Consolidated Receivables definition

Consolidated Receivables means the Borrower's and its Subsidiaries Receivables consolidated in accordance with GAAP.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Consolidated Receivables means Company's and its Subsidiaries' receivables consolidated in accordance with GAAP.

Consolidated Receivables means the Company's consolidated accounts receivable, determined in accordance with generally accepted accounting principles.

Examples of Consolidated Receivables in a sentence

The Borrower shall not permit the ratio of the (A) the sum of its (1) Consolidated Cash, (2) Consolidated Cash Equivalents, and (3) Consolidated Receivables to (B) its Total Funded Debt to be less than 1.1:1.0 as of the last day of each Fiscal Quarter ending on or before December 31, 1999 and 1.25:1.00 as of the last day of each Fiscal Quarter ending thereafter.
As of the last day of each Fiscal Quarter, --------------- the Borrower shall not permit the ratio of the (A) the sum of its (1) Consolidated Cash, (2) Consolidated Cash Equivalents, and (3) Consolidated Receivables to (B) its Consolidated Senior Indebtedness to be less than 1.25:1.00.
As of the last day of each Fiscal Quarter, --------------- Company shall not permit the ratio of the (A) sum of its (1) Consolidated Cash, (2) Consolidated Cash Equivalents, and (3) Consolidated Receivables to (B) its Consolidated Senior Indebtedness to be less than 1.00:1.00.

More Definitions of Consolidated Receivables

Consolidated Receivables means Accounts which arise in the ordinary course of Borrower’s and its Subsidiaries’ business on a consolidated basis. Collateral Agent reserves the right at any time and from time to time after the Effective Date upon notice to Borrower, to adjust any of the criteria set forth below and to establish new criteria in its good faith business judgment. Without limiting the fact that the determination of which Accounts are to be included as Consolidated Receivables as a matter of Collateral Agent’s good faith judgment, the following are the minimum requirements for an Account to be a Consolidated Receivable. Unless Collateral Agent agrees otherwise in writing, Consolidated Receivables shall not include:

Consolidated Receivables at any time of determination means all receivables ------------------------ of the Borrower and its Subsidiaries at such time (net of allowances for credit losses), determined in accordance with GAAP and in conformity with the line item entitled "receivables net of an allowance for credit losses" in the consolidated statements of financial condition referred to in Section 5.4, but excluding the ----------- aggregate principal amount of consumer and commercial loans owned by the Borrower or any of its Subsidiaries at such time.

Consolidated Receivables as used in this Agreement means the combined Borrower's Receivables and Guarantor's Receivables.

Consolidated Receivables means all Originated Receivables, whether owned by the Seller, the Originator, any Affiliate of the Originator or a third party.

Consolidated Receivables means, as of any date, the total of all accounts receivable which would be reflected on a consolidated balance sheet of the Company and its consolidated Subsidiaries prepared as of such date in accordance with GAAP.