Unapplied Credits definition

Unapplied Credits means any credits to a Purchased Account that are unapplied for 6 consecutive Months and which, in Purchaser’s judgment, will not be applied in the future.
Sample 1Sample 2
Unapplied Credits means any credits to an Account that are unapplied for six (6) consecutive Months and which, in the reasonable judgment of Purchaser, will not be applied in the future.
Sample 1

Examples of Unapplied Credits in a sentence

  • Unapplied Credits shall be sent back with transaction code 97 with return reason codes as detailed in Schedule XI – Return Reason Codes.

  • Unapplied Credits Correct Answer: A Section: (none) Explanation Explanation/Reference: QUESTION 3A Billing Specialist creates an adjustment for an incorrect invoice that exceeds her/his approval limit.

  • The customized version of Institute developed ERP system is shared to other eminent institutes like National Forensic Science University (Gandhinagar), Dr Subhash University (Junagadh), PGVCL based on their demand.

  • Purchaser owns any and all Unapplied Credits and Early Pay Discounts; provided however, that Purchaser agrees that it will credit to Seller amounts paid by an Account Debtor to the Lockbox Account that Purchaser confirms to its satisfaction are not associated with a Purchased Account and, further, that any and all Unapplied Credits shall first be applied by Purchaser to any Accounts written off with any excess being credited to Cost.

  • Purchaser owns any and all Unapplied Credits and Early Pay Discounts ; provided however, that Purchaser agrees that it will credit to Seller amounts paid by an Account Debtor to the Lockbox Account that Purchaser confirms to its satisfaction are not associated with a Purchased Account and, further, that any and all Unapplied Credits shall first be applied by Purchaser to any Accounts written off with any excess being credited to Cost.

  • Rates Debtors Balances as at 30th April 2013Previous Levy3,664,108.8667%Current Levy2,547,084.0346% Unapplied Credits A detailed report of balances >30 days the action being taken to recover the amount owing will be presented in a confidential report.

  • Brisbin contends that Vulcan breached the contract by failing to apply 2728 3 1 the Assured by Unapplied Credits and the Set-Offs.

  • Each of the Sellers hereby acknowledges and agrees that any and all (a) Unapplied Credits and (b) Rebates are and shall be the property of Purchaser.

  • A sample receipt is picture here:Refund Unapplied Amounts Use the Payments/Credits screen to refund Unapplied Credits.

  • Brisbin contends that he is entitled to25 Set-Offs and Assured but Unapplied Credits.

Related to Unapplied Credits

  • Credits means the Federal and State Housing Tax Credit program.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Excess Loss Account has the meaning set forth in Treas. Reg. Section 1.1502-19.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Interest Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Available Reserve Account Amount means, with respect to any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (after taking into account any interest and earnings retained in the Reserve Account pursuant to subsection 4.15(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.11(i) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Available Collections means, for any Distribution Date, (i) all Obligor payments received with respect to the Receivables during the preceding Collection Period, (ii) all Liquidation Proceeds received with respect to the Receivables during the preceding Collection Period, (iii) all interest earned on funds on deposit in the Collection Account during the preceding Collection Period, (iv) the aggregate Purchase Amount deposited in the Collection Account on the Business Day preceding such Distribution Date, (v) all prepayments received with respect to the Receivables during the preceding Collection Period attributable to any refunded item included in the Amount Financed (including amounts received as a result of rebates of extended service plan contract costs and insurance premiums and proceeds received under physical damage, theft, GAP, credit life and credit disability insurance policies), and (vi) all Simple Interest Advances deposited into the Collection Account by the Servicer on the Business Day preceding such Distribution Date; provided, however, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Purchased Receivable the Purchase Amount for which was included in Available Collections for a previous Distribution Date; provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Receivable to the extent that the Servicer has made an unreimbursed Simple Interest Advance with respect to such Receivable and is entitled to reimbursement from such payments or other amounts pursuant to Section 4.4 of the Sale and Servicing Agreement; and, provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to the Receivables that are retained by the Servicer as reimbursement for Unreimbursed Servicer Advances pursuant to Section 4.4 of the Sale and Servicing Agreement; provided, further, however, that Available Collections for any Distribution Date will exclude any Supplemental Servicing Fees.

  • Merchant Account means any account with an Acquirer or other Financial Institution, service provider, payment processor, independent sales organization, or other entity that enables an individual, a business, or other organization to accept payments of any kind.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $3,807,950.53.

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Collection Accounts As defined in Section 3.10(a).

  • 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 or dispositions attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees, prepayment fees or other amounts received in respect of Loan Assets.