Account Debtor definition
Account Debtor means any Person obligated on an Account.
Account Debtor means any Person who is or who may become obligated to any Grantor under, with respect to or on account of an Account.
Account Debtor is any “account debtor” as defined in the Code with such additions to such term as may hereafter be made.
Examples of Account Debtor in a sentence
Such assignment need not be filed of public record unless necessary to continue the perfected status of the security interest against creditors of and transferees from the Account Debtor or other Person granting the security interest.
More Definitions of Account Debtor
Account Debtor means a Person who is obligated under an Account, Chattel Paper or General Intangible.
Account Debtor means each Person who is obligated on a Receivable or any Supporting Obligation related thereto.
Account Debtor means the party who is obligated on or under any Account.
Account Debtor means any Person who may become obligated to any Credit Party under, with respect to, or on account of, an Account, Chattel Paper or General Intangibles (including a payment intangible).
Account Debtor means the obligor on an Account.
Account Debtor means a person obligated on an account, chattel paper, or general intangible. The term does not include persons obligated to pay a negotiable instrument, even if the instrument constitutes part of chattel paper.
Account Debtor. Has the meaning given that term in the UCC.