Common use of Nature of Receivables Clause in Contracts

Nature of Receivables. Each Receivable included in the calculation of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable".

Appears in 3 contracts

Samples: Loan and Security Agreement (Unicapital Corp), Transfer and Administration Agreement (Unicapital Corp), Transfer and Administration Agreement (Unicapital Corp)

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Nature of Receivables. Each Receivable included in the calculation of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable"" and is not a Defaulted Receivable.

Appears in 2 contracts

Samples: Security Agreement (Americredit Corp), Security Agreement (Americredit Corp)

Nature of Receivables. Each Receivable included in the --------------------- calculation of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable"" and is not a Defaulted Receivable.

Appears in 2 contracts

Samples: Security Agreement (Americredit Corp), Security Agreement (Americredit Corp)

Nature of Receivables. Each Receivable included in the calculation of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable"” and is not a Defaulted Receivable.

Appears in 2 contracts

Samples: Security Agreement (Americredit Corp), Security Agreement (Americredit Corp)

Nature of Receivables. Each Receivable included in the calculation of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable" and is not a Receivable of the type described in clauses (i) through (iii) of the definition of "Net Receivables Balance".

Appears in 1 contract

Samples: Transfer and Administration Agreement (Shaw Industries Inc)

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Nature of Receivables. Each Receivable included in the calculation --------------------- of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable"" and is not a Defaulted Receivable.

Appears in 1 contract

Samples: Security Agreement (Americredit Corp)

Nature of Receivables. Each Receivable included in the calculation of the Net Receivables Balance in fact satisfies at such time the definition of "Eligible Receivable".

Appears in 1 contract

Samples: Security Agreement (Americredit Corp)

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