Eligible Foreign Receivable means an Eligible Receivable that is a Foreign Receivable.
Eligible Foreign Receivable means a Receivable resulting from a sale to a Customer outside the continental United States or a province or territory of Canada that has adopted a PPSA and is a country for which “full support” is provided as indicated on the most recently published Country Limitation Schedule, if (a) such sale is on letter of credit, guaranty or acceptance terms, in each case acceptable to Agent in its Permitted Discretion, and (b) the requirements for an Eligible Receivable are satisfied.
Eligible Foreign Receivable means a Receivable (i) that is denominated and payable in Dollars and is payable only in the United States or (ii) that is denominated and payable in Canadian Dollars and is payable only in the United States or Canada and the Obligor of which is Wal-Mart Canada Corp.
Examples of Eligible Foreign Receivable in a sentence
In addition, prior to any Receivable owed by Levi Xxxxxxx Europe to any Originator becoming an Eligible Foreign Receivable, such Originator shall send to Levi Xxxxxxx Europe a one-time written notice of such Originator's transfer of such Receivable to CRLLC and of CRLLC's re-transfer of such Receivable to Purchaser and such Originator shall obtain Levi Xxxxxxx' written acknowledgment of its receipt of such notice.
More Definitions of Eligible Foreign Receivable
Eligible Foreign Receivable means any Receivable of the UK Borrower:
Eligible Foreign Receivable means a Receivable meeting all of the criteria set forth in either of the following clauses:
Eligible Foreign Receivable means a Foreign Receivable (i) that is denominated and payable in Dollars and is payable only in the United States of America or (ii) that is denominated and payable in Canadian dollars and is payable only in the United States of America or Canada and the Obligor of which is Wal-Mart Canada Corp.
Eligible Foreign Receivable means an Eligible Receivable as to which the Obligor is a resident of an Approved Foreign Country.
Eligible Foreign Receivable means a Receivable, the Obligor of which is United Technologies Corporation, American Standard Inc., Whirlpool Corporation, General Electric Company, York International Corporation or any wholly-owned subsidiary thereof.
Eligible Foreign Receivable means any Receivable of any Borrower denominated in Dollars or in an Approved Foreign Currency arising in the Ordinary Course of Business that (i) in the case of any Receivable of any Borrower that is also an Ex-Im Borrower, would qualify as an Eligible Export-Related Account Receivable as defined in the Ex-Im Subfacility Credit Agreement but for the provisions of clause (ff) of the definition of Eligible Export-Related Accounts Receivable set forth in the Ex-Im Subfacility Credit Agreement; (ii) would qualify as an Eligible Receivable but for the provisions of clause (b) and/or (g) of the definition of Eligible Receivables, (iii) is not due or unpaid more than ninety (90) days after the original invoice date (or such greater number of days past invoice date for such Receivable permitted under the applicable Approved Credit Insurance Policy) or more than sixty (60) days after the original due date (or such greater number of days past due for such Receivable permitted under the applicable Approved Credit Insurance Policy), (iv) is insured through an Approved Credit Insurance Policy, and (v) is owing from a Customer that has been approved by Agent in its Permitted Discretion from time to time upon request of the Borrowers as an eligible Customer for Eligible Foreign Receivables (as of the Closing Date, Agent has approved Emirates Telecommunications Corp., Axtel S.A. de C.V., and Baud Telecom Company, and also, so long as the Approved Credit Insurance Policy under which their Receivables are insured is issued by Euler Hermes, WNI Equipamentos Electronics Ltda. and Furukawa Electric Co, Ltd., as eligible Customers for Eligible Foreign Receivables; provided that, Agent in its Permitted Discretion may from time to time in its Permitted Discretion and notice to the Borrowing Agent revoke such approval as to any such Customer described in this parenthetical); provided that, for the avoidance of doubt and without limiting the generality of any of the foregoing or of any clause(s) of the definition of Eligible Receivables, but notwithstanding anything to the contrary provided for otherwise in this Agreement (x) Agent may from time to time in its Permitted Discretion establish a sublimit with respect to any Eligible Foreign Receivables owing for any approved Customer, and (y) no such Receivable otherwise described in this definition shall be an Eligible Foreign Receivable if Agent in its Permitted Discretion shall have deemed it excluded from Eligible Foreign Receiva...
Eligible Foreign Receivable set forth in Section 1.01 of the Credit Agreement are hereby deleted from the Credit Agreement in their entirety.