Deficiency Letter definition

Deficiency Letter means a letter of the Claims Administrator advising the Claimant of any deficiencies in their Claim Package. The Deficiency Letter is to be sent within ten (10) days of receipt of the Claimant’s Claim Package.
View Source
Deficiency Letter means the Notice of Deficiency, dated April 15, 2011, from the Internal Revenue Service to Five Star Products, Inc. & Subsidiaries asserting deficiences in corporate income taxes for tax years 2007 and 2008 in the total amount of $275,715.
View Source

Examples of Deficiency Letter in a sentence

  • If, after inspection, the County does not agree that the Work is complete or believes that the Work is of deficient quality, the County shall send Contractor a Deficiency Letter, stating the specific aspects of the Work that are incomplete and/or deficient.

  • Upon receipt of said "Deficiency Letter", Company and Investor(s) may make alternate agreements.

  • The Provider understands that the decision of whether to issue an Approval Letter or Deficiency Letter is at the ADT’s sole discretion.

  • A Claim Form that does not meet each of these requirements is deficient and shall be responded to by the Settlement Administrator using the form Notice of Deficiency Letter attached hereto as Exhibit 6.

  • If, after ten (10) business days from the County’s receipt of Contractor’s Notice of Completion, the County does not send Contractor either an Acceptance of Completion or a Deficiency Letter, the Work under this Agreement shall be considered complete.

  • Description: Tariff Amendment: Response to Deficiency Letter to be effective 4/15/2022.

  • If the Sublease or Sublessee’s interest in the Subleased Premises is assigned other than to a Sublessee Affiliate, or if Sublessee attempts to transfer the Deficiency Letter of Credit other than to a Sublessee Affiliate, either of such events shall be a “Restricted Assignment” and shall terminate the Deficiency Letter of Credit automatically.

  • Failure of Borrower to provide satisfactory verification of an Equity Balancing Contribution or deliver a Deficiency Letter of Credit as required above shall be deemed Borrower’s election to make a Deficiency Deposit.

  • Sublessee shall return the Deficiency Letter of Credit (or any unapplied proceeds thereof) to Sublessor, or shall cause the Issuer to cancel the Deficiency Letter of Credit, within thirty (30) days following the expiration or termination of the Letter of Credit Term.

  • Also notwithstanding anything in this Sublease to the contrary, Sublessor shall have the right, from time to time during the Letter of Credit Term, but not more than once each calendar year during the Letter of Credit Term and upon no less than ten (10) days’ prior written notice to Sublessee, to replace Deficiency Letter of Credit with a replacement letter of credit meeting all of the terms and conditions set forth in this Paragraph.