Foreign Accounts Receivable definition
Examples of Foreign Accounts Receivable in a sentence
The --------------------------------------------------------- Borrowers shall submit to each of the Lenders on Wednesday of each week both (i) Domestic and Foreign Accounts Receivable Agings and (ii) a certificate in the form of Exhibit B annexed hereto and specifically incorporated by reference herein and setting forth the Borrowers' compliance with Paragraph 12(a), above, each of which (i) and (ii) shall be dated as of the last day of the immediately preceding week.
Foreign Accounts Receivable Supported by Letters of Credit Advised and Negotiated by Bank Unpaid after 180 days $ ---------------- 19.
Total Foreign Accounts Receivable ---------------- Less A/R Greater than 150 days from invoice ( ) ---------------- Less Uninsured Foreign A/R ( ) ---------------- Less Other ( ) ---------------- ----------------- Borrower-Credit Insured (Less than 150 days) ---------------- Borrower-L/C Backed ---------------- Borrower-Int'l Fin.
The foregoing sale does not constitute and is not intended to result in any assumption by the Purchaser of any obligation of the Seller in connection with the Foreign Accounts Receivable.
Foreign Open Accounts Receivable shall mean those Foreign Accounts Receivable of Borrower which are not: (i) secured by letters of credit satisfactory to Bank, (ii) covered by export credit insurance or an Exim Bank guaranty satisfactory to Bank, (iii) factored through the Bank or an affiliate of the Bank, or (iv) for goods shipped through international site documentation and collections satisfactory to Bank.