Uncollected Amounts definition

Uncollected Amounts means any APSN Fees, Retry Fees, or other amounts that Class Members owe to Defendant on an Account that has been closed during the period from five (5) years prior to the date of the Preliminary Approval Order through November 30, 2019, as identified by the Parties based on their ongoing review and analysis of Defendant's reasonably accessible data and information, in an amount not less than $1,500,000.
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Uncollected Amounts means, with respect to any Performance Period, the amount of any revenue taken into consideration in the calculation of such Gross Profit for which the payment therefor remains uncollected and past due for a period of at least 90 days and for which the applicable payor (or any applicable guarantor) is not a creditworthy counterparty, as reasonably determined by Purchaser (provided that any counterparty with an investment grade credit rating from Standard and Poor’s or ▇▇▇▇▇’▇ shall be deemed creditworthy).
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Uncollected Amounts means the amount of one million seven hundred thousand dollars ($1,700,000.00) in APSN Fees and Retry Fees or other amounts that Class Members owe to Defendant and that remain unpaid on Class Members’ Accounts that were closed with a negative balance on or before the date this Agreement is fully executed, as identified by the Parties based on review and analysis of Defendant’s reasonably accessible data and information.
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Examples of Uncollected Amounts in a sentence

  • While Defendant will issue 1099-Cs to certain Class Members in connection with the forgiveness of Uncollected Amounts, Class Members shall be responsible for their own tax reporting of payments or credits received under the terms of this Agreement.

  • To the extent appropriate account detail and identifying information is available, Defendant will use its reasonable best efforts to update the negative reporting to Chexsystems with respect to the amounts owed by Class Members (to the extent still reported) who receive forgiveness of Uncollected Amounts.

  • A Class Member whose Uncollected Amounts are less than the total APSN Fees and Retry Fees on his or her account may receive both forgiveness of Uncollected Amounts under this section and a distribution of Settlement Class Member Payments.

  • Subject to the conditions provided for in this Agreement, Defendant shall forgive the Uncollected Amounts.

  • Defendant shall update the negative reporting to Chexsystems or credit reporting agencies with respect to the amounts owed by Class Members who receive forgiveness of Uncollected Amounts.

  • A Class Member whose Uncollected Amounts are less than the total APSN Fees on his or her account may receive both forgiveness of Uncollected Amounts under this section and a distribution of Settlement Class Member Payments.

  • Subject to the conditions provided for in this Agreement, Defendant shall forgive all Uncollected Amounts.

  • Except for the forgiveness of Uncollected Amounts provided for in Section 3, nothing in this Agreement shall operate or be construed to release any claims or rights that Defendant has to recover any past, present, or future amounts that may be owed by Named Plaintiffs or by any Class Member on his/her accounts, loans, or other debts with the Defendant Releasees, pursuant to the terms and conditions of such accounts, loans, or any other debts.

  • Except for the forgiveness of Uncollected Amounts provided for in Section 3, nothing in this Agreement shall operate or be construed to release any claims or rights that Defendant has to recover any past, present or future amounts that may be owed by Named Plaintiffs or by any Class Member on his/her accounts, loans or other debts with the Defendant Releasees, pursuant to the terms and conditions of such accounts, loans, or any other debts.

  • Except for the forgiveness of Uncollected Amounts provided for in Section 3, nothing in this Agreement shall operate or be construed to release any claims or rights that Defendant has to recover any past, present or future amounts that may be owed by Named Plaintiff or by any Class Member on his/her accounts, loans or other debts with the Defendant Releasees, pursuant to the terms and conditions of such accounts, loans, or any other debts.


More Definitions of Uncollected Amounts

Uncollected Amounts shall have the meaning ascribed to such term in Section 3.3(b) hereof.
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Uncollected Amounts means amounts that have remained unpaid for more than 12 months.
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Related to Uncollected Amounts

  • Undisputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Declined Amounts has the meaning specified in Section 2.05(c).

  • Unrelated Amounts means (a) amounts deposited by the Servicer into the Collection Account but later determined by the Servicer to be mistaken or returned deposits or postings, (b) amounts deposited by the Servicer into the Collection Account as Collections but which were later determined by the Servicer to not constitute Collections with respect to the Receivables and (c) amounts received by the Servicer with respect to a Receivable that the Servicer is prohibited from depositing into the Collection Account or otherwise remitting to the Issuer by law or court order, the direction of a regulatory authority or regulatory guidance.