Extraordinary collection action definition

Extraordinary collection action means any of the following:
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Extraordinary collection action or "ECA" means any action that is defined by Section 501(r) as an extraordinary collection action. Under appropriate circumstances, and in compliance with Section 501(r), the Organization may take any or all of the following ECAs:
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Extraordinary collection action. (“ECA”) means any of the following actions:
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Examples of Extraordinary collection action in a sentence

  • Obtaining an order for examination Extraordinary collection action does not include referral to a debt collection agency.

  • For the avoidance of doubt, a special revisions event, altering the allocation for the financial year on which the Withdrawal Assignment was calculated, will not cause the Withdrawal Assignment to be recalculated as this value is fixed for past months.

  • At 0200, when it became evident that his ship could make 3 to 3 1/2 knots and might hold her own against further flooding, he decided to steer for Tulagi Harbor, 18 miles away.

  • The Assistant Director of Fleet has further detail of the current position.

  • Garnishing an individual's wages.(b) "Extraordinary collection action" does not include an action pur- suant to and in compliance with section 28-22-105, Idaho Code.


More Definitions of Extraordinary collection action

Extraordinary collection action means any of the following ac- tions done in connection with a patient's debt:
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Extraordinary collection action means any of the following actions done in connection with a patient's debt:
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Related to Extraordinary collection action

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Extraordinary Items means (i) extraordinary, unusual, and/or nonrecurring items of gain or loss; (ii) gains or losses on the disposition of a business; (iii) changes in tax or accounting regulations or laws; or (iv) the effect of a merger or acquisition, all of which must be identified in the audited financial statements, including footnotes, or Management Discussion and Analysis section of the Company’s annual report.

  • Final Collection Date means the date on or following the Amortization Date on which the Aggregate Loan Principal Balance has been reduced to zero and all other Borrower Obligations have been paid in full.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Extraordinary Circumstances means floods, snow, ice storms, tornadoes, earthquakes, or other

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Reallocated Principal Collections means, with respect to any Monthly Period, the product of (a) the Principal Allocation Percentage with respect to such Monthly Period, (b) the aggregate amount of Collections in respect of Principal Receivables deposited in the Collection Account for such Monthly Period and (c) the sum of the Class B Floating Percentage and the Collateral Floating Percentage with respect to such Monthly Period.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.