Examples of Disputed Receivable in a sentence
Moreover, the Seller shall also repurchase, on a monthly basis, any Purchased Receivables which has become subject to court litigation on the grounds of the Usury Law (any such Receivable, a "Disputed Receivable") after they have been sold to the Issuer (such repurchase being also made at a price equal to the outstanding balances thereof plus interest accrued thereon).
Any payment from a Debtor (other than a payment with respect to a Disputed Receivable) received by the Buyer subsequent to the Closing which is not specified by the Debtor to be applied against a particular Receivable or an amount owed to Buyer for other than a Receivable shall, for purposes of this Agreement, be first applied against the Receivables of such Debtor other than Disputed Receivables.
Setting Aside Amounts for a Disputed Receivable Article 726 (1)For a receivable, disputed under judicial proceedings, the adequate amount is set aside in the distribution account.
This focus has caused a resurgence of questions regarding the significance of civilians to the accomplishment of the CF’s mission.
If, at the end of such 15 Business Day period, such Disputed Receivable has not been paid to the Seller (either by the Customer or by the Purchaser on behalf of such Customer), the Seller may take any and all legal actions it believes are desirable to cause such Disputed Receivable to be paid to it.