Aged Receivables definition

Aged Receivables means the aggregate face amount of accounts receivable of the Borrower and its Subsidiaries unpaid 180 days or more after invoice date.

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Aged Receivables means, with respect to the Company and the Company Subsidiaries, accounts receivable due to the Company or the Company Subsidiaries by a customer or customers that have been invoiced and are more than 120 days past due the applicable invoice date.

Aged Receivables has the meaning set out in Section 7.11.

Examples of Aged Receivables in a sentence

The amount in clause (ii) above shall be paid by the Seller through the extinguishment of its right to payment on the remaining Unpaid Balance of such Aged Receivables.
Deemed Collections under Section 3.2(a)(v) with respect to Aged Receivables shall be settled on the first Settlement Date to occur after the end of such Settlement Period through a dollar-for-dollar decrease in (i) deferred payments of the Purchase Price otherwise payable hereunder, (ii) distributions in respect of the Originator’s equity in the related SPE and/or (iii) in the cash portion of the Purchase Prices for Receivables sold hereunder.
The Servicer shall designate the order in which Purchased Receivables (which will become Written-Off Receivables or are Aged Receivables) are to be transferred back during a Collection Period in a notice delivered to the Purchaser and the Funding Seller.
Marriott shall be responsible for tracking payment of the Aged Receivables and shall collect only upon payment of specific Aged Receivables.
Upon Purchaser's transfer of the Aged Receivables to Seller, Seller shall be entitled to the proceeds of the collection of any Aged Receivables following the Aged Receivables Adjustment Date.

More Definitions of Aged Receivables

Aged Receivables shall have the meaning set forth in Section 2.2(c) of this Agreement.

Aged Receivables means a schedule of all outstanding Receivables of Borrower showing the age of such Receivables in intervals of 30 days.

Aged Receivables means all Accounts Receivable from customers that have been outstanding more than 90 days as of the Closing Date.

Aged Receivables means Receivables of a Company that have been outstanding for more than ninety (90) days after the relevant invoice date.

Aged Receivables has the meaning set forth in Article 4(a) of Schedule 10.4;

Aged Receivables means the amount of the Receivables at the ---------------- Effective Date which have aged for more than 90 days after the date of the initial invoice therefor.

Aged Receivables is defined in Section 2.7(a).