Charge-Off Policy definition

Charge-Off Policy means the Servicer’s Charge-Off Policy, as set forth in Exhibit [ ] hereto.
Sample 1Sample 2Sample 3
Charge-Off Policy means the policy of Servicer for the charge off of loans included in its servicing portfolio, a complete and correct copy of which is attached hereto as Exhibit B, which policy may be modified or amended from time to time by Servicer in accordance with Accepted Servicing Practices and with notice thereof to Purchaser within five (5) Business Days (or such lesser number of days as may be agreed to by Purchaser) after such modification or amendment.
Sample 1Sample 2Sample 3
Charge-Off Policy means The Finance Company Charge-Off Policy ----------------- attached hereto as Exhibit E.
Sample 1Sample 2

Examples of Charge-Off Policy in a sentence

  • Review, Approve and Authorize the Write-Off of Quarterly Uncollectible Debt in Accordance with the Adopted Accounts Receivable Charge Off Policy (Holt, Dogias, Gillette) Approved recommended action on Consent.

  • Review, Approve and Authorize the Write-Off of Quarterly Uncollectible Debt in Accordance with the Adopted Accounts Receivable Charge Off Policy (Dogias)Approved recommended action on Consent.

  • ADJOURNMENT Adjourned in memory of: Larry WrightNoah MoyleNext meeting is May 22, 2019 at 3:00 p.m.Yolo County Housing 7.Meeting Date: 05/22/2019 InformationSUBJECTReview, Approve and Authorize Write-Off of Uncollectible Debt in Accordance with the Adopted Accounts Receivable and Charge Off Policy for Public Housing (Dogias, Inman) Staff ReportAttachments Form ReviewForm Started By: Julie Dachtler Started On: 05/17/2019 03:33 PM Final Approval Date: 05/17/2019Yolo County Housing 147 W.

  • ADJOURNMENT Next meeting is July 11, 2018 Will Arnold, Chair Yolo County Housing Julie Dachtler, Clerk Yolo County HousingYolo County Housing 5.Meeting Date: 07/11/2018 InformationSUBJECTReview, Approve and Authorize the Write-Off of Quarterly Uncollectible Debt in Accordance with the Adopted Accounts Receivable Charge Off Policy (Dogias) Staff ReportAttachments Form ReviewForm Started By: Julie Dachtler Started On: 07/06/2018 11:28 AM Final Approval Date: 07/06/2018Yolo County Housing 147 W.

  • Pursuant to Government Code Section 54957Position title: Chief Executive Officer ADJOURNMENT Next meeting is March 18, 2020Yolo County Housing 5.Meeting Date: 04/15/2020 InformationSUBJECTReview, Approve and Authorize the Write-Off of 2nd Quarter Uncollectible Debt in Accordance with the Adopted Accounts Receivable Charge Off Policy (Dogias, Holt) Staff ReportAttachments Form ReviewForm Started By: Julie Dachtler Started On: 04/10/2020 03:51 PM Final Approval Date: 04/10/2020Yolo County Housing 147 W.

  • Loan extensions will be conducted and managed based on the Loan Extension policy as outlined in the Collection and Charge Off Policy.

  • Review, Approve and Authorize the Write-Off of 2nd Quarter Uncollectible Debt in Accordance with the Adopted Accounts Receivable Charge Off Policy (Dogias, Holt)Approved recommended action on Consent, with the clarification the write-off is for the 3rd Quarter, instead of the 2nd.

  • Promptly following any Loan satisfying the charge off criteria as set forth in its Charge Off Policy, Servicer shall, in accordance with the Charge-Off Policy, charge off the related Loan (the date of such charge-off being the “Charge Off Date” and each such Loan, a “Charged Off Loan”).

  • Deb created a new policy, Charge Off Policy #2022-1, with date approved, for responsible management of loss and uncollectible accounts.

  • Patient Billing, Collection and Charge Off Policy provided on a separate attachment.Mr. Davis asked if any rabies incidents have been reported in the last six months.


