Receivable Assets definition

Receivable Assets means ordinary course of business accounts receivable of the Parent or any of its Subsidiaries, and any assets related thereto, including, without limitation, all collateral securing such accounts receivable, all contracts and contract rights and all guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets (including contract rights) which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving accounts receivable and/or receivables-discount-without-recourse schemes.

Receivable Assets has the meaning specified in Section 2.01(a).

Receivable Assets shall, as used in the Origination Agreements, have the meaning assigned in Section 2.01(a) thereof/or the respective corresponding provision of such Originator Agreement.

Examples of Receivable Assets in a sentence

• The repurchase of the Receivable Assets by the Debtors from the respective Receivables SPVs will afford the Debtors enhanced liquidity in the near term as pre-petition Receivables Assets are collected.

• We quickly took actions to bolster our available cash, fully drawing on our corporate line, and managing both origination and operating cost outflows.”In its 10-Q filing for Q2, 2020, OnDeck recounts changes in the funding of two wholly owned subsidiaries, Loan Assets of On Deck LLC and Receivable Assets of On Deck LLC.

• The Prepetition ABL Credit Facility SecuredParties released their lien on all Receivable Assets sold pursuant to the Prepetition Receivables Facilities prior to the Petition Date.

• Cash on hand, Non-interest bearing checking accounts, Accounts Receivable, Assets in Liquidation, Fixed Assets (Land, Building, Equipment, etc.), Prepaid Expenses and other deferrals, and problem assets.

• The University shall ensure that no employee or other representative of a Lending Institution is ever identified to students or prospective students of the University or their parents as an employee or agent of the University.

More Definitions of Receivable Assets

Receivable Assets means the Receivables, the related Equipment and the Related Security.

Receivable Assets. The assets described in clauses (i) through (ix), inclusive, of subsection 2.1 hereof.

Receivable Assets means, collectively, any accounts receivable and property relating thereto (including the rights to any collections in respect thereof).

Receivable Assets means ordinary course of business accounts receivable of the Guarantor or any of its subsidiaries, and any assets related thereto, including, without limitation, all collateral securing such accounts receivable, all contracts and contract rights and all guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets (including contract rights) which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving accounts receivable and/or receivables discount without recourse schemes.

Receivable Assets means, at any time, all Seller Receivables sold or contributed to the Buyer hereunder, the Related Security relating to such Seller Receivables, all Collections with respect to such Seller Receivables, and all proceeds of the foregoing.

Receivable Assets means the assets sold, transferred, conveyed and assigned by NAFI to National Financial pursuant to this Agreement, which consist of (i) all Receivables identified in the Receivables Schedules attached to the Conveyances delivered hereunder on each Subsequent Transfer Date and all monies received thereon on or after the related Cut-off Date (including amounts due on or before the Cut-off Date but received by NAFI on or after such Cut-off Date); (ii) any proceeds and the right to receive proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies covering Financed Vehicles or Obligors, including rebates of insurance premiums relating to the Receivables and any proceeds from the liquidation of the Receivables; (iii) all rights against Dealers pursuant to Dealer Agreements or against Originators pursuant to Originator Agreements; (iv) the related Receivable Files and any and all other documents that NAFI keeps on file in accordance with its customary procedures relating to the Receivables, the Obligors or the Financed Vehicles; (v) property (including the right to receive future Liquidation Proceeds) that secures a Receivable and that has been acquired by or on behalf of the Trust pursuant to liquidation of such Receivable; (vi) all funds on deposit from time to time in the Trust Accounts (less all investments and proceeds thereof) and all rights of the Issuer therein; and (vii) the proceeds of any and all of the foregoing.

Receivable Assets shall have the meaning assigned thereto in the Receivables Contribution and Sale Agreement dated as of January 26, 2001 among CCSC, Risdon-AMS (USA), Inc., Zeller Plastik, Inc. and Crown Cork & Xxxx Canada Inc., as txx xxxlers, Crown Cork & Seal Receivables (DE) Corporation, as the buyer, and CCSC, as the buyer's initial servicer, as such agreement may be amended, restated, supplemented or otherwise modified from time to time, or the meaning for any term that corresponds to such term that is contained in any agreement corresponding to such Receivables Contribution and Sale Agreement and entered into pursuant to any Permitted Receivables Financing.