Trade Receivables. 10.1 If a Guarantor Company grants security over its trade receivables it shall be free to deal with those receivables in the ordinary course of its business or otherwise as permitted under the Secured Documents until an Enforcement Event.
Trade Receivables. (a) If a Grantor grants Liens over its trade receivables it shall be free to deal with those receivables in the course of its business until a Notes Relevant Acceleration Event.
Trade Receivables. (a) Trade receivables included in the Accounts have realised or will realise, in the ordinary course of collection, their nominal amounts less any provisions for bad and doubtful debts included in the Accounts.
Trade Receivables. (a) If an Obligor grants security over its material trade receivables it shall be free to deal with those receivables in the course of its business until an Event of Default has occurred which is continuing and notice of acceleration in connection thereof has been given by the Facility Agent in accordance with the terms of this Agreement.
Trade Receivables. The Chargor shall on a quarterly basis and immediately on demand by the Lender provide the Lender with a list of its then outstanding trade receivables, specifying the full name and address details of the relevant customer or other trade debtor and the amount and due date of the relevant receivable.
Trade Receivables. Subject to these principles, and to the extent permitted by local laws, a Guarantor shall grant security over its trade receivables and material contracts but it shall be free to deal with those receivables and contracts in the ordinary course of its business and otherwise as permitted under the terms of the Finance Documents until the Acceleration Date. No notice of security may be served until the occurrence of the Acceleration Date. No security will be granted over any trade receivables which cannot be secured under the terms of the relevant contract. If required for perfection, validity and enforceability under local law security over trade receivables will be registered subject to the general principles set out in these Security Principles. Any list of trade receivables required shall not include details of the underlying contracts unless required by local law.
Trade Receivables. (a) Except as otherwise provided in the Debt Documents, if an Obligor grants security over its trade receivables it shall, prior to the occurrence of an Acceleration Event, be free to deal with those receivables in the course of its business.
Trade Receivables. (a) All trade receivables of the Company and the Company Subsidiaries have arisen from bona fide transactions in the Ordinary Course of Business and are valid obligations owing to the Company and the Company Subsidiaries.
Trade Receivables. All sums owing to the Pledgor from its present or future customers in respect of goods and services supplied or to be supplied.
Trade Receivables. (a) If any Loan Party grants security over its material trade receivables, it shall be free to deal with those receivables in the course of its business or as otherwise permitted under any Loan Document until the occurrence of an Enforcement Event.
