Not in Good Standing definition

Not in Good Standing in respect of a loan, means a loan in respect of which (i) any payment of principal or interest is 90 days or more overdue, (ii) interest is not being accrued on the books of the Bank because it is doubtful whether the principal or interest will be paid or recovered, or (iii) the rate of interest is reduced by the Bank because the borrower is financially weak.
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Not in Good Standing means in respect of a loan of which:
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Not in Good Standing means that an apprentice registered with this committee has failed to comply with their responsibilities and duties as outlined in Section 11. Apprentice Duties and Responsibilities.
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Examples of Not in Good Standing in a sentence

  • The Bank shall not direct LM to cancel BankCard AM issued to Collectors who were Not in Good Standing prior to the Effective Date.

  • At the direction of the Bank, LM shall cancel BankCard AM previously issued by the Bank to a Collector who is the holder of the AM BankCard and who is Not in Good Standing at the date of the direction.

  • By:_____________________________ Colix Xxxxx Corporate Secretary EXHIBIT D TO SASM&F (ILLINOIS) OPINION Subsidiary Guarantors Not in Good Standing Allwaste Tank Cleaning Inc.

  • Nothing in this Agreement shall alter the “at will” employment relationship between the Company and Executive, and either the Company or Executive may terminate Executive’s employment at any time and for any reason, or no reason at all, with or without Cause and regardless if Executive is Not in Good Standing or in Good Standing.

  • This Agreement shall terminate automatically upon a termination of Executive’s employment with the Company for Cause, or upon Executive’s death or Permanent Disability, or upon the conclusion of an investigation referenced in Section 3(l) above and a determination by the Company, in good faith, that Executive is Not in Good Standing.


More Definitions of Not in Good Standing

Not in Good Standing. For the purposes of this Section 8.6, a Collector who is the holder of an AM BankCard who has a minimum payment that remains unpaid for three or more billing periods or whose AM BankCard has been suspended from further activity or has been cancelled is Not in Good Standing. The Bank may at any time and from time to time change the definition of “Not in Good Standing”. The Bank shall provide reasonable advance notice to LM of every such change.
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Not in Good Standing means a student who is subject to the following restrictions: ineligibility to hold an office in any student organization recognized by the University or to hold any elected or appointed position within the University; Ineligibility to compete in intercollegiate athletic activity; ineligibility to represent the University in any capacity, including representing the University at any official function; and, ineligibility to receive a University-administered scholarship or fellowship when the sanction is in place for longer than one semester.
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Not in Good Standing means in default of any obligation to the Cooperative under a Member Agreement, a Promissory Note, these Bylaws, or any other agreement between the Member and the Cooperative; or in contravention of the Feeder Act, the Feeder Regulations, or any order made under the Feeder Act or the Feeder Regulations;
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Not in Good Standing means the business entity is not in compliance with one or more Maryland laws that apply to businesses and their responsibilities in this State. Only business entities that are active can have a good standing status, so a business that has been voluntarily terminated will also show “not in good standing” because it is no longer active.
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Not in Good Standing means a Lot Owner in default of any Assessment against his Lot or with a violation of the Declaration of Protective Covenants or these Bylaws. A Lot Owner “Not in Good Standing” is ineligible to vote on any matters properly before the Membership.
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Not in Good Standing which shall mean that the charitable trust is not properly registered, is more than 6 months in arrears in its submission of complete annual reports, has otherwise failed to comply with statutory requirements, currently is under publicly- disclosed investigation, or is subject to sanction, revocation, or penalty by the charitable trusts unit or by a court or regulatory agency of the United States government, New Hampshire, or another state; or
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Not in Good Standing means that a student is assigned out of school suspension, or expulsion. A student “not in good standing” is ineligible for participation in any USD 332 activity and is not to be at any USD 332 activity or facility. A student who accumulates 13 points or more during a semester may be recommended for a long-term suspension/expulsion from school.
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