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

  • When used in this Agreement, the following terms shall have the following meanings (terms defined in the singular to have the same meaning when used in the plural and vice versa): Account Debtor - a Person who is or becomes obligated under or on account of an Account, Chattel Paper or General Intangible.


More Definitions of Account Debtor

Account Debtor means a Person who is obligated on or under any Account, Chattel Paper, Instrument or General Intangible.
Account Debtor means each Person who is obligated on a Receivable or any Supporting Obligation related thereto.
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.
Account Debtor means “account debtor”, as defined in Article 9 of the UCC, and any other obligor in respect of an Account.
Account Debtor means any Person who may become obligated to the Borrower or any Subsidiary thereof under, with respect to, or on account of, an Account, Chattel Paper or General Intangibles (including a payment intangible).
Account Debtor means any Person who is or who may become obligated under, with respect to, or on account of, an Account.