Credit Card Receivable definition

Credit Card Receivable means Obligor Payments that are made via credit card with respect to an Eligible Solar Loan.

Credit Card Receivable means Host Customer Payments that are made via credit card.

Credit Card Receivable means the MasterCard or other successor network-branded credit card receivables, including the full cost of the goods or services purchased by a Credit Card Obligor and any accrued interest, and in which a 95.0% participation interest is sold to Today Card.

Examples of Credit Card Receivable in a sentence

• Each Grantor shall keep and maintain at its own cost and expense complete records of each Credit Card Receivable, in a manner consistent with prudent business practice, including, without limitation, records of all payments received, all credits granted thereon, all merchandise returned and all other documentation relating thereto.

• Without limiting the foregoing, to qualify as an Eligible Credit Card Receivable, an Account shall indicate no Person other than a Loan Party as payee or remittance party.

• Credit Card Receivable means the debt payable by an Obligor to an Originator pursuant to a credit card agreement between an Obligor and an Originator Currency Equivalent Amount means, in respect of a euro amount and another Eligible Currency, such euro amount converted into that other Eligible Currency at the rate determined and published by the PCS Secretariat at the time of the conversion.

• The Borrower Parties shall notify the Administrative Agent if any Account or Credit Card Receivable includes any tax due to any governmental taxing authority and, in the absence of such notice, the Administrative Agent shall have the right to retain the full proceeds of the Account or Credit Card Receivable and shall not be liable for any taxes to any governmental taxing authority that may be due by any Borrower Party by reason of the sale and delivery creating the Account or Credit Card Receivable.

• Without limiting the foregoing, to qualify as an Eligible Credit Card Receivable, such Credit Card Receivable shall indicate no Person other than a Loan Party as payee or remittance party.

More Definitions of Credit Card Receivable

Credit Card Receivable means, with respect to any Account, any right to payment in respect of such Account, and includes any existing, as well as the right to payment or receipt of any future, finance charges, late fees, returned check fees and any and all other fees and charges and other obligations, including obligations of the Borrower with respect to, and all chargeback obligations for merchandise relating to, such Account. Each Credit Card Receivable includes all rights of Seller (and Company as its assignee) to payment under the related Account Agreement.

Credit Card Receivable means, with respect to each Account, 100% of the right to receive payments from the related Obligor under the applicable Account Agreements and title thereto acquired from an Account Owner pursuant to the First Electronic Program Agreements or any Additional Bank Partner Originator Program Agreements.

Credit Card Receivable means a right to receive payment arising from a sale of merchandise or service by the Borrower or CPS pursuant to an arrangement with any Obligor pursuant to which such Obligor is obligated to pay for merchandise or service under a credit plan that permits the purchase of such merchandise and services on credit, and includes the right to payment of any interest or finance charges and other obligations of such Obligor with respect thereto.

Credit Card Receivable means each Payment Intangible, together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of Inventory by a Loan Party, or services performed by a Loan Party.

Credit Card Receivable means an indebtedness of any Person to any Originator (without giving effect to any transfer under the Initial Purchase Agreement) and any right of any Originator to payment from or on behalf of such Person whether constituting an account, chattel paper, investment or general intangible, arising in connection with the sale of goods or the rendering of services by such Originator, including the right to payment of any interest, fees, finance charges or late payment charges and other obligations of such Person with respect thereto, which indebtedness may be paid by such Person to such Originator through the use of a credit card.

Credit Card Receivable means "Receivables" as defined in the Converted Accounts Agreement. A Credit Card Receivable shall not include any rights in and to the underlying credit card account.

Credit Card Receivable means Obligor Payments with respect to an Eligible Home Improvement Loan that are made via credit card.