Customer Accommodation definition
Customer Accommodation shall have the meaning ascribed to such term in the Contingent Payment Agreement.
Customer Accommodation. An amount paid by SPS to a customer, or a credit by SPS to a customer’s account, in either case after the Option Closing Date, that (x) does not qualify as a Customer Reversal and (y) is a consequence of the customer alleging a Mortgage Loan Servicing Error or SPS identifying a Mortgage Loan Servicing Error, in each case which (i) occurred prior to the Option Closing Date (and which may or may not have continued thereafter) and (ii) SPS believes is reasonably likely to result in Private Litigation or a Regulatory Action; provided, however, that in no event will any Customer Accommodation (i) also be included in any calculation of Designated Litigation Expenses, (ii) include any amounts payable in connection with a Private Litigation or Regulatory Action or (iii) include any matter related to the Specified Disputes.
Customer Accommodation has the meaning specified in the definition of "Eligible Receivables".
Examples of Customer Accommodation in a sentence
Charges are related to: Customer Accommodation Costs (Gift Cards) related to concealed damage.
More Definitions of Customer Accommodation
Customer Accommodation means any Accommodation used (but not occupied) exclusively by Customer at any Type 1a or Type 1b NGW Station;