Deferred Receivables definition
Deferred Receivables means, at any time, that portion of the amount owing under any Account in respect of which portion, under the terms of credit which gave rise to such portion, no amount can be billed to the Account until a day that is after the expiry of the related deferral period, provided that from and after the day on which the amount of such portion is billed to the Account, such portion shall no longer be a Deferred Receivable and shall thereupon be a Receivable for the purposes of calculating the Pool Balance.
Deferred Receivables shall have the meaning set forth in Section 15(a).
Deferred Receivables shall have the meaning as ascribed to it under Clause 3.2(a);
Examples of Deferred Receivables in a sentence
If, at any time after delivery of a Deficiency Certification, Buyer has reason to believe that the amount by which Costs to Completion, less Deferred Receivables, exceed Projected NDT Value has increased, Buyer shall submit an additional Deficiency Certification (but not more frequently than monthly), unless at the time such additional Deficiency Certification is required to be delivered Buyer is required to deliver a Disbursement Certification.
More Definitions of Deferred Receivables
Deferred Receivables means any of the receivables described on Schedule 8.14.
Deferred Receivables means trade accounts receivable of the Business in an amount equal to the absolute value of the deferred income set forth in the Estimate under the line item “West Gen Deferred Income” as of the Closing Date in accordance with GAAP consistently applied with the principles applied in the preparation of the Balance Sheet.
Deferred Receivables means trade accounts receivable of the Business in an amount equal to the absolute value of the deferred income set forth in the