Examples of Excluded Receivable in a sentence
Outstanding Accepted Receivable means an Outstanding Receivable that is not an Excluded Receivable and that has been accepted by the Company.
The amount of Dilution included in the calculation of Dilution Ratio for each Fiscal Month has been computed in accordance with the definitions of “Dilution” and “Dilution Excluded Receivable” (and each respective term incorporated therein) and no Obligor with respect to any Dilution Excluded Receivable has asserted any dispute, offset, hold back defense, Adverse Claim or other claim with respect to such Dilution Excluded Receivable.
The ability of the Issuer to meet its obligations to pay principal and interest on the Notes and its operating and administrative expenses will be dependent solely on Revenue Receipts and Principal Receipts in respect of the Mortgage Loans in the Mortgage Portfolio, interest earned on the Transaction Accounts, amounts standing to the credit of the General Reserve Fund and the Liquidity Reserve Fund and receipts under the Swap Agreement (excluding any Swap Excluded Receivable Amounts).
Upon the occurrence of a Termination Event or Unmatured Termination Event, the Seller shall instruct the obligor of each Unencumbered Excluded Receivable to cease remitting payments with respect to all Unencumbered Excluded Receivables to any Lock-Box Account and to instead remit payments with respect thereto to any other account or lock-box (other than a Lock-Box Account or Lock-Box) from time to time identified to such obligor.
Outstanding Accepted Receivable means an Outstanding Receivable that is not an Excluded Receivable and that has been accepted by the Company via an electronic transmission.