Foreign Accounts Receivable definition

Foreign Accounts Receivable means the Eligible Accounts Receivable of any Foreign Subsidiary that is a Loan Party.

Foreign Accounts Receivable shall be accounts receivable due on account of deliveries to be made outside of the United States.

Foreign Accounts Receivable means all Accounts Receivable of Chemtura Italy S.R.L., Chemtura Corporation, S.A. de C.V., Chemtura Industria Quimica do Brasil Limitada, Uniroyal Chemical Europe B.V. and Uniroyal Chemical Taiwan Ltd.

Examples of Foreign Accounts Receivable in a sentence

• Borrower will pay Crestmark a monthly Maintenance Fee of fifty-five one hundredths of one percent (0.55%) of the monthly average outstanding principal balance of the Loan for advances made on Foreign Accounts Receivable for the preceding month, each month until this Agreement is terminated and Crestmark is repaid the Obligations in full.

• Amounts available under the $1,500,000 revolver are limited to the amount available based on the level of Tangible Net Worth, as defined, and to 60% of Eligible Domestic Accounts Receivable plus 40% of Eligible Foreign Accounts Receivable, as defined ($1,150,000 and $1,164,000 at December 31, 1997 and March 31, 1998, respectively).

• Foreign Accounts Receivable Supported by Letters of Credit Advised and Negotiated by Bank Book Value as of ______________ $ ---------------- FOREIGN ACCOUNTS RECEIVABLE DEDUCTIONS 18.

• Notwithstanding anything to the contrary contained herein, Bank agrees that if Borrower enters into a financing arrangement with a lender to finance Borrower's Accounts Receivable which are billed to an entity operating outside of the United States or in foreign currency ("Foreign Accounts Receivable"), Bank will subordinate its security interest in the Foreign Accounts Receivable to the security interest of such lender, provided such Foreign Accounts Receivable are not Financed Receivables.

• Inclusion of Foreign Accounts Receivable The Insured shall be obliged to apply for insurance cover also in respect of all customers who are domiciled in the following countries: Andorra, Australia, Austria, Belgium, Canada, Canary Islands, Denmark, Finland, France (with French-Guayana, Guadeloupe, Martinique and Reunion), Great Britain, Greece, Ireland, Iceland, Italy, Japan, Liechtenstein, Luxembourg, Malta, Monaco, Netherlands, New Zealand, Norway, Portugal, San Marino, Spain, Sweden, Switzerland, USA.

More Definitions of Foreign Accounts Receivable

Foreign Accounts Receivable means trade accounts receivable of Borrower arising from and after the date hereof from the sale of goods in the ordinary course of business to any entity not formed under the laws of the United States of America, and its territories, or any of its 50 states.

Foreign Accounts Receivable means the gross amount of those Base Accounts receivable generated by the Borrower which arise in the ordinary course of the business operations of the Borrower, consistent with past practices, and which are due from account debtors located outside the United States of America.

Foreign Accounts Receivable. Government Receivables", "Lockbox Agreement" and "VNIE" are hereby added to Section 1.2 of the Agreement in the correct alphabetical order:

Foreign Accounts Receivable means accounts, chattel paper, --------------------------- contract rights, instruments and retail installment contracts for goods sold and actually delivered or for services rendered by the Company or a Corporate Guarantor, as the case may be, (i) from installations outside of the United States of America or (ii) to or for a Person not a U.S. citizen or otherwise organized and existing under the laws of the United States of America or any political subdivision thereof."

Foreign Accounts Receivable means, any receivable of Company and its Subsidiaries for products and services billed to customers which are not located in the United States or which are not denominated in US dollars receivables.

Foreign Accounts Receivable means Accounts with respect to which the Account Debtor is not domiciled in the United States of America "GAAP" shall mean the Generally Accepted Accounting Principles in the United States of America as in effect from time to time.

Foreign Accounts Receivable means all accounts which represent an obligation of an account debtor located in a foreign country which is insured under a credit insurance policy acceptable to Trade Bank.