to receive information about Customer’s credit history from others and to enter this information in Customer’s records. Customer represents and warrants that all credit information that it provides to Comcast will be true and correct. Comcast, in its sole discretion, may deny the Services based upon an unsatisfactory credit history. Additionally, subject to applicable regulations, Comcast may require Customer to make a deposit (in an amount not to exceed an estimated two-month's charge for the Services) as a condition to Comcast’s provision of the Services, or as a condition to Comcast’s continuation of the Services. The deposit will not, unless explicitly required by law, bear interest and shall be held by Comcast as security for payment of Customer's charges. If the provision of Service to Customer is terminated, or if Comcast determines in its sole discretion that such deposit is no longer necessary, then the amount of the deposit will be credited to Customer's account or will be refunded to Customer, as determined by Comcast.

  • Credit Requirements The amount to be secured by the User from [date] is set out in the Secured Amount Statement issued from time to time and as varied from time to time in accordance with Section 2 of the CUSC.

  • SMALL BUSINESS PARTICIPATION AND DVBE PARTICIPATION REPORTING REQUIREMENTS a. If for this Contract Contractor made a commitment to achieve small business participation, then Contractor must within 60 days of receiving final payment under this Contract (or within such other time period as may be specified elsewhere in this Contract) report to the awarding department the actual percentage of small business participation that was achieved. (Govt. Code § 14841.)

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