Aged Receivable definition

Aged Receivable means, on any date of determination, any Receivable relating to the SCC Receivable Pool or the Lease Receivable Pool that becomes more than 90 days past due on such date or that is at risk of imminent write-off as determined by the Servicer in accordance with the Credit and Collection Policy.
Aged Receivable is defined in Section 1.4(c).
Aged Receivable means a Purchased Receivable (other than a Written-Off Receivable) that has not been paid in full by the related Obligor more than 120 days after its original Due Date. For the avoidance of doubt, an EPS Receivable shall not be considered to be an Aged Receivable.

Examples of Aged Receivable in a sentence

  • The provisions of this paragraph shall not prevent any adjustments resulting from amongst others, physical inventory of property as provided for in Article IV hereof, and exchange gains or losses as contemplated by Article I (2).

  • The Aged Receivable Fee on the unpaid Estimated Net Receivable Value of each Eligible Account at the end of each Aged Receivable Fee Period until the earlier of (a) the date such Eligible Account is Closed, or (b) the Breach Date, computed from the Aged Receivable Fee Commencement Date.

  • On the Aged Receivables Adjustment Date, the Purchaser shall ----------- transfer each such Aged Receivable to the Seller, and the number of shares remaining in the Stock Holdback shall be reduced by an amount equal to (a) the aggregate value of the transferred Aged Receivables, divided by (b) the Market ---------- Price of the Purchaser Stock as of the Aged Receivables Adjustment Date.

  • The Aged Receivable Fee on the unpaid balance of a Purchased Account at the end of each Aged Receivable Fee Period until a Purchased Account is Closed, computed from the Aged Receivable Fee Commencement Date.

  • If the entire value of the Aged Receivable (if any) exceeds the reserve reflected on the Closing Balance Sheet, then, at the election of the Buyer made in the One Year Accounts Receivable Report, the amount of such excess shall be deemed to be subtracted from the Capital Employed reflected on the Closing Balance Sheet (the “Accounts Receivable Adjustment”).


More Definitions of Aged Receivable

Aged Receivable means an accounts receivable of the Retained Business that is outstanding for more than 90 days but for less than 181 days as of the close of business on the final day of the month ending immediately prior to the Closing Date to the extent it is reflected in “Accounts Receivable, net”, on the Final Retained Business Working Capital Statement.
Aged Receivable means those certain aged receivables in the aggregate amount of $694,538.16 owed by Chief Supply Corporation to the Company, as represented by the invoices identified on Section 9.1(1) of the Seller Disclosure Schedule.
Aged Receivable means, at the end of any Accrual Period, an Eligible Receivable which was assigned from the RSA Seller to the RPA Seller pursuant to the Sale Agreement on an RSA Purchase Date which occurred 24 months or more prior to the end of such Accrual Period. In the case of an Upgrade Receivable, such 24 months shall be measured from the RSA Purchase Date upon which the related Pre-Upgrade Receivable was assigned from the RPA to the RPA Seller.
Aged Receivable as of any date of determination, any Receivable (a) which is unpaid in whole or in part for more than 91 days after its original invoice date or (b) which is, as of such date of determination, a Defaulted Receivable.
Aged Receivable means a Purchased Receivable (other than a Written-Off Receivable) that has not been paid in full by the related Obligor more than 120 days after its original Due Date. For the avoidance of doubt, an EPS Receivable shall not be considered to be an Aged Receivable to the extent a Dilution has been accounted for in the amount of the Outstanding Balance of such EPS Receivable.
Aged Receivable means, as of any date of determination, any Receivable (a) which is unpaid in whole or in part, (i) in the case of a Receivable other than a Construction Receivable or a BEAR Receivable, for more than 121 days after its original invoice date, (ii) in the case of a Construction Receivable, for more than 151 days after its original invoice date or (iii) in the case of a BEAR Receivable, for more than 91 days after its original invoice date or (b) which is, as of such date of determination, a Charged-Off Receivable.
Aged Receivable means a Receivable: