Collectability definition

Collectability. ’ means the ability of the de- partment of revenue to collect, and the ability of the taxpayer to pay, the tax liability.

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Collectability means the right to demand or claim payment to the Debtor in respect of a Transferred Receivable.

Collectability means, in respect of a Purchased Receivable, (other than in respect of a Customer's ability or willingness to pay (unless such affected Purchased Receivable did not comply with the Eligibility Criteria as of the Cut-Off Date)) the ability to collect or the amount collected or the timing of collecting in respect of such Purchased Receivable;

Examples of Collectability in a sentence

• Funds you deposit by check may be delayed for up to the seventh (7th) Business Day after the day of your deposit under the following circumstances: • Reasonable Cause to Doubt Collectability We have reasonable cause to doubt the collectability of the check.

• Funds you deposit by check may be delayed for a longer period under the following circumstances: Reasonable Cause to Doubt Collectability We have reasonable cause to doubt the collectability of the check.

• The Lender shall prepare and deliver to the Rural Center a Monthly Report/Payment Distribution Summary as described in Section 6.1.B. The Lender will also submit within 30 days of June 30 and December 31 of each calendar year a Semiannual Assessment of Collectability with supporting documentation adequate to allow the Rural Center to establish an allowance for loan losses for each outstanding Participation purchased by the Rural Center.

• Collectability of receivables is controlled currently and strictly by the Executive Director, Finance Director and Commercial Director in accordance with the established credit policy of the Company.

• The following information is required to be provided cumulatively by the borrower and lender, for each GA LPP enrolled loan, on a quarterly basis, using the attached Quarterly Assessment of Collectability Form.

More Definitions of Collectability

Collectability means a well‐insured defendant. The impact on tort law in action is most obvious and expected for claims against individuals. But field research on securities litigation shows that it occurs in the corporate context as well. Plaintiffs’ lawyers plead strategically, crafting their pleadings to avoid coming within exclusions in the liability insurance policies that provide coverage for their claims. (Baker & Griffith 2010) The lawyers explain that, even in the corporate context, “it is just easier to get money out of an insurance company.” (Id)

Collectability means, in respect of a Purchased HP Contract (other than in respect of a Debtor’s ability or willingness to pay (unless such affected HP Contract did not comply with the Eligibility Criteria as of the Purchase Cut-Off Date)), the ability to collect or the amount collected or the timing of collecting in respect of such Purchased HP Contract.