Current Receivable definition

Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

Current Receivable means any Receivable with respect to which no payment is outstanding beyond the date on which such payment was due.

Current Receivable as defined in subsection 2.13(f).

Examples of Current Receivable in a sentence

• The Owner shall cause all sums hereafter received or recovered by or for it in respect of any Current Receivable to be directly credited to a separate and distinct account as the Collateral Agent may from time to time designate and, if called upon to do so by notice in writing from the Collateral Agent, shall execute an absolute assignment of any such Current Receivable in favor of the Collateral Agent, all at the cost of the Owner.

• The Owner shall cause all sums hereafter received or recovered by or for it in respect of any Current Receivable to be directly credited to a separate and distinct account as the Indenture Trustee may from time to time designate and, if called upon to do so by notice in writing from the Indenture Trustee, shall execute an absolute assignment of any such Current Receivable in favor of the Indenture Trustee, all at the cost of the Owner.

• In the event that the Purchaser requests that the Seller consent to a settlement, modification or compromise of a Retained Current Receivable, the Seller agrees to respond to such request within five (5) Business Days after such request is received by the Seller.

• Our related party accounts receivable and related party accounts payable that are included on the balance sheet consist of the following (in thousands): December 31, 2006 Accounts Accounts Other Current Receivable Payable Liabilities (1) (1) Relates to pipeline imbalances with an affiliate of EPCO.

• Purchaser acknowledges and agrees that it is responsible for paying Seller's payroll in the amount of $113,950 for the two weeks ended September 19, 1997.

More Definitions of Current Receivable

Current Receivable means a Receivable that has not aged beyond its originally stated due date.

Current Receivable means, as of any date of determination, any Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

Current Receivable means any Eligible Receivable of ABF for which no more than 30 days has passed since the date of original invoice therefor.

Current Receivable means any Purchased Receivable other than an Overdue Receivable, Receivable Ineligible for Funding or Charge-Off Receivable.

Current Receivable means any Receivable due within thirty days after the Closing Date, other than any Xxxxxx Receivable.

Current Receivable means, as of any date of determination, any Receivable that is not a Defaulted Receivable or a Liquidated Receivable and has not been repurchased by the Purchaser, the Originator, the Servicer, the Seller or any other Person.

Current Receivable means a Pool Receivable which has an Outstanding Balance and as to which no payment, or portion thereof, remains unpaid past the original due date for such payment.