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.
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Deferred Receivables shall have the meaning set forth in Section 15(a).
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Deferred Receivables shall have the meaning as ascribed to it under Clause 3.2(a);
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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.
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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.
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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
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Related to Deferred Receivables

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).