Business Receivables means, in the case of each Business, all book and other debts or sums receivable by, payable to or owed to the relevant Business Seller to the extent that such debts and sums arise in respect of the relevant Business and are outstanding at the NatWest Closing in respect of the NatWest Businesses or the RBS Closing in respect of the RBS Businesses whether or not yet immediately due or payable (including trade debts, deposits, prepayments, retrospective rebates and overpayments), and interest thereon, but excluding debts owed to the Business Sellers by any relevant Tax Authority or member of the RBSG Group in respect of Taxation relating to the Business attributable to periods ended on or before, or an Event occurring (or deemed to occur) on or before, the relevant Closing (such debts in respect of Taxation including, for the avoidance of doubt, any bond or other security issued by any Tax Authority or other governmental agency representing any such debts);

Business Receivables means all amounts receivable, accrued or prepaid by or owed to the relevant Business Seller in relation to the Operations in respect of trading debtors, excluding any cash in hand, cash in transit, cash at bank and any current investments held by or on behalf of the Business Seller;

Examples of Business Receivables in a sentence

Using data from the Federal ReserveBoard’s Finance Company Business Receivables data on owned assets as of December 2019, the Bureau estimates commercial finance companies outstanding credit for commercial purposes as the value of retail motor vehicle loans plus equipment loans and other business receivables,which totaled about $215 billion.107 The Bureau further assumes that about 75 percent of this value, or $162 billion, can be attributed to loans to small businesses.
Advanta had one subsidiary, Advanta Business Receivables Corporation (ABRC).
The Advanta Business Card Master Trust was a common law trust formed pursuant to a Trust Agreement, dated August 1, 2000, between the Advanta Business Receivables Corp.
The issue being that the AESO can come back and deem something unreasonable and the market participant is then out of compliance.
Clark Decl., Ex. B (Underwriting Agreement among Advanta Business Receivables Corp., Advanta Bank Corp., and Deutsche Bank Securities Inc.

More Definitions of Business Receivables

Business Receivables means all amounts receivable by or owing to the Seller as at the Closing Date (whether or not any such amounts are then due and payable) for goods and/or services supplied by the Seller or otherwise receivable by or owing to the Seller in connection with the Pessac Business.

Business Receivables means, in respect of each Business Seller, debtors/accounts receivable of a trading nature arising in the ordinary course of business for the purposes of the Business each as detailed in Topic Area 7600, section 030 of the Unilever Accounting Policy Manual in each case at Completion and including such part of such amounts as relates to VAT;

Business Receivables means, in the case of each Business, all book and other debts receivable by, payable to, or owed to the relevant Business Transferor or any member of the RBSG Group to the extent that such debts and sums arise in the course of that Business and are outstanding at Closing whether or not yet immediately due or payable (including trade debts, deposits, prepayments, retrospective rebates and overpayments) and interest thereon but excluding:

Business Receivables means, in the case of each Business, all book and other debts or sums receivable by, payable to or owed to the relevant Business Seller to the extent that such debts and sums arise in respect of the relevant Business and are outstanding at the NatWest Closing in respect of the NatWest Businesses, the RBS Wales Closing in respect of the RBS Wales Businesses or the RBS England Closing in respect of the RBS England Businesses whether or not yet immediately due or payable (including trade debts, deposits, prepayments, retrospective rebates and overpayments), and interest thereon, but excluding debts owed to the Business Sellers by any relevant Tax Authority or member of the RBSG Group in respect of Taxation relating to the Business attributable to periods ended on or before, or an Event occurring (or deemed to occur) on or before, the Relevant Closing (such debts in respect of Taxation including, for the avoidance of doubt, any bond or other security issued by any Tax Authority or other governmental agency representing any such debts);

Business Receivables means in relation to the relevant Business, all claims of the relevant Business Seller relating to (i) the portion of the Working Capital Receivables attributable to the relevant Business as at the Effective Time and (ii) the Business Working Capital Intra-Group Trade Receivables as at the Effective Time, excluding, for the avoidance of doubt, Business Intra-Group Non-Trade Receivables;

Business Receivables means the book and other debts receivable by or owed to the Seller in relation to the Group Businesses at Closing whether or not yet due or payable (including, without limitation, trade debts, deposits, prepayments, retrospective rebates and overpayments) and interest thereon but excluding: