Stop Credit definition

Stop Credit means the client’s advertising account has been frozen until full payment has been received.

Examples of Stop Credit in a sentence

  • The Debtor will receive written notification from the Town to their last known address of the Stop Credit.

  • Stop Credit Where debtors do not make payment within the Town’s nominated payment terms, or enter into an approved payment arrangement, the Manager Financial Services is authorised to impose Stop Credit on the account.

  • See Federal Housing Finance Agency, FHFA Announces Decision to Stop Credit Score Initiative: No Decision in 2018; Focus Shifts to Implementing New Law, News Release, July 23, 2018, at https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Decision-to- Stop-Credit-Score-Initiative.aspx.

  • Examples of rules issued by the Commission include rules establishing certain per se violations of the Stop Credit Discrimination in Employment Act (“SCDEA”), for which covered entities are liable regardless of whether there is any adverse employment or licensing action taken against an individual.

  • This includes assessment in theory examination and practical examination, especially for science faculty.

  • Significant amendments to the NYCHRL made under Commissioner Malalis’ term include: the Stop Credit Discrimination in Employment Act, an amendment to the NYCHRL introduced on May 6, 2015 that prohibits discrimination based on credit history in employment, making it “an unlawful discriminatory practice for an employer, labor organization, employment agency, or agent thereof to request or to use for employment purposes the consumer credit history of an applicant for employment or employee,” N.Y.C. ADMIN.

  • Where debtors do not make payment within the Town’s nominated payment terms, or enter into an approved payment arrangement, the Manager Financial Services is authorised to impose Stop Credit on the account.

  • Overdue accounts are subject to Stop Credit at PERI’s discretion.

  • Presentation and request for support from the Coalition to Stop Credit Checks VOTE: Title: Community Board 3 Resolution to Support Passage of Int.

  • Although the Stop Credit Discrimination in Employment Act of 2015 goes a long way to protect New York City residents against employers’ use of consumer credit history in hiring, compensation, and other terms and conditions of employment, credit history continues to be essential for accessing housing and other essentials of life, including insurance.7 Further, when judgment creditors enforce default judgments—through income garnishment and bank restraints—litigants often suffer considerable hardship.

Related to Stop Credit

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Agent maintained at the office of the Agent at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the "Family Golf Centers, Inc. Letter of Credit Account" that shall be used solely for the purposes set forth in Sections 2.02(b) and 2.10(a) and (c).

  • Credit Account is modified to read “Grant Account”.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Federal credit means the Georgia Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

  • Eligible Letter of Credit means, as of any date of determination thereof, a Letter of Credit which supports the purchase of Inventory, (i) which Inventory does not constitute Eligible In-Transit Inventory and for which no documents of title have then been issued, (ii) which Inventory, when completed, otherwise would constitute Eligible Inventory, (iii) which Letter of Credit has an expiry within thirty (30) days of the date of initial issuance of such Letter of Credit, and (iv) which Letter of Credit provides that it may be drawn only after the Inventory is completed and after documents of title have been issued for such Inventory reflecting the Borrower, a Subsidiary Guarantor or the Administrative Agent as consignee of such Inventory.

  • New Credit Facility is defined in Section 9.8.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Commercial Letter of Credit means any Letter of Credit issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by a Loan Party in the ordinary course of business of such Loan Party.

  • Supporting Letter of Credit has the meaning specified in Section 1.3(g).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • Dual credit means the system under which an eligible high school student enrolls in college course(s) and receives credit for the course(s) from both the college and high school.

  • Card Account means the account maintained with the Bank in respect of the Card;