Examples of Charged off in a sentence
Notwithstanding the standard of care specified in Section 3.02, the Servicer shall commence procedures for the repossession of any Manufactured Home or the foreclosure upon any Mortgaged Property with respect to a Contract, and to liquidate such Manufactured Home or Mortgaged Property, as soon as commercially reasonably practicable after the time when such Contract becomes a Charged off Contract (or sooner in the Servicer's reasonable judgment).
Initial accounts of revenue and works expenditure, Imprest stores, Store returns, Daybook, Half yearly review of imprest & surplus stores, Departmental stock verification, Charged off stores, Stores obtained for specific purpose, Register of works, T&P, adjustment memo, Adjustment bills, Ballast train returns, Revenue allocation registers, Departmental registers, Accounts of contractors.
Seller has taken commercially reasonable measures to protect the proprietary nature of each item of Seller Intellectual Property considered confidential, and to maintain in confidence all trade secrets and confidential information related to Seller Intellectual Property that it presently owns, possesses or uses.
Securitization Value Retained vehicles by lessee Early terminations Standard terminations Total retained by lessee Returned Vehicles Early terminations Standard terminations Total returned to dealer Charged off leases / Repossessed vehicles Repurchases Other Total terminations Net Credit (Gain) Loss Current Period Cumulative Agg.
For Dispositions not within the 90 day lag (as listed in FAQ 46), a zero or missing Net Sale Proceeds may be explained by Charged off loans (i.e., Zero Balance Code type of Foreclosure Alternative = 03), or REO dispositions (i.e., Zero Balance Code =09) in which proceeds from the counterparties (Seller/Servicers) come through Non-MIRecoveries.