Uncollectible definition

Uncollectible means a Portfolio Receivable which is not collectible because of the financial inability of the relevant Obligor to pay such Portfolio Receivable.

Uncollectible means: an ABS Message for which charges are billed by CLEC to CLEC’s end-user’s telephone number and cannot be collected by CLEC from its End-User, despite CLEC’s collection efforts.

Uncollectible means an Acquired Receivable which is not collectible because of the financial inability of the relevant Obligor to pay such Acquired Receivable.

Examples of Uncollectible in a sentence

• The definition of debt in the Minister of Finance Regulation Number: 201 / PMK.06 / 2010 concerning the Quality of Receivables of State Ministries / Institutions and Establishment of Allowance for Uncollectible Debt has the meaning of the amount of money that must be paid to the state ministries / institutions and / or the rightsof state ministries / institutions which can be assessed with money as a result of an agreement or other consequences based on the prevailing laws or other legal consequences.

• The C&I charge includes collection of $5.51 million of which $5.32 million will be allocated to the low income sector and $0.19 million to the residential sector.(12) Uncollectible rate approved in Docket No. 4770.

• Provisions released in same year are recognized as a credit under the “Provision Expenses”, released portion of the previous period provisions are recognized under “Other Operating Income” account Collections are accounted for under “Non-performing Loans (including collections from Doubtful Receivables)” and “Interest on Uncollectible Loans and Other Receivables” accounts.

• The property is used as collateral, and an Allowance for Uncollectible Amounts is established if the net realizable value of the collateral is less than the outstanding balance of the Notes Receivable.

More Definitions of Uncollectible

Uncollectible means the rated value of an ABS Message for which charges are billed by AT&T to AT&T’s end-user’s telephone number and cannot be collected by AT&T from its End-User, despite AT&T’s collection efforts. 2.0 RESPONSIBILITY FOR INCOLLECT CALLS 2.1 AT&T is responsible for payment of all charges for UNE-P ABS calls, excluding Unbillables and Rejects, as provided in Section 4 below. At the sole discretion of AT&T, it may xxxx its End Users for ABS calls transmitted by SBC-13STATE via the Daily Usage File (“DUF”). AT&T shall receive a forty percent (40%) accounts receivable discount (the “Accounts Receivable Discount”) off the total amount of charges for SBC-originated ABS messages and applicable taxes (which requires that AT&T pay (a) sixty percent (60%) of the total amount of charges for SBC-originated ABS messages and applicable taxes), and (b) sixty percent (60%) of any ABS charges passed through SBC by Third Party ABS Agreement–SBC-13STATE PAGE 5 OF 16 SBC-13STATE/AT&T/TCG 061203 LECs, that are included in a DUF Transmission as provided in Section 3). SBC-13STATE will credit AT&T a Billing and Collection Service (B&CS) fee of $0.05 per billed message for billing its End Users according to the ABS messages transmitted via the DUF for ABS calls originated on SBC- 13STATE’s network. 2.2 At AT&T’s option exercisable by delivery of a written request to SBC-13STATE, SBC-13STATE will selectively block calls which originate from inmate facilities that are served by SBC-13STATE’s Public Communications unit that are billable to AT&T’s End-Users. Once AT&T requests Selective Blocking, SBC-13STATE will identify AT&T’s OCNs and provide the programming necessary to restrict inmate originated collect calls which terminate to SBC-13STATE unbundled local switch ports. 2.3 Settlement with AT&T 2.3.1 The amount due SBC-13STATE shall be the total of all billable charges, plus appropriate taxes submitted to AT&T, less:

Uncollectible will mean that with respect to any Receivable (i) the debtor has had a bankruptcy or insolvency proceeding commenced, (ii) the debtor has discontinued operations and declared it cannot pay its obligations; or (iii) the receivable is not paid within six months after first billed.

Uncollectible means tax liens, fines or penalties, special assessments or improvement district liens, and/or other similar liens attached to real property for which there is no substantial likelihood of ever being collected by the lienholder in the use of reasonable efforts to collect them;

Uncollectible means monetary penalties imposed by the court that are deemed to be uncollectible when sufficient efforts to contact the person owing the money have failed to locate the person; an evaluation of the financial status of the person owing the money determines that the person cannot pay the obligation, either now or in the foreseeable future (generally with the determination being made that the cost of recovery far exceeds that of collection); or the person owing money is deceased.

Uncollectible for purposes of this policy means:

Uncollectible amounts means gross premiums due the servicing carrier after all means of collection have been exhausted by the servicing carrier. Generally, an employer that owed a servicing carrier premium, will have gone out of business, declared bankruptcy, etc.

Uncollectible means, with respect to any accounts receivable, such receivable that is more than 120 days past due or is owed by a counterparty that has been declared insolvent or bankrupt, or where a petition in bankruptcy or any petition or answer seeking an assignment for the benefit of creditors, or seeking a liquidation or dissolution or similar relief under the U.S. Bankruptcy Code or any state law is filed by or against such party.