Debt Collection Services definition

Debt Collection Services means the activity of a selected Tenderer carried out in the name and on behalf of the Contracting Authority, the purpose and objective of which is to settle the Contracting Authority's claims from persons other than consumers and which consists mainly of systematic and regular reminders to the debtor and/or other persons, participation in negotiations with the debtor and/or other persons, as well as tracing of assets from which the Contracting Authority's claims could be settled, and alternatively securing the sale (assignment) of such claims;
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Debt Collection Services means the collection of Accounts that are in default or delinquent (“Debt(s)”) and which are assigned to PAM in its capacity as a duly authorized and/or licensed debt collection agency. Debt collection services are performed in the name of the ▇▇▇. For the avoidance of doubt, nothing in this Article III shall apply to any Service Offerings other than Debt Collection Services.
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Examples of Debt Collection Services in a sentence

  • Notwithstanding anything to the contrary in this Contract regarding its term, PREPA may, at any moment, terminate, cancel or accelerate its expiration, after giving the other Party a not less than thirty (30) Debt Collection Services Contract Best & General Services, Page days prior notice, for any or no reason, when in PREPA's judgement such action responds to its best interest.

  • Notwithstanding anything herein to the contrary, the Company, on prior notice to the participating Stockholder, may abandon its intention to file a registration statement under this Section 2.5(c) at any time prior to such filing.

  • In order to comply with the certification requirements set forth Debt Collection Services Contract Best & General Services, above, Contractor shall require that subcontractors providing Services also make the certification set forth above in any invoices submitted in connection the Services.

  • Debt Collection Services Contract Page 4 • Uncollected accounts shall be returned to PREPA with a detailed report of all collection efforts, activities and reasons why the account is uncollectible.

  • Debt Collection Services Contract Best & General Services, Article Waiver No waiver of any breach of any portion of this Contract will constitute a waiver of any subsequent breach of the same or any other provisions hereof, and no waiver will be effective unless made in writing.

  • In accordance with the terms and conditions of this Contract, the Contractor shall provide debt collection services to assist PREPA in the collection and debt recovery of Debt Collection Services Contract Best & General Services, delinquent accounts receivable which are outstanding over 4 months.

  • Each party may specify Debt Collection Services Contract Page contacts for particular purposes, but that will not relieve that party from its obligations under the first sentence hereof.

  • PREPA will deduct and withhold at the source to the Contractor the equivalent of seven percent (7%) from payment for services rendered under this Agreement in Puerto Rico, in compliance with the New Puerto Rico Internal Revenue Code, Debt Collection Services Contract Best & General Services, Law 1-2011, Section 1062.03, as amended.

  • Systems Debt Collection Services Contract Page 4 • Uncollected accounts shall be returned to PREPA with a detailed report of all collection efforts, activities and reasons why the account is uncollectible.

  • Your records maybe shared with other organisations such as Boiler Manufacturers, Consumer Credit Organisations (should you have opted for a finance option) Debt Collection Services and Credit Reference Agencies.