Domestic Account Debtor definition

Domestic Account Debtor means an Account Debtor that is organized (or whose parent entity is organized) under the laws of the United States, any state thereof, or the District of Columbia.
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Domestic Account Debtor means an Account Debtor which is a resident or citizen of, and is located in, the United States.
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Domestic Account Debtor means, with respect to any Eligible Account of any Credit Party, any account debtor of such Eligible Account which (a) maintains its chief executive office or principal place of business in the U.S., or (b) is organized under applicable law of the U.S. or any state of the U.S.
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Examples of Domestic Account Debtor in a sentence

  • If any portion of the Designated Picture is to be financed by a third party or if a third party is to have any ownership interest in such Designated Picture or its copyright, then such third party shall have been approved by the Required Lenders (unless it is an Acceptable Major Domestic Account Debtor) and the Administrative Agent shall have received and be satisfied with the co-financing agreement, an intercreditor agreement and such other documentation as it shall deem appropriate.


More Definitions of Domestic Account Debtor

Domestic Account Debtor means an Account Debtor which maintains a place of business in the United States of America.
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Domestic Account Debtor means any Account Debtor which is a United States Person.
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Domestic Account Debtor means, with respect to any Receivable of any Credit Party, any account debtor of such Receivable which is not a Foreign Account Debtor.
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Domestic Account Debtor means any Account Debtor that is not a Foreign Account Debtor.
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Related to Domestic Account Debtor

  • Account Debtor means any Person obligated on an Account.

  • Eligible Accounts are Accounts which arise in the ordinary course of Borrower’s business that meet all Borrower’s representations and warranties in Section 5.3. Bank reserves the right at any time and from time to time after the Effective Date, to adjust any of the criteria set forth below and to establish new criteria in its good faith business judgment. Unless Bank agrees otherwise in writing, Eligible Accounts shall not include:

  • Eligible Account Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the debt obligations of such holding company) have the highest short-term ratings of each Rating Agency at the time any amounts are held on deposit therein, or (ii) an account or accounts in a depository institution or trust company in which such accounts are insured by the FDIC or the SAIF (to the limits established by the FDIC or the SAIF, as applicable) and the uninsured deposits in which accounts are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders have a claim with respect to the funds in such account or a perfected first priority security interest against any collateral (which shall be limited to Permitted Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution or trust company in which such account is maintained, or (iii) a trust account or accounts maintained with (a) the trust department of a federal or state chartered depository institution or (b) a trust company, acting in its fiduciary capacity or (iv) any other account acceptable to each Rating Agency. Eligible Accounts may bear interest, and may include, if otherwise qualified under this definition, accounts maintained with the Trustee.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Accounts Receivable has the meaning set forth in Section 2.01(a).

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Excluded Accounts means (a) payroll accounts, (b) health savings accounts, worker’s compensation accounts and other employee benefits accounts, (c) payroll withholding tax accounts and other tax (including sales tax) remittance accounts and (d) any other account that is used solely as an escrow account or as a fiduciary or trust account and not otherwise prohibited under this Agreement or any other Loan Document.