More Definitions of Charge-Off Policy

Charge-Off Policy means the Charge-Off Policy as set forth in Exhibit D hereto, as such policy may be amended, supplemented or otherwise modified with the prior written consent of the Note Insurer.
Sample 1Sample 2
Charge-Off Policy has the meaning assigned thereto in Appendix A to the Sale and Servicing Agreement.
Sample 1Sample 2
Charge-Off Policy the policy for the charge off of credit card accounts included in Company’s servicing portfolio, a complete and correct copy of which shall be agreed by the Parties and attached hereto as Exhibit J, and which may be modified or amended only at the direction of or with the consent of Bank.
Sample 1
Charge-Off Policy means the Servicer’s charge-off policy, attached as Exhibit D-2.
Sample 1
Charge-Off Policy means the policy adopted by Borrower and Parent to determine when Accounts (as defined in the Security Agreement) of the Borrower and the Parent, including but not limited to insurance commissions, should be written off or written down due to the risk of non-collection. A copy of the Charge-Off Policy is attached to this Credit Agreement as Exhibit H.
Sample 1
Charge-Off Policy means Parent’s charge-off policy, as set forth on Exhibit I, as such may be updated from time to time pursuant to the terms of this Agreement.
Sample 1

Related to Charge-Off Policy

  • Charge-Off means, for any period with respect to a particular Shared-Loss Asset, the amount of a loan or portion of a loan classified as “Loss” under the Examination Criteria as effected by the Assuming Institution and reflected on its Accounting Records for such period, consisting solely of a charge-off of the following:

  • Charge-Offs means, with respect to any Shared-Loss Assets for any period, an amount equal to the aggregate amount of loans or portions of loans classified as “Loss” under the Examination Criteria, including (a) charge-offs of (i) the principal amount of such assets net of unearned interest (including write-downs associated with Other Real Estate, Additional ORE, Subsidiary ORE or loan modification(s)) (ii) Accrued Interest, and (iii) Capitalized Expenditures plus (b) Pre-Charge-Off Expenses incurred on the respective Shared-Loss Loans, all as effected by the Assuming Bank during such period and reflected on the Accounting Records of the Assuming Bank; provided, that: (i) the aggregate amount of Accrued Interest (including any reversals thereof) for the period after Bank Closing that shall be included in determining the amount of Charge-Offs for any Shared-Loss Loan shall not exceed ninety (90) days’ Accrued Interest; (ii) no Charge-Off shall be taken with respect to any anticipated expenditure by the Assuming Bank until such expenditure is actually incurred; (iii) any financial statement adjustments made in connection with the purchase of any Assets pursuant to this Purchase and Assumption Agreement or any future purchase, merger, consolidation or other acquisition of the Assuming Bank shall not constitute “Charge-Offs”; and (iv) except for Portfolio Sales or any other sales or dispositions consented to by the Receiver, losses incurred on the sale or other disposition of Shared-Loss Assets to any Person (other than the sale or other disposition of Other Real Estate, Additional ORE or Subsidiary ORE to a Person other than an Affiliate of the Assuming Bank which is conducted in a commercially reasonable and prudent manner) shall not constitute Charge-Offs.

  • Investor Charge-Off means, for a Payment Date, the excess, if any, of the amount of the unfunded Investor Default Amount for that Payment Date over the amount of the Investor Default Amount applied to reduce the Available Subordinated Amount under Section 4.3 of the Indenture Supplement for that Payment Date.

  • Net Charge-Offs means, with respect to any period, an amount equal to the aggregate amount of Charge-Offs for such period less the amount of Recoveries for such period.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Investor Charge-Offs means Class A Investor Charge-Offs, Class B Investor Charge-Offs and Collateral Charge-Offs.

  • Pre-Charge-Off Expenses means those expenses incurred in the usual and prudent management of a Shared-Loss Loan that would qualify as a Reimbursable Expense or Recovery Expense if incurred after a Charge-Off of the related Shared-Loss Asset had occurred.

  • Statement of Policy means the summary explanation of information and facility policies

  • Private Securities Transaction means any securities transaction relating to new offerings of securities which are not registered with the Securities and Exchange Commission, provided however that transactions subject to the notification requirements of Rule 3050 of the Financial Industry Regulatory Authority’s (FINRA) Conduct Rules, transactions among immediate family members (as defined in the interpretation of the FINRA Board of Governors on free-riding and withholding) for which no associated person receives any selling compensation, and personal securities transactions in investment company and variable annuity securities shall be excluded.

  • Securities Transaction means a purchase of or sale of Securities.

  • Discharge of Senior Lender Claims means, except to the extent otherwise provided in Section 5.7 below, payment in full in cash (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) of (a) all Obligations in respect of all outstanding Senior Lender Claims and, with respect to letters of credit or letter of credit guaranties outstanding thereunder, delivery of cash collateral or backstop letters of credit in respect thereof in compliance with the Credit Agreement, in each case after or concurrently with the termination of all commitments to extend credit thereunder and (b) any other Senior Lender Claims that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid; provided that the Discharge of Senior Lender Claims shall not be deemed to have occurred if such payments are made with the proceeds of other Senior Lender Claims that constitute an exchange or replacement for or a refinancing of such Obligations or Senior Lender Claims. In the event the Senior Lender Claims are modified and the Obligations are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, the Senior Lender Claims shall be deemed to be discharged when the final payment is made, in cash, in respect of such indebtedness and any obligations pursuant to such new indebtedness shall have been satisfied.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Insurance Affordability Program means a program that is one of the following:

  • Financing of Terrorism means the provision or collection of funds, by any means, directly or indirectly, with the intention that they should be used or in the knowledge that they are to be used, in full or in part, in order to carry out any of the offences within the meaning of Articles 1 to 4 of the EU Council Framework Decision 2002/475/JHA of 13 June 2002 on combating terrorism.

  • Discharge of Term Obligations means the payment in full in cash of all outstanding Term Obligations (other than contingent indemnity obligations with respect to then unasserted claims).

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • Securities Trading Act means the Securities Trading Act of 2007 no.75 of the Relevant Jurisdiction.

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Discharge of ABL Obligations has the meaning specified in the Intercreditor Agreement.

  • Discharge of Obligations subject to Section 10.8, the satisfaction of the Obligations (including all such Obligations relating to Cash Management Services) by the payment in full, in cash (or, as applicable, Cash Collateralization in accordance with the terms hereof) of the principal of and interest on or other liabilities relating to each Loan and any previously provided Cash Management Services, all fees and all other expenses or amounts payable under any Loan Document (other than inchoate indemnification obligations and any other obligations which pursuant to the terms of any Loan Document specifically survive repayment of the Loans for which no claim has been made), and other Obligations under or in respect of Specified Swap Agreements and Cash Management Services, to the extent (a) no default or termination event shall have occurred and be continuing thereunder, (b) any such Obligations in respect of Specified Swap Agreements have, if required by any applicable Qualified Counterparties, been Cash Collateralized, (c) no Letter of Credit shall be outstanding (or, as applicable, each outstanding and undrawn Letter of Credit has been Cash Collateralized in accordance with the terms hereof), (d) no Obligations in respect of any Cash Management Services are outstanding (or, as applicable, all such outstanding Obligations in respect of Cash Management Services have been Cash Collateralized in accordance with the terms hereof), and (e) the aggregate Commitments of the Lenders are terminated.

  • Discharge of Credit Agreement Obligations means, with respect to any Shared Collateral, the Discharge of the Credit Agreement Obligations with respect to such Shared Collateral; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing of such Credit Agreement Obligations with additional First Lien Obligations secured by such Shared Collateral under an Additional First Lien Document which has been designated in writing by the Administrative Agent (under the Credit Agreement so Refinanced) to the Additional First Lien Collateral Agent and each other Authorized Representative as the “Credit Agreement” for purposes of this Agreement.